FFSZX vs. ^GSPC
Compare and contrast key facts about Fidelity Freedom 2065 Fund Class K6 (FFSZX) and S&P 500 (^GSPC).
FFSZX is managed by Fidelity. It was launched on Jun 28, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFSZX or ^GSPC.
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
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Key characteristics
FFSZX:
0.40
^GSPC:
0.50
FFSZX:
0.68
^GSPC:
0.86
FFSZX:
1.09
^GSPC:
1.13
FFSZX:
0.44
^GSPC:
0.54
FFSZX:
1.85
^GSPC:
2.05
FFSZX:
3.67%
^GSPC:
4.97%
FFSZX:
16.81%
^GSPC:
19.69%
FFSZX:
-33.08%
^GSPC:
-56.78%
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
3.40%
8.99%
1.27%
6.70%
10.76%
9.60%
N/A
^GSPC
-0.63%
13.31%
-1.23%
9.83%
14.42%
14.61%
10.64%
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Risk-Adjusted Performance
FFSZX vs. ^GSPC — Risk-Adjusted Performance Rank
FFSZX
^GSPC
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.
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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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