FFIJX vs. VLXVX
Compare and contrast key facts about Fidelity Freedom Index 2065 Fund Investor Class (FFIJX) and Vanguard Target Retirement 2065 Fund (VLXVX).
FFIJX is managed by Fidelity. It was launched on Jun 28, 2019. VLXVX is managed by Vanguard. It was launched on Jul 12, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFIJX or VLXVX.
Key characteristics
| FFIJX | VLXVX | |
|---|---|---|
| YTD Return | 13.63% | 13.36% |
| 1Y Return | 22.07% | 21.92% |
| 3Y Return (Ann) | 4.75% | 5.12% |
| 5Y Return (Ann) | 10.01% | 10.33% |
| Sharpe Ratio | 1.95 | 1.91 |
| Daily Std Dev | 11.24% | 11.39% |
| Max Drawdown | -30.69% | -31.42% |
| Current Drawdown | -0.20% | -0.29% |
Correlation
The correlation between FFIJX and VLXVX is 0.98, 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.
Performance
FFIJX vs. VLXVX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FFIJX having a 13.63% return and VLXVX slightly lower at 13.36%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FFIJX vs. VLXVX - Expense Ratio Comparison
FFIJX has a 0.12% expense ratio, which is higher than VLXVX's 0.08% 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%.
Risk-Adjusted Performance
FFIJX vs. VLXVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2065 Fund Investor Class (FFIJX) and Vanguard Target Retirement 2065 Fund (VLXVX). 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.
Dividends
FFIJX vs. VLXVX - Dividend Comparison
FFIJX's dividend yield for the trailing twelve months is around 1.64%, less than VLXVX's 1.81% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FFIJX Fidelity Freedom Index 2065 Fund Investor Class | 1.64% | 1.87% | 1.96% | 1.73% | 1.78% | 2.04% | 0.00% | 0.00% |
VLXVX Vanguard Target Retirement 2065 Fund | 1.81% | 2.06% | 2.00% | 1.93% | 1.60% | 1.90% | 1.85% | 0.78% |
Drawdowns
FFIJX vs. VLXVX - Drawdown Comparison
The maximum FFIJX drawdown since its inception was -30.69%, roughly equal to the maximum VLXVX drawdown of -31.42%. Use the drawdown chart below to compare losses from any high point for FFIJX and VLXVX. For additional features, visit the drawdowns tool.
Volatility
FFIJX vs. VLXVX - Volatility Comparison
Fidelity Freedom Index 2065 Fund Investor Class (FFIJX) and Vanguard Target Retirement 2065 Fund (VLXVX) have volatilities of 3.52% and 3.61%, 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.