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
Key characteristics
FFSZX:
1.34
^GSPC:
1.74
FFSZX:
1.88
^GSPC:
2.35
FFSZX:
1.24
^GSPC:
1.32
FFSZX:
1.58
^GSPC:
2.61
FFSZX:
7.13
^GSPC:
10.66
FFSZX:
2.21%
^GSPC:
2.08%
FFSZX:
11.81%
^GSPC:
12.77%
FFSZX:
-33.08%
^GSPC:
-56.78%
FFSZX:
-0.36%
^GSPC:
0.00%
Returns By Period
In the year-to-date period, FFSZX achieves a 5.74% return, which is significantly higher than ^GSPC's 4.46% return.
FFSZX
5.74%
3.62%
5.09%
16.34%
7.12%
N/A
^GSPC
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
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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.
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.
Volatility
FFSZX vs. ^GSPC - Volatility Comparison
Fidelity Freedom 2065 Fund Class K6 (FFSZX) has a higher volatility of 3.23% compared to S&P 500 (^GSPC) at 3.07%. This indicates that FFSZX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.