FFTHX vs. IVV
FFTHX (Fidelity Freedom 2035 Fund) and IVV (iShares Core S&P 500 ETF) are both funds - FFTHX is a Target Retirement Date fund managed by Fidelity, while IVV is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, FFTHX returned 10.69%/yr vs 15.54%/yr for IVV. Their correlation of 0.92 suggests significant overlap in exposure. FFTHX charges 0.71%/yr vs 0.03%/yr for IVV.
Performance
FFTHX vs. IVV - Performance Comparison
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Returns By Period
In the year-to-date period, FFTHX achieves a 10.11% return, which is significantly lower than IVV's 10.85% return. Over the past 10 years, FFTHX has underperformed IVV with an annualized return of 10.69%, while IVV has yielded a comparatively higher 15.54% annualized return.
FFTHX
- 1D
- 0.48%
- 1M
- 3.80%
- YTD
- 10.11%
- 6M
- 11.29%
- 1Y
- 23.66%
- 3Y*
- 16.40%
- 5Y*
- 7.85%
- 10Y*
- 10.69%
IVV
- 1D
- -0.76%
- 1M
- 4.97%
- YTD
- 10.85%
- 6M
- 10.87%
- 1Y
- 28.00%
- 3Y*
- 22.43%
- 5Y*
- 13.88%
- 10Y*
- 15.54%
FFTHX vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFTHX Fidelity Freedom 2035 Fund | 10.11% | 19.16% | 11.03% | 17.67% | -17.67% | 14.44% | 17.14% | 24.49% | -8.40% | 20.73% |
IVV iShares Core S&P 500 ETF | 10.85% | 17.85% | 24.93% | 26.31% | -18.16% | 28.76% | 18.40% | 31.07% | -4.49% | 21.75% |
Correlation
The correlation between FFTHX and IVV is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.90 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jan 9, 2003 | 0.92 |
The correlation between FFTHX and IVV has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.
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Return for Risk
FFTHX vs. IVV — Risk / Return Rank
FFTHX
IVV
FFTHX vs. IVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2035 Fund (FFTHX) and iShares Core S&P 500 ETF (IVV). 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 | IVV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.43 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 3.19 | 3.17 | +0.02 |
| Martin ratioReturn relative to average drawdown | 13.93 | 14.71 | -0.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FFTHX | IVV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.48 | 2.39 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.83 | -0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.86 | -0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.45 | +0.04 |
Drawdowns
FFTHX vs. IVV - Drawdown Comparison
The maximum FFTHX drawdown since its inception was -52.86%, roughly equal to the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for FFTHX and IVV.
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Drawdown Indicators
| FFTHX | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.86% | -55.25% | +2.39% |
Max Drawdown (1Y)Largest decline over 1 year | -7.52% | -8.89% | +1.37% |
Max Drawdown (3Y)Largest decline over 3 years | -11.60% | -18.75% | +7.15% |
Max Drawdown (5Y)Largest decline over 5 years | -25.94% | -24.53% | -1.41% |
Max Drawdown (10Y)Largest decline over 10 years | -28.81% | -33.90% | +5.09% |
Current DrawdownCurrent decline from peak | 0.00% | -0.76% | +0.76% |
Average DrawdownAverage peak-to-trough decline | -6.95% | -10.78% | +3.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.72% | 1.91% | -0.19% |
Volatility
FFTHX vs. IVV - Volatility Comparison
Fidelity Freedom 2035 Fund (FFTHX) has a higher volatility of 3.40% compared to iShares Core S&P 500 ETF (IVV) at 2.87%. This indicates that FFTHX's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFTHX | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.40% | 2.87% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 7.99% | 8.90% | -0.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.68% | 11.80% | -2.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.40% | 16.88% | -4.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.52% | 18.05% | -4.53% |
FFTHX vs. IVV - Expense Ratio Comparison
FFTHX has a 0.71% expense ratio, which is higher than IVV's 0.03% expense ratio.
Dividends
FFTHX vs. IVV - Dividend Comparison
FFTHX's dividend yield for the trailing twelve months is around 5.85%, more than IVV's 1.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFTHX Fidelity Freedom 2035 Fund | 5.85% | 5.03% | 2.75% | 1.86% | 11.21% | 11.62% | 5.93% | 6.75% | 7.66% | 3.17% | 4.00% | 5.97% |
IVV iShares Core S&P 500 ETF | 1.06% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
Frequently Asked Questions
With a correlation of 0.91, FFTHX and IVV 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.
FFTHX has higher volatility (3.40%) compared to IVV (2.87%). In terms of maximum drawdown, FFTHX dropped -52.86% vs IVV's -55.25%.
FFTHX currently has the higher Sharpe Ratio (2.48 vs 2.39), 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.
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