FFFHX vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Freedom 2050 Fund (FFFHX) and S&P 500 Index (^GSPC).

FFFHX is managed by Fidelity. It was launched on Jun 1, 2006.

Performance

FFFHX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2050 Fund (FFFHX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

FFFHX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FFFHX Fidelity Freedom 2050 Fund	-0.49%	23.72%	14.11%	20.45%	-18.29%	16.59%	18.25%	25.33%	-8.90%	22.29%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, FFFHX achieves a -0.49% return, which is significantly higher than ^GSPC's -3.95% return. Over the past 10 years, FFFHX has underperformed ^GSPC with an annualized return of 11.22%, while ^GSPC has yielded a comparatively higher 12.24% annualized return.

FFFHX

• 1D: 3.07%
• 1M: -5.79%
• YTD: -0.49%
• 6M: 2.98%
• 1Y: 22.49%
• 3Y*: 16.48%
• 5Y*: 8.51%
• 10Y*: 11.22%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FFFHX vs. ^GSPC — Risk / Return Rank

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

FFFHX

FFFHX Risk / Return Rank: 80
FFFHX Sharpe Ratio Rank: 78
FFFHX Sortino Ratio Rank: 79
FFFHX Omega Ratio Rank: 78
FFFHX Calmar Ratio Rank: 82
FFFHX Martin Ratio Rank: 86

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FFFHX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2050 Fund (FFFHX) and S&P 500 Index (^GSPC). 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.

	FFFHX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.44	0.92	+0.52
Sortino ratio Return per unit of downside risk	2.04	1.41	+0.63
Omega ratio Gain probability vs. loss probability	1.31	1.21	+0.09
Calmar ratio Return relative to maximum drawdown	2.06	1.41	+0.64
Martin ratio Return relative to average drawdown	9.08	6.61	+2.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FFFHX vs. ^GSPC - Sharpe Ratio Comparison

The current FFFHX Sharpe Ratio is 1.44, which is higher than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of FFFHX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FFFHX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.44	0.92	+0.52
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.58	0.61	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	0.68	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.46	-0.02

Correlation

The correlation between FFFHX and ^GSPC is 0.95, 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.

Drawdowns

FFFHX vs. ^GSPC - Drawdown Comparison

The maximum FFFHX drawdown since its inception was -56.38%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FFFHX and ^GSPC.

Drawdown Indicators

	FFFHX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-56.38%	-56.78%	+0.40%
Max Drawdown (1Y) Largest decline over 1 year	-11.14%	-12.14%	+1.00%
Max Drawdown (5Y) Largest decline over 5 years	-27.39%	-25.43%	-1.96%
Max Drawdown (10Y) Largest decline over 10 years	-30.91%	-33.92%	+3.01%
Current Drawdown Current decline from peak	-6.93%	-5.78%	-1.15%
Average Drawdown Average peak-to-trough decline	-8.89%	-10.75%	+1.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	2.60%	-0.07%

Volatility

FFFHX vs. ^GSPC - Volatility Comparison

Fidelity Freedom 2050 Fund (FFFHX) has a higher volatility of 6.66% compared to S&P 500 Index (^GSPC) at 5.37%. This indicates that FFFHX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFFHX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.66%	5.37%	+1.29%
Volatility (6M) Calculated over the trailing 6-month period	9.98%	9.55%	+0.43%
Volatility (1Y) Calculated over the trailing 1-year period	16.16%	18.33%	-2.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.88%	16.90%	-2.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.31%	18.05%	-2.74%