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FFGZX vs. FZROX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FFGZX vs. FZROX - 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 ZERO Total Market Index Fund (FZROX). The values are adjusted to include any dividend payments, if applicable.

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FFGZX vs. FZROX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
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%-1.47%
FZROX
Fidelity ZERO Total Market Index Fund
-6.77%17.23%23.94%26.20%-19.21%26.00%20.51%31.15%-12.72%

Returns By Period

In the year-to-date period, FFGZX achieves a -0.78% return, which is significantly higher than FZROX's -6.77% 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%

FZROX

1D
-0.45%
1M
-7.71%
YTD
-6.77%
6M
-4.49%
1Y
14.82%
3Y*
16.81%
5Y*
10.36%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FFGZX vs. FZROX - Expense Ratio Comparison

FFGZX has a 0.08% expense ratio, which is higher than FZROX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Return for Risk

FFGZX vs. FZROX — 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

FZROX
FZROX Risk / Return Rank: 4646
Overall Rank
FZROX Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
FZROX Sortino Ratio Rank: 4545
Sortino Ratio Rank
FZROX Omega Ratio Rank: 4949
Omega Ratio Rank
FZROX Calmar Ratio Rank: 4141
Calmar Ratio Rank
FZROX Martin Ratio Rank: 5353
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. FZROX - 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 ZERO Total Market Index Fund (FZROX). 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.


FFGZXFZROXDifference

Sharpe ratio

Return per unit of total volatility

1.51

0.84

+0.68

Sortino ratio

Return per unit of downside risk

2.12

1.30

+0.82

Omega ratio

Gain probability vs. loss probability

1.30

1.20

+0.10

Calmar ratio

Return relative to maximum drawdown

1.99

1.05

+0.94

Martin ratio

Return relative to average drawdown

8.42

5.11

+3.30

FFGZX vs. FZROX - Sharpe Ratio Comparison

The current FFGZX Sharpe Ratio is 1.51, which is higher than the FZROX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of FFGZX and FZROX, 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


FFGZXFZROXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.51

0.84

+0.68

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.52

0.60

-0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.88

Sharpe Ratio (All Time)

Calculated using the full available price history

0.84

0.61

+0.24

Correlation

The correlation between FFGZX and FZROX is 0.65, 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.


Dividends

FFGZX vs. FZROX - Dividend Comparison

FFGZX's dividend yield for the trailing twelve months is around 3.46%, more than FZROX's 1.10% 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%
FZROX
Fidelity ZERO Total Market Index Fund
1.10%1.02%1.16%1.36%1.57%1.25%1.27%1.51%0.00%0.00%0.00%0.00%

Drawdowns

FFGZX vs. FZROX - Drawdown Comparison

The maximum FFGZX drawdown since its inception was -14.94%, smaller than the maximum FZROX drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FFGZX and FZROX.


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Drawdown Indicators


FFGZXFZROXDifference

Max Drawdown

Largest peak-to-trough decline

-14.94%

-34.96%

+20.02%

Max Drawdown (1Y)

Largest decline over 1 year

-3.33%

-12.44%

+9.11%

Max Drawdown (5Y)

Largest decline over 5 years

-14.94%

-25.12%

+10.18%

Max Drawdown (10Y)

Largest decline over 10 years

-14.94%

Current Drawdown

Current decline from peak

-3.09%

-8.89%

+5.80%

Average Drawdown

Average peak-to-trough decline

-2.29%

-5.61%

+3.32%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.79%

2.56%

-1.77%

Volatility

FFGZX vs. FZROX - Volatility Comparison

The current volatility for Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX) is 1.85%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 4.41%. This indicates that FFGZX experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FFGZXFZROXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.85%

4.41%

-2.56%

Volatility (6M)

Calculated over the trailing 6-month period

2.78%

9.34%

-6.56%

Volatility (1Y)

Calculated over the trailing 1-year period

4.35%

18.49%

-14.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.03%

17.40%

-12.37%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.39%

20.25%

-15.86%