FFWTX vs. FIWFX
FFWTX (Fidelity Freedom Index 2010 Fund Institutional Premium Class) and FIWFX (Fidelity Freedom Index 2015 Fund Institutional Premium Class) are both Target Retirement Date funds from Fidelity. Over the past 10 years, FFWTX returned 5.49%/yr vs 6.40%/yr for FIWFX. With a 0.98 correlation, they move nearly in lockstep. Both charge a 0.08% expense ratio.
Performance
FFWTX vs. FIWFX - Performance Comparison
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Returns By Period
In the year-to-date period, FFWTX achieves a 4.27% return, which is significantly lower than FIWFX's 4.94% return. Over the past 10 years, FFWTX has underperformed FIWFX with an annualized return of 5.49%, while FIWFX has yielded a comparatively higher 6.40% annualized return.
FFWTX
- 1D
- -0.35%
- 1M
- 1.27%
- YTD
- 4.27%
- 6M
- 4.45%
- 1Y
- 10.70%
- 3Y*
- 8.50%
- 5Y*
- 3.52%
- 10Y*
- 5.49%
FIWFX
- 1D
- -0.38%
- 1M
- 1.51%
- YTD
- 4.94%
- 6M
- 5.23%
- 1Y
- 12.66%
- 3Y*
- 9.79%
- 5Y*
- 4.16%
- 10Y*
- 6.40%
FFWTX vs. FIWFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFWTX Fidelity Freedom Index 2010 Fund Institutional Premium Class | 4.27% | 10.16% | 5.83% | 9.88% | -12.97% | 5.15% | 10.45% | 14.36% | -2.58% | 10.73% |
FIWFX Fidelity Freedom Index 2015 Fund Institutional Premium Class | 4.94% | 11.81% | 6.76% | 11.32% | -14.44% | 6.84% | 11.61% | 16.47% | -3.39% | 12.67% |
Correlation
The correlation between FFWTX and FIWFX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.98 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2015 | 0.98 |
The correlation between FFWTX and FIWFX has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.
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Return for Risk
FFWTX vs. FIWFX — Risk / Return Rank
FFWTX
FIWFX
FFWTX vs. FIWFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX) and Fidelity Freedom Index 2015 Fund Institutional Premium Class (FIWFX). 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 | FIWFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.49 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.04 | 3.05 | -0.02 |
| Martin ratioReturn relative to average drawdown | 13.52 | 13.51 | 0.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FFWTX | FIWFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.54 | 2.49 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.57 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | 0.86 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 0.79 | +0.04 |
Drawdowns
FFWTX vs. FIWFX - Drawdown Comparison
The maximum FFWTX drawdown since its inception was -17.44%, smaller than the maximum FIWFX drawdown of -19.50%. Use the drawdown chart below to compare losses from any high point for FFWTX and FIWFX.
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Drawdown Indicators
| FFWTX | FIWFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.44% | -19.50% | +2.06% |
Max Drawdown (1Y)Largest decline over 1 year | -3.68% | -4.31% | +0.63% |
Max Drawdown (3Y)Largest decline over 3 years | -5.72% | -6.72% | +1.00% |
Max Drawdown (5Y)Largest decline over 5 years | -17.44% | -19.50% | +2.06% |
Max Drawdown (10Y)Largest decline over 10 years | -17.44% | -19.50% | +2.06% |
Current DrawdownCurrent decline from peak | -0.35% | -0.38% | +0.03% |
Average DrawdownAverage peak-to-trough decline | -2.90% | -3.29% | +0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.82% | 0.97% | -0.15% |
Volatility
FFWTX vs. FIWFX - Volatility Comparison
The current volatility for Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX) is 1.64%, while Fidelity Freedom Index 2015 Fund Institutional Premium Class (FIWFX) has a volatility of 1.89%. This indicates that FFWTX experiences smaller price fluctuations and is considered to be less risky than FIWFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFWTX | FIWFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.64% | 1.89% | -0.25% |
Volatility (6M)Calculated over the trailing 6-month period | 3.64% | 4.33% | -0.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.40% | 5.29% | -0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.09% | 7.29% | -1.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.11% | 7.50% | -1.39% |
FFWTX vs. FIWFX - Expense Ratio Comparison
Both FFWTX and FIWFX have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
FFWTX vs. FIWFX - Dividend Comparison
FFWTX's dividend yield for the trailing twelve months is around 3.79%, less than FIWFX's 4.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFWTX Fidelity Freedom Index 2010 Fund Institutional Premium Class | 3.79% | 4.56% | 5.03% | 3.32% | 3.76% | 3.70% | 2.59% | 16.46% | 4.78% | 2.64% | 1.91% | 1.62% |
FIWFX Fidelity Freedom Index 2015 Fund Institutional Premium Class | 4.89% | 5.46% | 5.21% | 2.60% | 3.14% | 2.90% | 2.67% | 18.25% | 3.19% | 1.99% | 1.91% | 1.77% |
Frequently Asked Questions
With a correlation of 0.98, FFWTX and FIWFX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FIWFX has higher volatility (1.89%) compared to FFWTX (1.64%). In terms of maximum drawdown, FFWTX dropped -17.44% vs FIWFX's -19.50%.
FFWTX currently has the higher Sharpe Ratio (2.54 vs 2.49), 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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