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

Correlation

The correlation between FFWTX and FNILX 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. FNILX - 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 ZERO Large Cap Index Fund (FNILX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FFWTX:

0.85

FNILX:

0.54

Sortino Ratio

FFWTX:

1.24

FNILX:

0.91

Omega Ratio

FFWTX:

1.16

FNILX:

1.13

Calmar Ratio

FFWTX:

0.65

FNILX:

0.58

Martin Ratio

FFWTX:

3.35

FNILX:

2.21

Ulcer Index

FFWTX:

1.42%

FNILX:

4.97%

Daily Std Dev

FFWTX:

5.54%

FNILX:

19.60%

Max Drawdown

FFWTX:

-22.03%

FNILX:

-33.75%

Current Drawdown

FFWTX:

-1.87%

FNILX:

-7.71%

Returns By Period

In the year-to-date period, FFWTX achieves a 2.10% return, which is significantly higher than FNILX's -3.35% return.


FFWTX

YTD

2.10%

1M

2.83%

6M

0.14%

1Y

5.72%

5Y*

2.80%

10Y*

N/A

FNILX

YTD

-3.35%

1M

7.78%

6M

-4.87%

1Y

10.22%

5Y*

15.79%

10Y*

N/A

*Annualized

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FFWTX vs. FNILX - Expense Ratio Comparison

FFWTX has a 0.08% expense ratio, which is higher than FNILX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

FFWTX vs. FNILX — 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 7676
Overall Rank
The Sharpe Ratio Rank of FFWTX is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of FFWTX is 7575
Sortino Ratio Rank
The Omega Ratio Rank of FFWTX is 7575
Omega Ratio Rank
The Calmar Ratio Rank of FFWTX is 7575
Calmar Ratio Rank
The Martin Ratio Rank of FFWTX is 7979
Martin Ratio Rank

FNILX
The Risk-Adjusted Performance Rank of FNILX is 6565
Overall Rank
The Sharpe Ratio Rank of FNILX is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of FNILX is 6363
Sortino Ratio Rank
The Omega Ratio Rank of FNILX is 6565
Omega Ratio Rank
The Calmar Ratio Rank of FNILX is 7272
Calmar Ratio Rank
The Martin Ratio Rank of FNILX is 6565
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. FNILX - 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 ZERO Large Cap Index Fund (FNILX). 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 0.85, which is higher than the FNILX Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of FFWTX and FNILX, 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. FNILX - Dividend Comparison

FFWTX's dividend yield for the trailing twelve months is around 2.70%, more than FNILX's 1.13% yield.


TTM2024202320222021202020192018201720162015
FFWTX
Fidelity Freedom Index 2010 Fund Institutional Premium Class
2.70%3.24%2.74%2.84%1.58%1.36%2.11%2.29%1.69%1.73%1.62%
FNILX
Fidelity ZERO Large Cap Index Fund
1.13%1.09%1.34%1.53%0.95%1.20%1.17%0.41%0.00%0.00%0.00%

Drawdowns

FFWTX vs. FNILX - Drawdown Comparison

The maximum FFWTX drawdown since its inception was -22.03%, smaller than the maximum FNILX drawdown of -33.75%. Use the drawdown chart below to compare losses from any high point for FFWTX and FNILX. For additional features, visit the drawdowns tool.


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Volatility

FFWTX vs. FNILX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX) is 1.84%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 6.89%. This indicates that FFWTX experiences smaller price fluctuations and is considered to be less risky than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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