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

Key characteristics


FFTHXFTABX
YTD Return13.87%2.06%
1Y Return25.13%8.28%
3Y Return (Ann)-1.66%-0.49%
5Y Return (Ann)3.85%1.30%
10Y Return (Ann)4.09%2.45%
Sharpe Ratio2.582.10
Sortino Ratio3.723.11
Omega Ratio1.481.49
Calmar Ratio1.020.83
Martin Ratio16.848.69
Ulcer Index1.45%0.87%
Daily Std Dev9.44%3.63%
Max Drawdown-50.94%-15.78%
Current Drawdown-4.94%-2.33%

Correlation

-0.50.00.51.0-0.1

The correlation between FFTHX and FTABX is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

FFTHX vs. FTABX - Performance Comparison

In the year-to-date period, FFTHX achieves a 13.87% return, which is significantly higher than FTABX's 2.06% return. Over the past 10 years, FFTHX has outperformed FTABX with an annualized return of 4.09%, while FTABX has yielded a comparatively lower 2.45% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
7.83%
2.08%
FFTHX
FTABX

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FFTHX vs. FTABX - Expense Ratio Comparison

FFTHX has a 0.71% expense ratio, which is higher than FTABX's 0.25% 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 FTABX: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Risk-Adjusted Performance

FFTHX vs. FTABX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2035 Fund (FFTHX) and Fidelity Tax-Free Bond Fund (FTABX). 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.


FFTHX
Sharpe ratio
The chart of Sharpe ratio for FFTHX, currently valued at 2.35, compared to the broader market0.002.004.002.35
Sortino ratio
The chart of Sortino ratio for FFTHX, currently valued at 3.36, compared to the broader market0.005.0010.003.36
Omega ratio
The chart of Omega ratio for FFTHX, currently valued at 1.43, compared to the broader market1.002.003.004.001.43
Calmar ratio
The chart of Calmar ratio for FFTHX, currently valued at 0.99, compared to the broader market0.005.0010.0015.0020.000.99
Martin ratio
The chart of Martin ratio for FFTHX, currently valued at 14.91, compared to the broader market0.0020.0040.0060.0080.00100.0014.91
FTABX
Sharpe ratio
The chart of Sharpe ratio for FTABX, currently valued at 2.10, compared to the broader market0.002.004.002.10
Sortino ratio
The chart of Sortino ratio for FTABX, currently valued at 3.11, compared to the broader market0.005.0010.003.11
Omega ratio
The chart of Omega ratio for FTABX, currently valued at 1.49, compared to the broader market1.002.003.004.001.49
Calmar ratio
The chart of Calmar ratio for FTABX, currently valued at 0.83, compared to the broader market0.005.0010.0015.0020.000.83
Martin ratio
The chart of Martin ratio for FTABX, currently valued at 8.69, compared to the broader market0.0020.0040.0060.0080.00100.008.69

FFTHX vs. FTABX - Sharpe Ratio Comparison

The current FFTHX Sharpe Ratio is 2.58, which is comparable to the FTABX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of FFTHX and FTABX, 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.35
2.10
FFTHX
FTABX

Dividends

FFTHX vs. FTABX - Dividend Comparison

FFTHX's dividend yield for the trailing twelve months is around 1.47%, less than FTABX's 3.00% yield.


TTM20232022202120202019201820172016201520142013
FFTHX
Fidelity Freedom 2035 Fund
1.47%1.60%2.27%2.30%1.06%1.53%1.67%1.12%1.40%4.20%9.03%7.08%
FTABX
Fidelity Tax-Free Bond Fund
3.00%2.90%2.85%2.40%2.60%2.84%3.02%3.07%3.37%3.58%3.62%3.86%

Drawdowns

FFTHX vs. FTABX - Drawdown Comparison

The maximum FFTHX drawdown since its inception was -50.94%, which is greater than FTABX's maximum drawdown of -15.78%. Use the drawdown chart below to compare losses from any high point for FFTHX and FTABX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-4.94%
-2.33%
FFTHX
FTABX

Volatility

FFTHX vs. FTABX - Volatility Comparison

Fidelity Freedom 2035 Fund (FFTHX) has a higher volatility of 2.60% compared to Fidelity Tax-Free Bond Fund (FTABX) at 1.85%. This indicates that FFTHX's price experiences larger fluctuations and is considered to be riskier than FTABX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%JuneJulyAugustSeptemberOctoberNovember
2.60%
1.85%
FFTHX
FTABX