FFFIX vs. PRWCX
Compare and contrast key facts about Fidelity Advisor Freedom 2045 Fund Class I (FFFIX) and T. Rowe Price Capital Appreciation Fund (PRWCX).
FFFIX is managed by Fidelity. It was launched on Jun 1, 2006. PRWCX is managed by T. Rowe Price. It was launched on Jun 30, 1986.
Performance
FFFIX vs. PRWCX - Performance Comparison
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FFFIX vs. PRWCX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFFIX Fidelity Advisor Freedom 2045 Fund Class I | -0.89% | 23.01% | 13.79% | 19.24% | -18.13% | 15.96% | 17.59% | 26.58% | -8.16% | 21.67% |
PRWCX T. Rowe Price Capital Appreciation Fund | -3.22% | 20.92% | 12.50% | 18.85% | -12.00% | 18.45% | 18.13% | 24.62% | 0.63% | 15.34% |
Returns By Period
In the year-to-date period, FFFIX achieves a -0.89% return, which is significantly higher than PRWCX's -3.22% return. Both investments have delivered pretty close results over the past 10 years, with FFFIX having a 10.98% annualized return and PRWCX not far ahead at 11.41%.
FFFIX
- 1D
- 2.96%
- 1M
- -5.84%
- YTD
- -0.89%
- 6M
- 2.02%
- 1Y
- 20.60%
- 3Y*
- 15.84%
- 5Y*
- 8.05%
- 10Y*
- 10.98%
PRWCX
- 1D
- 1.91%
- 1M
- -2.92%
- YTD
- -3.22%
- 6M
- 5.51%
- 1Y
- 16.80%
- 3Y*
- 13.72%
- 5Y*
- 9.22%
- 10Y*
- 11.41%
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FFFIX vs. PRWCX - Expense Ratio Comparison
FFFIX has a 0.75% expense ratio, which is higher than PRWCX's 0.68% expense ratio.
Return for Risk
FFFIX vs. PRWCX — Risk / Return Rank
FFFIX
PRWCX
FFFIX vs. PRWCX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2045 Fund Class I (FFFIX) and T. Rowe Price Capital Appreciation Fund (PRWCX). 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.
| FFFIX | PRWCX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.33 | 1.27 | +0.07 |
Sortino ratioReturn per unit of downside risk | 1.91 | 2.37 | -0.46 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.34 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.89 | 2.34 | -0.44 |
Martin ratioReturn relative to average drawdown | 8.31 | 9.70 | -1.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FFFIX | PRWCX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 1.27 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.70 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.88 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.90 | -0.47 |
Correlation
The correlation between FFFIX and PRWCX is 0.91, 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.
Dividends
FFFIX vs. PRWCX - Dividend Comparison
FFFIX's dividend yield for the trailing twelve months is around 6.29%, less than PRWCX's 16.24% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFIX Fidelity Advisor Freedom 2045 Fund Class I | 6.29% | 6.23% | 0.28% | 1.38% | 10.86% | 9.63% | 5.33% | 6.99% | 11.77% | 4.73% | 4.81% | 4.00% |
PRWCX T. Rowe Price Capital Appreciation Fund | 16.24% | 15.72% | 10.38% | 4.15% | 9.44% | 9.23% | 7.97% | 5.83% | 7.46% | 6.82% | 3.51% | 9.86% |
Drawdowns
FFFIX vs. PRWCX - Drawdown Comparison
The maximum FFFIX drawdown since its inception was -56.61%, which is greater than PRWCX's maximum drawdown of -41.77%. Use the drawdown chart below to compare losses from any high point for FFFIX and PRWCX.
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Drawdown Indicators
| FFFIX | PRWCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.61% | -41.77% | -14.84% |
Max Drawdown (1Y)Largest decline over 1 year | -11.11% | -6.80% | -4.31% |
Max Drawdown (5Y)Largest decline over 5 years | -27.37% | -17.07% | -10.30% |
Max Drawdown (10Y)Largest decline over 10 years | -31.30% | -26.86% | -4.44% |
Current DrawdownCurrent decline from peak | -6.96% | -4.47% | -2.49% |
Average DrawdownAverage peak-to-trough decline | -8.65% | -3.34% | -5.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 1.64% | +0.89% |
Volatility
FFFIX vs. PRWCX - Volatility Comparison
Fidelity Advisor Freedom 2045 Fund Class I (FFFIX) has a higher volatility of 6.45% compared to T. Rowe Price Capital Appreciation Fund (PRWCX) at 3.64%. This indicates that FFFIX's price experiences larger fluctuations and is considered to be riskier than PRWCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFFIX | PRWCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.45% | 3.64% | +2.81% |
Volatility (6M)Calculated over the trailing 6-month period | 9.75% | 9.78% | -0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.96% | 13.57% | +2.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.80% | 13.24% | +1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.41% | 12.98% | +2.43% |