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

Correlation

The correlation between FFOLX 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.


Performance

FFOLX vs. FXAIX - 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 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FFOLX:

0.59

FXAIX:

0.52

Sortino Ratio

FFOLX:

0.96

FXAIX:

0.88

Omega Ratio

FFOLX:

1.14

FXAIX:

1.13

Calmar Ratio

FFOLX:

0.65

FXAIX:

0.56

Martin Ratio

FFOLX:

2.87

FXAIX:

2.18

Ulcer Index

FFOLX:

3.33%

FXAIX:

4.85%

Daily Std Dev

FFOLX:

15.59%

FXAIX:

19.47%

Max Drawdown

FFOLX:

-37.04%

FXAIX:

-33.79%

Current Drawdown

FFOLX:

-3.37%

FXAIX:

-7.66%

Returns By Period

In the year-to-date period, FFOLX achieves a 1.85% return, which is significantly higher than FXAIX's -3.38% return.


FFOLX

YTD

1.85%

1M

8.33%

6M

-0.83%

1Y

8.97%

5Y*

11.42%

10Y*

N/A

FXAIX

YTD

-3.38%

1M

7.51%

6M

-5.01%

1Y

9.78%

5Y*

15.87%

10Y*

12.44%

*Annualized

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FFOLX vs. FXAIX - Expense Ratio Comparison

FFOLX 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%.


Risk-Adjusted Performance

FFOLX vs. FXAIX — Risk-Adjusted Performance Rank

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

FFOLX
The Risk-Adjusted Performance Rank of FFOLX is 6969
Overall Rank
The Sharpe Ratio Rank of FFOLX is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of FFOLX is 6565
Sortino Ratio Rank
The Omega Ratio Rank of FFOLX is 6666
Omega Ratio Rank
The Calmar Ratio Rank of FFOLX is 7575
Calmar Ratio Rank
The Martin Ratio Rank of FFOLX is 7474
Martin Ratio Rank

FXAIX
The Risk-Adjusted Performance Rank of FXAIX is 6464
Overall Rank
The Sharpe Ratio Rank of FXAIX is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of FXAIX is 6262
Sortino Ratio Rank
The Omega Ratio Rank of FXAIX is 6464
Omega Ratio Rank
The Calmar Ratio Rank of FXAIX is 7171
Calmar Ratio Rank
The Martin Ratio Rank of FXAIX is 6464
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.

FFOLX vs. FXAIX - 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 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 current FFOLX Sharpe Ratio is 0.59, which is comparable to the FXAIX Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of FFOLX 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.


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Dividends

FFOLX vs. FXAIX - Dividend Comparison

FFOLX's dividend yield for the trailing twelve months is around 1.94%, more than FXAIX's 1.32% yield.


TTM20242023202220212020201920182017201620152014
FFOLX
Fidelity Freedom Index 2045 Fund Institutional Premium Class
1.94%2.02%1.98%2.02%1.62%1.41%1.80%2.24%1.78%2.00%2.02%0.00%
FXAIX
Fidelity 500 Index Fund
1.32%1.25%1.45%1.69%1.22%1.60%2.06%2.72%1.97%2.52%2.83%2.63%

Drawdowns

FFOLX vs. FXAIX - Drawdown Comparison

The maximum FFOLX drawdown since its inception was -37.04%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FFOLX and FXAIX. For additional features, visit the drawdowns tool.


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Volatility

FFOLX vs. FXAIX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) is 5.04%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 6.81%. This indicates that FFOLX 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.


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