FFFHX vs. FFFGX
Compare and contrast key facts about Fidelity Freedom 2050 Fund (FFFHX) and Fidelity Freedom 2045 Fund (FFFGX).
FFFHX is managed by Fidelity. It was launched on Jun 1, 2006. FFFGX 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: FFFHX or FFFGX.
Correlation
The correlation between FFFHX and FFFGX 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
FFFHX vs. FFFGX - Performance Comparison
Key characteristics
FFFHX:
0.41
FFFGX:
0.40
FFFHX:
0.68
FFFGX:
0.68
FFFHX:
1.09
FFFGX:
1.09
FFFHX:
0.44
FFFGX:
0.43
FFFHX:
1.91
FFFGX:
1.88
FFFHX:
3.55%
FFFGX:
3.55%
FFFHX:
16.52%
FFFGX:
16.53%
FFFHX:
-55.81%
FFFGX:
-56.42%
FFFHX:
-7.71%
FFFGX:
-7.75%
Returns By Period
The year-to-date returns for both investments are quite close, with FFFHX having a -2.12% return and FFFGX slightly higher at -2.07%. Both investments have delivered pretty close results over the past 10 years, with FFFHX having a 3.57% annualized return and FFFGX not far behind at 3.48%.
FFFHX
-2.12%
-5.03%
-4.17%
5.61%
7.21%
3.57%
FFFGX
-2.07%
-5.03%
-4.24%
5.50%
7.06%
3.48%
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FFFHX vs. FFFGX - Expense Ratio Comparison
Both FFFHX and FFFGX have an expense ratio of 0.75%.
Risk-Adjusted Performance
FFFHX vs. FFFGX — Risk-Adjusted Performance Rank
FFFHX
FFFGX
FFFHX vs. FFFGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2050 Fund (FFFHX) and Fidelity Freedom 2045 Fund (FFFGX). 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
FFFHX vs. FFFGX - Dividend Comparison
FFFHX's dividend yield for the trailing twelve months is around 1.24%, which matches FFFGX's 1.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Drawdowns
FFFHX vs. FFFGX - Drawdown Comparison
The maximum FFFHX drawdown since its inception was -55.81%, roughly equal to the maximum FFFGX drawdown of -56.42%. Use the drawdown chart below to compare losses from any high point for FFFHX and FFFGX. For additional features, visit the drawdowns tool.
Volatility
FFFHX vs. FFFGX - Volatility Comparison
Fidelity Freedom 2050 Fund (FFFHX) and Fidelity Freedom 2045 Fund (FFFGX) have volatilities of 11.37% and 11.47%, 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.