PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FFTHX vs. FTABX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

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.


-0.50.00.51.0-0.1

Performance

FFTHX vs. FTABX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2035 Fund (FFTHX) and Fidelity Tax-Free Bond Fund (FTABX). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%JulyAugustSeptemberOctoberNovemberDecember
246.59%
113.32%
FFTHX
FTABX

Key characteristics

Sharpe Ratio

FFTHX:

1.37

FTABX:

0.37

Sortino Ratio

FFTHX:

1.95

FTABX:

0.52

Omega Ratio

FFTHX:

1.24

FTABX:

1.08

Calmar Ratio

FFTHX:

0.71

FTABX:

0.23

Martin Ratio

FFTHX:

8.24

FTABX:

1.37

Ulcer Index

FFTHX:

1.56%

FTABX:

0.96%

Daily Std Dev

FFTHX:

9.39%

FTABX:

3.52%

Max Drawdown

FFTHX:

-50.94%

FTABX:

-15.78%

Current Drawdown

FFTHX:

-7.24%

FTABX:

-3.13%

Returns By Period

In the year-to-date period, FFTHX achieves a 11.11% return, which is significantly higher than FTABX's 1.23% return. Over the past 10 years, FFTHX has outperformed FTABX with an annualized return of 3.80%, while FTABX has yielded a comparatively lower 2.30% annualized return.


FFTHX

YTD

11.11%

1M

-0.74%

6M

3.27%

1Y

11.86%

5Y*

2.56%

10Y*

3.80%

FTABX

YTD

1.23%

1M

-1.09%

6M

0.71%

1Y

1.50%

5Y*

0.97%

10Y*

2.30%

Compare stocks, funds, or ETFs

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


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.


Sharpe ratio
The chart of Sharpe ratio for FFTHX, currently valued at 1.15, compared to the broader market-1.000.001.002.003.004.001.150.37
The chart of Sortino ratio for FFTHX, currently valued at 1.65, compared to the broader market-2.000.002.004.006.008.0010.001.650.52
The chart of Omega ratio for FFTHX, currently valued at 1.21, compared to the broader market0.501.001.502.002.503.003.501.211.08
The chart of Calmar ratio for FFTHX, currently valued at 0.59, compared to the broader market0.002.004.006.008.0010.0012.0014.000.590.23
The chart of Martin ratio for FFTHX, currently valued at 6.91, compared to the broader market0.0020.0040.0060.006.911.37
FFTHX
FTABX

The current FFTHX Sharpe Ratio is 1.37, which is higher than the FTABX Sharpe Ratio of 0.37. 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 Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.15
0.37
FFTHX
FTABX

Dividends

FFTHX vs. FTABX - Dividend Comparison

FFTHX's dividend yield for the trailing twelve months is around 1.51%, less than FTABX's 2.78% yield.


TTM20232022202120202019201820172016201520142013
FFTHX
Fidelity Freedom 2035 Fund
1.51%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
2.78%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%JulyAugustSeptemberOctoberNovemberDecember
-7.24%
-3.13%
FFTHX
FTABX

Volatility

FFTHX vs. FTABX - Volatility Comparison

Fidelity Freedom 2035 Fund (FFTHX) has a higher volatility of 2.76% compared to Fidelity Tax-Free Bond Fund (FTABX) at 1.33%. 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%JulyAugustSeptemberOctoberNovemberDecember
2.76%
1.33%
FFTHX
FTABX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab