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FHAPX vs. FIPFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FHAPX and FIPFX is 0.94, 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

FHAPX vs. FIPFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Blend 2050 Fund (FHAPX) and Fidelity Freedom Index 2050 Fund Investor Class (FIPFX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FHAPX:

0.71

FIPFX:

0.83

Sortino Ratio

FHAPX:

0.97

FIPFX:

1.13

Omega Ratio

FHAPX:

1.14

FIPFX:

1.16

Calmar Ratio

FHAPX:

0.66

FIPFX:

0.79

Martin Ratio

FHAPX:

2.84

FIPFX:

3.50

Ulcer Index

FHAPX:

3.60%

FIPFX:

3.32%

Daily Std Dev

FHAPX:

16.58%

FIPFX:

15.77%

Max Drawdown

FHAPX:

-31.30%

FIPFX:

-30.71%

Current Drawdown

FHAPX:

-0.46%

FIPFX:

-0.33%

Returns By Period

In the year-to-date period, FHAPX achieves a 5.84% return, which is significantly higher than FIPFX's 5.52% return.


FHAPX

YTD

5.84%

1M

5.34%

6M

2.23%

1Y

11.69%

3Y*

10.64%

5Y*

11.98%

10Y*

N/A

FIPFX

YTD

5.52%

1M

4.95%

6M

2.48%

1Y

12.95%

3Y*

10.66%

5Y*

11.43%

10Y*

8.77%

*Annualized

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FHAPX vs. FIPFX - Expense Ratio Comparison

FHAPX has a 0.49% expense ratio, which is higher than FIPFX's 0.12% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FHAPX vs. FIPFX — Risk-Adjusted Performance Rank

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

FHAPX
The Risk-Adjusted Performance Rank of FHAPX is 5454
Overall Rank
The Sharpe Ratio Rank of FHAPX is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of FHAPX is 5050
Sortino Ratio Rank
The Omega Ratio Rank of FHAPX is 5050
Omega Ratio Rank
The Calmar Ratio Rank of FHAPX is 6060
Calmar Ratio Rank
The Martin Ratio Rank of FHAPX is 6363
Martin Ratio Rank

FIPFX
The Risk-Adjusted Performance Rank of FIPFX is 6666
Overall Rank
The Sharpe Ratio Rank of FIPFX is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of FIPFX is 6262
Sortino Ratio Rank
The Omega Ratio Rank of FIPFX is 6565
Omega Ratio Rank
The Calmar Ratio Rank of FIPFX is 7070
Calmar Ratio Rank
The Martin Ratio Rank of FIPFX is 7373
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.

FHAPX vs. FIPFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2050 Fund (FHAPX) and Fidelity Freedom Index 2050 Fund Investor Class (FIPFX). 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 FHAPX Sharpe Ratio is 0.71, which is comparable to the FIPFX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of FHAPX and FIPFX, 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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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FHAPX vs. FIPFX - Dividend Comparison

FHAPX's dividend yield for the trailing twelve months is around 2.96%, more than FIPFX's 1.94% yield.


TTM20242023202220212020201920182017201620152014
FHAPX
Fidelity Freedom Blend 2050 Fund
2.96%2.42%1.86%6.21%8.52%4.82%3.28%3.67%0.00%0.00%0.00%0.00%
FIPFX
Fidelity Freedom Index 2050 Fund Investor Class
1.94%2.00%1.94%2.02%1.93%1.95%15.16%2.33%2.05%2.09%2.02%3.26%

Drawdowns

FHAPX vs. FIPFX - Drawdown Comparison

The maximum FHAPX drawdown since its inception was -31.30%, roughly equal to the maximum FIPFX drawdown of -30.71%. Use the drawdown chart below to compare losses from any high point for FHAPX and FIPFX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FHAPX vs. FIPFX - Volatility Comparison

Fidelity Freedom Blend 2050 Fund (FHAPX) and Fidelity Freedom Index 2050 Fund Investor Class (FIPFX) have volatilities of 3.43% and 3.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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