FFFFX vs. URINX
FFFFX (Fidelity Freedom 2040 Fund) and URINX (USAA Target Retirement Income Fund) are both Target Retirement Date funds. Over the past 10 years, FFFFX returned 11.49%/yr vs 5.57%/yr for URINX. Their correlation of 0.90 means they have usually moved in the same direction. FFFFX charges 0.66%/yr vs 0.04%/yr for URINX.
Performance
FFFFX vs. URINX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FFFFX achieves a 10.42% return, which is significantly higher than URINX's 5.97% return. Over the past 10 years, FFFFX has outperformed URINX with an annualized return of 11.49%, while URINX has yielded a comparatively lower 5.57% annualized return.
FFFFX
- 1D
- 1.94%
- 1M
- -1.18%
- 6M
- 6.83%
- YTD
- 10.42%
- 1Y
- 21.72%
- 3Y*
- 16.45%
- 5Y*
- 9.07%
- 10Y*
- 11.49%
- ALL TIME*
- 6.16%
URINX
- 1D
- 0.59%
- 1M
- 0.17%
- 6M
- 4.23%
- YTD
- 5.97%
- 1Y
- 11.68%
- 3Y*
- 9.68%
- 5Y*
- 4.98%
- 10Y*
- 5.57%
- ALL TIME*
- 6.67%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FFFFX vs. URINX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFFFX Fidelity Freedom 2040 Fund | 10.42% | 22.01% | 13.20% | 20.06% | -18.31% | 16.57% | 18.24% | 25.38% | -8.94% | 22.26% |
URINX USAA Target Retirement Income Fund | 5.97% | 12.36% | 6.66% | 10.79% | -10.38% | 6.47% | 8.74% | 11.72% | -3.00% | 8.34% |
Correlation
The correlation between FFFFX and URINX is 0.94, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.94 |
Correlation (3Y) Balances recent behavior with more history. | 0.90 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.91 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.90 |
Correlation (All Time) Calculated using the full available price history since Dec 15, 2008 | 0.90 |
The correlation between FFFFX and URINX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FFFFX vs. URINX — Risk / Return Rank
FFFFX
URINX
FFFFX vs. URINX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2040 Fund (FFFFX) and USAA Target Retirement Income Fund (URINX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FFFFX | URINX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.46 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.39 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.33 | 2.94 | -0.62 |
| Martin ratioReturn relative to average drawdown | 9.61 | 12.40 | -2.78 |
Loading charts...
Drawdowns
FFFFX vs. URINX - Drawdown Comparison
The maximum FFFFX drawdown since its inception was -54.10%, which is greater than URINX's maximum drawdown of -15.27%. Use the drawdown chart below to compare losses from any high point for FFFFX and URINX.
Loading charts...
Drawdown Indicators
| FFFFX | URINX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.10% | -15.27% | -38.83% |
Max Drawdown (1Y)Largest decline over 1 year | -8.71% | -3.92% | -4.79% |
Max Drawdown (3Y)Largest decline over 3 years | -14.08% | -4.84% | -9.24% |
Max Drawdown (5Y)Largest decline over 5 years | -27.21% | -15.27% | -11.94% |
Max Drawdown (10Y)Largest decline over 10 years | -30.93% | -15.27% | -15.66% |
Current DrawdownCurrent decline from peak | -2.34% | -0.30% | -2.04% |
Average DrawdownAverage peak-to-trough decline | -11.08% | -1.90% | -9.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 0.93% | +1.17% |
Volatility
FFFFX vs. URINX - Volatility Comparison
Fidelity Freedom 2040 Fund (FFFFX) has a higher volatility of 3.83% compared to USAA Target Retirement Income Fund (URINX) at 1.44%. This indicates that FFFFX's price experiences larger fluctuations and is considered to be riskier than URINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FFFFX | URINX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.83% | 1.44% | +2.39% |
Volatility (6M)Calculated over the trailing 6-month period | 10.96% | 4.82% | +6.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.79% | 5.64% | +7.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.55% | 6.37% | +8.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.05% | 5.87% | +9.18% |
FFFFX vs. URINX - Expense Ratio Comparison
FFFFX has a 0.66% expense ratio, which is higher than URINX's 0.04% expense ratio.
Dividends
FFFFX vs. URINX - Dividend Comparison
FFFFX's dividend yield for the trailing twelve months is around 6.45%, more than URINX's 5.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFFX Fidelity Freedom 2040 Fund | 6.45% | 5.07% | 2.63% | 1.72% | 12.33% | 12.09% | 5.67% | 6.69% | 7.97% | 4.37% | 4.05% | 4.81% |
URINX USAA Target Retirement Income Fund | 5.81% | 6.07% | 4.22% | 3.48% | 6.63% | 6.66% | 3.97% | 6.37% | 6.11% | 5.68% | 3.34% | 4.54% |
Frequently Asked Questions
With a correlation of 0.94, FFFFX and URINX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FFFFX has higher volatility (3.83%) compared to URINX (1.44%). In terms of maximum drawdown, FFFFX dropped -54.10% vs URINX's -15.27%.
URINX currently has the higher Sharpe Ratio (2.05 vs 1.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FFFFX and URINX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer