FHABX vs. FDEEX

Last updated Jun 4, 2026

FHABX (Fidelity Advisor Freedom Blend 2010 Fund Class A) and FDEEX (Fidelity Freedom 2055 Fund) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FHABX returned 3.24%/yr vs 10.18%/yr for FDEEX. Their correlation of 0.86 suggests significant overlap in exposure. FHABX charges 0.66%/yr vs 0.75%/yr for FDEEX.

Performance

FHABX vs. FDEEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom Blend 2010 Fund Class A (FHABX) and Fidelity Freedom 2055 Fund (FDEEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FHABX achieves a 5.25% return, which is significantly lower than FDEEX's 13.82% return.

FHABX

• 1D: 0.27%
• 1M: 2.02%
• YTD: 5.25%
• 6M: 5.54%
• 1Y: 12.42%
• 3Y*: 8.62%
• 5Y*: 3.24%
• 10Y*: —

FDEEX

• 1D: 0.58%
• 1M: 5.11%
• YTD: 13.82%
• 6M: 15.67%
• 1Y: 31.26%
• 3Y*: 20.70%
• 5Y*: 10.18%
• 10Y*: 12.30%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FHABX vs. FDEEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FHABX Fidelity Advisor Freedom Blend 2010 Fund Class A	5.25%	10.84%	4.74%	9.46%	-13.82%	4.88%	10.39%	14.06%	-4.67%
FDEEX Fidelity Freedom 2055 Fund	13.82%	23.74%	14.02%	20.55%	-19.19%	16.57%	18.26%	25.35%	-12.52%

Correlation

The correlation between FHABX and FDEEX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (All Time) Calculated using the full available price history since Sep 4, 2018	0.86

The correlation between FHABX and FDEEX has been stable across timeframes, ranging from 0.83 to 0.87 - a consistent structural relationship.

Return for Risk

FHABX vs. FDEEX — Risk / Return Rank

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

FHABX

FHABX Risk / Return Rank: 72
FHABX Sharpe Ratio Rank: 75
FHABX Sortino Ratio Rank: 76
FHABX Omega Ratio Rank: 77
FHABX Calmar Ratio Rank: 63
FHABX Martin Ratio Rank: 70

FDEEX

FDEEX Risk / Return Rank: 71
FDEEX Sharpe Ratio Rank: 73
FDEEX Sortino Ratio Rank: 67
FDEEX Omega Ratio Rank: 68
FDEEX Calmar Ratio Rank: 70
FDEEX Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FHABX vs. FDEEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Blend 2010 Fund Class A (FHABX) and Fidelity Freedom 2055 Fund (FDEEX). 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.

	FHABX	FDEEX	Difference
Sharpe ratio: Return per unit of total volatility	2.52	2.49	+0.04
Sortino ratio: Return per unit of downside risk	3.67	3.42	+0.25
Omega ratio: Gain probability vs. loss probability	1.51	1.46	+0.05
Calmar ratio: Return relative to maximum drawdown	3.06	3.24	-0.18
Martin ratio: Return relative to average drawdown	13.42	14.47	-1.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FHABX vs. FDEEX - Sharpe Ratio Comparison

The current FHABX Sharpe Ratio is 2.52, which is comparable to the FDEEX Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of FHABX and FDEEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FHABX	FDEEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.52	2.49	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.68	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	0.69	+0.06

Drawdowns

FHABX vs. FDEEX - Drawdown Comparison

The maximum FHABX drawdown since its inception was -18.83%, smaller than the maximum FDEEX drawdown of -31.00%. Use the drawdown chart below to compare losses from any high point for FHABX and FDEEX.

Drawdown Indicators

	FHABX	FDEEX	Difference
Max Drawdown Largest peak-to-trough decline	-18.83%	-31.00%	+12.17%
Max Drawdown (1Y) Largest decline over 1 year	-4.07%	-9.79%	+5.72%
Max Drawdown (3Y) Largest decline over 3 years	-6.00%	-15.39%	+9.39%
Max Drawdown (5Y) Largest decline over 5 years	-18.83%	-27.34%	+8.51%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.00%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.09%	-4.84%	+0.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	2.19%	-1.26%

Volatility

FHABX vs. FDEEX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom Blend 2010 Fund Class A (FHABX) is 1.92%, while Fidelity Freedom 2055 Fund (FDEEX) has a volatility of 4.26%. This indicates that FHABX experiences smaller price fluctuations and is considered to be less risky than FDEEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FHABX	FDEEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.92%	4.26%	-2.34%
Volatility (6M) Calculated over the trailing 6-month period	4.10%	10.54%	-6.44%
Volatility (1Y) Calculated over the trailing 1-year period	4.94%	12.76%	-7.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.40%	15.01%	-8.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.69%	15.38%	-8.69%

FHABX vs. FDEEX - Expense Ratio Comparison

FHABX has a 0.66% expense ratio, which is lower than FDEEX's 0.75% expense ratio.

Dividends

FHABX vs. FDEEX - Dividend Comparison

FHABX's dividend yield for the trailing twelve months is around 2.52%, less than FDEEX's 4.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDEEX Fidelity Freedom 2055 Fund	4.97%	3.87%	1.73%	1.91%	10.33%	11.20%	4.20%	6.23%	6.68%	3.59%	3.52%	4.99%
FHABX Fidelity Advisor Freedom Blend 2010 Fund Class A	2.52%	2.67%	2.42%	2.36%	4.96%	5.78%	3.33%	2.06%	1.95%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FHABX and FDEEX in my portfolio?

FHABX and FDEEX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FHABX or FDEEX?

FDEEX has higher volatility (4.26%) compared to FHABX (1.92%). In terms of maximum drawdown, FHABX dropped -18.83% vs FDEEX's -31.00%.

Which has better risk-adjusted returns?

FHABX currently has the higher Sharpe Ratio (2.52 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.