FFOPX vs. FAGIX
Compare and contrast key facts about Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX) and Fidelity Capital & Income Fund (FAGIX).
FFOPX is managed by Fidelity. It was launched on Oct 2, 2009. FAGIX is managed by Fidelity. It was launched on Nov 1, 1977.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFOPX or FAGIX.
Correlation
The correlation between FFOPX and FAGIX is 0.81, 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
FFOPX vs. FAGIX - Performance Comparison
Key characteristics
FFOPX:
1.51
FAGIX:
2.21
FFOPX:
2.08
FAGIX:
3.20
FFOPX:
1.28
FAGIX:
1.45
FFOPX:
2.35
FAGIX:
1.45
FFOPX:
9.32
FAGIX:
14.42
FFOPX:
1.74%
FAGIX:
0.76%
FFOPX:
10.74%
FAGIX:
4.89%
FFOPX:
-30.71%
FAGIX:
-37.80%
FFOPX:
-3.05%
FAGIX:
-2.21%
Returns By Period
In the year-to-date period, FFOPX achieves a 15.28% return, which is significantly higher than FAGIX's 10.90% return.
FFOPX
15.28%
-0.85%
5.61%
16.07%
8.91%
N/A
FAGIX
10.90%
-1.09%
4.75%
11.13%
4.42%
5.09%
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FFOPX vs. FAGIX - Expense Ratio Comparison
FFOPX has a 0.08% expense ratio, which is lower than FAGIX's 0.67% expense ratio.
Risk-Adjusted Performance
FFOPX vs. FAGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX) and Fidelity Capital & Income Fund (FAGIX). 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
FFOPX vs. FAGIX - Dividend Comparison
FFOPX's dividend yield for the trailing twelve months is around 1.74%, less than FAGIX's 4.77% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fidelity Freedom Index 2050 Fund Institutional Premium Class | 1.74% | 1.98% | 2.01% | 1.62% | 1.41% | 1.81% | 2.24% | 1.76% | 2.09% | 2.01% | 0.00% | 0.00% |
Fidelity Capital & Income Fund | 4.77% | 5.29% | 4.85% | 3.41% | 3.78% | 4.25% | 5.27% | 4.01% | 4.12% | 5.00% | 8.04% | 5.47% |
Drawdowns
FFOPX vs. FAGIX - Drawdown Comparison
The maximum FFOPX drawdown since its inception was -30.71%, smaller than the maximum FAGIX drawdown of -37.80%. Use the drawdown chart below to compare losses from any high point for FFOPX and FAGIX. For additional features, visit the drawdowns tool.
Volatility
FFOPX vs. FAGIX - Volatility Comparison
Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX) has a higher volatility of 3.22% compared to Fidelity Capital & Income Fund (FAGIX) at 1.73%. This indicates that FFOPX's price experiences larger fluctuations and is considered to be riskier than FAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.