FFLDX vs. FNSDX
FFLDX (Fidelity Freedom Index 2055 Fund) and FNSDX (Fidelity Freedom 2055 Fund Class K) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FFLDX returned 10.41%/yr vs 11.03%/yr for FNSDX. With a 0.99 correlation, they move nearly in lockstep. FFLDX charges 0.08%/yr vs 0.65%/yr for FNSDX.
Performance
FFLDX vs. FNSDX - Performance Comparison
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Returns By Period
In the year-to-date period, FFLDX achieves a 12.07% return, which is significantly lower than FNSDX's 14.91% return.
FFLDX
- 1D
- 1.21%
- 1M
- 1.93%
- YTD
- 12.07%
- 6M
- 11.96%
- 1Y
- 28.04%
- 3Y*
- 18.26%
- 5Y*
- 10.41%
- 10Y*
- 12.10%
FNSDX
- 1D
- 1.46%
- 1M
- 3.32%
- YTD
- 14.91%
- 6M
- 14.94%
- 1Y
- 32.40%
- 3Y*
- 20.10%
- 5Y*
- 11.03%
- 10Y*
- —
FFLDX vs. FNSDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFLDX Fidelity Freedom Index 2055 Fund | 12.07% | 21.48% | 14.18% | 19.93% | -17.32% | 15.93% | 16.52% | 26.02% | -7.16% | 7.79% |
FNSDX Fidelity Freedom 2055 Fund Class K | 14.91% | 23.81% | 14.18% | 20.65% | -18.23% | 16.65% | 18.34% | 25.58% | -8.85% | 7.42% |
Correlation
The correlation between FFLDX and FNSDX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2017 | 0.99 |
The correlation between FFLDX and FNSDX has been stable across timeframes, ranging from 0.99 to 0.99 - a consistent structural relationship.
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Return for Risk
FFLDX vs. FNSDX — Risk / Return Rank
FFLDX
FNSDX
FFLDX vs. FNSDX - Risk-Adjusted Trends 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.
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.
| FFLDX | FNSDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.44 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.06 | 3.31 | -0.25 |
| Martin ratioReturn relative to average drawdown | 13.22 | 14.43 | -1.21 |
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Drawdowns
FFLDX vs. FNSDX - Drawdown Comparison
The maximum FFLDX drawdown since its inception was -30.72%, roughly equal to the maximum FNSDX drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for FFLDX and FNSDX.
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Drawdown Indicators
| FFLDX | FNSDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.72% | -30.95% | +0.23% |
Max Drawdown (1Y)Largest decline over 1 year | -9.06% | -9.76% | +0.70% |
Max Drawdown (3Y)Largest decline over 3 years | -14.74% | -15.44% | +0.70% |
Max Drawdown (5Y)Largest decline over 5 years | -26.18% | -27.31% | +1.13% |
Max Drawdown (10Y)Largest decline over 10 years | -30.72% | — | — |
Current DrawdownCurrent decline from peak | -0.49% | 0.00% | -0.49% |
Average DrawdownAverage peak-to-trough decline | -4.55% | -5.59% | +1.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 2.23% | -0.14% |
Volatility
FFLDX vs. FNSDX - Volatility Comparison
The current volatility for Fidelity Freedom Index 2055 Fund (FFLDX) is 5.18%, while Fidelity Freedom 2055 Fund Class K (FNSDX) has a volatility of 5.84%. 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.
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Volatility by Period
| FFLDX | FNSDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.18% | 5.84% | -0.66% |
Volatility (6M)Calculated over the trailing 6-month period | 10.49% | 11.73% | -1.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.49% | 13.75% | -1.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.56% | 15.20% | -0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.22% | 16.03% | -0.81% |
FFLDX vs. FNSDX - Expense Ratio Comparison
FFLDX has a 0.08% expense ratio, which is lower than FNSDX's 0.65% expense ratio.
Dividends
FFLDX vs. FNSDX - Dividend Comparison
FFLDX's dividend yield for the trailing twelve months is around 1.71%, less than FNSDX's 4.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFLDX Fidelity Freedom Index 2055 Fund | 1.71% | 2.00% | 2.02% | 1.96% | 3.04% | 1.99% | 1.91% | 10.83% | 2.39% | 1.97% | 2.42% | 2.32% |
FNSDX Fidelity Freedom 2055 Fund Class K | 4.93% | 3.87% | 2.13% | 2.07% | 11.45% | 11.27% | 4.26% | 6.31% | 6.79% | 2.72% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.99, FFLDX and FNSDX 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.
FNSDX has higher volatility (5.84%) compared to FFLDX (5.18%). In terms of maximum drawdown, FFLDX dropped -30.72% vs FNSDX's -30.95%.
FNSDX currently has the higher Sharpe Ratio (2.35 vs 2.22), 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.
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