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FFSZX vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between FFSZX and ^GSPC is 0.92, 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

FFSZX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2065 Fund Class K6 (FFSZX) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FFSZX:

0.40

^GSPC:

0.50

Sortino Ratio

FFSZX:

0.68

^GSPC:

0.86

Omega Ratio

FFSZX:

1.09

^GSPC:

1.13

Calmar Ratio

FFSZX:

0.44

^GSPC:

0.54

Martin Ratio

FFSZX:

1.85

^GSPC:

2.05

Ulcer Index

FFSZX:

3.67%

^GSPC:

4.97%

Daily Std Dev

FFSZX:

16.81%

^GSPC:

19.69%

Max Drawdown

FFSZX:

-33.08%

^GSPC:

-56.78%

Current Drawdown

FFSZX:

-2.56%

^GSPC:

-4.88%

Returns By Period

In the year-to-date period, FFSZX achieves a 3.40% return, which is significantly higher than ^GSPC's -0.63% return.


FFSZX

YTD

3.40%

1M

8.99%

6M

1.27%

1Y

6.70%

3Y*

10.76%

5Y*

9.60%

10Y*

N/A

^GSPC

YTD

-0.63%

1M

13.31%

6M

-1.23%

1Y

9.83%

3Y*

14.42%

5Y*

14.61%

10Y*

10.64%

*Annualized

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S&P 500

Risk-Adjusted Performance

FFSZX vs. ^GSPC — Risk-Adjusted Performance Rank

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

FFSZX
The Risk-Adjusted Performance Rank of FFSZX is 5050
Overall Rank
The Sharpe Ratio Rank of FFSZX is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of FFSZX is 4646
Sortino Ratio Rank
The Omega Ratio Rank of FFSZX is 4545
Omega Ratio Rank
The Calmar Ratio Rank of FFSZX is 5858
Calmar Ratio Rank
The Martin Ratio Rank of FFSZX is 5757
Martin Ratio Rank

^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 5555
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 5050
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 5353
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 5656
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 6262
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FFSZX vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2065 Fund Class K6 (FFSZX) and S&P 500 (^GSPC). 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.


The current FFSZX Sharpe Ratio is 0.40, which is comparable to the ^GSPC Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of FFSZX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Drawdowns

FFSZX vs. ^GSPC - Drawdown Comparison

The maximum FFSZX drawdown since its inception was -33.08%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FFSZX and ^GSPC. For additional features, visit the drawdowns tool.


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Volatility

FFSZX vs. ^GSPC - Volatility Comparison

The current volatility for Fidelity Freedom 2065 Fund Class K6 (FFSZX) is 4.11%, while S&P 500 (^GSPC) has a volatility of 4.72%. This indicates that FFSZX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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