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FFTHX vs. FIHFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FFTHX vs. FIHFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2035 Fund (FFTHX) and Fidelity Freedom Index 2035 Fund Investor Class (FIHFX). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
4.56%
5.52%
FFTHX
FIHFX

Returns By Period

The year-to-date returns for both investments are quite close, with FFTHX having a 12.01% return and FIHFX slightly higher at 12.22%. Over the past 10 years, FFTHX has underperformed FIHFX with an annualized return of 3.86%, while FIHFX has yielded a comparatively higher 7.88% annualized return.


FFTHX

YTD

12.01%

1M

-1.69%

6M

4.57%

1Y

18.41%

5Y (annualized)

3.47%

10Y (annualized)

3.86%

FIHFX

YTD

12.22%

1M

-1.23%

6M

5.52%

1Y

18.60%

5Y (annualized)

8.14%

10Y (annualized)

7.88%

Key characteristics


FFTHXFIHFX
Sharpe Ratio2.042.22
Sortino Ratio2.923.15
Omega Ratio1.371.41
Calmar Ratio0.902.04
Martin Ratio12.8713.92
Ulcer Index1.48%1.38%
Daily Std Dev9.30%8.66%
Max Drawdown-50.94%-28.42%
Current Drawdown-6.49%-1.39%

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FFTHX vs. FIHFX - Expense Ratio Comparison

FFTHX has a 0.71% expense ratio, which is higher than FIHFX's 0.12% expense ratio.


FFTHX
Fidelity Freedom 2035 Fund
Expense ratio chart for FFTHX: current value at 0.71% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.71%
Expense ratio chart for FIHFX: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%

Correlation

-0.50.00.51.01.0

The correlation between FFTHX and FIHFX is 0.98, 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.

Risk-Adjusted Performance

FFTHX vs. FIHFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2035 Fund (FFTHX) and Fidelity Freedom Index 2035 Fund Investor Class (FIHFX). 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.


Sharpe ratio
The chart of Sharpe ratio for FFTHX, currently valued at 2.04, compared to the broader market0.002.004.002.042.22
The chart of Sortino ratio for FFTHX, currently valued at 2.92, compared to the broader market0.005.0010.002.923.15
The chart of Omega ratio for FFTHX, currently valued at 1.37, compared to the broader market1.002.003.004.001.371.41
The chart of Calmar ratio for FFTHX, currently valued at 0.90, compared to the broader market0.005.0010.0015.0020.0025.000.902.04
The chart of Martin ratio for FFTHX, currently valued at 12.87, compared to the broader market0.0020.0040.0060.0080.00100.0012.8713.92
FFTHX
FIHFX

The current FFTHX Sharpe Ratio is 2.04, which is comparable to the FIHFX Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of FFTHX and FIHFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.04
2.22
FFTHX
FIHFX

Dividends

FFTHX vs. FIHFX - Dividend Comparison

FFTHX's dividend yield for the trailing twelve months is around 1.49%, less than FIHFX's 1.98% yield.


TTM20232022202120202019201820172016201520142013
FFTHX
Fidelity Freedom 2035 Fund
1.49%1.60%2.27%2.30%1.06%1.53%1.67%1.12%1.40%4.20%9.03%7.08%
FIHFX
Fidelity Freedom Index 2035 Fund Investor Class
1.98%2.10%1.93%1.47%1.40%1.82%2.15%1.72%1.90%2.03%3.37%0.16%

Drawdowns

FFTHX vs. FIHFX - Drawdown Comparison

The maximum FFTHX drawdown since its inception was -50.94%, which is greater than FIHFX's maximum drawdown of -28.42%. Use the drawdown chart below to compare losses from any high point for FFTHX and FIHFX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.49%
-1.39%
FFTHX
FIHFX

Volatility

FFTHX vs. FIHFX - Volatility Comparison

Fidelity Freedom 2035 Fund (FFTHX) has a higher volatility of 2.60% compared to Fidelity Freedom Index 2035 Fund Investor Class (FIHFX) at 2.34%. This indicates that FFTHX's price experiences larger fluctuations and is considered to be riskier than FIHFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
2.60%
2.34%
FFTHX
FIHFX