FFOPX vs. VFIFX
Compare and contrast key facts about Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX) and Vanguard Target Retirement 2050 Fund (VFIFX).
FFOPX is managed by Fidelity. It was launched on Oct 2, 2009. VFIFX is managed by Vanguard. It was launched on Jun 7, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFOPX or VFIFX.
Key characteristics
| FFOPX | VFIFX | |
|---|---|---|
| YTD Return | 13.38% | 13.01% |
| 1Y Return | 22.00% | 21.72% |
| 3Y Return (Ann) | 4.69% | 4.97% |
| 5Y Return (Ann) | 10.02% | 10.32% |
| Sharpe Ratio | 1.94 | 1.84 |
| Daily Std Dev | 11.25% | 11.69% |
| Max Drawdown | -30.71% | -51.68% |
| Current Drawdown | -0.49% | -0.59% |
Correlation
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 stocks are quite close, with FFOPX having a 13.38% return and VFIFX slightly lower at 13.01%. 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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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%.
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.
Dividends
FFOPX vs. VFIFX - Dividend Comparison
FFOPX's dividend yield for the trailing twelve months is around 1.77%, less than VFIFX's 1.96% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFOPX Fidelity Freedom Index 2050 Fund Institutional Premium Class | 1.77% | 1.98% | 2.07% | 2.05% | 1.97% | 15.21% | 2.38% | 2.09% | 2.14% | 4.02% | 0.00% | 0.00% |
VFIFX Vanguard Target Retirement 2050 Fund | 1.96% | 2.21% | 2.38% | 12.83% | 1.84% | 2.20% | 2.51% | 1.92% | 2.04% | 2.36% | 2.03% | 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.
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 3.45% and 3.49%, 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.