FFFGX vs. FXAIX
Compare and contrast key facts about Fidelity Freedom 2045 Fund (FFFGX) and Fidelity 500 Index Fund (FXAIX).
FFFGX is managed by Fidelity. It was launched on Jun 1, 2006. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFGX or FXAIX.
Correlation
The correlation between FFFGX and FXAIX 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. FXAIX - Performance Comparison
Key characteristics
FFFGX:
1.37
FXAIX:
1.87
FFFGX:
1.92
FXAIX:
2.52
FFFGX:
1.24
FXAIX:
1.34
FFFGX:
1.11
FXAIX:
2.83
FFFGX:
7.24
FXAIX:
11.72
FFFGX:
2.20%
FXAIX:
2.04%
FFFGX:
11.67%
FXAIX:
12.76%
FFFGX:
-56.42%
FXAIX:
-33.79%
FFFGX:
-0.56%
FXAIX:
-0.42%
Returns By Period
In the year-to-date period, FFFGX achieves a 5.56% return, which is significantly higher than FXAIX's 4.19% return. Over the past 10 years, FFFGX has underperformed FXAIX with an annualized return of 4.49%, while FXAIX has yielded a comparatively higher 13.09% annualized return.
FFFGX
5.56%
2.00%
5.71%
16.38%
4.89%
4.49%
FXAIX
4.19%
1.25%
10.54%
24.46%
14.70%
13.09%
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FFFGX vs. FXAIX - Expense Ratio Comparison
FFFGX has a 0.75% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FFFGX vs. FXAIX — Risk-Adjusted Performance Rank
FFFGX
FXAIX
FFFGX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2045 Fund (FFFGX) and Fidelity 500 Index Fund (FXAIX). 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. FXAIX - Dividend Comparison
FFFGX's dividend yield for the trailing twelve months is around 1.14%, less than FXAIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFGX Fidelity Freedom 2045 Fund | 1.14% | 1.21% | 1.26% | 2.12% | 2.28% | 1.04% | 1.48% | 1.66% | 1.11% | 1.43% | 4.17% | 4.57% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
FFFGX vs. FXAIX - Drawdown Comparison
The maximum FFFGX drawdown since its inception was -56.42%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FFFGX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FFFGX vs. FXAIX - Volatility Comparison
Fidelity Freedom 2045 Fund (FFFGX) and Fidelity 500 Index Fund (FXAIX) have volatilities of 2.98% and 3.00%, 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.