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FFTHX vs. FRBHX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FFTHX vs. FRBHX

Last updated Jun 13, 2026

FFTHX (Fidelity Freedom 2035 Fund) and FRBHX (Fidelity Freedom® 2070 Fund Class K6) are both Target Retirement Date funds from Fidelity. Over the past year, FFTHX returned 21.51% vs 28.45% for FRBHX. With a 0.97 correlation, they move nearly in lockstep. FFTHX charges 0.71%/yr vs 0.45%/yr for FRBHX.

Performance

FFTHX vs. FRBHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2035 Fund (FFTHX) and Fidelity Freedom® 2070 Fund Class K6 (FRBHX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FFTHX achieves a 8.66% return, which is significantly lower than FRBHX's 11.78% return.

FFTHX

1D
2.07%
1M
-0.05%
YTD
8.66%
6M
9.58%
1Y
21.51%
3Y*
15.58%
5Y*
7.35%
10Y*
10.74%

FRBHX

1D
2.75%
1M
-0.30%
YTD
11.78%
6M
13.08%
1Y
28.45%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

FFTHX vs. FRBHX - Yearly Performance Comparison

2026 (YTD)20252024
FFTHX
Fidelity Freedom 2035 Fund		8.66%19.16%2.83%
FRBHX
Fidelity Freedom® 2070 Fund Class K6		11.78%23.65%3.64%

Correlation

The correlation between FFTHX and FRBHX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.99

Correlation (All Time)
Calculated using the full available price history since Jul 3, 2024

0.97

The correlation between FFTHX and FRBHX has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fidelity Freedom 2035 Fund

Fidelity Freedom® 2070 Fund Class K6

Often compared with FFTHX:
FFTHX vs. VTTHXFFTHX vs. FIHFXFFTHX vs. FSKAXFFTHX vs. FFTWXFFTHX vs. FCNTXFFTHX vs. FFEZXFFTHX vs. JEPI
Often compared with FRBHX:
FRBHX vs. VITAXFRBHX vs. FXAIXFRBHX vs. PBRNXFRBHX vs. PHTJXFRBHX vs. TTIHXFRBHX vs. FFIJXFRBHX vs. URINX

Return for Risk

FFTHX vs. FRBHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FFTHX
FFTHX Risk / Return Rank: 7575
Overall Rank
FFTHX Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
FFTHX Sortino Ratio Rank: 7373
Sortino Ratio Rank
FFTHX Omega Ratio Rank: 7474
Omega Ratio Rank
FFTHX Calmar Ratio Rank: 7474
Calmar Ratio Rank
FFTHX Martin Ratio Rank: 8181
Martin Ratio Rank
FRBHX
FRBHX Risk / Return Rank: 7272
Overall Rank
FRBHX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
FRBHX Sortino Ratio Rank: 6868
Sortino Ratio Rank
FRBHX Omega Ratio Rank: 7070
Omega Ratio Rank
FRBHX Calmar Ratio Rank: 7373
Calmar Ratio Rank
FRBHX Martin Ratio Rank: 8080
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FFTHX vs. FRBHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2035 Fund (FFTHX) and Fidelity Freedom® 2070 Fund Class K6 (FRBHX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

FFTHXFRBHXDifference
Sharpe ratioReturn per unit of total volatility
2.02
2.02

0.00

Sortino ratioReturn per unit of downside risk
2.83
2.77

+0.06

Omega ratioGain probability vs. loss probability

1.39

1.38

+0.01

Calmar ratioReturn relative to maximum drawdown

2.76

2.82

-0.05

Martin ratioReturn relative to average drawdown

11.84

12.28

-0.44

FFTHX vs. FRBHX - Sharpe Ratio Comparison

The current FFTHX Sharpe Ratio is 2.02, which is comparable to the FRBHX Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of FFTHX and FRBHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

FFTHX vs. FRBHX - Drawdown Comparison

The maximum FFTHX drawdown since its inception was -52.86%, which is greater than FRBHX's maximum drawdown of -15.29%. Use the drawdown chart below to compare losses from any high point for FFTHX and FRBHX.

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Drawdown Indicators

FFTHXFRBHXDifference

Max Drawdown

Largest peak-to-trough decline

-52.86%

-15.29%

-37.57%

Max Drawdown (1Y)

Largest decline over 1 year

-7.52%

-9.77%

+2.25%

Max Drawdown (3Y)

Largest decline over 3 years

-11.60%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-25.94%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-28.81%

—

—

Current Drawdown

Current decline from peak

-1.32%

-1.89%

+0.57%

Average Drawdown

Average peak-to-trough decline

-6.94%

-1.79%

-5.15%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.75%

2.23%

-0.48%

Volatility

FFTHX vs. FRBHX - Volatility Comparison

The current volatility for Fidelity Freedom 2035 Fund (FFTHX) is 4.43%, while Fidelity Freedom® 2070 Fund Class K6 (FRBHX) has a volatility of 5.83%. This indicates that FFTHX experiences smaller price fluctuations and is considered to be less risky than FRBHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FFTHXFRBHXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.43%

5.83%

-1.40%

Volatility (6M)

Calculated over the trailing 6-month period

8.70%

11.50%

-2.80%

Volatility (1Y)

Calculated over the trailing 1-year period

10.28%

13.61%

-3.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.49%

16.04%

-3.55%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.55%

16.04%

-2.49%

FFTHX vs. FRBHX - Expense Ratio Comparison

FFTHX has a 0.71% expense ratio, which is higher than FRBHX's 0.45% expense ratio.

Dividends

FFTHX vs. FRBHX - Dividend Comparison

FFTHX's dividend yield for the trailing twelve months is around 5.93%, more than FRBHX's 4.28% yield.

PositionTTM20252024202320222021202020192018201720162015
FFTHX
Fidelity Freedom 2035 Fund		5.93%5.03%2.75%1.86%11.21%11.62%5.93%6.75%7.66%3.17%4.00%5.97%
FRBHX
Fidelity Freedom® 2070 Fund Class K6		4.28%2.53%2.42%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

With a correlation of 0.99, FFTHX and FRBHX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

FRBHX has higher volatility (5.83%) compared to FFTHX (4.43%). In terms of maximum drawdown, FFTHX dropped -52.86% vs FRBHX's -15.29%.

FRBHX currently has the higher Sharpe Ratio (2.02 vs 2.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for FFTHX and FRBHX

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