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FFOPX vs. VFIFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FFOPXVFIFX
YTD Return16.31%16.37%
1Y Return27.42%27.40%
3Y Return (Ann)4.31%4.77%
5Y Return (Ann)9.96%10.33%
Sharpe Ratio2.562.43
Sortino Ratio3.553.44
Omega Ratio1.471.46
Calmar Ratio2.462.73
Martin Ratio16.7216.03
Ulcer Index1.64%1.71%
Daily Std Dev10.74%11.28%
Max Drawdown-30.71%-51.68%
Current Drawdown-0.95%-0.90%

Correlation

-0.50.00.51.01.0

The correlation between FFOPX and VFIFX 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

FFOPX vs. VFIFX - Performance Comparison

The year-to-date returns for both investments are quite close, with FFOPX having a 16.31% return and VFIFX slightly higher at 16.37%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
8.32%
8.50%
FFOPX
VFIFX

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Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FFOPX vs. VFIFX - Expense Ratio Comparison

Both FFOPX and VFIFX 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%.


FFOPX
Fidelity Freedom Index 2050 Fund Institutional Premium Class
Expense ratio chart for FFOPX: 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 VFIFX: 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

FFOPX vs. VFIFX - 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 Vanguard Target Retirement 2050 Fund (VFIFX). 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.


FFOPX
Sharpe ratio
The chart of Sharpe ratio for FFOPX, currently valued at 2.56, compared to the broader market0.002.004.002.56
Sortino ratio
The chart of Sortino ratio for FFOPX, currently valued at 3.55, compared to the broader market0.005.0010.003.55
Omega ratio
The chart of Omega ratio for FFOPX, currently valued at 1.47, compared to the broader market1.002.003.004.001.47
Calmar ratio
The chart of Calmar ratio for FFOPX, currently valued at 2.46, compared to the broader market0.005.0010.0015.0020.0025.002.46
Martin ratio
The chart of Martin ratio for FFOPX, currently valued at 16.72, compared to the broader market0.0020.0040.0060.0080.00100.0016.72
VFIFX
Sharpe ratio
The chart of Sharpe ratio for VFIFX, currently valued at 2.43, compared to the broader market0.002.004.002.43
Sortino ratio
The chart of Sortino ratio for VFIFX, currently valued at 3.44, compared to the broader market0.005.0010.003.44
Omega ratio
The chart of Omega ratio for VFIFX, currently valued at 1.46, compared to the broader market1.002.003.004.001.46
Calmar ratio
The chart of Calmar ratio for VFIFX, currently valued at 2.73, compared to the broader market0.005.0010.0015.0020.0025.002.73
Martin ratio
The chart of Martin ratio for VFIFX, currently valued at 16.03, compared to the broader market0.0020.0040.0060.0080.00100.0016.03

FFOPX vs. VFIFX - Sharpe Ratio Comparison

The current FFOPX Sharpe Ratio is 2.56, which is comparable to the VFIFX Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of FFOPX and VFIFX, 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.56
2.43
FFOPX
VFIFX

Dividends

FFOPX vs. VFIFX - Dividend Comparison

FFOPX's dividend yield for the trailing twelve months is around 1.73%, less than VFIFX's 1.90% yield.


TTM20232022202120202019201820172016201520142013
FFOPX
Fidelity Freedom Index 2050 Fund Institutional Premium Class
1.73%1.98%2.01%1.62%1.41%1.81%2.24%1.76%2.09%2.01%0.00%0.00%
VFIFX
Vanguard Target Retirement 2050 Fund
1.90%2.21%2.13%2.19%1.63%2.20%2.43%1.89%1.93%2.05%2.01%1.84%

Drawdowns

FFOPX vs. VFIFX - Drawdown Comparison

The maximum FFOPX drawdown since its inception was -30.71%, smaller than the maximum VFIFX drawdown of -51.68%. Use the drawdown chart below to compare losses from any high point for FFOPX and VFIFX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.95%
-0.90%
FFOPX
VFIFX

Volatility

FFOPX vs. VFIFX - Volatility Comparison

Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX) and Vanguard Target Retirement 2050 Fund (VFIFX) have volatilities of 2.99% and 2.99%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
2.99%
2.99%
FFOPX
VFIFX