FFOLX vs. FNSFX
Compare and contrast key facts about Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) and Fidelity Freedom 2060 Fund Class K (FNSFX).
FFOLX is managed by Fidelity. It was launched on Oct 2, 2009. FNSFX is managed by Fidelity. It was launched on Jul 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFOLX or FNSFX.
Correlation
The correlation between FFOLX and FNSFX is 0.98, 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.
Performance
FFOLX vs. FNSFX - Performance Comparison
Key characteristics
FFOLX:
1.56
FNSFX:
1.44
FFOLX:
2.15
FNSFX:
2.00
FFOLX:
1.29
FNSFX:
1.26
FFOLX:
2.43
FNSFX:
1.00
FFOLX:
9.71
FNSFX:
8.75
FFOLX:
1.73%
FNSFX:
1.89%
FFOLX:
10.78%
FNSFX:
11.52%
FFOLX:
-30.72%
FNSFX:
-34.49%
FFOLX:
-3.52%
FNSFX:
-3.95%
Returns By Period
The year-to-date returns for both stocks are quite close, with FFOLX having a 14.69% return and FNSFX slightly lower at 14.32%.
FFOLX
14.69%
-0.52%
5.19%
15.63%
8.82%
N/A
FNSFX
14.32%
-0.87%
4.06%
15.20%
4.87%
N/A
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FFOLX vs. FNSFX - Expense Ratio Comparison
FFOLX has a 0.08% expense ratio, which is lower than FNSFX's 0.65% expense ratio.
Risk-Adjusted Performance
FFOLX vs. FNSFX - 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 2060 Fund Class K (FNSFX). 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.
Dividends
FFOLX vs. FNSFX - Dividend Comparison
FFOLX's dividend yield for the trailing twelve months is around 1.75%, more than FNSFX's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
FNSFX Fidelity Freedom 2060 Fund Class K | 1.23% | 1.40% | 2.14% | 2.29% | 1.09% | 1.54% | 1.63% | 1.21% | 0.00% | 0.00% |
Drawdowns
FFOLX vs. FNSFX - Drawdown Comparison
The maximum FFOLX drawdown since its inception was -30.72%, smaller than the maximum FNSFX drawdown of -34.49%. Use the drawdown chart below to compare losses from any high point for FFOLX and FNSFX. For additional features, visit the drawdowns tool.
Volatility
FFOLX vs. FNSFX - Volatility Comparison
Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) and Fidelity Freedom 2060 Fund Class K (FNSFX) have volatilities of 3.24% and 3.32%, 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.