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FFWTX vs. FFFCX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FFWTX and FFFCX is 0.80, 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

FFWTX vs. FFFCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX) and Fidelity Freedom 2010 Fund (FFFCX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FFWTX:

0.98

FFFCX:

0.96

Sortino Ratio

FFWTX:

1.55

FFFCX:

1.52

Omega Ratio

FFWTX:

1.20

FFFCX:

1.20

Calmar Ratio

FFWTX:

0.80

FFFCX:

0.58

Martin Ratio

FFWTX:

4.13

FFFCX:

4.75

Ulcer Index

FFWTX:

1.43%

FFFCX:

1.32%

Daily Std Dev

FFWTX:

5.46%

FFFCX:

5.95%

Max Drawdown

FFWTX:

-22.03%

FFFCX:

-33.54%

Current Drawdown

FFWTX:

-1.33%

FFFCX:

-4.80%

Returns By Period

In the year-to-date period, FFWTX achieves a 2.67% return, which is significantly lower than FFFCX's 2.95% return.


FFWTX

YTD

2.67%

1M

2.43%

6M

1.83%

1Y

5.31%

5Y*

3.04%

10Y*

N/A

FFFCX

YTD

2.95%

1M

2.44%

6M

2.78%

1Y

5.65%

5Y*

2.22%

10Y*

1.24%

*Annualized

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FFWTX vs. FFFCX - Expense Ratio Comparison

FFWTX has a 0.08% expense ratio, which is lower than FFFCX's 0.49% expense ratio.


Risk-Adjusted Performance

FFWTX vs. FFFCX — Risk-Adjusted Performance Rank

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

FFWTX
The Risk-Adjusted Performance Rank of FFWTX is 8181
Overall Rank
The Sharpe Ratio Rank of FFWTX is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of FFWTX is 8282
Sortino Ratio Rank
The Omega Ratio Rank of FFWTX is 8181
Omega Ratio Rank
The Calmar Ratio Rank of FFWTX is 7777
Calmar Ratio Rank
The Martin Ratio Rank of FFWTX is 8181
Martin Ratio Rank

FFFCX
The Risk-Adjusted Performance Rank of FFFCX is 7878
Overall Rank
The Sharpe Ratio Rank of FFFCX is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of FFFCX is 8181
Sortino Ratio Rank
The Omega Ratio Rank of FFFCX is 8080
Omega Ratio Rank
The Calmar Ratio Rank of FFFCX is 6464
Calmar Ratio Rank
The Martin Ratio Rank of FFFCX is 8585
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FFWTX vs. FFFCX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX) and Fidelity Freedom 2010 Fund (FFFCX). 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.


The current FFWTX Sharpe Ratio is 0.98, which is comparable to the FFFCX Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of FFWTX and FFFCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FFWTX vs. FFFCX - Dividend Comparison

FFWTX's dividend yield for the trailing twelve months is around 3.17%, more than FFFCX's 2.99% yield.


TTM20242023202220212020201920182017201620152014
FFWTX
Fidelity Freedom Index 2010 Fund Institutional Premium Class
3.17%3.24%2.74%2.84%1.58%1.36%2.11%2.29%1.69%1.73%1.62%0.00%
FFFCX
Fidelity Freedom 2010 Fund
2.99%2.99%2.72%3.34%2.50%1.20%1.97%2.06%1.46%1.75%4.05%6.17%

Drawdowns

FFWTX vs. FFFCX - Drawdown Comparison

The maximum FFWTX drawdown since its inception was -22.03%, smaller than the maximum FFFCX drawdown of -33.54%. Use the drawdown chart below to compare losses from any high point for FFWTX and FFFCX. For additional features, visit the drawdowns tool.


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Volatility

FFWTX vs. FFFCX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX) is 1.52%, while Fidelity Freedom 2010 Fund (FFFCX) has a volatility of 1.65%. This indicates that FFWTX experiences smaller price fluctuations and is considered to be less risky than FFFCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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