FFVFX vs. FBALX
Compare and contrast key facts about Fidelity Freedom 2015 Fund (FFVFX) and Fidelity Balanced Fund (FBALX).
FFVFX is managed by Fidelity. It was launched on Nov 6, 2003. FBALX is managed by Fidelity. It was launched on Nov 6, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFVFX or FBALX.
Correlation
The correlation between FFVFX and FBALX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FFVFX vs. FBALX - Performance Comparison
Key characteristics
FFVFX:
1.29
FBALX:
1.13
FFVFX:
1.86
FBALX:
1.56
FFVFX:
1.23
FBALX:
1.21
FFVFX:
0.54
FBALX:
0.92
FFVFX:
5.46
FBALX:
5.45
FFVFX:
1.45%
FBALX:
1.94%
FFVFX:
6.12%
FBALX:
9.41%
FFVFX:
-35.81%
FBALX:
-42.81%
FFVFX:
-7.51%
FBALX:
-2.62%
Returns By Period
In the year-to-date period, FFVFX achieves a 2.71% return, which is significantly higher than FBALX's 1.69% return. Over the past 10 years, FFVFX has underperformed FBALX with an annualized return of 1.28%, while FBALX has yielded a comparatively higher 4.81% annualized return.
FFVFX
2.71%
1.12%
0.74%
7.32%
0.28%
1.28%
FBALX
1.69%
-0.82%
-0.01%
9.03%
4.82%
4.81%
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FFVFX vs. FBALX - Expense Ratio Comparison
FFVFX has a 0.54% expense ratio, which is higher than FBALX's 0.51% expense ratio.
Risk-Adjusted Performance
FFVFX vs. FBALX — Risk-Adjusted Performance Rank
FFVFX
FBALX
FFVFX vs. FBALX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2015 Fund (FFVFX) and Fidelity Balanced Fund (FBALX). 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.
Dividends
FFVFX vs. FBALX - Dividend Comparison
FFVFX's dividend yield for the trailing twelve months is around 2.77%, more than FBALX's 1.78% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFVFX Fidelity Freedom 2015 Fund | 2.77% | 2.85% | 2.47% | 3.25% | 2.49% | 1.17% | 1.89% | 2.02% | 1.40% | 1.74% | 4.15% | 8.18% |
FBALX Fidelity Balanced Fund | 1.78% | 1.81% | 1.70% | 1.47% | 0.88% | 1.29% | 1.70% | 1.85% | 1.58% | 1.61% | 7.96% | 10.55% |
Drawdowns
FFVFX vs. FBALX - Drawdown Comparison
The maximum FFVFX drawdown since its inception was -35.81%, smaller than the maximum FBALX drawdown of -42.81%. Use the drawdown chart below to compare losses from any high point for FFVFX and FBALX. For additional features, visit the drawdowns tool.
Volatility
FFVFX vs. FBALX - Volatility Comparison
The current volatility for Fidelity Freedom 2015 Fund (FFVFX) is 1.51%, while Fidelity Balanced Fund (FBALX) has a volatility of 2.65%. This indicates that FFVFX experiences smaller price fluctuations and is considered to be less risky than FBALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.