FFIJX vs. VTI

Last updated Aug 2, 2026

FFIJX (Fidelity Freedom Index 2065 Fund Investor Class) and VTI (Vanguard Total Stock Market ETF) are both funds - FFIJX is a Target Retirement Date fund actively managed by Fidelity, while VTI is a Large Cap Blend Equities fund tracking the CRSP US Total Market Index. FFIJX is actively managed, while VTI is passively managed. Over the past 5 years, FFIJX returned 9.28%/yr vs 11.74%/yr for VTI. Their 0.95 correlation means they have historically moved very closely together. FFIJX charges 0.12%/yr vs 0.03%/yr for VTI.

Performance

FFIJX vs. VTI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2065 Fund Investor Class (FFIJX) and Vanguard Total Stock Market ETF (VTI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FFIJX having a 10.42% return and VTI slightly higher at 10.49%.

FFIJX

• 1D: 2.01%
• 1M: -0.46%
• 6M: 7.35%
• YTD: 10.42%
• 1Y: 22.04%
• 3Y*: 16.50%
• 5Y*: 9.28%
• 10Y*: —
• ALL TIME*: 11.76%

VTI

• 1D: 0.53%
• 1M: -0.15%
• 6M: 8.77%
• YTD: 10.49%
• 1Y: 21.84%
• 3Y*: 18.92%
• 5Y*: 11.74%
• 10Y*: 14.63%
• ALL TIME*: 9.58%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FFIJX Fidelity Freedom Index 2065 Fund Investor Class	$0.00	$0.00	$0.00
VTI Vanguard Total Stock Market ETF	$1.06B	$1.16B	$1.24B

FFIJX vs. VTI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FFIJX Fidelity Freedom Index 2065 Fund Investor Class	10.42%	21.45%	14.09%	19.93%	-18.19%	15.88%	16.47%	8.56%
VTI Vanguard Total Stock Market ETF	10.49%	17.10%	23.81%	26.05%	-19.52%	25.68%	21.08%	10.88%

Correlation

The correlation between FFIJX and VTI is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.96
Correlation (3Y) Balances recent behavior with more history.	0.95
Correlation (5Y) Shows whether the relationship held over a longer period.	0.96
Correlation (All Time) Calculated using the full available price history since Jun 28, 2019	0.95

The correlation between FFIJX and VTI has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

FFIJX vs. VTI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FFIJX

FFIJX Risk / Return Rank: 71
FFIJX Sharpe Ratio Rank: 69
FFIJX Sortino Ratio Rank: 66
FFIJX Omega Ratio Rank: 67
FFIJX Calmar Ratio Rank: 71
FFIJX Martin Ratio Rank: 79

VTI

VTI Risk / Return Rank: 67
VTI Sharpe Ratio Rank: 67
VTI Sortino Ratio Rank: 64
VTI Omega Ratio Rank: 64
VTI Calmar Ratio Rank: 65
VTI Martin Ratio Rank: 77

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FFIJX vs. VTI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2065 Fund Investor Class (FFIJX) and Vanguard Total Stock Market ETF (VTI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FFIJX	VTI	Difference
Sharpe ratio: Return per unit of total volatility	1.57	1.52	+0.05
Sortino ratio: Return per unit of downside risk	2.21	2.12	+0.10
Omega ratio: Gain probability vs. loss probability	1.28	1.27	+0.01
Calmar ratio: Return relative to maximum drawdown	2.25	2.23	+0.01
Martin ratio: Return relative to average drawdown	9.32	9.62	-0.30

FFIJX vs. VTI - Sharpe Ratio Comparison

The current FFIJX Sharpe Ratio is 1.57, which is comparable to the VTI Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of FFIJX and VTI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FFIJX vs. VTI - Drawdown Comparison

The maximum FFIJX drawdown since its inception was -30.68%, smaller than the maximum VTI drawdown of -55.45%. Use the drawdown chart below to compare losses from any high point for FFIJX and VTI.

Drawdown Indicators

	FFIJX	VTI	Difference
Max Drawdown Largest peak-to-trough decline	-30.68%	-55.45%	+24.77%
Max Drawdown (1Y) Largest decline over 1 year	-9.08%	-8.92%	-0.16%
Max Drawdown (3Y) Largest decline over 3 years	-14.70%	-19.30%	+4.60%
Max Drawdown (5Y) Largest decline over 5 years	-26.21%	-25.36%	-0.85%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.00%	—
Current Drawdown Current decline from peak	-1.93%	-1.36%	-0.57%
Average Drawdown Average peak-to-trough decline	-5.39%	-7.99%	+2.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	2.07%	+0.12%

Volatility

FFIJX vs. VTI - Volatility Comparison

Fidelity Freedom Index 2065 Fund Investor Class (FFIJX) has a higher volatility of 3.85% compared to Vanguard Total Stock Market ETF (VTI) at 3.46%. This indicates that FFIJX's price experiences larger fluctuations and is considered to be riskier than VTI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFIJX	VTI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.85%	3.46%	+0.39%
Volatility (6M) Calculated over the trailing 6-month period	10.97%	10.24%	+0.73%
Volatility (1Y) Calculated over the trailing 1-year period	13.01%	13.10%	-0.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.59%	17.51%	-2.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.77%	18.30%	-1.53%

FFIJX vs. VTI - Expense Ratio Comparison

FFIJX has a 0.12% expense ratio, which is higher than VTI's 0.03% 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%.

Dividends

FFIJX vs. VTI - Dividend Comparison

FFIJX's dividend yield for the trailing twelve months is around 1.68%, more than VTI's 1.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFIJX Fidelity Freedom Index 2065 Fund Investor Class	1.68%	1.90%	1.88%	1.87%	1.96%	1.73%	1.78%	2.04%	0.00%	0.00%	0.00%	0.00%
VTI Vanguard Total Stock Market ETF	1.06%	1.12%	1.27%	1.44%	1.66%	1.21%	1.42%	1.78%	2.04%	1.71%	1.92%	1.98%

Frequently Asked Questions

Can I hold both FFIJX and VTI in my portfolio?

With a correlation of 0.96, FFIJX and VTI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FFIJX or VTI?

FFIJX has higher volatility (3.85%) compared to VTI (3.46%). In terms of maximum drawdown, FFIJX dropped -30.68% vs VTI's -55.45%.

Which has better risk-adjusted returns?

FFIJX currently has the higher Sharpe Ratio (1.57 vs 1.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.