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FFIJX vs. FFNOX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FFIJX vs. FFNOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2065 Fund Investor Class (FFIJX) and Fidelity Multi-Asset Index Fund (FFNOX). The values are adjusted to include any dividend payments, if applicable.

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FFIJX vs. FFNOX - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
FFIJX
Fidelity Freedom Index 2065 Fund Investor Class
-1.60%21.45%14.09%19.93%-18.19%15.88%16.47%8.56%
FFNOX
Fidelity Multi-Asset Index Fund
-1.30%20.18%13.05%19.29%-18.02%17.05%16.30%8.14%

Returns By Period

In the year-to-date period, FFIJX achieves a -1.60% return, which is significantly lower than FFNOX's -1.30% return.


FFIJX

1D
2.75%
1M
-5.50%
YTD
-1.60%
6M
1.02%
1Y
19.17%
3Y*
15.21%
5Y*
8.05%
10Y*

FFNOX

1D
2.57%
1M
-5.24%
YTD
-1.30%
6M
0.93%
1Y
18.17%
3Y*
14.42%
5Y*
7.82%
10Y*
10.18%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FFIJX vs. FFNOX - Expense Ratio Comparison

FFIJX has a 0.12% expense ratio, which is higher than FFNOX's 0.11% 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

FFIJX vs. FFNOX — Risk / Return Rank

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

FFIJX
FFIJX Risk / Return Rank: 7575
Overall Rank
FFIJX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
FFIJX Sortino Ratio Rank: 7373
Sortino Ratio Rank
FFIJX Omega Ratio Rank: 7171
Omega Ratio Rank
FFIJX Calmar Ratio Rank: 7676
Calmar Ratio Rank
FFIJX Martin Ratio Rank: 8282
Martin Ratio Rank

FFNOX
FFNOX Risk / Return Rank: 7474
Overall Rank
FFNOX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
FFNOX Sortino Ratio Rank: 7373
Sortino Ratio Rank
FFNOX Omega Ratio Rank: 7171
Omega Ratio Rank
FFNOX Calmar Ratio Rank: 7474
Calmar Ratio Rank
FFNOX Martin Ratio Rank: 8181
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.

FFIJX vs. FFNOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2065 Fund Investor Class (FFIJX) and Fidelity Multi-Asset Index Fund (FFNOX). 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.


FFIJXFFNOXDifference

Sharpe ratio

Return per unit of total volatility

1.29

1.28

+0.01

Sortino ratio

Return per unit of downside risk

1.86

1.85

+0.01

Omega ratio

Gain probability vs. loss probability

1.28

1.27

0.00

Calmar ratio

Return relative to maximum drawdown

1.83

1.79

+0.04

Martin ratio

Return relative to average drawdown

8.26

8.08

+0.18

FFIJX vs. FFNOX - Sharpe Ratio Comparison

The current FFIJX Sharpe Ratio is 1.29, which is comparable to the FFNOX Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of FFIJX and FFNOX, 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


FFIJXFFNOXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.29

1.28

+0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.57

0.57

-0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.70

Sharpe Ratio (All Time)

Calculated using the full available price history

0.62

0.41

+0.21

Correlation

The correlation between FFIJX and FFNOX is 0.99, 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

FFIJX vs. FFNOX - Dividend Comparison

FFIJX's dividend yield for the trailing twelve months is around 1.93%, less than FFNOX's 3.73% yield.


TTM20252024202320222021202020192018201720162015
FFIJX
Fidelity Freedom Index 2065 Fund Investor Class
1.93%1.90%1.88%1.87%1.96%1.73%1.78%2.04%0.00%0.00%0.00%0.00%
FFNOX
Fidelity Multi-Asset Index Fund
3.73%3.68%6.43%3.18%7.14%5.71%2.87%2.96%2.90%0.64%2.50%0.70%

Drawdowns

FFIJX vs. FFNOX - Drawdown Comparison

The maximum FFIJX drawdown since its inception was -30.68%, smaller than the maximum FFNOX drawdown of -49.84%. Use the drawdown chart below to compare losses from any high point for FFIJX and FFNOX.


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Drawdown Indicators


FFIJXFFNOXDifference

Max Drawdown

Largest peak-to-trough decline

-30.68%

-49.84%

+19.16%

Max Drawdown (1Y)

Largest decline over 1 year

-10.77%

-10.38%

-0.39%

Max Drawdown (5Y)

Largest decline over 5 years

-26.21%

-26.04%

-0.17%

Max Drawdown (10Y)

Largest decline over 10 years

-29.93%

Current Drawdown

Current decline from peak

-6.58%

-6.25%

-0.33%

Average Drawdown

Average peak-to-trough decline

-5.59%

-8.75%

+3.16%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.38%

2.30%

+0.08%

Volatility

FFIJX vs. FFNOX - Volatility Comparison

Fidelity Freedom Index 2065 Fund Investor Class (FFIJX) and Fidelity Multi-Asset Index Fund (FFNOX) have volatilities of 5.91% and 5.63%, 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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Volatility by Period


FFIJXFFNOXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.91%

5.63%

+0.28%

Volatility (6M)

Calculated over the trailing 6-month period

9.21%

8.70%

+0.51%

Volatility (1Y)

Calculated over the trailing 1-year period

15.42%

14.66%

+0.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.31%

13.69%

+0.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.86%

14.52%

+2.34%