FFLDX vs. FFNOX
Compare and contrast key facts about Fidelity Freedom Index 2055 Fund (FFLDX) and Fidelity Multi-Asset Index Fund (FFNOX).
FFLDX is managed by Fidelity. FFNOX is managed by Fidelity. It was launched on Jun 29, 1999.
Performance
FFLDX vs. FFNOX - Performance Comparison
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FFLDX vs. FFNOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFLDX Fidelity Freedom Index 2055 Fund | -1.57% | 21.48% | 14.18% | 19.93% | -17.32% | 15.93% | 16.52% | 26.02% | -7.16% | 20.57% |
FFNOX Fidelity Multi-Asset Index Fund | -1.30% | 20.18% | 13.05% | 19.29% | -18.02% | 17.05% | 16.30% | 25.09% | -6.58% | 17.09% |
Returns By Period
In the year-to-date period, FFLDX achieves a -1.57% return, which is significantly lower than FFNOX's -1.30% return. Over the past 10 years, FFLDX has outperformed FFNOX with an annualized return of 10.84%, while FFNOX has yielded a comparatively lower 10.18% annualized return.
FFLDX
- 1D
- 2.75%
- 1M
- -5.51%
- YTD
- -1.57%
- 6M
- 1.02%
- 1Y
- 19.23%
- 3Y*
- 15.25%
- 5Y*
- 8.31%
- 10Y*
- 10.84%
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%
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FFLDX vs. FFNOX - Expense Ratio Comparison
FFLDX has a 0.08% expense ratio, which is lower than FFNOX's 0.11% expense ratio. Despite the difference, 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
FFLDX vs. FFNOX — Risk / Return Rank
FFLDX
FFNOX
FFLDX vs. FFNOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2055 Fund (FFLDX) 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.
| FFLDX | FFNOX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.29 | 1.28 | +0.01 |
Sortino ratioReturn per unit of downside risk | 1.86 | 1.85 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.27 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.79 | +0.04 |
Martin ratioReturn relative to average drawdown | 8.30 | 8.08 | +0.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FFLDX | FFNOX | Difference | |
|---|---|---|---|
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 | 0.58 | 0.57 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.70 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.41 | +0.23 |
Correlation
The correlation between FFLDX 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
FFLDX vs. FFNOX - Dividend Comparison
FFLDX's dividend yield for the trailing twelve months is around 2.03%, less than FFNOX's 3.73% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFLDX Fidelity Freedom Index 2055 Fund | 2.03% | 2.00% | 2.02% | 1.96% | 3.04% | 1.99% | 1.91% | 10.83% | 2.39% | 1.97% | 2.42% | 2.32% |
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
FFLDX vs. FFNOX - Drawdown Comparison
The maximum FFLDX drawdown since its inception was -30.72%, smaller than the maximum FFNOX drawdown of -49.84%. Use the drawdown chart below to compare losses from any high point for FFLDX and FFNOX.
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Drawdown Indicators
| FFLDX | FFNOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.72% | -49.84% | +19.12% |
Max Drawdown (1Y)Largest decline over 1 year | -10.82% | -10.38% | -0.44% |
Max Drawdown (5Y)Largest decline over 5 years | -26.18% | -26.04% | -0.14% |
Max Drawdown (10Y)Largest decline over 10 years | -30.72% | -29.93% | -0.79% |
Current DrawdownCurrent decline from peak | -6.56% | -6.25% | -0.31% |
Average DrawdownAverage peak-to-trough decline | -4.62% | -8.75% | +4.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 2.30% | +0.08% |
Volatility
FFLDX vs. FFNOX - Volatility Comparison
Fidelity Freedom Index 2055 Fund (FFLDX) has a higher volatility of 5.92% compared to Fidelity Multi-Asset Index Fund (FFNOX) at 5.63%. This indicates that FFLDX's price experiences larger fluctuations and is considered to be riskier than FFNOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFLDX | FFNOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.92% | 5.63% | +0.29% |
Volatility (6M)Calculated over the trailing 6-month period | 9.19% | 8.70% | +0.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.41% | 14.66% | +0.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.35% | 13.69% | +0.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.11% | 14.52% | +0.59% |