FFWTX vs. FIWTX
Compare and contrast key facts about Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX) and Fidelity Freedom Index 2020 Fund Institutional Premium Class (FIWTX).
FFWTX is managed by Fidelity. It was launched on Oct 2, 2009. FIWTX is managed by Fidelity. It was launched on Oct 2, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFWTX or FIWTX.
Key characteristics
| FFWTX | FIWTX | |
|---|---|---|
| YTD Return | 6.37% | 8.85% |
| 1Y Return | 13.01% | 17.20% |
| 3Y Return (Ann) | 0.49% | 0.94% |
| 5Y Return (Ann) | 3.75% | 5.29% |
| Sharpe Ratio | 2.39 | 2.41 |
| Sortino Ratio | 3.58 | 3.57 |
| Omega Ratio | 1.47 | 1.47 |
| Calmar Ratio | 1.23 | 1.37 |
| Martin Ratio | 14.75 | 15.38 |
| Ulcer Index | 0.88% | 1.12% |
| Daily Std Dev | 5.44% | 7.13% |
| Max Drawdown | -17.44% | -21.59% |
| Current Drawdown | -1.55% | -1.43% |
Correlation
The correlation between FFWTX and FIWTX 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. FIWTX - Performance Comparison
In the year-to-date period, FFWTX achieves a 6.37% return, which is significantly lower than FIWTX's 8.85% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FFWTX vs. FIWTX - Expense Ratio Comparison
Both FFWTX and FIWTX 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%.
Risk-Adjusted Performance
FFWTX vs. FIWTX - 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 Index 2020 Fund Institutional Premium Class (FIWTX). 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.
Dividends
FFWTX vs. FIWTX - Dividend Comparison
FFWTX's dividend yield for the trailing twelve months is around 2.85%, more than FIWTX's 2.52% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFWTX Fidelity Freedom Index 2010 Fund Institutional Premium Class | 2.85% | 2.74% | 2.84% | 1.58% | 1.36% | 2.11% | 2.29% | 1.69% | 1.73% | 1.62% |
FIWTX Fidelity Freedom Index 2020 Fund Institutional Premium Class | 2.52% | 2.47% | 2.67% | 1.61% | 1.41% | 2.07% | 2.23% | 1.76% | 1.86% | 1.79% |
Drawdowns
FFWTX vs. FIWTX - Drawdown Comparison
The maximum FFWTX drawdown since its inception was -17.44%, smaller than the maximum FIWTX drawdown of -21.59%. Use the drawdown chart below to compare losses from any high point for FFWTX and FIWTX. For additional features, visit the drawdowns tool.
Volatility
FFWTX vs. FIWTX - Volatility Comparison
The current volatility for Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX) is 1.30%, while Fidelity Freedom Index 2020 Fund Institutional Premium Class (FIWTX) has a volatility of 1.79%. This indicates that FFWTX experiences smaller price fluctuations and is considered to be less risky than FIWTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.