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FFIZX vs. FIIIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FFIZX vs. FIIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2040 Fund Institutional Premium Class (FFIZX) and Fidelity Advisor International Growth Fund Class I (FIIIX). The values are adjusted to include any dividend payments, if applicable.

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FFIZX vs. FIIIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FFIZX
Fidelity Freedom Index 2040 Fund Institutional Premium Class
-3.61%19.93%13.37%19.44%-18.15%15.97%16.51%26.01%-7.20%20.57%
FIIIX
Fidelity Advisor International Growth Fund Class I
-5.87%17.90%4.86%20.87%-23.21%15.45%16.95%34.01%-11.52%28.79%

Returns By Period

In the year-to-date period, FFIZX achieves a -3.61% return, which is significantly higher than FIIIX's -5.87% return. Over the past 10 years, FFIZX has outperformed FIIIX with an annualized return of 10.23%, while FIIIX has yielded a comparatively lower 8.28% annualized return.


FFIZX

1D
-0.07%
1M
-7.74%
YTD
-3.61%
6M
-0.91%
1Y
15.56%
3Y*
13.57%
5Y*
7.38%
10Y*
10.23%

FIIIX

1D
-0.47%
1M
-13.47%
YTD
-5.87%
6M
-5.59%
1Y
8.90%
3Y*
8.41%
5Y*
4.41%
10Y*
8.28%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FFIZX vs. FIIIX - Expense Ratio Comparison

FFIZX has a 0.08% expense ratio, which is lower than FIIIX's 1.00% expense ratio.


Return for Risk

FFIZX vs. FIIIX — Risk / Return Rank

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

FFIZX
FFIZX Risk / Return Rank: 6666
Overall Rank
FFIZX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
FFIZX Sortino Ratio Rank: 6767
Sortino Ratio Rank
FFIZX Omega Ratio Rank: 6767
Omega Ratio Rank
FFIZX Calmar Ratio Rank: 6262
Calmar Ratio Rank
FFIZX Martin Ratio Rank: 7070
Martin Ratio Rank

FIIIX
FIIIX Risk / Return Rank: 1717
Overall Rank
FIIIX Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
FIIIX Sortino Ratio Rank: 1717
Sortino Ratio Rank
FIIIX Omega Ratio Rank: 1616
Omega Ratio Rank
FIIIX Calmar Ratio Rank: 1717
Calmar Ratio Rank
FIIIX Martin Ratio Rank: 1919
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.

FFIZX vs. FIIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2040 Fund Institutional Premium Class (FFIZX) and Fidelity Advisor International Growth Fund Class I (FIIIX). 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.


FFIZXFIIIXDifference

Sharpe ratio

Return per unit of total volatility

1.14

0.44

+0.70

Sortino ratio

Return per unit of downside risk

1.65

0.74

+0.92

Omega ratio

Gain probability vs. loss probability

1.25

1.10

+0.15

Calmar ratio

Return relative to maximum drawdown

1.42

0.50

+0.92

Martin ratio

Return relative to average drawdown

6.61

1.99

+4.62

FFIZX vs. FIIIX - Sharpe Ratio Comparison

The current FFIZX Sharpe Ratio is 1.14, which is higher than the FIIIX Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of FFIZX and FIIIX, 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


FFIZXFIIIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.14

0.44

+0.70

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.54

0.25

+0.29

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.69

0.47

+0.22

Sharpe Ratio (All Time)

Calculated using the full available price history

0.62

0.27

+0.35

Correlation

The correlation between FFIZX and FIIIX is 0.90, 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

FFIZX vs. FIIIX - Dividend Comparison

FFIZX's dividend yield for the trailing twelve months is around 2.47%, less than FIIIX's 3.66% yield.


TTM20252024202320222021202020192018201720162015
FFIZX
Fidelity Freedom Index 2040 Fund Institutional Premium Class
2.47%2.38%2.23%2.00%2.13%2.08%2.02%18.32%2.26%1.86%2.04%2.04%
FIIIX
Fidelity Advisor International Growth Fund Class I
3.66%3.44%0.78%0.47%1.65%1.93%0.12%1.00%0.91%0.12%1.28%0.77%

Drawdowns

FFIZX vs. FIIIX - Drawdown Comparison

The maximum FFIZX drawdown since its inception was -30.69%, smaller than the maximum FIIIX drawdown of -55.97%. Use the drawdown chart below to compare losses from any high point for FFIZX and FIIIX.


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Drawdown Indicators


FFIZXFIIIXDifference

Max Drawdown

Largest peak-to-trough decline

-30.69%

-55.97%

+25.28%

Max Drawdown (1Y)

Largest decline over 1 year

-9.98%

-13.99%

+4.01%

Max Drawdown (5Y)

Largest decline over 5 years

-26.07%

-34.95%

+8.88%

Max Drawdown (10Y)

Largest decline over 10 years

-30.69%

-34.95%

+4.26%

Current Drawdown

Current decline from peak

-8.10%

-13.99%

+5.89%

Average Drawdown

Average peak-to-trough decline

-4.72%

-10.49%

+5.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.14%

3.52%

-1.38%

Volatility

FFIZX vs. FIIIX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2040 Fund Institutional Premium Class (FFIZX) is 4.49%, while Fidelity Advisor International Growth Fund Class I (FIIIX) has a volatility of 7.99%. This indicates that FFIZX experiences smaller price fluctuations and is considered to be less risky than FIIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FFIZXFIIIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.49%

7.99%

-3.50%

Volatility (6M)

Calculated over the trailing 6-month period

7.81%

12.66%

-4.85%

Volatility (1Y)

Calculated over the trailing 1-year period

13.76%

18.96%

-5.20%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.72%

17.55%

-3.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.83%

17.52%

-2.69%