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FFGZX vs. FFEZX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FFGZX and FFEZX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

FFGZX vs. FFEZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX) and Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FFGZX:

1.30

FFEZX:

0.67

Sortino Ratio

FFGZX:

1.92

FFEZX:

1.06

Omega Ratio

FFGZX:

1.25

FFEZX:

1.15

Calmar Ratio

FFGZX:

1.64

FFEZX:

0.75

Martin Ratio

FFGZX:

6.10

FFEZX:

3.30

Ulcer Index

FFGZX:

0.98%

FFEZX:

2.52%

Daily Std Dev

FFGZX:

4.57%

FFEZX:

11.92%

Max Drawdown

FFGZX:

-14.94%

FFEZX:

-35.67%

Current Drawdown

FFGZX:

-0.60%

FFEZX:

-2.30%

Returns By Period

The year-to-date returns for both investments are quite close, with FFGZX having a 1.82% return and FFEZX slightly higher at 1.84%.


FFGZX

YTD

1.82%

1M

1.98%

6M

0.90%

1Y

5.98%

5Y*

2.71%

10Y*

N/A

FFEZX

YTD

1.84%

1M

6.40%

6M

-0.51%

1Y

7.94%

5Y*

9.52%

10Y*

N/A

*Annualized

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FFGZX vs. FFEZX - Expense Ratio Comparison

Both FFGZX and FFEZX have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Risk-Adjusted Performance

FFGZX vs. FFEZX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FFGZX
The Risk-Adjusted Performance Rank of FFGZX is 8888
Overall Rank
The Sharpe Ratio Rank of FFGZX is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of FFGZX is 8787
Sortino Ratio Rank
The Omega Ratio Rank of FFGZX is 8686
Omega Ratio Rank
The Calmar Ratio Rank of FFGZX is 9191
Calmar Ratio Rank
The Martin Ratio Rank of FFGZX is 8989
Martin Ratio Rank

FFEZX
The Risk-Adjusted Performance Rank of FFEZX is 7373
Overall Rank
The Sharpe Ratio Rank of FFEZX is 6969
Sharpe Ratio Rank
The Sortino Ratio Rank of FFEZX is 6969
Sortino Ratio Rank
The Omega Ratio Rank of FFEZX is 7171
Omega Ratio Rank
The Calmar Ratio Rank of FFEZX is 8080
Calmar Ratio Rank
The Martin Ratio Rank of FFEZX is 7878
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FFGZX vs. FFEZX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX) and Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX). 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.


The current FFGZX Sharpe Ratio is 1.30, which is higher than the FFEZX Sharpe Ratio of 0.67. The chart below compares the historical Sharpe Ratios of FFGZX and FFEZX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FFGZX vs. FFEZX - Dividend Comparison

FFGZX's dividend yield for the trailing twelve months is around 2.89%, more than FFEZX's 2.11% yield.


TTM2024202320222021202020192018201720162015
FFGZX
Fidelity Freedom Index Income Fund Institutional Premium Class
2.89%3.18%2.88%2.91%1.48%1.29%2.14%2.10%1.59%1.58%1.17%
FFEZX
Fidelity Freedom Index 2035 Fund Institutional Premium Class
2.11%2.35%2.13%1.98%1.57%1.43%1.86%2.21%1.76%1.96%2.04%

Drawdowns

FFGZX vs. FFEZX - Drawdown Comparison

The maximum FFGZX drawdown since its inception was -14.94%, smaller than the maximum FFEZX drawdown of -35.67%. Use the drawdown chart below to compare losses from any high point for FFGZX and FFEZX. For additional features, visit the drawdowns tool.


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Volatility

FFGZX vs. FFEZX - Volatility Comparison

The current volatility for Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX) is 1.63%, while Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX) has a volatility of 3.91%. This indicates that FFGZX experiences smaller price fluctuations and is considered to be less risky than FFEZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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