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:
0.44
^GSPC:
0.46
FFSZX:
0.73
^GSPC:
0.77
FFSZX:
1.10
^GSPC:
1.11
FFSZX:
0.48
^GSPC:
0.47
FFSZX:
2.08
^GSPC:
1.94
FFSZX:
3.55%
^GSPC:
4.61%
FFSZX:
16.66%
^GSPC:
19.44%
FFSZX:
-33.08%
^GSPC:
-56.78%
FFSZX:
-5.69%
^GSPC:
-10.07%
Returns By Period
In the year-to-date period, FFSZX achieves a 0.08% return, which is significantly higher than ^GSPC's -6.06% return.
FFSZX
0.08%
-0.15%
-1.98%
7.05%
9.40%
N/A
^GSPC
-6.06%
-1.00%
-4.87%
8.34%
14.11%
10.27%
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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
The current volatility for Fidelity Freedom 2065 Fund Class K6 (FFSZX) is 11.53%, while S&P 500 (^GSPC) has a volatility of 14.23%. 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.