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

Correlation

The correlation between FFLEX and VOO 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.


-0.50.00.51.01.0

Performance

FFLEX vs. VOO - 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 Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%JulyAugustSeptemberOctoberNovemberDecember
121.76%
234.19%
FFLEX
VOO

Key characteristics

Sharpe Ratio

FFLEX:

1.57

VOO:

2.25

Sortino Ratio

FFLEX:

2.16

VOO:

2.98

Omega Ratio

FFLEX:

1.29

VOO:

1.42

Calmar Ratio

FFLEX:

2.44

VOO:

3.31

Martin Ratio

FFLEX:

9.81

VOO:

14.77

Ulcer Index

FFLEX:

1.72%

VOO:

1.90%

Daily Std Dev

FFLEX:

10.78%

VOO:

12.46%

Max Drawdown

FFLEX:

-30.71%

VOO:

-33.99%

Current Drawdown

FFLEX:

-3.49%

VOO:

-2.47%

Returns By Period

In the year-to-date period, FFLEX achieves a 14.71% return, which is significantly lower than VOO's 26.02% return.


FFLEX

YTD

14.71%

1M

-0.54%

6M

5.22%

1Y

15.62%

5Y*

8.83%

10Y*

N/A

VOO

YTD

26.02%

1M

-0.11%

6M

9.35%

1Y

26.45%

5Y*

14.79%

10Y*

13.08%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FFLEX vs. VOO - Expense Ratio Comparison

FFLEX has a 0.08% expense ratio, which is higher than VOO's 0.03% 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%.


FFLEX
Fidelity Freedom Index 2060 Fund Institutional Premium Class
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 VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

FFLEX vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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.


Sharpe ratio
The chart of Sharpe ratio for FFLEX, currently valued at 1.57, compared to the broader market-1.000.001.002.003.004.001.572.25
The chart of Sortino ratio for FFLEX, currently valued at 2.16, compared to the broader market-2.000.002.004.006.008.0010.002.162.98
The chart of Omega ratio for FFLEX, currently valued at 1.29, compared to the broader market0.501.001.502.002.503.003.501.291.42
The chart of Calmar ratio for FFLEX, currently valued at 2.44, compared to the broader market0.002.004.006.008.0010.0012.0014.002.443.31
The chart of Martin ratio for FFLEX, currently valued at 9.81, compared to the broader market0.0020.0040.0060.009.8114.77
FFLEX
VOO

The current FFLEX Sharpe Ratio is 1.57, which is lower than the VOO Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of FFLEX and VOO, 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.57
2.25
FFLEX
VOO

Dividends

FFLEX vs. VOO - Dividend Comparison

FFLEX's dividend yield for the trailing twelve months is around 1.72%, more than VOO's 0.91% yield.


TTM20232022202120202019201820172016201520142013
FFLEX
Fidelity Freedom Index 2060 Fund Institutional Premium Class
1.72%1.94%1.96%1.59%1.37%1.60%2.15%1.69%2.14%1.79%0.00%0.00%
VOO
Vanguard S&P 500 ETF
0.91%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

Drawdowns

FFLEX vs. VOO - Drawdown Comparison

The maximum FFLEX drawdown since its inception was -30.71%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FFLEX and VOO. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.49%
-2.47%
FFLEX
VOO

Volatility

FFLEX vs. VOO - Volatility Comparison

The current volatility for Fidelity Freedom Index 2060 Fund Institutional Premium Class (FFLEX) is 3.25%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.75%. This indicates that FFLEX experiences smaller price fluctuations and is considered to be less risky than VOO 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%JulyAugustSeptemberOctoberNovemberDecember
3.25%
3.75%
FFLEX
VOO
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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