FFTWX vs. FFFHX

Last updated Jun 23, 2026

FFTWX (Fidelity Freedom 2025 Fund) and FFFHX (Fidelity Freedom 2050 Fund) are both Target Retirement Date funds from Fidelity. Over the past 10 years, FFTWX returned 8.42%/yr vs 12.62%/yr for FFFHX. With a 0.98 correlation, they move nearly in lockstep. FFTWX charges 0.62%/yr vs 0.75%/yr for FFFHX.

Performance

FFTWX vs. FFFHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2025 Fund (FFTWX) and Fidelity Freedom 2050 Fund (FFFHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FFTWX achieves a 8.73% return, which is significantly lower than FFFHX's 14.64% return. Over the past 10 years, FFTWX has underperformed FFFHX with an annualized return of 8.42%, while FFFHX has yielded a comparatively higher 12.62% annualized return.

FFTWX

• 1D: 0.96%
• 1M: 2.27%
• YTD: 8.73%
• 6M: 8.85%
• 1Y: 19.72%
• 3Y*: 12.88%
• 5Y*: 6.14%
• 10Y*: 8.42%

FFFHX

• 1D: 1.47%
• 1M: 3.28%
• YTD: 14.64%
• 6M: 14.69%
• 1Y: 32.11%
• 3Y*: 19.95%
• 5Y*: 10.89%
• 10Y*: 12.62%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FFTWX vs. FFFHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FFTWX Fidelity Freedom 2025 Fund	8.73%	16.46%	8.20%	14.10%	-16.66%	10.09%	14.70%	19.45%	-5.93%	15.57%
FFFHX Fidelity Freedom 2050 Fund	14.64%	23.72%	14.11%	20.45%	-18.29%	16.59%	18.25%	25.33%	-8.90%	22.29%

Correlation

The correlation between FFTWX and FFFHX is 0.97 - 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	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jun 2, 2006	0.98

The correlation between FFTWX and FFFHX has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.

Return for Risk

FFTWX vs. FFFHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FFTWX

FFTWX Risk / Return Rank: 73
FFTWX Sharpe Ratio Rank: 73
FFTWX Sortino Ratio Rank: 72
FFTWX Omega Ratio Rank: 76
FFTWX Calmar Ratio Rank: 69
FFTWX Martin Ratio Rank: 75

FFFHX

FFFHX Risk / Return Rank: 76
FFFHX Sharpe Ratio Rank: 76
FFFHX Sortino Ratio Rank: 71
FFFHX Omega Ratio Rank: 73
FFFHX Calmar Ratio Rank: 77
FFFHX Martin Ratio Rank: 83

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.

FFTWX vs. FFFHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2025 Fund (FFTWX) and Fidelity Freedom 2050 Fund (FFFHX). 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.

	FFTWX	FFFHX	Difference
Sharpe ratio: Return per unit of total volatility	2.28	2.33	-0.05
Sortino ratio: Return per unit of downside risk	3.22	3.18	+0.04
Omega ratio: Gain probability vs. loss probability	1.45	1.43	+0.01
Calmar ratio: Return relative to maximum drawdown	3.07	3.28	-0.21
Martin ratio: Return relative to average drawdown	13.18	14.30	-1.12

FFTWX vs. FFFHX - Sharpe Ratio Comparison

The current FFTWX Sharpe Ratio is 2.28, which is comparable to the FFFHX Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of FFTWX and FFFHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FFTWX vs. FFFHX - Drawdown Comparison

The maximum FFTWX drawdown since its inception was -47.51%, smaller than the maximum FFFHX drawdown of -56.38%. Use the drawdown chart below to compare losses from any high point for FFTWX and FFFHX.

Drawdown Indicators

	FFTWX	FFFHX	Difference
Max Drawdown Largest peak-to-trough decline	-47.51%	-56.38%	+8.87%
Max Drawdown (1Y) Largest decline over 1 year	-6.40%	-9.70%	+3.30%
Max Drawdown (3Y) Largest decline over 3 years	-8.87%	-15.36%	+6.49%
Max Drawdown (5Y) Largest decline over 5 years	-23.66%	-27.39%	+3.73%
Max Drawdown (10Y) Largest decline over 10 years	-23.66%	-30.91%	+7.25%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.56%	-8.81%	+3.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.49%	2.22%	-0.73%

Volatility

FFTWX vs. FFFHX - Volatility Comparison

The current volatility for Fidelity Freedom 2025 Fund (FFTWX) is 3.66%, while Fidelity Freedom 2050 Fund (FFFHX) has a volatility of 5.73%. This indicates that FFTWX experiences smaller price fluctuations and is considered to be less risky than FFFHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFTWX	FFFHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.66%	5.73%	-2.07%
Volatility (6M) Calculated over the trailing 6-month period	7.36%	11.60%	-4.24%
Volatility (1Y) Calculated over the trailing 1-year period	8.60%	13.63%	-5.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.04%	15.16%	-5.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.13%	15.44%	-5.31%

FFTWX vs. FFFHX - Expense Ratio Comparison

FFTWX has a 0.62% expense ratio, which is lower than FFFHX's 0.75% expense ratio.

Dividends

FFTWX vs. FFFHX - Dividend Comparison

FFTWX's dividend yield for the trailing twelve months is around 6.73%, more than FFFHX's 5.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFFHX Fidelity Freedom 2050 Fund	5.22%	4.14%	1.86%	1.78%	11.83%	11.76%	4.93%	6.48%	7.69%	3.98%	4.12%	4.16%
FFTWX Fidelity Freedom 2025 Fund	6.73%	6.44%	3.74%	2.08%	9.66%	10.38%	5.75%	6.09%	6.39%	3.04%	3.91%	5.60%

Frequently Asked Questions

Can I hold both FFTWX and FFFHX in my portfolio?

With a correlation of 0.97, FFTWX and FFFHX 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.

Which is riskier, FFTWX or FFFHX?

FFFHX has higher volatility (5.73%) compared to FFTWX (3.66%). In terms of maximum drawdown, FFTWX dropped -47.51% vs FFFHX's -56.38%.

Which has better risk-adjusted returns?

FFFHX currently has the higher Sharpe Ratio (2.33 vs 2.28), 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.