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FFOLX vs. FIAFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FFOLX vs. FIAFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) and Fidelity Advisor Freedom Income Fund Class I (FIAFX). The values are adjusted to include any dividend payments, if applicable.

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FFOLX vs. FIAFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FFOLX
Fidelity Freedom Index 2045 Fund Institutional Premium Class
-1.52%21.44%14.19%19.95%-18.18%15.98%16.51%26.01%-7.20%20.57%
FIAFX
Fidelity Advisor Freedom Income Fund Class I
0.29%10.07%4.29%8.05%-11.40%3.13%8.79%11.10%-1.80%7.30%

Returns By Period

In the year-to-date period, FFOLX achieves a -1.52% return, which is significantly lower than FIAFX's 0.29% return. Over the past 10 years, FFOLX has outperformed FIAFX with an annualized return of 10.73%, while FIAFX has yielded a comparatively lower 4.11% annualized return.


FFOLX

1D
2.64%
1M
-5.42%
YTD
-1.52%
6M
1.04%
1Y
19.27%
3Y*
15.27%
5Y*
8.10%
10Y*
10.73%

FIAFX

1D
0.94%
1M
-2.25%
YTD
0.29%
6M
1.40%
1Y
7.67%
3Y*
6.30%
5Y*
2.57%
10Y*
4.11%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FFOLX vs. FIAFX - Expense Ratio Comparison

FFOLX has a 0.08% expense ratio, which is lower than FIAFX's 0.47% expense ratio.


Return for Risk

FFOLX vs. FIAFX — Risk / Return Rank

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

FFOLX
FFOLX Risk / Return Rank: 7575
Overall Rank
FFOLX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
FFOLX Sortino Ratio Rank: 7474
Sortino Ratio Rank
FFOLX Omega Ratio Rank: 7272
Omega Ratio Rank
FFOLX Calmar Ratio Rank: 7575
Calmar Ratio Rank
FFOLX Martin Ratio Rank: 8282
Martin Ratio Rank

FIAFX
FIAFX Risk / Return Rank: 8484
Overall Rank
FIAFX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
FIAFX Sortino Ratio Rank: 8585
Sortino Ratio Rank
FIAFX Omega Ratio Rank: 8282
Omega Ratio Rank
FIAFX Calmar Ratio Rank: 8383
Calmar Ratio Rank
FIAFX Martin Ratio Rank: 8484
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FFOLX vs. FIAFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) and Fidelity Advisor Freedom Income Fund Class I (FIAFX). 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.


FFOLXFIAFXDifference

Sharpe ratio

Return per unit of total volatility

1.30

1.66

-0.36

Sortino ratio

Return per unit of downside risk

1.88

2.34

-0.45

Omega ratio

Gain probability vs. loss probability

1.28

1.34

-0.06

Calmar ratio

Return relative to maximum drawdown

1.83

2.14

-0.31

Martin ratio

Return relative to average drawdown

8.40

8.93

-0.53

FFOLX vs. FIAFX - Sharpe Ratio Comparison

The current FFOLX Sharpe Ratio is 1.30, which is comparable to the FIAFX Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of FFOLX and FIAFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FFOLXFIAFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.30

1.66

-0.36

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.57

0.49

+0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.71

0.90

-0.19

Sharpe Ratio (All Time)

Calculated using the full available price history

0.64

0.82

-0.18

Correlation

The correlation between FFOLX and FIAFX is 0.75, 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

FFOLX vs. FIAFX - Dividend Comparison

FFOLX's dividend yield for the trailing twelve months is around 2.09%, less than FIAFX's 3.21% yield.


TTM20252024202320222021202020192018201720162015
FFOLX
Fidelity Freedom Index 2045 Fund Institutional Premium Class
2.09%2.06%2.04%1.98%2.08%2.03%1.97%14.93%2.30%1.94%2.05%2.02%
FIAFX
Fidelity Advisor Freedom Income Fund Class I
3.21%3.14%3.03%2.88%5.95%5.27%3.82%3.77%5.61%3.31%3.09%3.04%

Drawdowns

FFOLX vs. FIAFX - Drawdown Comparison

The maximum FFOLX drawdown since its inception was -30.72%, which is greater than FIAFX's maximum drawdown of -18.94%. Use the drawdown chart below to compare losses from any high point for FFOLX and FIAFX.


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Drawdown Indicators


FFOLXFIAFXDifference

Max Drawdown

Largest peak-to-trough decline

-30.72%

-18.94%

-11.78%

Max Drawdown (1Y)

Largest decline over 1 year

-10.80%

-3.78%

-7.02%

Max Drawdown (5Y)

Largest decline over 5 years

-26.18%

-15.92%

-10.26%

Max Drawdown (10Y)

Largest decline over 10 years

-30.72%

-15.92%

-14.80%

Current Drawdown

Current decline from peak

-6.47%

-2.69%

-3.78%

Average Drawdown

Average peak-to-trough decline

-4.72%

-2.11%

-2.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.36%

0.91%

+1.45%

Volatility

FFOLX vs. FIAFX - Volatility Comparison

Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) has a higher volatility of 5.75% compared to Fidelity Advisor Freedom Income Fund Class I (FIAFX) at 2.38%. This indicates that FFOLX's price experiences larger fluctuations and is considered to be riskier than FIAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FFOLXFIAFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.75%

2.38%

+3.37%

Volatility (6M)

Calculated over the trailing 6-month period

8.97%

3.23%

+5.74%

Volatility (1Y)

Calculated over the trailing 1-year period

15.28%

4.83%

+10.45%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.30%

5.27%

+9.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.11%

4.59%

+10.52%