FFOLX vs. VTIVX
Compare and contrast key facts about Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) and Vanguard Target Retirement 2045 Fund (VTIVX).
FFOLX is managed by Fidelity. It was launched on Oct 2, 2009. VTIVX is managed by Vanguard. It was launched on Oct 27, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFOLX or VTIVX.
Key characteristics
| FFOLX | VTIVX | |
|---|---|---|
| YTD Return | 15.95% | 15.38% |
| 1Y Return | 24.21% | 23.24% |
| 3Y Return (Ann) | 4.19% | 4.24% |
| 5Y Return (Ann) | 9.74% | 9.78% |
| Sharpe Ratio | 2.51 | 2.57 |
| Sortino Ratio | 3.49 | 3.59 |
| Omega Ratio | 1.46 | 1.48 |
| Calmar Ratio | 2.94 | 3.09 |
| Martin Ratio | 16.39 | 17.09 |
| Ulcer Index | 1.65% | 1.51% |
| Daily Std Dev | 10.77% | 10.08% |
| Max Drawdown | -30.72% | -51.69% |
| Current Drawdown | -1.29% | -1.09% |
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.
Performance
FFOLX vs. VTIVX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FFOLX having a 15.95% return and VTIVX slightly lower at 15.38%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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%.
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.
Dividends
FFOLX vs. VTIVX - Dividend Comparison
FFOLX's dividend yield for the trailing twelve months is around 1.73%, less than VTIVX's 1.98% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFOLX Fidelity Freedom Index 2045 Fund Institutional Premium Class | 1.73% | 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 | 1.98% | 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.
Volatility
FFOLX vs. VTIVX - Volatility Comparison
Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) has a higher volatility of 2.87% compared to Vanguard Target Retirement 2045 Fund (VTIVX) at 2.67%. 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.