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

Key characteristics


FFWTXFFFCX
YTD Return6.92%6.84%
1Y Return13.60%13.80%
3Y Return (Ann)0.67%0.34%
5Y Return (Ann)3.88%4.11%
Sharpe Ratio2.582.62
Sortino Ratio3.873.98
Omega Ratio1.521.50
Calmar Ratio1.321.23
Martin Ratio15.9415.76
Ulcer Index0.88%0.90%
Daily Std Dev5.42%5.41%
Max Drawdown-17.44%-33.54%
Current Drawdown-1.03%-1.23%

Correlation

-0.50.00.51.01.0

The correlation between FFWTX and FFFCX is 0.97, 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 year-to-date returns for both stocks are quite close, with FFWTX having a 6.92% return and FFFCX slightly lower at 6.84%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
5.09%
4.76%
FFWTX
FFFCX

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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.


FFFCX
Fidelity Freedom 2010 Fund
Expense ratio chart for FFFCX: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
Expense ratio chart for FFWTX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

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.


FFWTX
Sharpe ratio
The chart of Sharpe ratio for FFWTX, currently valued at 2.58, compared to the broader market0.002.004.002.58
Sortino ratio
The chart of Sortino ratio for FFWTX, currently valued at 3.87, compared to the broader market0.005.0010.003.87
Omega ratio
The chart of Omega ratio for FFWTX, currently valued at 1.52, compared to the broader market1.002.003.004.001.52
Calmar ratio
The chart of Calmar ratio for FFWTX, currently valued at 1.32, compared to the broader market0.005.0010.0015.0020.0025.001.32
Martin ratio
The chart of Martin ratio for FFWTX, currently valued at 15.94, compared to the broader market0.0020.0040.0060.0080.00100.0015.94
FFFCX
Sharpe ratio
The chart of Sharpe ratio for FFFCX, currently valued at 2.62, compared to the broader market0.002.004.002.62
Sortino ratio
The chart of Sortino ratio for FFFCX, currently valued at 3.98, compared to the broader market0.005.0010.003.98
Omega ratio
The chart of Omega ratio for FFFCX, currently valued at 1.50, compared to the broader market1.002.003.004.001.50
Calmar ratio
The chart of Calmar ratio for FFFCX, currently valued at 1.23, compared to the broader market0.005.0010.0015.0020.0025.001.23
Martin ratio
The chart of Martin ratio for FFFCX, currently valued at 15.76, compared to the broader market0.0020.0040.0060.0080.00100.0015.76

FFWTX vs. FFFCX - Sharpe Ratio Comparison

The current FFWTX Sharpe Ratio is 2.58, which is comparable to the FFFCX Sharpe Ratio of 2.62. 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.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.58
2.62
FFWTX
FFFCX

Dividends

FFWTX vs. FFFCX - Dividend Comparison

FFWTX's dividend yield for the trailing twelve months is around 2.84%, more than FFFCX's 2.65% yield.


TTM20232022202120202019201820172016201520142013
FFWTX
Fidelity Freedom Index 2010 Fund Institutional Premium Class
2.84%2.74%2.84%1.58%1.36%2.11%2.29%1.69%1.73%1.62%0.00%0.00%
FFFCX
Fidelity Freedom 2010 Fund
2.65%2.72%3.34%2.50%1.20%1.97%2.06%1.46%1.75%4.05%6.17%3.81%

Drawdowns

FFWTX vs. FFFCX - Drawdown Comparison

The maximum FFWTX drawdown since its inception was -17.44%, 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.


-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.03%
-1.23%
FFWTX
FFFCX

Volatility

FFWTX vs. FFFCX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX) is 1.20%, while Fidelity Freedom 2010 Fund (FFFCX) has a volatility of 1.38%. 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.


1.00%1.50%2.00%2.50%JuneJulyAugustSeptemberOctoberNovember
1.20%
1.38%
FFWTX
FFFCX