FHAQX vs. TRRKX
Compare and contrast key facts about Fidelity Freedom Blend 2045 Fund (FHAQX) and T. Rowe Price Retirement 2045 Fund (TRRKX).
FHAQX is managed by Fidelity. It was launched on Aug 31, 2018. TRRKX is managed by T. Rowe Price. It was launched on May 30, 2005.
Performance
FHAQX vs. TRRKX - Performance Comparison
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FHAQX vs. TRRKX - 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% |
TRRKX T. Rowe Price Retirement 2045 Fund | -3.58% | 14.20% | 13.94% | 20.52% | -19.03% | 15.80% | 18.64% | 25.41% | -11.54% |
Returns By Period
The year-to-date returns for both stocks are quite close, with FHAQX having a -3.49% return and TRRKX slightly lower at -3.58%.
FHAQX
- 1D
- -0.28%
- 1M
- -8.92%
- YTD
- -3.49%
- 6M
- -0.17%
- 1Y
- 18.46%
- 3Y*
- 14.71%
- 5Y*
- 7.70%
- 10Y*
- —
TRRKX
- 1D
- -0.28%
- 1M
- -9.15%
- YTD
- -3.58%
- 6M
- -4.52%
- 1Y
- 9.86%
- 3Y*
- 12.48%
- 5Y*
- 6.01%
- 10Y*
- 9.72%
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FHAQX vs. TRRKX - Expense Ratio Comparison
FHAQX has a 0.49% expense ratio, which is lower than TRRKX's 0.63% expense ratio.
Return for Risk
FHAQX vs. TRRKX — Risk / Return Rank
FHAQX
TRRKX
FHAQX vs. TRRKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2045 Fund (FHAQX) and T. Rowe Price Retirement 2045 Fund (TRRKX). 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 | TRRKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.15 | 0.64 | +0.51 |
Sortino ratioReturn per unit of downside risk | 1.67 | 0.99 | +0.67 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.15 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 0.63 | +0.82 |
Martin ratioReturn relative to average drawdown | 6.67 | 2.82 | +3.84 |
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 | TRRKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.15 | 0.64 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.41 | +0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.64 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.54 | 0.47 | +0.07 |
Correlation
The correlation between FHAQX and TRRKX is 0.95, 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.
Dividends
FHAQX vs. TRRKX - Dividend Comparison
FHAQX's dividend yield for the trailing twelve months is around 2.74%, while TRRKX has not paid dividends to shareholders.
| 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% |
TRRKX T. Rowe Price Retirement 2045 Fund | 0.00% | 0.00% | 1.96% | 4.40% | 7.83% | 5.58% | 4.52% | 5.94% | 8.98% | 3.52% | 3.20% | 4.25% |
Drawdowns
FHAQX vs. TRRKX - Drawdown Comparison
The maximum FHAQX drawdown since its inception was -31.34%, smaller than the maximum TRRKX drawdown of -53.54%. Use the drawdown chart below to compare losses from any high point for FHAQX and TRRKX.
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Drawdown Indicators
| FHAQX | TRRKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.34% | -53.54% | +22.20% |
Max Drawdown (1Y)Largest decline over 1 year | -11.40% | -11.43% | +0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -27.79% | -28.75% | +0.96% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.48% | — |
Current DrawdownCurrent decline from peak | -9.43% | -9.49% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -6.20% | -7.26% | +1.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 2.84% | -0.36% |
Volatility
FHAQX vs. TRRKX - Volatility Comparison
Fidelity Freedom Blend 2045 Fund (FHAQX) has a higher volatility of 5.41% compared to T. Rowe Price Retirement 2045 Fund (TRRKX) at 4.93%. This indicates that FHAQX's price experiences larger fluctuations and is considered to be riskier than TRRKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHAQX | TRRKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.41% | 4.93% | +0.48% |
Volatility (6M)Calculated over the trailing 6-month period | 9.32% | 9.24% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.94% | 15.96% | -0.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.91% | 14.83% | +0.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.92% | 15.27% | +1.65% |