FFLDX vs. FNSDX
Compare and contrast key facts about Fidelity Freedom Index 2055 Fund (FFLDX) and Fidelity Freedom 2055 Fund Class K (FNSDX).
FFLDX is managed by Fidelity. FNSDX is managed by Fidelity. It was launched on Jul 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFLDX or FNSDX.
Key characteristics
| FFLDX | FNSDX | |
|---|---|---|
| YTD Return | 15.93% | 16.27% |
| 1Y Return | 24.16% | 24.69% |
| 3Y Return (Ann) | 4.55% | -0.54% |
| 5Y Return (Ann) | 9.97% | 5.59% |
| Sharpe Ratio | 2.54 | 2.40 |
| Sortino Ratio | 3.58 | 3.33 |
| Omega Ratio | 1.47 | 1.44 |
| Calmar Ratio | 3.29 | 1.29 |
| Martin Ratio | 16.72 | 15.41 |
| Ulcer Index | 1.62% | 1.78% |
| Daily Std Dev | 10.64% | 11.46% |
| Max Drawdown | -30.72% | -35.11% |
| Current Drawdown | -1.29% | -1.78% |
Correlation
The correlation between FFLDX and FNSDX 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. FNSDX - Performance Comparison
The year-to-date returns for both investments are quite close, with FFLDX having a 15.93% return and FNSDX slightly higher at 16.27%. 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. FNSDX - Expense Ratio Comparison
FFLDX has a 0.08% expense ratio, which is lower than FNSDX's 0.65% expense ratio.
Risk-Adjusted Performance
FFLDX vs. FNSDX - 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 Class K (FNSDX). 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. FNSDX - Dividend Comparison
FFLDX's dividend yield for the trailing twelve months is around 1.72%, more than FNSDX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
FNSDX Fidelity Freedom 2055 Fund Class K | 1.21% | 1.41% | 2.16% | 2.31% | 1.07% | 1.54% | 1.69% | 1.25% | 0.00% | 0.00% |
Drawdowns
FFLDX vs. FNSDX - Drawdown Comparison
The maximum FFLDX drawdown since its inception was -30.72%, smaller than the maximum FNSDX drawdown of -35.11%. Use the drawdown chart below to compare losses from any high point for FFLDX and FNSDX. For additional features, visit the drawdowns tool.
Volatility
FFLDX vs. FNSDX - Volatility Comparison
The current volatility for Fidelity Freedom Index 2055 Fund (FFLDX) is 2.89%, while Fidelity Freedom 2055 Fund Class K (FNSDX) has a volatility of 3.10%. This indicates that FFLDX experiences smaller price fluctuations and is considered to be less risky than FNSDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.