FHAQX vs. BDMIX
Compare and contrast key facts about Fidelity Freedom Blend 2045 Fund (FHAQX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX).
FHAQX is managed by Fidelity. It was launched on Aug 31, 2018. BDMIX is managed by BlackRock. It was launched on Dec 20, 2012.
Performance
FHAQX vs. BDMIX - Performance Comparison
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FHAQX vs. BDMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FHAQX Fidelity Freedom Blend 2045 Fund | -3.49% | 22.54% | 13.58% | 20.50% | -19.03% | 16.23% | 17.77% | 26.42% | -14.60% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 3.57% | 18.30% | 21.39% | 14.55% | 1.80% | 3.34% | 0.29% | -0.85% | 1.20% |
Returns By Period
In the year-to-date period, FHAQX achieves a -3.49% return, which is significantly lower than BDMIX's 3.57% return.
FHAQX
- 1D
- -0.28%
- 1M
- -8.92%
- YTD
- -3.49%
- 6M
- -0.17%
- 1Y
- 18.46%
- 3Y*
- 14.71%
- 5Y*
- 7.70%
- 10Y*
- —
BDMIX
- 1D
- -0.46%
- 1M
- 0.87%
- YTD
- 3.57%
- 6M
- 6.57%
- 1Y
- 16.65%
- 3Y*
- 18.58%
- 5Y*
- 11.16%
- 10Y*
- 7.21%
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FHAQX vs. BDMIX - Expense Ratio Comparison
FHAQX has a 0.49% expense ratio, which is lower than BDMIX's 1.57% expense ratio.
Return for Risk
FHAQX vs. BDMIX — Risk / Return Rank
FHAQX
BDMIX
FHAQX vs. BDMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2045 Fund (FHAQX) and BlackRock Global Long/Short Equity Fund Class I (BDMIX). 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.
| FHAQX | BDMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.15 | 2.57 | -1.42 |
Sortino ratioReturn per unit of downside risk | 1.67 | 3.76 | -2.09 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.48 | -0.23 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 4.90 | -3.45 |
Martin ratioReturn relative to average drawdown | 6.67 | 13.59 | -6.93 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FHAQX | BDMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.15 | 2.57 | -1.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 1.72 | -1.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.25 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 1.14 | -0.59 |
Correlation
The correlation between FHAQX and BDMIX is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FHAQX vs. BDMIX - Dividend Comparison
FHAQX's dividend yield for the trailing twelve months is around 2.74%, less than BDMIX's 8.63% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHAQX Fidelity Freedom Blend 2045 Fund | 2.74% | 2.64% | 2.34% | 1.89% | 6.27% | 8.65% | 4.90% | 3.32% | 0.00% | 0.00% | 0.00% | 0.00% |
BDMIX BlackRock Global Long/Short Equity Fund Class I | 8.63% | 8.94% | 13.26% | 7.42% | 0.00% | 1.23% | 0.30% | 6.78% | 0.94% | 0.00% | 0.00% | 1.86% |
Drawdowns
FHAQX vs. BDMIX - Drawdown Comparison
The maximum FHAQX drawdown since its inception was -31.34%, which is greater than BDMIX's maximum drawdown of -11.89%. Use the drawdown chart below to compare losses from any high point for FHAQX and BDMIX.
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Drawdown Indicators
| FHAQX | BDMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.34% | -11.89% | -19.45% |
Max Drawdown (1Y)Largest decline over 1 year | -11.40% | -3.60% | -7.80% |
Max Drawdown (5Y)Largest decline over 5 years | -27.79% | -7.45% | -20.34% |
Max Drawdown (10Y)Largest decline over 10 years | — | -9.44% | — |
Current DrawdownCurrent decline from peak | -9.43% | -0.85% | -8.58% |
Average DrawdownAverage peak-to-trough decline | -6.20% | -2.72% | -3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 1.30% | +1.18% |
Volatility
FHAQX vs. BDMIX - Volatility Comparison
Fidelity Freedom Blend 2045 Fund (FHAQX) has a higher volatility of 5.41% compared to BlackRock Global Long/Short Equity Fund Class I (BDMIX) at 1.58%. This indicates that FHAQX's price experiences larger fluctuations and is considered to be riskier than BDMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHAQX | BDMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.41% | 1.58% | +3.83% |
Volatility (6M)Calculated over the trailing 6-month period | 9.32% | 4.74% | +4.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.94% | 6.91% | +9.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 6.53% | +8.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.92% | 5.77% | +11.15% |