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FFLEX vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FFLEX and FXAIX is 0.96, 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.


-0.50.00.51.01.0

Performance

FFLEX vs. FXAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2060 Fund Institutional Premium Class (FFLEX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%10.00%SeptemberOctoberNovemberDecember2025February
3.86%
7.05%
FFLEX
FXAIX

Key characteristics

Sharpe Ratio

FFLEX:

1.44

FXAIX:

1.69

Sortino Ratio

FFLEX:

2.00

FXAIX:

2.29

Omega Ratio

FFLEX:

1.26

FXAIX:

1.31

Calmar Ratio

FFLEX:

2.26

FXAIX:

2.57

Martin Ratio

FFLEX:

8.12

FXAIX:

10.61

Ulcer Index

FFLEX:

1.93%

FXAIX:

2.05%

Daily Std Dev

FFLEX:

10.83%

FXAIX:

12.76%

Max Drawdown

FFLEX:

-32.22%

FXAIX:

-33.79%

Current Drawdown

FFLEX:

-1.83%

FXAIX:

-2.60%

Returns By Period

In the year-to-date period, FFLEX achieves a 3.42% return, which is significantly higher than FXAIX's 1.91% return.


FFLEX

YTD

3.42%

1M

-0.11%

6M

4.03%

1Y

13.82%

5Y*

10.02%

10Y*

N/A

FXAIX

YTD

1.91%

1M

-1.82%

6M

7.23%

1Y

19.17%

5Y*

15.79%

10Y*

12.87%

*Annualized

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FFLEX vs. FXAIX - Expense Ratio Comparison

FFLEX has a 0.08% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Expense ratio chart for FFLEX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%
Expense ratio chart for FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

FFLEX vs. FXAIX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FFLEX
The Risk-Adjusted Performance Rank of FFLEX is 7979
Overall Rank
The Sharpe Ratio Rank of FFLEX is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of FFLEX is 7575
Sortino Ratio Rank
The Omega Ratio Rank of FFLEX is 7474
Omega Ratio Rank
The Calmar Ratio Rank of FFLEX is 8787
Calmar Ratio Rank
The Martin Ratio Rank of FFLEX is 8383
Martin Ratio Rank

FXAIX
The Risk-Adjusted Performance Rank of FXAIX is 8585
Overall Rank
The Sharpe Ratio Rank of FXAIX is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of FXAIX is 8181
Sortino Ratio Rank
The Omega Ratio Rank of FXAIX is 8282
Omega Ratio Rank
The Calmar Ratio Rank of FXAIX is 8989
Calmar Ratio Rank
The Martin Ratio Rank of FXAIX is 8989
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FFLEX vs. FXAIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2060 Fund Institutional Premium Class (FFLEX) and Fidelity 500 Index Fund (FXAIX). 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.


The chart of Sharpe ratio for FFLEX, currently valued at 1.44, compared to the broader market-1.000.001.002.003.004.001.441.69
The chart of Sortino ratio for FFLEX, currently valued at 2.00, compared to the broader market0.002.004.006.008.0010.0012.002.002.29
The chart of Omega ratio for FFLEX, currently valued at 1.26, compared to the broader market1.002.003.004.001.261.31
The chart of Calmar ratio for FFLEX, currently valued at 2.26, compared to the broader market0.005.0010.0015.0020.002.262.57
The chart of Martin ratio for FFLEX, currently valued at 8.12, compared to the broader market0.0020.0040.0060.0080.008.1210.61
FFLEX
FXAIX

The current FFLEX Sharpe Ratio is 1.44, which is comparable to the FXAIX Sharpe Ratio of 1.69. The chart below compares the historical Sharpe Ratios of FFLEX and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50SeptemberOctoberNovemberDecember2025February
1.44
1.69
FFLEX
FXAIX

Dividends

FFLEX vs. FXAIX - Dividend Comparison

FFLEX's dividend yield for the trailing twelve months is around 1.92%, more than FXAIX's 1.22% yield.


TTM20242023202220212020201920182017201620152014
FFLEX
Fidelity Freedom Index 2060 Fund Institutional Premium Class
1.92%1.98%1.94%1.96%1.59%1.37%1.60%2.15%1.69%2.14%1.79%0.00%
FXAIX
Fidelity 500 Index Fund
1.22%1.25%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%

Drawdowns

FFLEX vs. FXAIX - Drawdown Comparison

The maximum FFLEX drawdown since its inception was -32.22%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FFLEX and FXAIX. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%SeptemberOctoberNovemberDecember2025February
-1.83%
-2.60%
FFLEX
FXAIX

Volatility

FFLEX vs. FXAIX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2060 Fund Institutional Premium Class (FFLEX) is 2.83%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.40%. This indicates that FFLEX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%SeptemberOctoberNovemberDecember2025February
2.83%
3.40%
FFLEX
FXAIX