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VTIVX vs. FFFFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VTIVX and FFFFX is 0.97, 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.


-0.50.00.51.01.0

Performance

VTIVX vs. FFFFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Target Retirement 2045 Fund (VTIVX) and Fidelity Freedom 2040 Fund (FFFFX). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.36%
3.66%
VTIVX
FFFFX

Key characteristics

Sharpe Ratio

VTIVX:

1.63

FFFFX:

1.42

Sortino Ratio

VTIVX:

2.25

FFFFX:

2.00

Omega Ratio

VTIVX:

1.30

FFFFX:

1.26

Calmar Ratio

VTIVX:

2.53

FFFFX:

0.83

Martin Ratio

VTIVX:

10.35

FFFFX:

8.58

Ulcer Index

VTIVX:

1.59%

FFFFX:

1.79%

Daily Std Dev

VTIVX:

10.06%

FFFFX:

10.86%

Max Drawdown

VTIVX:

-51.69%

FFFFX:

-53.24%

Current Drawdown

VTIVX:

-3.18%

FFFFX:

-5.82%

Returns By Period

In the year-to-date period, VTIVX achieves a 14.33% return, which is significantly higher than FFFFX's 13.25% return. Over the past 10 years, VTIVX has outperformed FFFFX with an annualized return of 8.55%, while FFFFX has yielded a comparatively lower 4.23% annualized return.


VTIVX

YTD

14.33%

1M

-0.78%

6M

5.43%

1Y

15.08%

5Y*

8.89%

10Y*

8.55%

FFFFX

YTD

13.25%

1M

-0.83%

6M

3.76%

1Y

14.19%

5Y*

3.50%

10Y*

4.23%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VTIVX vs. FFFFX - Expense Ratio Comparison

VTIVX has a 0.08% expense ratio, which is lower than FFFFX's 0.75% expense ratio.


FFFFX
Fidelity Freedom 2040 Fund
Expense ratio chart for FFFFX: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for VTIVX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

VTIVX vs. FFFFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2045 Fund (VTIVX) and Fidelity Freedom 2040 Fund (FFFFX). 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.


Sharpe ratio
The chart of Sharpe ratio for VTIVX, currently valued at 1.63, compared to the broader market-1.000.001.002.003.004.001.631.42
The chart of Sortino ratio for VTIVX, currently valued at 2.25, compared to the broader market-2.000.002.004.006.008.0010.002.252.00
The chart of Omega ratio for VTIVX, currently valued at 1.30, compared to the broader market0.501.001.502.002.503.003.501.301.26
The chart of Calmar ratio for VTIVX, currently valued at 2.53, compared to the broader market0.002.004.006.008.0010.0012.0014.002.530.83
The chart of Martin ratio for VTIVX, currently valued at 10.35, compared to the broader market0.0020.0040.0060.0010.358.58
VTIVX
FFFFX

The current VTIVX Sharpe Ratio is 1.63, which is comparable to the FFFFX Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of VTIVX and FFFFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.63
1.42
VTIVX
FFFFX

Dividends

VTIVX vs. FFFFX - Dividend Comparison

VTIVX's dividend yield for the trailing twelve months is around 1.99%, more than FFFFX's 1.16% yield.


TTM20232022202120202019201820172016201520142013
VTIVX
Vanguard Target Retirement 2045 Fund
1.99%2.28%2.13%2.22%1.60%2.23%2.39%1.90%1.99%2.17%2.05%1.88%
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%

Drawdowns

VTIVX vs. FFFFX - Drawdown Comparison

The maximum VTIVX drawdown since its inception was -51.69%, roughly equal to the maximum FFFFX drawdown of -53.24%. Use the drawdown chart below to compare losses from any high point for VTIVX and FFFFX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.18%
-5.82%
VTIVX
FFFFX

Volatility

VTIVX vs. FFFFX - Volatility Comparison

The current volatility for Vanguard Target Retirement 2045 Fund (VTIVX) is 2.97%, while Fidelity Freedom 2040 Fund (FFFFX) has a volatility of 3.17%. This indicates that VTIVX experiences smaller price fluctuations and is considered to be less risky than FFFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
2.97%
3.17%
VTIVX
FFFFX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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