FFFHX vs. FAGIX
FFFHX (Fidelity Freedom 2050 Fund) and FAGIX (Fidelity Capital & Income Fund) are both mutual funds - FFFHX is a Target Retirement Date fund actively managed by Fidelity, while FAGIX is a High Yield Bonds fund actively managed by Fidelity. Both are actively managed. Over the past 10 years, FFFHX returned 11.91%/yr vs 7.47%/yr for FAGIX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. FFFHX charges 0.68%/yr vs 0.67%/yr for FAGIX.
Performance
FFFHX vs. FAGIX - Performance Comparison
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Returns By Period
In the year-to-date period, FFFHX achieves a 11.83% return, which is significantly higher than FAGIX's 5.47% return. Over the past 10 years, FFFHX has outperformed FAGIX with an annualized return of 11.91%, while FAGIX has yielded a comparatively lower 7.47% annualized return.
FFFHX
- 1D
- 2.28%
- 1M
- -1.19%
- 6M
- 7.77%
- YTD
- 11.83%
- 1Y
- 24.37%
- 3Y*
- 17.79%
- 5Y*
- 9.91%
- 10Y*
- 11.91%
- ALL TIME*
- 8.02%
FAGIX
- 1D
- 1.00%
- 1M
- -1.59%
- 6M
- 3.79%
- YTD
- 5.47%
- 1Y
- 11.22%
- 3Y*
- 11.21%
- 5Y*
- 6.17%
- 10Y*
- 7.47%
- ALL TIME*
- 6.07%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FFFHX vs. FAGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFFHX Fidelity Freedom 2050 Fund | 11.83% | 23.72% | 14.11% | 20.45% | -18.29% | 16.59% | 18.25% | 25.33% | -8.90% | 22.29% |
FAGIX Fidelity Capital & Income Fund | 5.47% | 12.38% | 10.69% | 13.02% | -11.50% | 11.13% | 9.95% | 18.96% | -7.17% | 11.66% |
Correlation
The correlation between FFFHX and FAGIX is 0.87, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.87 |
Correlation (3Y) Balances recent behavior with more history. | 0.87 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.85 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.84 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2006 | 0.76 |
The correlation between FFFHX and FAGIX shifts across timeframes, from 0.76 (all time) to 0.87 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FFFHX vs. FAGIX — Risk / Return Rank
FFFHX
FAGIX
FFFHX vs. FAGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2050 Fund (FFFHX) and Fidelity Capital & Income Fund (FAGIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FFFHX | FAGIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.03 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.28 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.34 | 2.72 | -0.38 |
| Martin ratioReturn relative to average drawdown | 9.75 | 10.26 | -0.51 |
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Drawdowns
FFFHX vs. FAGIX - Drawdown Comparison
The maximum FFFHX drawdown since its inception was -56.38%, which is greater than FAGIX's maximum drawdown of -37.97%. Use the drawdown chart below to compare losses from any high point for FFFHX and FAGIX.
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Drawdown Indicators
| FFFHX | FAGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.38% | -37.97% | -18.41% |
Max Drawdown (1Y)Largest decline over 1 year | -9.70% | -4.02% | -5.68% |
Max Drawdown (3Y)Largest decline over 3 years | -15.36% | -7.26% | -8.10% |
Max Drawdown (5Y)Largest decline over 5 years | -27.39% | -15.42% | -11.97% |
Max Drawdown (10Y)Largest decline over 10 years | -30.91% | -28.45% | -2.46% |
Current DrawdownCurrent decline from peak | -2.45% | -3.07% | +0.62% |
Average DrawdownAverage peak-to-trough decline | -8.77% | -6.97% | -1.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 1.06% | +1.26% |
Volatility
FFFHX vs. FAGIX - Volatility Comparison
Fidelity Freedom 2050 Fund (FFFHX) has a higher volatility of 4.33% compared to Fidelity Capital & Income Fund (FAGIX) at 2.24%. This indicates that FFFHX's price experiences larger fluctuations and is considered to be riskier than FAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFFHX | FAGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.33% | 2.24% | +2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 12.28% | 5.94% | +6.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.31% | 7.04% | +7.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.24% | 6.79% | +8.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.39% | 7.84% | +7.55% |
FFFHX vs. FAGIX - Expense Ratio Comparison
FFFHX has a 0.68% expense ratio, which is higher than FAGIX's 0.67% expense ratio.
Dividends
FFFHX vs. FAGIX - Dividend Comparison
FFFHX's dividend yield for the trailing twelve months is around 5.35%, more than FAGIX's 5.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAGIX Fidelity Capital & Income Fund | 5.05% | 4.74% | 5.02% | 5.28% | 10.25% | 6.08% | 4.59% | 5.00% | 5.67% | 5.05% | 4.57% | 4.51% |
FFFHX Fidelity Freedom 2050 Fund | 5.35% | 4.14% | 1.86% | 1.78% | 11.83% | 11.76% | 4.93% | 6.48% | 7.69% | 3.98% | 4.12% | 4.16% |
Frequently Asked Questions
FFFHX and FAGIX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FFFHX has higher volatility (4.33%) compared to FAGIX (2.24%). In terms of maximum drawdown, FFFHX dropped -56.38% vs FAGIX's -37.97%.
FFFHX currently has the higher Sharpe Ratio (1.58 vs 1.55), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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