FFFFX vs. VOO
Compare and contrast key facts about Fidelity Freedom 2040 Fund (FFFFX) and Vanguard S&P 500 ETF (VOO).
FFFFX is managed by Fidelity. It was launched on Sep 6, 2000. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFFX or VOO.
Correlation
The correlation between FFFFX and VOO is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FFFFX vs. VOO - Performance Comparison
Key characteristics
FFFFX:
1.42
VOO:
2.25
FFFFX:
2.00
VOO:
2.98
FFFFX:
1.26
VOO:
1.42
FFFFX:
0.83
VOO:
3.31
FFFFX:
8.58
VOO:
14.77
FFFFX:
1.79%
VOO:
1.90%
FFFFX:
10.86%
VOO:
12.46%
FFFFX:
-53.24%
VOO:
-33.99%
FFFFX:
-5.82%
VOO:
-2.47%
Returns By Period
In the year-to-date period, FFFFX achieves a 13.25% return, which is significantly lower than VOO's 26.02% return. Over the past 10 years, FFFFX has underperformed VOO with an annualized return of 4.23%, while VOO has yielded a comparatively higher 13.08% annualized return.
FFFFX
13.25%
-0.83%
3.76%
14.19%
3.50%
4.23%
VOO
26.02%
-0.11%
9.35%
26.45%
14.79%
13.08%
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FFFFX vs. VOO - Expense Ratio Comparison
FFFFX has a 0.75% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FFFFX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2040 Fund (FFFFX) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
FFFFX vs. VOO - Dividend Comparison
FFFFX's dividend yield for the trailing twelve months is around 1.16%, more than VOO's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFFX Fidelity Freedom 2040 Fund | 1.16% | 1.32% | 2.11% | 2.27% | 1.06% | 1.50% | 1.68% | 1.12% | 1.44% | 4.38% | 9.27% | 6.23% |
VOO Vanguard S&P 500 ETF | 0.91% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
FFFFX vs. VOO - Drawdown Comparison
The maximum FFFFX drawdown since its inception was -53.24%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FFFFX and VOO. For additional features, visit the drawdowns tool.
Volatility
FFFFX vs. VOO - Volatility Comparison
The current volatility for Fidelity Freedom 2040 Fund (FFFFX) is 3.17%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.75%. This indicates that FFFFX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.