FFSZX vs. LTRIX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Freedom 2065 Fund Class K6 (FFSZX) and Principal LifeTime 2045 Fund (LTRIX).

FFSZX is managed by Fidelity. It was launched on Jun 28, 2019. LTRIX is managed by Principal. It was launched on Feb 28, 2008.

Performance

FFSZX vs. LTRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2065 Fund Class K6 (FFSZX) and Principal LifeTime 2045 Fund (LTRIX). The values are adjusted to include any dividend payments, if applicable.

FFSZX vs. LTRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FFSZX Fidelity Freedom 2065 Fund Class K6	-3.49%	24.08%	14.41%	20.78%	-18.05%	16.81%	18.36%	9.18%
LTRIX Principal LifeTime 2045 Fund	-4.72%	16.69%	16.90%	19.40%	-18.51%	16.55%	16.33%	7.90%

Returns By Period

In the year-to-date period, FFSZX achieves a -3.49% return, which is significantly higher than LTRIX's -4.72% return.

FFSZX

• 1D: -0.33%
• 1M: -9.18%
• YTD: -3.49%
• 6M: 0.18%
• 1Y: 19.66%
• 3Y*: 15.60%
• 5Y*: 8.41%
• 10Y*: —

LTRIX

• 1D: -0.21%
• 1M: -7.69%
• YTD: -4.72%
• 6M: -2.65%
• 1Y: 11.72%
• 3Y*: 13.58%
• 5Y*: 7.05%
• 10Y*: 9.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FFSZX vs. LTRIX - Expense Ratio Comparison

FFSZX has a 0.50% expense ratio, which is higher than LTRIX's 0.01% expense ratio.

FFSZX

Fidelity Freedom 2065 Fund Class K6

LTRIX

Principal LifeTime 2045 Fund

Return for Risk

FFSZX vs. LTRIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FFSZX

FFSZX Risk / Return Rank: 71
FFSZX Sharpe Ratio Rank: 69
FFSZX Sortino Ratio Rank: 71
FFSZX Omega Ratio Rank: 70
FFSZX Calmar Ratio Rank: 69
FFSZX Martin Ratio Rank: 74

LTRIX

LTRIX Risk / Return Rank: 40
LTRIX Sharpe Ratio Rank: 38
LTRIX Sortino Ratio Rank: 40
LTRIX Omega Ratio Rank: 39
LTRIX Calmar Ratio Rank: 35
LTRIX Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FFSZX vs. LTRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2065 Fund Class K6 (FFSZX) and Principal LifeTime 2045 Fund (LTRIX). 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.

	FFSZX	LTRIX	Difference
Sharpe ratio Return per unit of total volatility	1.23	0.83	+0.40
Sortino ratio Return per unit of downside risk	1.76	1.27	+0.49
Omega ratio Gain probability vs. loss probability	1.26	1.18	+0.08
Calmar ratio Return relative to maximum drawdown	1.58	0.96	+0.62
Martin ratio Return relative to average drawdown	7.11	4.66	+2.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FFSZX vs. LTRIX - Sharpe Ratio Comparison

The current FFSZX Sharpe Ratio is 1.23, which is higher than the LTRIX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of FFSZX and LTRIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FFSZX	LTRIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.23	0.83	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.57	0.49	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	0.44	+0.22

Correlation

The correlation between FFSZX and LTRIX is 0.95, 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.

Dividends

FFSZX vs. LTRIX - Dividend Comparison

FFSZX's dividend yield for the trailing twelve months is around 3.96%, less than LTRIX's 9.77% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFSZX Fidelity Freedom 2065 Fund Class K6	3.96%	3.82%	2.92%	2.26%	8.99%	7.98%	2.41%	1.47%	0.00%	0.00%	0.00%	0.00%
LTRIX Principal LifeTime 2045 Fund	9.77%	9.31%	9.40%	4.25%	8.71%	6.75%	4.62%	6.93%	7.50%	4.57%	4.48%	5.42%

Drawdowns

FFSZX vs. LTRIX - Drawdown Comparison

The maximum FFSZX drawdown since its inception was -31.00%, smaller than the maximum LTRIX drawdown of -51.39%. Use the drawdown chart below to compare losses from any high point for FFSZX and LTRIX.

Drawdown Indicators

	FFSZX	LTRIX	Difference
Max Drawdown Largest peak-to-trough decline	-31.00%	-51.39%	+20.39%
Max Drawdown (1Y) Largest decline over 1 year	-11.19%	-10.65%	-0.54%
Max Drawdown (5Y) Largest decline over 5 years	-27.17%	-26.25%	-0.92%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.56%	—
Current Drawdown Current decline from peak	-9.77%	-8.04%	-1.73%
Average Drawdown Average peak-to-trough decline	-5.93%	-7.26%	+1.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	2.20%	+0.29%

Volatility

FFSZX vs. LTRIX - Volatility Comparison

Fidelity Freedom 2065 Fund Class K6 (FFSZX) has a higher volatility of 5.70% compared to Principal LifeTime 2045 Fund (LTRIX) at 4.53%. This indicates that FFSZX's price experiences larger fluctuations and is considered to be riskier than LTRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFSZX	LTRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.70%	4.53%	+1.17%
Volatility (6M) Calculated over the trailing 6-month period	9.54%	8.04%	+1.50%
Volatility (1Y) Calculated over the trailing 1-year period	15.95%	14.30%	+1.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.83%	14.52%	+0.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.06%	14.77%	+2.29%