FFVFX vs. VWENX
FFVFX (Fidelity Freedom 2015 Fund) and VWENX (Vanguard Wellington Fund Admiral Shares) are both mutual funds - FFVFX is a Target Retirement Date fund managed by Fidelity, while VWENX is a Diversified Portfolio fund actively managed by Vanguard. Over the past 10 years, FFVFX returned 6.89%/yr vs 10.41%/yr for VWENX. Their correlation of 0.89 suggests significant overlap in exposure. FFVFX charges 0.54%/yr vs 0.16%/yr for VWENX.
Performance
FFVFX vs. VWENX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with FFVFX having a 6.19% return and VWENX slightly lower at 6.13%. Over the past 10 years, FFVFX has underperformed VWENX with an annualized return of 6.89%, while VWENX has yielded a comparatively higher 10.41% annualized return.
FFVFX
- 1D
- -0.24%
- 1M
- 1.37%
- YTD
- 6.19%
- 6M
- 6.12%
- 1Y
- 13.93%
- 3Y*
- 10.35%
- 5Y*
- 4.37%
- 10Y*
- 6.89%
VWENX
- 1D
- -0.41%
- 1M
- 0.39%
- YTD
- 6.13%
- 6M
- 5.53%
- 1Y
- 18.65%
- 3Y*
- 15.16%
- 5Y*
- 8.72%
- 10Y*
- 10.41%
FFVFX vs. VWENX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFVFX Fidelity Freedom 2015 Fund | 6.19% | 13.19% | 6.20% | 11.38% | -14.63% | 7.31% | 12.46% | 16.28% | -4.56% | 12.99% |
VWENX Vanguard Wellington Fund Admiral Shares | 6.13% | 16.63% | 14.82% | 14.40% | -14.31% | 19.09% | 10.66% | 22.61% | -3.35% | 14.05% |
Correlation
The correlation between FFVFX and VWENX is 0.88, 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 | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.87 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Jan 8, 2003 | 0.89 |
The correlation between FFVFX and VWENX has been stable across timeframes, ranging from 0.86 to 0.89 - a consistent structural relationship.
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Return for Risk
FFVFX vs. VWENX — Risk / Return Rank
FFVFX
VWENX
FFVFX vs. VWENX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2015 Fund (FFVFX) and Vanguard Wellington Fund Admiral Shares (VWENX). 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.
| FFVFX | VWENX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.08 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.40 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.08 | 2.88 | +0.20 |
| Martin ratioReturn relative to average drawdown | 13.23 | 12.97 | +0.26 |
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Drawdowns
FFVFX vs. VWENX - Drawdown Comparison
The maximum FFVFX drawdown since its inception was -39.04%, which is greater than VWENX's maximum drawdown of -36.02%. Use the drawdown chart below to compare losses from any high point for FFVFX and VWENX.
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Drawdown Indicators
| FFVFX | VWENX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -39.04% | -36.02% | -3.02% |
Max Drawdown (1Y)Largest decline over 1 year | -4.69% | -6.77% | +2.08% |
Max Drawdown (3Y)Largest decline over 3 years | -6.75% | -11.98% | +5.23% |
Max Drawdown (5Y)Largest decline over 5 years | -20.44% | -20.84% | +0.40% |
Max Drawdown (10Y)Largest decline over 10 years | -20.44% | -25.33% | +4.89% |
Current DrawdownCurrent decline from peak | -0.24% | -0.95% | +0.71% |
Average DrawdownAverage peak-to-trough decline | -4.30% | -4.35% | +0.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.09% | 1.50% | -0.41% |
Volatility
FFVFX vs. VWENX - Volatility Comparison
The current volatility for Fidelity Freedom 2015 Fund (FFVFX) is 2.71%, while Vanguard Wellington Fund Admiral Shares (VWENX) has a volatility of 3.58%. This indicates that FFVFX experiences smaller price fluctuations and is considered to be less risky than VWENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFVFX | VWENX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.71% | 3.58% | -0.87% |
Volatility (6M)Calculated over the trailing 6-month period | 5.52% | 7.33% | -1.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.42% | 8.98% | -2.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.65% | 11.22% | -3.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.68% | 11.57% | -3.89% |
FFVFX vs. VWENX - Expense Ratio Comparison
FFVFX has a 0.54% expense ratio, which is higher than VWENX's 0.16% expense ratio.
Dividends
FFVFX vs. VWENX - Dividend Comparison
FFVFX's dividend yield for the trailing twelve months is around 6.42%, less than VWENX's 10.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFVFX Fidelity Freedom 2015 Fund | 6.42% | 6.48% | 3.94% | 2.61% | 8.38% | 10.74% | 6.83% | 6.70% | 7.96% | 3.71% | 3.72% | 5.55% |
VWENX Vanguard Wellington Fund Admiral Shares | 10.99% | 11.55% | 10.85% | 6.08% | 8.28% | 8.72% | 7.85% | 4.74% | 9.58% | 5.88% | 4.53% | 6.58% |
Frequently Asked Questions
FFVFX and VWENX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VWENX has higher volatility (3.58%) compared to FFVFX (2.71%). In terms of maximum drawdown, FFVFX dropped -39.04% vs VWENX's -36.02%.
FFVFX currently has the higher Sharpe Ratio (2.26 vs 2.18), 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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