FHAPX vs. SMGIX
Compare and contrast key facts about Fidelity Freedom Blend 2050 Fund (FHAPX) and Columbia Contrarian Core Fund (SMGIX).
FHAPX is managed by Fidelity. It was launched on Aug 31, 2018. SMGIX is managed by Columbia Threadneedle. It was launched on Dec 14, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHAPX or SMGIX.
Correlation
The correlation between FHAPX and SMGIX is 0.93, 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. SMGIX - Performance Comparison
Key characteristics
FHAPX:
1.37
SMGIX:
0.80
FHAPX:
1.91
SMGIX:
1.05
FHAPX:
1.25
SMGIX:
1.17
FHAPX:
1.72
SMGIX:
1.04
FHAPX:
7.15
SMGIX:
2.76
FHAPX:
2.22%
SMGIX:
4.42%
FHAPX:
11.62%
SMGIX:
15.19%
FHAPX:
-32.66%
SMGIX:
-57.95%
FHAPX:
-0.45%
SMGIX:
-6.86%
Returns By Period
In the year-to-date period, FHAPX achieves a 5.45% return, which is significantly higher than SMGIX's 4.91% return.
FHAPX
5.45%
2.02%
5.61%
16.16%
6.48%
N/A
SMGIX
4.91%
1.98%
1.07%
12.86%
6.53%
6.27%
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FHAPX vs. SMGIX - Expense Ratio Comparison
FHAPX has a 0.49% expense ratio, which is lower than SMGIX's 0.75% expense ratio.
Risk-Adjusted Performance
FHAPX vs. SMGIX — Risk-Adjusted Performance Rank
FHAPX
SMGIX
FHAPX vs. SMGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2050 Fund (FHAPX) and Columbia Contrarian Core Fund (SMGIX). 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
FHAPX vs. SMGIX - Dividend Comparison
FHAPX's dividend yield for the trailing twelve months is around 1.54%, more than SMGIX's 0.57% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHAPX Fidelity Freedom Blend 2050 Fund | 1.54% | 1.63% | 1.64% | 2.39% | 2.43% | 1.21% | 1.71% | 1.79% | 0.00% | 0.00% | 0.00% | 0.00% |
SMGIX Columbia Contrarian Core Fund | 0.57% | 0.60% | 0.58% | 0.57% | 0.49% | 0.78% | 1.08% | 1.35% | 0.95% | 0.91% | 2.86% | 0.74% |
Drawdowns
FHAPX vs. SMGIX - Drawdown Comparison
The maximum FHAPX drawdown since its inception was -32.66%, smaller than the maximum SMGIX drawdown of -57.95%. Use the drawdown chart below to compare losses from any high point for FHAPX and SMGIX. For additional features, visit the drawdowns tool.
Volatility
FHAPX vs. SMGIX - Volatility Comparison
Fidelity Freedom Blend 2050 Fund (FHAPX) and Columbia Contrarian Core Fund (SMGIX) have volatilities of 2.85% and 2.75%, 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.