FHAMX vs. URFFX

Last updated Aug 1, 2026

FHAMX (Fidelity Advisor Freedom Blend Income Fund Class A) and URFFX (USAA Target Retirement 2050 Fund) are both Target Retirement Date funds. Over the past 5 years, FHAMX returned 2.34%/yr vs 9.38%/yr for URFFX. Their 0.70 correlation means they have sometimes moved together and sometimes differently. FHAMX charges 0.66%/yr vs 0.58%/yr for URFFX.

Performance

FHAMX vs. URFFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom Blend Income Fund Class A (FHAMX) and USAA Target Retirement 2050 Fund (URFFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FHAMX achieves a 3.65% return, which is significantly lower than URFFX's 13.05% return.

FHAMX

• 1D: 0.75%
• 1M: -0.65%
• 6M: 2.37%
• YTD: 3.65%
• 1Y: 7.63%
• 3Y*: 6.78%
• 5Y*: 2.34%
• 10Y*: —
• ALL TIME*: 3.81%

URFFX

• 1D: 1.41%
• 1M: 0.64%
• 6M: 9.62%
• YTD: 13.05%
• 1Y: 24.29%
• 3Y*: 16.22%
• 5Y*: 9.38%
• 10Y*: 10.12%
• ALL TIME*: 8.09%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FHAMX Fidelity Advisor Freedom Blend Income Fund Class A	$0.00	$0.00	$0.00
URFFX USAA Target Retirement 2050 Fund	$0.00	$0.00	$0.00

FHAMX vs. URFFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FHAMX Fidelity Advisor Freedom Blend Income Fund Class A	3.65%	9.85%	3.83%	7.83%	-11.91%	2.52%	8.33%	10.27%	-2.26%
URFFX USAA Target Retirement 2050 Fund	13.05%	19.35%	11.86%	18.12%	-15.66%	17.70%	10.52%	20.16%	-10.98%

Correlation

The correlation between FHAMX and URFFX is 0.85, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.85
Correlation (3Y) Balances recent behavior with more history.	0.73
Correlation (5Y) Shows whether the relationship held over a longer period.	0.70
Correlation (All Time) Calculated using the full available price history since Aug 31, 2018	0.70

The correlation between FHAMX and URFFX shifts across timeframes, from 0.70 (all time) to 0.85 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

FHAMX vs. URFFX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FHAMX

FHAMX Risk / Return Rank: 59
FHAMX Sharpe Ratio Rank: 56
FHAMX Sortino Ratio Rank: 56
FHAMX Omega Ratio Rank: 61
FHAMX Calmar Ratio Rank: 57
FHAMX Martin Ratio Rank: 64

URFFX

URFFX Risk / Return Rank: 83
URFFX Sharpe Ratio Rank: 81
URFFX Sortino Ratio Rank: 78
URFFX Omega Ratio Rank: 78
URFFX Calmar Ratio Rank: 84
URFFX Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FHAMX vs. URFFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Blend Income Fund Class A (FHAMX) and USAA Target Retirement 2050 Fund (URFFX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FHAMX	URFFX	Difference
Sharpe ratio: Return per unit of total volatility	1.51	1.91	-0.41
Sortino ratio: Return per unit of downside risk	2.16	2.69	-0.53
Omega ratio: Gain probability vs. loss probability	1.29	1.35	-0.06
Calmar ratio: Return relative to maximum drawdown	2.11	2.87	-0.77
Martin ratio: Return relative to average drawdown	8.54	12.30	-3.77

FHAMX vs. URFFX - Sharpe Ratio Comparison

The current FHAMX Sharpe Ratio is 1.51, which is comparable to the URFFX Sharpe Ratio of 1.91. The chart below compares the historical Sharpe Ratios of FHAMX and URFFX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FHAMX vs. URFFX - Drawdown Comparison

The maximum FHAMX drawdown since its inception was -16.37%, smaller than the maximum URFFX drawdown of -44.25%. Use the drawdown chart below to compare losses from any high point for FHAMX and URFFX.

Drawdown Indicators

	FHAMX	URFFX	Difference
Max Drawdown Largest peak-to-trough decline	-16.37%	-44.25%	+27.88%
Max Drawdown (1Y) Largest decline over 1 year	-3.74%	-7.89%	+4.15%
Max Drawdown (3Y) Largest decline over 3 years	-4.14%	-14.14%	+10.00%
Max Drawdown (5Y) Largest decline over 5 years	-16.37%	-23.76%	+7.39%
Max Drawdown (10Y) Largest decline over 10 years	—	-29.97%	—
Current Drawdown Current decline from peak	-1.20%	-0.17%	-1.03%
Average Drawdown Average peak-to-trough decline	-3.39%	-5.88%	+2.49%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.92%	1.84%	-0.92%

Volatility

FHAMX vs. URFFX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom Blend Income Fund Class A (FHAMX) is 1.70%, while USAA Target Retirement 2050 Fund (URFFX) has a volatility of 2.93%. This indicates that FHAMX experiences smaller price fluctuations and is considered to be less risky than URFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FHAMX	URFFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.70%	2.93%	-1.23%
Volatility (6M) Calculated over the trailing 6-month period	4.65%	9.82%	-5.17%
Volatility (1Y) Calculated over the trailing 1-year period	5.25%	11.86%	-6.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.55%	13.97%	-8.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.06%	14.33%	-9.27%

FHAMX vs. URFFX - Expense Ratio Comparison

FHAMX has a 0.66% expense ratio, which is higher than URFFX's 0.58% expense ratio.

Dividends

FHAMX vs. URFFX - Dividend Comparison

FHAMX's dividend yield for the trailing twelve months is around 2.62%, less than URFFX's 5.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FHAMX Fidelity Advisor Freedom Blend Income Fund Class A	2.33%	2.92%	2.75%	2.62%	4.35%	3.72%	2.35%	2.17%	1.39%	0.00%	0.00%	0.00%
URFFX USAA Target Retirement 2050 Fund	5.72%	6.46%	2.61%	3.39%	11.40%	8.13%	6.25%	11.76%	10.21%	5.55%	3.91%	2.57%

Frequently Asked Questions

Can I hold both FHAMX and URFFX in my portfolio?

FHAMX and URFFX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FHAMX or URFFX?

URFFX has higher volatility (2.93%) compared to FHAMX (1.70%). In terms of maximum drawdown, FHAMX dropped -16.37% vs URFFX's -44.25%.

Which has better risk-adjusted returns?

URFFX currently has the higher Sharpe Ratio (1.91 vs 1.51), 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.