FFFGX vs. FFFHX
Compare and contrast key facts about Fidelity Freedom 2045 Fund (FFFGX) and Fidelity Freedom 2050 Fund (FFFHX).
FFFGX is managed by Fidelity. It was launched on Jun 1, 2006. FFFHX is managed by Fidelity. It was launched on Jun 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFGX or FFFHX.
Correlation
The correlation between FFFGX and FFFHX is 0.93, 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
FFFGX vs. FFFHX - Performance Comparison
Key characteristics
FFFGX:
0.40
FFFHX:
0.41
FFFGX:
0.68
FFFHX:
0.68
FFFGX:
1.09
FFFHX:
1.09
FFFGX:
0.43
FFFHX:
0.44
FFFGX:
1.88
FFFHX:
1.91
FFFGX:
3.55%
FFFHX:
3.55%
FFFGX:
16.53%
FFFHX:
16.52%
FFFGX:
-56.42%
FFFHX:
-55.81%
FFFGX:
-7.75%
FFFHX:
-7.71%
Returns By Period
The year-to-date returns for both stocks are quite close, with FFFGX having a -2.07% return and FFFHX slightly lower at -2.12%. Both investments have delivered pretty close results over the past 10 years, with FFFGX having a 3.48% annualized return and FFFHX not far ahead at 3.57%.
FFFGX
-2.07%
-5.03%
-4.24%
5.50%
7.06%
3.48%
FFFHX
-2.12%
-5.03%
-4.17%
5.61%
7.21%
3.57%
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FFFGX vs. FFFHX - Expense Ratio Comparison
Both FFFGX and FFFHX have an expense ratio of 0.75%.
Risk-Adjusted Performance
FFFGX vs. FFFHX — Risk-Adjusted Performance Rank
FFFGX
FFFHX
FFFGX vs. FFFHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2045 Fund (FFFGX) and Fidelity Freedom 2050 Fund (FFFHX). 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
FFFGX vs. FFFHX - Dividend Comparison
FFFGX's dividend yield for the trailing twelve months is around 1.23%, which matches FFFHX's 1.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFGX Fidelity Freedom 2045 Fund | 1.23% | 1.21% | 1.26% | 2.12% | 2.28% | 1.04% | 1.48% | 1.66% | 1.11% | 1.43% | 4.17% | 4.57% |
FFFHX Fidelity Freedom 2050 Fund | 1.24% | 1.21% | 1.27% | 2.12% | 2.26% | 1.04% | 1.49% | 1.64% | 1.11% | 1.42% | 4.26% | 11.75% |
Drawdowns
FFFGX vs. FFFHX - Drawdown Comparison
The maximum FFFGX drawdown since its inception was -56.42%, roughly equal to the maximum FFFHX drawdown of -55.81%. Use the drawdown chart below to compare losses from any high point for FFFGX and FFFHX. For additional features, visit the drawdowns tool.
Volatility
FFFGX vs. FFFHX - Volatility Comparison
Fidelity Freedom 2045 Fund (FFFGX) and Fidelity Freedom 2050 Fund (FFFHX) have volatilities of 11.47% and 11.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.