PortfoliosLab logo
FFFGX vs. FFFHX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FFFGX and FFFHX is 0.94, 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

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2045 Fund (FFFGX) and Fidelity Freedom 2050 Fund (FFFHX). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

FFFGX:

0.43

FFFHX:

0.61

Sortino Ratio

FFFGX:

0.77

FFFHX:

0.99

Omega Ratio

FFFGX:

1.11

FFFHX:

1.14

Calmar Ratio

FFFGX:

0.51

FFFHX:

0.69

Martin Ratio

FFFGX:

2.13

FFFHX:

2.89

Ulcer Index

FFFGX:

3.68%

FFFHX:

3.65%

Daily Std Dev

FFFGX:

16.91%

FFFHX:

16.63%

Max Drawdown

FFFGX:

-56.42%

FFFHX:

-55.81%

Current Drawdown

FFFGX:

-3.00%

FFFHX:

-0.61%

Returns By Period

In the year-to-date period, FFFGX achieves a 2.96% return, which is significantly lower than FFFHX's 5.41% return. Over the past 10 years, FFFGX has underperformed FFFHX with an annualized return of 3.93%, while FFFHX has yielded a comparatively higher 6.61% annualized return.


FFFGX

YTD

2.96%

1M

6.60%

6M

0.32%

1Y

7.29%

5Y*

8.45%

10Y*

3.93%

FFFHX

YTD

5.41%

1M

9.16%

6M

2.84%

1Y

10.05%

5Y*

11.89%

10Y*

6.61%

*Annualized

Compare stocks, funds, or ETFs

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


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

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FFFGX
The Risk-Adjusted Performance Rank of FFFGX is 5252
Overall Rank
The Sharpe Ratio Rank of FFFGX is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of FFFGX is 4747
Sortino Ratio Rank
The Omega Ratio Rank of FFFGX is 4747
Omega Ratio Rank
The Calmar Ratio Rank of FFFGX is 6161
Calmar Ratio Rank
The Martin Ratio Rank of FFFGX is 5858
Martin Ratio Rank

FFFHX
The Risk-Adjusted Performance Rank of FFFHX is 6565
Overall Rank
The Sharpe Ratio Rank of FFFHX is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of FFFHX is 6161
Sortino Ratio Rank
The Omega Ratio Rank of FFFHX is 6262
Omega Ratio Rank
The Calmar Ratio Rank of FFFHX is 7272
Calmar Ratio Rank
The Martin Ratio Rank of FFFHX is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FFFGX Sharpe Ratio is 0.43, which is comparable to the FFFHX Sharpe Ratio of 0.61. The chart below compares the historical Sharpe Ratios of FFFGX and FFFHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading data...

Dividends

FFFGX vs. FFFHX - Dividend Comparison

FFFGX's dividend yield for the trailing twelve months is around 1.72%, less than FFFHX's 3.53% yield.


TTM20242023202220212020201920182017201620152014
FFFGX
Fidelity Freedom 2045 Fund
1.72%1.97%1.84%12.04%12.00%4.99%6.51%7.82%4.01%4.15%4.17%11.68%
FFFHX
Fidelity Freedom 2050 Fund
3.53%1.36%1.72%10.29%6.98%3.27%5.35%4.73%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.


Loading data...

Volatility

FFFGX vs. FFFHX - Volatility Comparison

Fidelity Freedom 2045 Fund (FFFGX) has a higher volatility of 5.32% compared to Fidelity Freedom 2050 Fund (FFFHX) at 4.12%. This indicates that FFFGX's price experiences larger fluctuations and is considered to be riskier than FFFHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading data...