PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FFOLX vs. FIOFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FFOLX and FIOFX is 1.00, 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

FFOLX vs. FIOFX - 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 Freedom Index 2045 Fund Investor Class (FIOFX). The values are adjusted to include any dividend payments, if applicable.

80.00%90.00%100.00%110.00%120.00%130.00%JulyAugustSeptemberOctoberNovemberDecember
121.72%
92.31%
FFOLX
FIOFX

Key characteristics

Sharpe Ratio

FFOLX:

1.56

FIOFX:

1.56

Sortino Ratio

FFOLX:

2.15

FIOFX:

2.14

Omega Ratio

FFOLX:

1.29

FIOFX:

1.28

Calmar Ratio

FFOLX:

2.43

FIOFX:

2.42

Martin Ratio

FFOLX:

9.71

FIOFX:

9.70

Ulcer Index

FFOLX:

1.73%

FIOFX:

1.73%

Daily Std Dev

FFOLX:

10.78%

FIOFX:

10.76%

Max Drawdown

FFOLX:

-30.72%

FIOFX:

-37.05%

Current Drawdown

FFOLX:

-3.52%

FIOFX:

-3.52%

Returns By Period

The year-to-date returns for both stocks are quite close, with FFOLX having a 14.69% return and FIOFX slightly lower at 14.63%.


FFOLX

YTD

14.69%

1M

-0.52%

6M

5.19%

1Y

15.63%

5Y*

8.82%

10Y*

N/A

FIOFX

YTD

14.63%

1M

-0.56%

6M

5.15%

1Y

15.59%

5Y*

5.93%

10Y*

7.16%

Compare stocks, funds, or ETFs

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


FFOLX vs. FIOFX - Expense Ratio Comparison

FFOLX has a 0.08% expense ratio, which is lower than FIOFX's 0.12% 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%.


FIOFX
Fidelity Freedom Index 2045 Fund Investor Class
Expense ratio chart for FIOFX: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%
Expense ratio chart for FFOLX: 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%

Risk-Adjusted Performance

FFOLX vs. FIOFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) and Fidelity Freedom Index 2045 Fund Investor Class (FIOFX). 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 FFOLX, currently valued at 1.56, compared to the broader market-1.000.001.002.003.004.001.561.56
The chart of Sortino ratio for FFOLX, currently valued at 2.15, compared to the broader market-2.000.002.004.006.008.0010.002.152.14
The chart of Omega ratio for FFOLX, currently valued at 1.28, compared to the broader market0.501.001.502.002.503.003.501.291.28
The chart of Calmar ratio for FFOLX, currently valued at 2.43, compared to the broader market0.002.004.006.008.0010.0012.0014.002.432.42
The chart of Martin ratio for FFOLX, currently valued at 9.71, compared to the broader market0.0020.0040.0060.009.719.70
FFOLX
FIOFX

The current FFOLX Sharpe Ratio is 1.56, which is comparable to the FIOFX Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of FFOLX and FIOFX, 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 Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.56
1.56
FFOLX
FIOFX

Dividends

FFOLX vs. FIOFX - Dividend Comparison

FFOLX's dividend yield for the trailing twelve months is around 1.75%, more than FIOFX's 1.72% yield.


TTM20232022202120202019201820172016201520142013
FFOLX
Fidelity Freedom Index 2045 Fund Institutional Premium Class
1.75%1.98%2.02%1.62%1.41%1.80%2.24%1.78%2.00%2.02%0.00%0.00%
FIOFX
Fidelity Freedom Index 2045 Fund Investor Class
1.72%1.95%1.96%1.52%1.39%1.76%2.18%1.73%1.95%2.01%3.33%0.11%

Drawdowns

FFOLX vs. FIOFX - Drawdown Comparison

The maximum FFOLX drawdown since its inception was -30.72%, smaller than the maximum FIOFX drawdown of -37.05%. Use the drawdown chart below to compare losses from any high point for FFOLX and FIOFX. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.52%
-3.52%
FFOLX
FIOFX

Volatility

FFOLX vs. FIOFX - Volatility Comparison

Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) and Fidelity Freedom Index 2045 Fund Investor Class (FIOFX) have volatilities of 3.24% and 3.25%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.24%
3.25%
FFOLX
FIOFX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab