FFLDX vs. SPY
Compare and contrast key facts about Fidelity Freedom Index 2055 Fund (FFLDX) and State Street SPDR S&P 500 ETF (SPY).
FFLDX is managed by Fidelity. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Performance
FFLDX vs. SPY - Performance Comparison
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FFLDX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFLDX Fidelity Freedom Index 2055 Fund | -4.20% | 21.48% | 14.18% | 19.93% | -17.32% | 15.93% | 16.52% | 26.02% | -7.16% | 20.57% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
The year-to-date returns for both stocks are quite close, with FFLDX having a -4.20% return and SPY slightly lower at -4.37%. Over the past 10 years, FFLDX has underperformed SPY with an annualized return of 10.54%, while SPY has yielded a comparatively higher 13.98% annualized return.
FFLDX
- 1D
- -0.20%
- 1M
- -8.59%
- YTD
- -4.20%
- 6M
- -1.30%
- 1Y
- 16.53%
- 3Y*
- 14.21%
- 5Y*
- 7.98%
- 10Y*
- 10.54%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
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FFLDX vs. SPY - Expense Ratio Comparison
FFLDX has a 0.08% expense ratio, which is lower than SPY's 0.09% 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. SPY — Risk / Return Rank
FFLDX
SPY
FFLDX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2055 Fund (FFLDX) and State Street SPDR S&P 500 ETF (SPY). 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 | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.09 | 0.93 | +0.17 |
Sortino ratioReturn per unit of downside risk | 1.60 | 1.45 | +0.14 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.22 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.37 | 1.53 | -0.15 |
Martin ratioReturn relative to average drawdown | 6.35 | 7.30 | -0.95 |
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 | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.09 | 0.93 | +0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.69 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.78 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.56 | +0.07 |
Correlation
The correlation between FFLDX and SPY is 0.95, 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. SPY - Dividend Comparison
FFLDX's dividend yield for the trailing twelve months is around 2.08%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFLDX Fidelity Freedom Index 2055 Fund | 2.08% | 2.00% | 2.02% | 1.96% | 3.04% | 1.99% | 1.91% | 10.83% | 2.39% | 1.97% | 2.42% | 2.32% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
FFLDX vs. SPY - Drawdown Comparison
The maximum FFLDX drawdown since its inception was -30.72%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FFLDX and SPY.
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Drawdown Indicators
| FFLDX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.72% | -55.19% | +24.47% |
Max Drawdown (1Y)Largest decline over 1 year | -10.82% | -12.05% | +1.23% |
Max Drawdown (5Y)Largest decline over 5 years | -26.18% | -24.50% | -1.68% |
Max Drawdown (10Y)Largest decline over 10 years | -30.72% | -33.72% | +3.00% |
Current DrawdownCurrent decline from peak | -9.06% | -6.24% | -2.82% |
Average DrawdownAverage peak-to-trough decline | -4.62% | -9.09% | +4.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.34% | 2.52% | -0.18% |
Volatility
FFLDX vs. SPY - Volatility Comparison
The current volatility for Fidelity Freedom Index 2055 Fund (FFLDX) is 5.03%, while State Street SPDR S&P 500 ETF (SPY) has a volatility of 5.31%. This indicates that FFLDX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFLDX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.03% | 5.31% | -0.28% |
Volatility (6M)Calculated over the trailing 6-month period | 8.79% | 9.47% | -0.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.21% | 19.05% | -3.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.30% | 17.06% | -2.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.09% | 17.92% | -2.83% |