FFOLX vs. VOO
Compare and contrast key facts about Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) and Vanguard S&P 500 ETF (VOO).
FFOLX is managed by Fidelity. It was launched on Oct 2, 2009. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFOLX or VOO.
Correlation
The correlation between FFOLX 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.
Performance
FFOLX vs. VOO - Performance Comparison
Key characteristics
FFOLX:
1.37
VOO:
2.21
FFOLX:
1.89
VOO:
2.93
FFOLX:
1.25
VOO:
1.41
FFOLX:
2.13
VOO:
3.25
FFOLX:
8.60
VOO:
14.47
FFOLX:
1.72%
VOO:
1.90%
FFOLX:
10.83%
VOO:
12.43%
FFOLX:
-30.72%
VOO:
-33.99%
FFOLX:
-4.11%
VOO:
-2.87%
Returns By Period
In the year-to-date period, FFOLX achieves a 14.00% return, which is significantly lower than VOO's 25.49% return.
FFOLX
14.00%
-1.24%
4.31%
16.13%
8.70%
N/A
VOO
25.49%
0.01%
8.65%
27.45%
14.70%
13.04%
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FFOLX vs. VOO - Expense Ratio Comparison
FFOLX 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%.
Risk-Adjusted Performance
FFOLX vs. VOO - 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 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.
Dividends
FFOLX vs. VOO - Dividend Comparison
FFOLX's dividend yield for the trailing twelve months is around 1.76%, more than VOO's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFOLX Fidelity Freedom Index 2045 Fund Institutional Premium Class | 1.76% | 1.98% | 2.02% | 1.62% | 1.41% | 1.80% | 2.24% | 1.78% | 2.00% | 2.02% | 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
FFOLX vs. VOO - Drawdown Comparison
The maximum FFOLX drawdown since its inception was -30.72%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FFOLX and VOO. For additional features, visit the drawdowns tool.
Volatility
FFOLX vs. VOO - Volatility Comparison
The current volatility for Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) is 3.17%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.64%. This indicates that FFOLX 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.