FFLDX vs. FDEEX
Compare and contrast key facts about Fidelity Freedom Index 2055 Fund (FFLDX) and Fidelity Freedom 2055 Fund (FDEEX).
FFLDX is managed by Fidelity. FDEEX is managed by Fidelity. It was launched on Jun 1, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFLDX or FDEEX.
Key characteristics
| FFLDX | FDEEX | |
|---|---|---|
| YTD Return | 15.93% | 16.11% |
| 1Y Return | 24.16% | 24.51% |
| 3Y Return (Ann) | 4.55% | -0.63% |
| 5Y Return (Ann) | 9.97% | 5.48% |
| Sharpe Ratio | 2.54 | 2.37 |
| Sortino Ratio | 3.58 | 3.30 |
| Omega Ratio | 1.47 | 1.43 |
| Calmar Ratio | 3.29 | 1.28 |
| Martin Ratio | 16.72 | 15.31 |
| Ulcer Index | 1.62% | 1.79% |
| Daily Std Dev | 10.64% | 11.57% |
| Max Drawdown | -30.72% | -35.11% |
| Current Drawdown | -1.29% | -2.04% |
Correlation
The correlation between FFLDX and FDEEX is 0.97, 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
FFLDX vs. FDEEX - Performance Comparison
The year-to-date returns for both investments are quite close, with FFLDX having a 15.93% return and FDEEX slightly higher at 16.11%. 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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FFLDX vs. FDEEX - Expense Ratio Comparison
FFLDX has a 0.08% expense ratio, which is lower than FDEEX's 0.75% expense ratio.
Risk-Adjusted Performance
FFLDX vs. FDEEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2055 Fund (FFLDX) and Fidelity Freedom 2055 Fund (FDEEX). 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
FFLDX vs. FDEEX - Dividend Comparison
FFLDX's dividend yield for the trailing twelve months is around 1.72%, more than FDEEX's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFLDX Fidelity Freedom Index 2055 Fund | 1.72% | 1.96% | 1.98% | 1.61% | 1.39% | 1.71% | 2.20% | 1.73% | 2.26% | 2.30% | 0.00% | 0.00% |
FDEEX Fidelity Freedom 2055 Fund | 1.08% | 1.25% | 2.11% | 2.24% | 1.01% | 1.48% | 1.58% | 1.10% | 1.38% | 3.59% | 6.52% | 5.45% |
Drawdowns
FFLDX vs. FDEEX - Drawdown Comparison
The maximum FFLDX drawdown since its inception was -30.72%, smaller than the maximum FDEEX drawdown of -35.11%. Use the drawdown chart below to compare losses from any high point for FFLDX and FDEEX. For additional features, visit the drawdowns tool.
Volatility
FFLDX vs. FDEEX - Volatility Comparison
The current volatility for Fidelity Freedom Index 2055 Fund (FFLDX) is 2.89%, while Fidelity Freedom 2055 Fund (FDEEX) has a volatility of 3.13%. This indicates that FFLDX experiences smaller price fluctuations and is considered to be less risky than FDEEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.