FFFZX vs. FFGZX
Compare and contrast key facts about Fidelity Advisor Freedom 2045 Fund Class A (FFFZX) and Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX).
FFFZX is managed by Fidelity. It was launched on Jun 1, 2006. FFGZX is managed by Fidelity. It was launched on Oct 2, 2009.
Performance
FFFZX vs. FFGZX - Performance Comparison
Loading graphics...
FFFZX vs. FFGZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFFZX Fidelity Advisor Freedom 2045 Fund Class A | -3.85% | 22.79% | 13.31% | 18.99% | -18.35% | 15.72% | 17.26% | 26.34% | -8.49% | 20.21% |
FFGZX Fidelity Freedom Index Income Fund Institutional Premium Class | -0.78% | 9.13% | 5.02% | 8.32% | -11.07% | 2.85% | 8.59% | 10.68% | -0.80% | 6.73% |
Returns By Period
In the year-to-date period, FFFZX achieves a -3.85% return, which is significantly lower than FFGZX's -0.78% return. Over the past 10 years, FFFZX has outperformed FFGZX with an annualized return of 10.26%, while FFGZX has yielded a comparatively lower 3.87% annualized return.
FFFZX
- 1D
- -0.20%
- 1M
- -9.07%
- YTD
- -3.85%
- 6M
- -0.79%
- 1Y
- 17.44%
- 3Y*
- 14.37%
- 5Y*
- 7.41%
- 10Y*
- 10.26%
FFGZX
- 1D
- 0.25%
- 1M
- -3.09%
- YTD
- -0.78%
- 6M
- 0.46%
- 1Y
- 6.37%
- 3Y*
- 5.94%
- 5Y*
- 2.62%
- 10Y*
- 3.87%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FFFZX vs. FFGZX - Expense Ratio Comparison
FFFZX has a 1.00% expense ratio, which is higher than FFGZX's 0.08% expense ratio.
Return for Risk
FFFZX vs. FFGZX — Risk / Return Rank
FFFZX
FFGZX
FFFZX vs. FFGZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2045 Fund Class A (FFFZX) and Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX). 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.
| FFFZX | FFGZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.10 | 1.51 | -0.41 |
Sortino ratioReturn per unit of downside risk | 1.59 | 2.12 | -0.53 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.30 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.40 | 1.99 | -0.60 |
Martin ratioReturn relative to average drawdown | 6.22 | 8.42 | -2.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FFFZX | FFGZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.10 | 1.51 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.52 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.88 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.84 | -0.43 |
Correlation
The correlation between FFFZX and FFGZX is 0.72, 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
FFFZX vs. FFGZX - Dividend Comparison
FFFZX's dividend yield for the trailing twelve months is around 6.50%, more than FFGZX's 3.46% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFZX Fidelity Advisor Freedom 2045 Fund Class A | 6.50% | 6.25% | 1.44% | 1.34% | 10.74% | 9.51% | 5.21% | 6.78% | 11.61% | 3.53% | 4.64% | 3.73% |
FFGZX Fidelity Freedom Index Income Fund Institutional Premium Class | 3.46% | 3.30% | 3.18% | 2.88% | 3.11% | 2.10% | 2.22% | 7.35% | 3.00% | 1.95% | 1.56% | 1.06% |
Drawdowns
FFFZX vs. FFGZX - Drawdown Comparison
The maximum FFFZX drawdown since its inception was -56.70%, which is greater than FFGZX's maximum drawdown of -14.94%. Use the drawdown chart below to compare losses from any high point for FFFZX and FFGZX.
Loading graphics...
Drawdown Indicators
| FFFZX | FFGZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.70% | -14.94% | -41.76% |
Max Drawdown (1Y)Largest decline over 1 year | -11.14% | -3.33% | -7.81% |
Max Drawdown (5Y)Largest decline over 5 years | -27.52% | -14.94% | -12.58% |
Max Drawdown (10Y)Largest decline over 10 years | -31.28% | -14.94% | -16.34% |
Current DrawdownCurrent decline from peak | -9.63% | -3.09% | -6.54% |
Average DrawdownAverage peak-to-trough decline | -8.85% | -2.29% | -6.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 0.79% | +1.71% |
Volatility
FFFZX vs. FFGZX - Volatility Comparison
Fidelity Advisor Freedom 2045 Fund Class A (FFFZX) has a higher volatility of 5.51% compared to Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX) at 1.85%. This indicates that FFFZX's price experiences larger fluctuations and is considered to be riskier than FFGZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FFFZX | FFGZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.51% | 1.85% | +3.66% |
Volatility (6M)Calculated over the trailing 6-month period | 9.39% | 2.78% | +6.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.75% | 4.35% | +11.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.73% | 5.03% | +9.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.39% | 4.39% | +11.00% |