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

Correlation

The correlation between FFTWX and HYLS is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

FFTWX vs. HYLS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2025 Fund (FFTWX) and First Trust Tactical High Yield ETF (HYLS). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
2.47%
5.12%
FFTWX
HYLS

Key characteristics

Sharpe Ratio

FFTWX:

1.25

HYLS:

1.71

Sortino Ratio

FFTWX:

1.78

HYLS:

2.37

Omega Ratio

FFTWX:

1.22

HYLS:

1.32

Calmar Ratio

FFTWX:

1.20

HYLS:

2.64

Martin Ratio

FFTWX:

7.02

HYLS:

9.55

Ulcer Index

FFTWX:

1.40%

HYLS:

0.72%

Daily Std Dev

FFTWX:

7.88%

HYLS:

4.04%

Max Drawdown

FFTWX:

-44.91%

HYLS:

-22.99%

Current Drawdown

FFTWX:

-3.29%

HYLS:

-0.49%

Returns By Period

In the year-to-date period, FFTWX achieves a 8.57% return, which is significantly higher than HYLS's 6.40% return. Over the past 10 years, FFTWX has outperformed HYLS with an annualized return of 6.46%, while HYLS has yielded a comparatively lower 4.03% annualized return.


FFTWX

YTD

8.57%

1M

-0.70%

6M

2.54%

1Y

9.17%

5Y*

5.52%

10Y*

6.46%

HYLS

YTD

6.40%

1M

0.49%

6M

5.15%

1Y

6.66%

5Y*

2.91%

10Y*

4.03%

Compare stocks, funds, or ETFs

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


FFTWX vs. HYLS - Expense Ratio Comparison

FFTWX has a 0.62% expense ratio, which is lower than HYLS's 1.01% expense ratio.


HYLS
First Trust Tactical High Yield ETF
Expense ratio chart for HYLS: current value at 1.01% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.01%
Expense ratio chart for FFTWX: current value at 0.62% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.62%

Risk-Adjusted Performance

FFTWX vs. HYLS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2025 Fund (FFTWX) and First Trust Tactical High Yield ETF (HYLS). 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 FFTWX, currently valued at 1.25, compared to the broader market-1.000.001.002.003.004.001.251.71
The chart of Sortino ratio for FFTWX, currently valued at 1.78, compared to the broader market-2.000.002.004.006.008.0010.001.782.37
The chart of Omega ratio for FFTWX, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.003.501.221.32
The chart of Calmar ratio for FFTWX, currently valued at 1.20, compared to the broader market0.002.004.006.008.0010.0012.0014.001.202.64
The chart of Martin ratio for FFTWX, currently valued at 7.02, compared to the broader market0.0020.0040.0060.007.029.55
FFTWX
HYLS

The current FFTWX Sharpe Ratio is 1.25, which is comparable to the HYLS Sharpe Ratio of 1.71. The chart below compares the historical Sharpe Ratios of FFTWX and HYLS, 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.25
1.71
FFTWX
HYLS

Dividends

FFTWX vs. HYLS - Dividend Comparison

FFTWX's dividend yield for the trailing twelve months is around 2.03%, less than HYLS's 6.76% yield.


TTM20232022202120202019201820172016201520142013
FFTWX
Fidelity Freedom 2025 Fund
2.03%2.05%2.89%2.42%1.09%1.72%1.84%1.28%1.63%4.17%8.80%5.88%
HYLS
First Trust Tactical High Yield ETF
6.23%5.98%7.38%5.48%5.09%5.17%5.81%5.53%5.37%6.11%5.78%5.10%

Drawdowns

FFTWX vs. HYLS - Drawdown Comparison

The maximum FFTWX drawdown since its inception was -44.91%, which is greater than HYLS's maximum drawdown of -22.99%. Use the drawdown chart below to compare losses from any high point for FFTWX and HYLS. For additional features, visit the drawdowns tool.


-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.29%
-0.49%
FFTWX
HYLS

Volatility

FFTWX vs. HYLS - Volatility Comparison

Fidelity Freedom 2025 Fund (FFTWX) has a higher volatility of 2.49% compared to First Trust Tactical High Yield ETF (HYLS) at 1.27%. This indicates that FFTWX's price experiences larger fluctuations and is considered to be riskier than HYLS 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
2.49%
1.27%
FFTWX
HYLS
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