FFFHX vs. SWYMX
Compare and contrast key facts about Fidelity Freedom 2050 Fund (FFFHX) and Schwab Target 2050 Index Fund (SWYMX).
FFFHX is managed by Fidelity. It was launched on Jun 1, 2006. SWYMX is managed by Schwab Funds. It was launched on Aug 24, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFHX or SWYMX.
Performance
FFFHX vs. SWYMX - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with FFFHX having a 16.53% return and SWYMX slightly higher at 17.09%.
FFFHX
16.53%
0.85%
6.27%
23.46%
5.26%
4.73%
SWYMX
17.09%
1.52%
9.86%
24.38%
10.24%
N/A
Key characteristics
| FFFHX | SWYMX | |
|---|---|---|
| Sharpe Ratio | 2.07 | 2.24 |
| Sortino Ratio | 2.88 | 3.00 |
| Omega Ratio | 1.37 | 1.45 |
| Calmar Ratio | 1.13 | 3.48 |
| Martin Ratio | 12.84 | 14.98 |
| Ulcer Index | 1.83% | 1.63% |
| Daily Std Dev | 11.35% | 10.89% |
| Max Drawdown | -55.81% | -31.80% |
| Current Drawdown | -2.32% | -0.62% |
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FFFHX vs. SWYMX - Expense Ratio Comparison
FFFHX has a 0.75% expense ratio, which is higher than SWYMX's 0.04% expense ratio.
Correlation
The correlation between FFFHX and SWYMX 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.
Risk-Adjusted Performance
FFFHX vs. SWYMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2050 Fund (FFFHX) and Schwab Target 2050 Index Fund (SWYMX). 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. SWYMX - Dividend Comparison
FFFHX's dividend yield for the trailing twelve months is around 1.09%, less than SWYMX's 1.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFHX Fidelity Freedom 2050 Fund | 1.09% | 1.27% | 2.12% | 2.26% | 1.04% | 1.49% | 1.64% | 1.11% | 1.42% | 4.26% | 11.75% | 7.62% |
SWYMX Schwab Target 2050 Index Fund | 1.71% | 2.00% | 1.96% | 1.74% | 1.61% | 1.96% | 2.15% | 1.43% | 1.22% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFFHX vs. SWYMX - Drawdown Comparison
The maximum FFFHX drawdown since its inception was -55.81%, which is greater than SWYMX's maximum drawdown of -31.80%. Use the drawdown chart below to compare losses from any high point for FFFHX and SWYMX. For additional features, visit the drawdowns tool.
Volatility
FFFHX vs. SWYMX - Volatility Comparison
Fidelity Freedom 2050 Fund (FFFHX) has a higher volatility of 3.13% compared to Schwab Target 2050 Index Fund (SWYMX) at 2.76%. This indicates that FFFHX's price experiences larger fluctuations and is considered to be riskier than SWYMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.