FFFGX vs. FASMX
Compare and contrast key facts about Fidelity Freedom 2045 Fund (FFFGX) and Fidelity Asset Manager 50% Fund (FASMX).
FFFGX is managed by Fidelity. It was launched on Jun 1, 2006. FASMX is managed by BlackRock. It was launched on Dec 28, 1988.
Performance
FFFGX vs. FASMX - Performance Comparison
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FFFGX vs. FASMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFFGX Fidelity Freedom 2045 Fund | -3.32% | 23.77% | 13.95% | 20.56% | -18.29% | 16.55% | 18.22% | 25.41% | -8.89% | 22.22% |
FASMX Fidelity Asset Manager 50% Fund | -2.02% | 14.94% | 8.46% | 13.09% | -14.93% | 9.86% | 14.72% | 18.25% | -5.51% | 11.73% |
Returns By Period
In the year-to-date period, FFFGX achieves a -3.32% return, which is significantly lower than FASMX's -2.02% return. Over the past 10 years, FFFGX has outperformed FASMX with an annualized return of 10.90%, while FASMX has yielded a comparatively lower 6.84% annualized return.
FFFGX
- 1D
- -0.32%
- 1M
- -8.98%
- YTD
- -3.32%
- 6M
- 0.25%
- 1Y
- 19.57%
- 3Y*
- 15.37%
- 5Y*
- 8.16%
- 10Y*
- 10.90%
FASMX
- 1D
- -0.09%
- 1M
- -5.86%
- YTD
- -2.02%
- 6M
- 0.38%
- 1Y
- 12.51%
- 3Y*
- 9.57%
- 5Y*
- 4.94%
- 10Y*
- 6.84%
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FFFGX vs. FASMX - Expense Ratio Comparison
FFFGX has a 0.75% expense ratio, which is higher than FASMX's 0.62% expense ratio.
Return for Risk
FFFGX vs. FASMX — Risk / Return Rank
FFFGX
FASMX
FFFGX vs. FASMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2045 Fund (FFFGX) and Fidelity Asset Manager 50% Fund (FASMX). 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.
| FFFGX | FASMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.23 | 1.32 | -0.10 |
Sortino ratioReturn per unit of downside risk | 1.76 | 1.87 | -0.11 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.27 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.57 | 1.71 | -0.14 |
Martin ratioReturn relative to average drawdown | 7.10 | 7.35 | -0.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FFFGX | FASMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 1.32 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.54 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.74 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.82 | -0.38 |
Correlation
The correlation between FFFGX and FASMX 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.
Dividends
FFFGX vs. FASMX - Dividend Comparison
FFFGX's dividend yield for the trailing twelve months is around 4.55%, less than FASMX's 7.74% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFGX Fidelity Freedom 2045 Fund | 4.55% | 4.40% | 1.97% | 1.84% | 12.04% | 12.00% | 4.99% | 6.51% | 7.82% | 4.01% | 4.15% | 4.07% |
FASMX Fidelity Asset Manager 50% Fund | 7.74% | 7.58% | 3.88% | 2.18% | 6.78% | 2.91% | 2.40% | 4.21% | 5.11% | 2.24% | 1.69% | 5.77% |
Drawdowns
FFFGX vs. FASMX - Drawdown Comparison
The maximum FFFGX drawdown since its inception was -54.61%, which is greater than FASMX's maximum drawdown of -37.75%. Use the drawdown chart below to compare losses from any high point for FFFGX and FASMX.
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Drawdown Indicators
| FFFGX | FASMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.61% | -37.75% | -16.86% |
Max Drawdown (1Y)Largest decline over 1 year | -11.21% | -6.84% | -4.37% |
Max Drawdown (5Y)Largest decline over 5 years | -27.33% | -20.54% | -6.79% |
Max Drawdown (10Y)Largest decline over 10 years | -30.95% | -21.27% | -9.68% |
Current DrawdownCurrent decline from peak | -9.57% | -6.19% | -3.38% |
Average DrawdownAverage peak-to-trough decline | -8.42% | -4.13% | -4.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 1.59% | +0.89% |
Volatility
FFFGX vs. FASMX - Volatility Comparison
Fidelity Freedom 2045 Fund (FFFGX) has a higher volatility of 5.51% compared to Fidelity Asset Manager 50% Fund (FASMX) at 3.59%. This indicates that FFFGX's price experiences larger fluctuations and is considered to be riskier than FASMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFFGX | FASMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.51% | 3.59% | +1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 9.36% | 5.90% | +3.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.90% | 9.51% | +6.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.81% | 9.21% | +5.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.26% | 9.24% | +6.02% |