FFLEX vs. CNWIX
Compare and contrast key facts about Fidelity Freedom Index 2060 Fund Institutional Premium Class (FFLEX) and Calamos Evolving World Growth Fund Class I (CNWIX).
FFLEX is managed by Fidelity. It was launched on Aug 5, 2014. CNWIX is managed by Calamos.
Performance
FFLEX vs. CNWIX - Performance Comparison
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FFLEX vs. CNWIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFLEX Fidelity Freedom Index 2060 Fund Institutional Premium Class | -1.62% | 21.47% | 14.20% | 19.97% | -18.19% | 15.98% | 16.46% | 26.17% | -7.21% | 20.63% |
CNWIX Calamos Evolving World Growth Fund Class I | 7.40% | 19.29% | 14.99% | 6.60% | -24.35% | -4.70% | 54.23% | 20.76% | -17.74% | 36.97% |
Returns By Period
In the year-to-date period, FFLEX achieves a -1.62% return, which is significantly lower than CNWIX's 7.40% return. Over the past 10 years, FFLEX has outperformed CNWIX with an annualized return of 10.73%, while CNWIX has yielded a comparatively lower 8.63% annualized return.
FFLEX
- 1D
- 2.71%
- 1M
- -5.56%
- YTD
- -1.62%
- 6M
- 0.99%
- 1Y
- 19.17%
- 3Y*
- 15.24%
- 5Y*
- 8.08%
- 10Y*
- 10.73%
CNWIX
- 1D
- 2.49%
- 1M
- -13.56%
- YTD
- 7.40%
- 6M
- 5.59%
- 1Y
- 30.77%
- 3Y*
- 14.38%
- 5Y*
- 2.25%
- 10Y*
- 8.63%
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FFLEX vs. CNWIX - Expense Ratio Comparison
FFLEX has a 0.08% expense ratio, which is lower than CNWIX's 1.05% expense ratio.
Return for Risk
FFLEX vs. CNWIX — Risk / Return Rank
FFLEX
CNWIX
FFLEX vs. CNWIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2060 Fund Institutional Premium Class (FFLEX) and Calamos Evolving World Growth Fund Class I (CNWIX). 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.
| FFLEX | CNWIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.29 | 1.53 | -0.24 |
Sortino ratioReturn per unit of downside risk | 1.86 | 1.96 | -0.10 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.29 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 1.87 | -0.05 |
Martin ratioReturn relative to average drawdown | 8.26 | 7.15 | +1.11 |
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
| FFLEX | CNWIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 1.53 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.13 | +0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.36 | +0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.27 | +0.37 |
Correlation
The correlation between FFLEX and CNWIX is 0.77, 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
FFLEX vs. CNWIX - Dividend Comparison
FFLEX's dividend yield for the trailing twelve months is around 2.01%, more than CNWIX's 0.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFLEX Fidelity Freedom Index 2060 Fund Institutional Premium Class | 2.01% | 1.98% | 1.98% | 1.94% | 2.03% | 1.95% | 1.85% | 6.75% | 2.36% | 2.16% | 2.44% | 1.82% |
CNWIX Calamos Evolving World Growth Fund Class I | 0.06% | 0.06% | 0.00% | 0.54% | 0.97% | 2.79% | 2.01% | 1.04% | 0.00% | 0.42% | 0.00% | 0.38% |
Drawdowns
FFLEX vs. CNWIX - Drawdown Comparison
The maximum FFLEX drawdown since its inception was -30.71%, smaller than the maximum CNWIX drawdown of -43.57%. Use the drawdown chart below to compare losses from any high point for FFLEX and CNWIX.
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Drawdown Indicators
| FFLEX | CNWIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.71% | -43.57% | +12.86% |
Max Drawdown (1Y)Largest decline over 1 year | -10.79% | -16.28% | +5.49% |
Max Drawdown (5Y)Largest decline over 5 years | -26.17% | -37.47% | +11.30% |
Max Drawdown (10Y)Largest decline over 10 years | -30.71% | -43.57% | +12.86% |
Current DrawdownCurrent decline from peak | -6.60% | -14.20% | +7.60% |
Average DrawdownAverage peak-to-trough decline | -4.73% | -16.56% | +11.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 4.26% | -1.88% |
Volatility
FFLEX vs. CNWIX - Volatility Comparison
The current volatility for Fidelity Freedom Index 2060 Fund Institutional Premium Class (FFLEX) is 5.85%, while Calamos Evolving World Growth Fund Class I (CNWIX) has a volatility of 11.15%. This indicates that FFLEX experiences smaller price fluctuations and is considered to be less risky than CNWIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFLEX | CNWIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.85% | 11.15% | -5.30% |
Volatility (6M)Calculated over the trailing 6-month period | 9.14% | 17.00% | -7.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.38% | 20.27% | -4.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.32% | 17.56% | -3.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.11% | 24.08% | -8.97% |