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

Correlation

The correlation between FFOLX and VTIVX is 0.99, 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. VTIVX - 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 Vanguard Target Retirement 2045 Fund (VTIVX). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.31%
4.49%
FFOLX
VTIVX

Key characteristics

Sharpe Ratio

FFOLX:

1.37

VTIVX:

1.43

Sortino Ratio

FFOLX:

1.89

VTIVX:

1.98

Omega Ratio

FFOLX:

1.25

VTIVX:

1.26

Calmar Ratio

FFOLX:

2.13

VTIVX:

2.22

Martin Ratio

FFOLX:

8.60

VTIVX:

9.16

Ulcer Index

FFOLX:

1.72%

VTIVX:

1.57%

Daily Std Dev

FFOLX:

10.83%

VTIVX:

10.11%

Max Drawdown

FFOLX:

-30.72%

VTIVX:

-51.69%

Current Drawdown

FFOLX:

-4.11%

VTIVX:

-3.78%

Returns By Period

The year-to-date returns for both stocks are quite close, with FFOLX having a 14.00% return and VTIVX slightly lower at 13.62%.


FFOLX

YTD

14.00%

1M

-1.24%

6M

4.31%

1Y

16.13%

5Y*

8.70%

10Y*

N/A

VTIVX

YTD

13.62%

1M

-1.11%

6M

4.48%

1Y

15.69%

5Y*

8.77%

10Y*

8.48%

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. VTIVX - Expense Ratio Comparison

Both FFOLX and VTIVX have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


FFOLX
Fidelity Freedom Index 2045 Fund Institutional Premium Class
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%
Expense ratio chart for VTIVX: 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. VTIVX - 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 Target Retirement 2045 Fund (VTIVX). 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 1.37, compared to the broader market-1.000.001.002.003.004.001.371.43
The chart of Sortino ratio for FFOLX, currently valued at 1.89, compared to the broader market-2.000.002.004.006.008.0010.001.891.98
The chart of Omega ratio for FFOLX, currently valued at 1.25, compared to the broader market0.501.001.502.002.503.003.501.251.26
The chart of Calmar ratio for FFOLX, currently valued at 2.13, compared to the broader market0.002.004.006.008.0010.0012.0014.002.132.22
The chart of Martin ratio for FFOLX, currently valued at 8.60, compared to the broader market0.0020.0040.0060.008.609.16
FFOLX
VTIVX

The current FFOLX Sharpe Ratio is 1.37, which is comparable to the VTIVX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of FFOLX and VTIVX, 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
1.37
1.43
FFOLX
VTIVX

Dividends

FFOLX vs. VTIVX - Dividend Comparison

FFOLX's dividend yield for the trailing twelve months is around 1.76%, less than VTIVX's 2.01% yield.


TTM20232022202120202019201820172016201520142013
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%
VTIVX
Vanguard Target Retirement 2045 Fund
2.01%2.28%2.13%2.22%1.60%2.23%2.39%1.90%1.99%2.17%2.05%1.88%

Drawdowns

FFOLX vs. VTIVX - Drawdown Comparison

The maximum FFOLX drawdown since its inception was -30.72%, smaller than the maximum VTIVX drawdown of -51.69%. Use the drawdown chart below to compare losses from any high point for FFOLX and VTIVX. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.11%
-3.78%
FFOLX
VTIVX

Volatility

FFOLX vs. VTIVX - Volatility Comparison

Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) has a higher volatility of 3.17% compared to Vanguard Target Retirement 2045 Fund (VTIVX) at 2.89%. This indicates that FFOLX's price experiences larger fluctuations and is considered to be riskier than VTIVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.17%
2.89%
FFOLX
VTIVX
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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.

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