FFFPX vs. FIPFX
Compare and contrast key facts about Fidelity Advisor Freedom 2050 Fund Class I (FFFPX) and Fidelity Freedom Index 2050 Fund Investor Class (FIPFX).
FFFPX is managed by Fidelity. It was launched on Jun 1, 2006. FIPFX is managed by Fidelity. It was launched on Oct 2, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFPX or FIPFX.
Correlation
The correlation between FFFPX and FIPFX is 0.98, 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
FFFPX vs. FIPFX - Performance Comparison
Key characteristics
FFFPX:
1.52
FIPFX:
1.68
FFFPX:
2.13
FIPFX:
2.30
FFFPX:
1.27
FIPFX:
1.30
FFFPX:
1.43
FIPFX:
2.63
FFFPX:
8.32
FIPFX:
9.40
FFFPX:
2.13%
FIPFX:
1.93%
FFFPX:
11.67%
FIPFX:
10.86%
FFFPX:
-56.49%
FIPFX:
-37.17%
FFFPX:
0.00%
FIPFX:
0.00%
Returns By Period
In the year-to-date period, FFFPX achieves a 6.39% return, which is significantly higher than FIPFX's 5.39% return. Over the past 10 years, FFFPX has underperformed FIPFX with an annualized return of 4.34%, while FIPFX has yielded a comparatively higher 7.36% annualized return.
FFFPX
6.39%
4.05%
6.47%
17.01%
5.00%
4.34%
FIPFX
5.39%
3.71%
6.79%
17.49%
9.00%
7.36%
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FFFPX vs. FIPFX - Expense Ratio Comparison
FFFPX has a 0.75% expense ratio, which is higher than FIPFX's 0.12% expense ratio.
Risk-Adjusted Performance
FFFPX vs. FIPFX — Risk-Adjusted Performance Rank
FFFPX
FIPFX
FFFPX vs. FIPFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2050 Fund Class I (FFFPX) and Fidelity Freedom Index 2050 Fund Investor Class (FIPFX). 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
FFFPX vs. FIPFX - Dividend Comparison
FFFPX has not paid dividends to shareholders, while FIPFX's dividend yield for the trailing twelve months is around 1.88%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFPX Fidelity Advisor Freedom 2050 Fund Class I | 0.00% | 0.00% | 1.14% | 1.92% | 2.13% | 0.93% | 1.33% | 1.98% | 1.15% | 1.45% | 4.04% | 10.37% |
FIPFX Fidelity Freedom Index 2050 Fund Investor Class | 1.88% | 1.98% | 1.94% | 1.96% | 1.52% | 1.39% | 1.77% | 2.19% | 1.72% | 2.04% | 2.00% | 3.26% |
Drawdowns
FFFPX vs. FIPFX - Drawdown Comparison
The maximum FFFPX drawdown since its inception was -56.49%, which is greater than FIPFX's maximum drawdown of -37.17%. Use the drawdown chart below to compare losses from any high point for FFFPX and FIPFX. For additional features, visit the drawdowns tool.
Volatility
FFFPX vs. FIPFX - Volatility Comparison
Fidelity Advisor Freedom 2050 Fund Class I (FFFPX) has a higher volatility of 3.18% compared to Fidelity Freedom Index 2050 Fund Investor Class (FIPFX) at 2.83%. This indicates that FFFPX's price experiences larger fluctuations and is considered to be riskier than FIPFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.