FFLDX vs. PRMYX
FFLDX (Fidelity Freedom Index 2055 Fund) and PRMYX (Putnam RetirementReady Maturity Fund) are both Target Retirement Date funds. Over the past 10 years, FFLDX returned 11.53%/yr vs 3.20%/yr for PRMYX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. FFLDX charges 0.08%/yr vs 0.13%/yr for PRMYX.
Performance
FFLDX vs. PRMYX - Performance Comparison
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Returns By Period
In the year-to-date period, FFLDX achieves a 10.42% return, which is significantly higher than PRMYX's 2.30% return. Over the past 10 years, FFLDX has outperformed PRMYX with an annualized return of 11.53%, while PRMYX has yielded a comparatively lower 3.20% annualized return.
FFLDX
- 1D
- 2.00%
- 1M
- -0.50%
- 6M
- 7.34%
- YTD
- 10.42%
- 1Y
- 22.01%
- 3Y*
- 16.52%
- 5Y*
- 9.54%
- 10Y*
- 11.53%
- ALL TIME*
- 10.59%
PRMYX
- 1D
- 0.58%
- 1M
- -0.23%
- 6M
- 2.28%
- YTD
- 2.30%
- 1Y
- 6.12%
- 3Y*
- 7.35%
- 5Y*
- 4.08%
- 10Y*
- 3.20%
- ALL TIME*
- 3.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FFLDX vs. PRMYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFLDX Fidelity Freedom Index 2055 Fund | 10.42% | 21.48% | 14.18% | 19.93% | -17.32% | 15.93% | 16.52% | 26.02% | -7.16% | 20.57% |
PRMYX Putnam RetirementReady Maturity Fund | 2.30% | 8.38% | 6.31% | 9.82% | -4.22% | 0.02% | 1.29% | 8.54% | -5.19% | 5.10% |
Correlation
The correlation between FFLDX and PRMYX is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (3Y) Balances recent behavior with more history. | 0.86 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.82 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Jun 29, 2015 | 0.76 |
The correlation between FFLDX and PRMYX shifts across timeframes, from 0.75 (10 years) to 0.91 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FFLDX vs. PRMYX — Risk / Return Rank
FFLDX
PRMYX
FFLDX vs. PRMYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2055 Fund (FFLDX) and Putnam RetirementReady Maturity Fund (PRMYX). 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 | PRMYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.30 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.23 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 1.76 | +0.50 |
| Martin ratioReturn relative to average drawdown | 9.36 | 7.09 | +2.27 |
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Drawdowns
FFLDX vs. PRMYX - Drawdown Comparison
The maximum FFLDX drawdown since its inception was -30.72%, which is greater than PRMYX's maximum drawdown of -9.74%. Use the drawdown chart below to compare losses from any high point for FFLDX and PRMYX.
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Drawdown Indicators
| FFLDX | PRMYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.72% | -9.74% | -20.98% |
Max Drawdown (1Y)Largest decline over 1 year | -9.06% | -3.50% | -5.56% |
Max Drawdown (3Y)Largest decline over 3 years | -14.74% | -7.35% | -7.39% |
Max Drawdown (5Y)Largest decline over 5 years | -26.18% | -9.24% | -16.94% |
Max Drawdown (10Y)Largest decline over 10 years | -30.72% | -9.74% | -20.98% |
Current DrawdownCurrent decline from peak | -1.95% | -0.63% | -1.32% |
Average DrawdownAverage peak-to-trough decline | -4.53% | -1.68% | -2.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 0.87% | +1.31% |
Volatility
FFLDX vs. PRMYX - Volatility Comparison
Fidelity Freedom Index 2055 Fund (FFLDX) has a higher volatility of 3.85% compared to Putnam RetirementReady Maturity Fund (PRMYX) at 1.44%. This indicates that FFLDX's price experiences larger fluctuations and is considered to be riskier than PRMYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFLDX | PRMYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.85% | 1.44% | +2.41% |
Volatility (6M)Calculated over the trailing 6-month period | 10.97% | 3.88% | +7.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.00% | 4.83% | +8.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.63% | 5.26% | +9.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.17% | 4.50% | +10.67% |
FFLDX vs. PRMYX - Expense Ratio Comparison
FFLDX has a 0.08% expense ratio, which is lower than PRMYX's 0.13% 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%.
Dividends
FFLDX vs. PRMYX - Dividend Comparison
FFLDX's dividend yield for the trailing twelve months is around 1.74%, less than PRMYX's 3.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFLDX Fidelity Freedom Index 2055 Fund | 1.74% | 2.00% | 2.02% | 1.96% | 3.04% | 1.99% | 1.91% | 10.83% | 2.39% | 1.97% | 2.42% | 2.32% |
PRMYX Putnam RetirementReady Maturity Fund | 3.41% | 3.30% | 3.15% | 3.62% | 7.46% | 2.47% | 2.17% | 2.97% | 1.73% | 0.55% | 1.53% | 3.90% |
Frequently Asked Questions
With a correlation of 0.91, FFLDX and PRMYX 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.
FFLDX has higher volatility (3.85%) compared to PRMYX (1.44%). In terms of maximum drawdown, FFLDX dropped -30.72% vs PRMYX's -9.74%.
FFLDX currently has the higher Sharpe Ratio (1.57 vs 1.27), 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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