FFVTX vs. DTDRX

Last updated Aug 1, 2026

FFVTX (Fidelity Advisor Freedom 2015 Fund Class M) and DTDRX (Dimensional 2065 Target Date Retirement Income Fund) are both Target Retirement Date funds. Over the past 5 years, FFVTX returned 3.17%/yr vs 10.94%/yr for DTDRX. Their correlation of 0.86 means they have usually moved in the same direction. FFVTX charges 1.04%/yr vs 0.22%/yr for DTDRX.

Performance

FFVTX vs. DTDRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2015 Fund Class M (FFVTX) and Dimensional 2065 Target Date Retirement Income Fund (DTDRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FFVTX achieves a 4.15% return, which is significantly lower than DTDRX's 10.77% return.

FFVTX

• 1D: 0.91%
• 1M: -0.89%
• 6M: 2.47%
• YTD: 4.15%
• 1Y: 9.10%
• 3Y*: 8.36%
• 5Y*: 3.17%
• 10Y*: 5.66%
• ALL TIME*: 4.79%

DTDRX

• 1D: 1.70%
• 1M: -0.16%
• 6M: 7.56%
• YTD: 10.77%
• 1Y: 20.92%
• 3Y*: 17.11%
• 5Y*: 10.94%
• 10Y*: —
• ALL TIME*: 12.56%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DTDRX Dimensional 2065 Target Date Retirement Income Fund	$0.00	$0.00	$0.00
FFVTX Fidelity Advisor Freedom 2015 Fund Class M	$0.00	$0.00	$0.00

FFVTX vs. DTDRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FFVTX Fidelity Advisor Freedom 2015 Fund Class M	4.15%	12.33%	5.62%	10.42%	-15.02%	6.59%	11.52%	0.08%
DTDRX Dimensional 2065 Target Date Retirement Income Fund	10.77%	19.28%	17.13%	21.29%	-15.25%	20.99%	13.15%	0.00%

Correlation

The correlation between FFVTX and DTDRX is 0.86, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.86
Correlation (3Y) Balances recent behavior with more history.	0.81
Correlation (5Y) Shows whether the relationship held over a longer period.	0.84
Correlation (All Time) Calculated using the full available price history since Dec 31, 2019	0.86

The correlation between FFVTX and DTDRX has been stable across timeframes, ranging from 0.81 to 0.86 - a consistent structural relationship.

Return for Risk

FFVTX vs. DTDRX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FFVTX

FFVTX Risk / Return Rank: 48
FFVTX Sharpe Ratio Rank: 46
FFVTX Sortino Ratio Rank: 45
FFVTX Omega Ratio Rank: 48
FFVTX Calmar Ratio Rank: 46
FFVTX Martin Ratio Rank: 53

DTDRX

DTDRX Risk / Return Rank: 77
DTDRX Sharpe Ratio Rank: 76
DTDRX Sortino Ratio Rank: 74
DTDRX Omega Ratio Rank: 73
DTDRX Calmar Ratio Rank: 77
DTDRX Martin Ratio Rank: 84

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FFVTX vs. DTDRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2015 Fund Class M (FFVTX) and Dimensional 2065 Target Date Retirement Income Fund (DTDRX). 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.

	FFVTX	DTDRX	Difference
Sharpe ratio: Return per unit of total volatility	1.38	1.80	-0.43
Sortino ratio: Return per unit of downside risk	1.97	2.54	-0.57
Omega ratio: Gain probability vs. loss probability	1.26	1.32	-0.06
Calmar ratio: Return relative to maximum drawdown	1.90	2.54	-0.64
Martin ratio: Return relative to average drawdown	7.63	10.65	-3.02

FFVTX vs. DTDRX - Sharpe Ratio Comparison

The current FFVTX Sharpe Ratio is 1.38, which is comparable to the DTDRX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of FFVTX and DTDRX, 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

FFVTX vs. DTDRX - Drawdown Comparison

The maximum FFVTX drawdown since its inception was -40.71%, which is greater than DTDRX's maximum drawdown of -33.33%. Use the drawdown chart below to compare losses from any high point for FFVTX and DTDRX.

Drawdown Indicators

	FFVTX	DTDRX	Difference
Max Drawdown Largest peak-to-trough decline	-40.71%	-33.33%	-7.38%
Max Drawdown (1Y) Largest decline over 1 year	-4.77%	-8.57%	+3.80%
Max Drawdown (3Y) Largest decline over 3 years	-5.84%	-15.95%	+10.11%
Max Drawdown (5Y) Largest decline over 5 years	-20.84%	-23.47%	+2.63%
Max Drawdown (10Y) Largest decline over 10 years	-20.84%	—	—
Current Drawdown Current decline from peak	-1.51%	-1.44%	-0.07%
Average Drawdown Average peak-to-trough decline	-4.55%	-5.01%	+0.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.18%	1.99%	-0.81%

Volatility

FFVTX vs. DTDRX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom 2015 Fund Class M (FFVTX) is 2.09%, while Dimensional 2065 Target Date Retirement Income Fund (DTDRX) has a volatility of 3.40%. This indicates that FFVTX experiences smaller price fluctuations and is considered to be less risky than DTDRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FFVTX	DTDRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.09%	3.40%	-1.31%
Volatility (6M) Calculated over the trailing 6-month period	5.74%	9.87%	-4.13%
Volatility (1Y) Calculated over the trailing 1-year period	6.57%	12.06%	-5.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.67%	14.98%	-7.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.68%	19.06%	-11.38%

FFVTX vs. DTDRX - Expense Ratio Comparison

FFVTX has a 1.04% expense ratio, which is higher than DTDRX's 0.22% expense ratio.

Dividends

FFVTX vs. DTDRX - Dividend Comparison

FFVTX's dividend yield for the trailing twelve months is around 6.51%, more than DTDRX's 1.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DTDRX Dimensional 2065 Target Date Retirement Income Fund	1.86%	1.31%	2.07%	1.94%	2.01%	1.53%	2.55%	0.00%	0.00%	0.00%	0.00%	0.00%
FFVTX Fidelity Advisor Freedom 2015 Fund Class M	6.51%	6.57%	3.77%	2.11%	7.83%	10.05%	6.74%	6.60%	10.19%	5.66%	4.37%	5.18%

Frequently Asked Questions

Can I hold both FFVTX and DTDRX in my portfolio?

FFVTX and DTDRX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FFVTX or DTDRX?

DTDRX has higher volatility (3.40%) compared to FFVTX (2.09%). In terms of maximum drawdown, FFVTX dropped -40.71% vs DTDRX's -33.33%.

Which has better risk-adjusted returns?

DTDRX currently has the higher Sharpe Ratio (1.80 vs 1.38), 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.