Correlation
The correlation between FHAPX and VWENX 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.
FHAPX vs. VWENX
Compare and contrast key facts about Fidelity Freedom Blend 2050 Fund (FHAPX) and Vanguard Wellington Fund Admiral Shares (VWENX).
FHAPX is managed by Fidelity. It was launched on Aug 31, 2018. VWENX is managed by Vanguard. It was launched on May 14, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHAPX or VWENX.
Performance
FHAPX vs. VWENX - Performance Comparison
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Key characteristics
FHAPX:
0.71
VWENX:
0.94
FHAPX:
0.97
VWENX:
1.27
FHAPX:
1.14
VWENX:
1.18
FHAPX:
0.66
VWENX:
0.91
FHAPX:
2.84
VWENX:
3.64
FHAPX:
3.60%
VWENX:
2.99%
FHAPX:
16.58%
VWENX:
12.82%
FHAPX:
-31.30%
VWENX:
-36.02%
FHAPX:
-0.46%
VWENX:
-0.85%
Returns By Period
In the year-to-date period, FHAPX achieves a 5.84% return, which is significantly higher than VWENX's 2.66% return.
FHAPX
5.84%
5.34%
2.23%
11.69%
10.64%
11.98%
N/A
VWENX
2.66%
4.25%
0.70%
11.95%
9.16%
9.73%
8.49%
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FHAPX vs. VWENX - Expense Ratio Comparison
FHAPX has a 0.49% expense ratio, which is higher than VWENX's 0.16% expense ratio.
Risk-Adjusted Performance
FHAPX vs. VWENX — Risk-Adjusted Performance Rank
FHAPX
VWENX
FHAPX vs. VWENX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2050 Fund (FHAPX) and Vanguard Wellington Fund Admiral Shares (VWENX). 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.
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Dividends
FHAPX vs. VWENX - Dividend Comparison
FHAPX's dividend yield for the trailing twelve months is around 2.96%, less than VWENX's 10.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VWENX Vanguard Wellington Fund Admiral Shares | 10.67% | 10.85% | 6.08% | 8.28% | 8.72% | 7.85% | 4.74% | 9.58% | 6.55% | 4.53% | 6.58% | 6.47% |
Drawdowns
FHAPX vs. VWENX - Drawdown Comparison
The maximum FHAPX drawdown since its inception was -31.30%, smaller than the maximum VWENX drawdown of -36.02%. Use the drawdown chart below to compare losses from any high point for FHAPX and VWENX.
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Volatility
FHAPX vs. VWENX - Volatility Comparison
Fidelity Freedom Blend 2050 Fund (FHAPX) has a higher volatility of 3.43% compared to Vanguard Wellington Fund Admiral Shares (VWENX) at 2.93%. This indicates that FHAPX's price experiences larger fluctuations and is considered to be riskier than VWENX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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