FHARX vs. BND
Compare and contrast key facts about Fidelity Freedom Blend 2040 Fund (FHARX) and Vanguard Total Bond Market ETF (BND).
FHARX is managed by Fidelity. It was launched on Aug 31, 2018. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHARX or BND.
Key characteristics
| FHARX | BND | |
|---|---|---|
| YTD Return | 15.42% | 1.45% |
| 1Y Return | 26.83% | 7.43% |
| 3Y Return (Ann) | 0.80% | -2.66% |
| 5Y Return (Ann) | 6.59% | -0.18% |
| Sharpe Ratio | 2.50 | 1.37 |
| Sortino Ratio | 3.52 | 2.00 |
| Omega Ratio | 1.46 | 1.24 |
| Calmar Ratio | 1.35 | 0.50 |
| Martin Ratio | 16.06 | 4.97 |
| Ulcer Index | 1.67% | 1.61% |
| Daily Std Dev | 10.74% | 5.83% |
| Max Drawdown | -32.57% | -18.84% |
| Current Drawdown | -0.61% | -9.29% |
Correlation
The correlation between FHARX and BND is 0.10, 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.
Performance
FHARX vs. BND - Performance Comparison
In the year-to-date period, FHARX achieves a 15.42% return, which is significantly higher than BND's 1.45% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FHARX vs. BND - Expense Ratio Comparison
FHARX has a 0.49% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
FHARX vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2040 Fund (FHARX) and Vanguard Total Bond Market ETF (BND). 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
FHARX vs. BND - Dividend Comparison
FHARX's dividend yield for the trailing twelve months is around 1.46%, less than BND's 3.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHARX Fidelity Freedom Blend 2040 Fund | 1.46% | 1.67% | 2.38% | 2.49% | 1.18% | 1.74% | 1.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BND Vanguard Total Bond Market ETF | 3.58% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
FHARX vs. BND - Drawdown Comparison
The maximum FHARX drawdown since its inception was -32.57%, which is greater than BND's maximum drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for FHARX and BND. For additional features, visit the drawdowns tool.
Volatility
FHARX vs. BND - Volatility Comparison
Fidelity Freedom Blend 2040 Fund (FHARX) has a higher volatility of 2.72% compared to Vanguard Total Bond Market ETF (BND) at 1.45%. This indicates that FHARX's price experiences larger fluctuations and is considered to be riskier than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.