Correlation
The correlation between FFFPX and FIPFX 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.
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.
Performance
FFFPX vs. FIPFX - Performance Comparison
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Key characteristics
FFFPX:
0.76
FIPFX:
0.83
FFFPX:
1.04
FIPFX:
1.13
FFFPX:
1.14
FIPFX:
1.16
FFFPX:
0.73
FIPFX:
0.79
FFFPX:
3.15
FIPFX:
3.50
FFFPX:
3.51%
FIPFX:
3.32%
FFFPX:
16.48%
FIPFX:
15.77%
FFFPX:
-57.92%
FIPFX:
-30.71%
FFFPX:
-0.35%
FIPFX:
-0.33%
Returns By Period
In the year-to-date period, FFFPX achieves a 7.03% return, which is significantly higher than FIPFX's 5.52% return. Both investments have delivered pretty close results over the past 10 years, with FFFPX having a 8.87% annualized return and FIPFX not far behind at 8.77%.
FFFPX
7.03%
5.65%
3.29%
12.50%
10.86%
12.19%
8.87%
FIPFX
5.52%
4.95%
2.48%
12.95%
10.66%
11.43%
8.77%
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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.
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Dividends
FFFPX vs. FIPFX - Dividend Comparison
FFFPX's dividend yield for the trailing twelve months is around 4.44%, more than FIPFX's 1.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFPX Fidelity Advisor Freedom 2050 Fund Class I | 4.44% | 0.25% | 1.32% | 10.66% | 9.46% | 5.31% | 6.92% | 11.56% | 4.49% | 4.73% | 5.11% | 8.67% |
FIPFX Fidelity Freedom Index 2050 Fund Investor Class | 1.94% | 2.00% | 1.94% | 2.02% | 1.93% | 1.95% | 15.16% | 2.33% | 2.05% | 2.09% | 2.02% | 3.26% |
Drawdowns
FFFPX vs. FIPFX - Drawdown Comparison
The maximum FFFPX drawdown since its inception was -57.92%, which is greater than FIPFX's maximum drawdown of -30.71%. Use the drawdown chart below to compare losses from any high point for FFFPX and FIPFX.
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Volatility
FFFPX vs. FIPFX - Volatility Comparison
Fidelity Advisor Freedom 2050 Fund Class I (FFFPX) and Fidelity Freedom Index 2050 Fund Investor Class (FIPFX) have volatilities of 3.33% and 3.34%, 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.
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