FFFHX vs. FFTWX

Last updated Jun 4, 2026

FFFHX (Fidelity Freedom 2050 Fund) and FFTWX (Fidelity Freedom 2025 Fund) are both Target Retirement Date funds from Fidelity. Over the past 10 years, FFFHX returned 12.41%/yr vs 8.29%/yr for FFTWX. With a 0.98 correlation, they move nearly in lockstep. FFFHX charges 0.75%/yr vs 0.62%/yr for FFTWX.

Performance

FFFHX vs. FFTWX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2050 Fund (FFFHX) and Fidelity Freedom 2025 Fund (FFTWX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FFFHX achieves a 13.62% return, which is significantly higher than FFTWX's 8.11% return. Over the past 10 years, FFFHX has outperformed FFTWX with an annualized return of 12.41%, while FFTWX has yielded a comparatively lower 8.29% annualized return.

FFFHX

• 1D: 0.62%
• 1M: 5.06%
• YTD: 13.62%
• 6M: 15.48%
• 1Y: 31.03%
• 3Y*: 20.61%
• 5Y*: 10.38%
• 10Y*: 12.41%

FFTWX

• 1D: 0.38%
• 1M: 3.06%
• YTD: 8.11%
• 6M: 8.93%
• 1Y: 19.54%
• 3Y*: 13.29%
• 5Y*: 5.88%
• 10Y*: 8.29%

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

FFFHX vs. FFTWX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FFFHX Fidelity Freedom 2050 Fund	13.62%	23.72%	14.11%	20.45%	-18.29%	16.59%	18.25%	25.33%	-8.90%	22.29%
FFTWX Fidelity Freedom 2025 Fund	8.11%	16.46%	8.20%	14.10%	-16.66%	10.09%	14.70%	19.45%	-5.93%	15.57%

Correlation

The correlation between FFFHX and FFTWX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jun 5, 2006	0.98

The correlation between FFFHX and FFTWX has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.

Return for Risk

FFFHX vs. FFTWX — Risk / Return Rank

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

FFFHX

FFFHX Risk / Return Rank: 71
FFFHX Sharpe Ratio Rank: 73
FFFHX Sortino Ratio Rank: 67
FFFHX Omega Ratio Rank: 68
FFFHX Calmar Ratio Rank: 71
FFFHX Martin Ratio Rank: 77

FFTWX

FFTWX Risk / Return Rank: 70
FFTWX Sharpe Ratio Rank: 72
FFTWX Sortino Ratio Rank: 70
FFTWX Omega Ratio Rank: 73
FFTWX Calmar Ratio Rank: 64
FFTWX Martin Ratio Rank: 70

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. FFTWX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2050 Fund (FFFHX) and Fidelity Freedom 2025 Fund (FFTWX). 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	FFTWX	Difference
Sharpe ratio: Return per unit of total volatility	2.48	2.46	+0.02
Sortino ratio: Return per unit of downside risk	3.41	3.49	-0.08
Omega ratio: Gain probability vs. loss probability	1.46	1.48	-0.02
Calmar ratio: Return relative to maximum drawdown	3.25	3.08	+0.17
Martin ratio: Return relative to average drawdown	14.45	13.46	+0.99
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. FFTWX - Sharpe Ratio Comparison

The current FFFHX Sharpe Ratio is 2.48, which is comparable to the FFTWX Sharpe Ratio of 2.46. The chart below compares the historical Sharpe Ratios of FFFHX and FFTWX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FFFHX	FFTWX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.48	2.46	+0.02
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.59	+0.10
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	0.82	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.53	-0.06

Drawdowns

FFFHX vs. FFTWX - Drawdown Comparison

The maximum FFFHX drawdown since its inception was -56.38%, which is greater than FFTWX's maximum drawdown of -47.51%. Use the drawdown chart below to compare losses from any high point for FFFHX and FFTWX.

Drawdown Indicators

	FFFHX	FFTWX	Difference
Max Drawdown Largest peak-to-trough decline	-56.38%	-47.51%	-8.87%
Max Drawdown (1Y) Largest decline over 1 year	-9.70%	-6.40%	-3.30%
Max Drawdown (3Y) Largest decline over 3 years	-15.36%	-8.87%	-6.49%
Max Drawdown (5Y) Largest decline over 5 years	-27.39%	-23.66%	-3.73%
Max Drawdown (10Y) Largest decline over 10 years	-30.91%	-23.66%	-7.25%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.83%	-5.57%	-3.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	1.46%	+0.72%

Volatility

FFFHX vs. FFTWX - Volatility Comparison

Fidelity Freedom 2050 Fund (FFFHX) has a higher volatility of 4.25% compared to Fidelity Freedom 2025 Fund (FFTWX) at 2.96%. This indicates that FFFHX's price experiences larger fluctuations and is considered to be riskier than FFTWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFFHX	FFTWX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.25%	2.96%	+1.29%
Volatility (6M) Calculated over the trailing 6-month period	10.46%	6.68%	+3.78%
Volatility (1Y) Calculated over the trailing 1-year period	12.71%	8.02%	+4.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.00%	9.94%	+5.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.38%	10.09%	+5.29%

FFFHX vs. FFTWX - Expense Ratio Comparison

FFFHX has a 0.75% expense ratio, which is higher than FFTWX's 0.62% expense ratio.

Dividends

FFFHX vs. FFTWX - Dividend Comparison

FFFHX's dividend yield for the trailing twelve months is around 5.27%, less than FFTWX's 6.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFFHX Fidelity Freedom 2050 Fund	5.27%	4.14%	1.86%	1.78%	11.83%	11.76%	4.93%	6.48%	7.69%	3.98%	4.12%	4.16%
FFTWX Fidelity Freedom 2025 Fund	6.77%	6.44%	3.74%	2.08%	9.66%	10.38%	5.75%	6.09%	6.39%	3.04%	3.91%	5.60%

Frequently Asked Questions

Can I hold both FFFHX and FFTWX in my portfolio?

With a correlation of 0.96, FFFHX and FFTWX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FFFHX or FFTWX?

FFFHX has higher volatility (4.25%) compared to FFTWX (2.96%). In terms of maximum drawdown, FFFHX dropped -56.38% vs FFTWX's -47.51%.

Which has better risk-adjusted returns?

FFFHX currently has the higher Sharpe Ratio (2.48 vs 2.46), 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.