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FFGZX vs. FFOPX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FFGZX vs. FFOPX - 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 2050 Fund Institutional Premium Class (FFOPX). The values are adjusted to include any dividend payments, if applicable.

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FFGZX vs. FFOPX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
FFOPX
Fidelity Freedom Index 2050 Fund Institutional Premium Class
-4.11%21.41%14.20%19.97%-18.20%15.98%16.55%26.00%-7.19%20.61%

Returns By Period

In the year-to-date period, FFGZX achieves a -0.78% return, which is significantly higher than FFOPX's -4.11% return. Over the past 10 years, FFGZX has underperformed FFOPX with an annualized return of 3.87%, while FFOPX has yielded a comparatively higher 10.44% annualized return.


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%

FFOPX

1D
-0.17%
1M
-8.49%
YTD
-4.11%
6M
-1.22%
1Y
16.65%
3Y*
14.26%
5Y*
7.78%
10Y*
10.44%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FFGZX vs. FFOPX - Expense Ratio Comparison

Both FFGZX and FFOPX 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%.


Return for Risk

FFGZX vs. FFOPX — Risk / Return Rank

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

FFGZX
FFGZX Risk / Return Rank: 8181
Overall Rank
FFGZX Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
FFGZX Sortino Ratio Rank: 8282
Sortino Ratio Rank
FFGZX Omega Ratio Rank: 7777
Omega Ratio Rank
FFGZX Calmar Ratio Rank: 8282
Calmar Ratio Rank
FFGZX Martin Ratio Rank: 8383
Martin Ratio Rank

FFOPX
FFOPX Risk / Return Rank: 6464
Overall Rank
FFOPX Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
FFOPX Sortino Ratio Rank: 6565
Sortino Ratio Rank
FFOPX Omega Ratio Rank: 6565
Omega Ratio Rank
FFOPX Calmar Ratio Rank: 6060
Calmar Ratio Rank
FFOPX Martin Ratio Rank: 6868
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FFGZX vs. FFOPX - Risk-Adjusted Trends 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 2050 Fund Institutional Premium Class (FFOPX). 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.


FFGZXFFOPXDifference

Sharpe ratio

Return per unit of total volatility

1.51

1.10

+0.41

Sortino ratio

Return per unit of downside risk

2.12

1.61

+0.51

Omega ratio

Gain probability vs. loss probability

1.30

1.24

+0.06

Calmar ratio

Return relative to maximum drawdown

1.99

1.38

+0.61

Martin ratio

Return relative to average drawdown

8.42

6.41

+2.00

FFGZX vs. FFOPX - Sharpe Ratio Comparison

The current FFGZX Sharpe Ratio is 1.51, which is higher than the FFOPX Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of FFGZX and FFOPX, 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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Sharpe Ratios by Period


FFGZXFFOPXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.51

1.10

+0.41

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.52

0.55

-0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.88

0.69

+0.19

Sharpe Ratio (All Time)

Calculated using the full available price history

0.84

0.62

+0.22

Correlation

The correlation between FFGZX and FFOPX is 0.74, 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

FFGZX vs. FFOPX - Dividend Comparison

FFGZX's dividend yield for the trailing twelve months is around 3.46%, more than FFOPX's 2.09% yield.


TTM20252024202320222021202020192018201720162015
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%
FFOPX
Fidelity Freedom Index 2050 Fund Institutional Premium Class
2.09%2.01%2.04%1.98%2.07%2.05%1.97%15.21%2.32%2.09%2.14%2.01%

Drawdowns

FFGZX vs. FFOPX - Drawdown Comparison

The maximum FFGZX drawdown since its inception was -14.94%, smaller than the maximum FFOPX drawdown of -30.71%. Use the drawdown chart below to compare losses from any high point for FFGZX and FFOPX.


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Drawdown Indicators


FFGZXFFOPXDifference

Max Drawdown

Largest peak-to-trough decline

-14.94%

-30.71%

+15.77%

Max Drawdown (1Y)

Largest decline over 1 year

-3.33%

-10.81%

+7.48%

Max Drawdown (5Y)

Largest decline over 5 years

-14.94%

-26.18%

+11.24%

Max Drawdown (10Y)

Largest decline over 10 years

-14.94%

-30.71%

+15.77%

Current Drawdown

Current decline from peak

-3.09%

-8.97%

+5.88%

Average Drawdown

Average peak-to-trough decline

-2.29%

-4.73%

+2.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.79%

2.33%

-1.54%

Volatility

FFGZX vs. FFOPX - Volatility Comparison

The current volatility for Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX) is 1.85%, while Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX) has a volatility of 4.97%. This indicates that FFGZX experiences smaller price fluctuations and is considered to be less risky than FFOPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FFGZXFFOPXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.85%

4.97%

-3.12%

Volatility (6M)

Calculated over the trailing 6-month period

2.78%

8.70%

-5.92%

Volatility (1Y)

Calculated over the trailing 1-year period

4.35%

15.17%

-10.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.03%

14.27%

-9.24%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.39%

15.09%

-10.70%