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FHARX vs. BND
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FHARX and BND is 0.11, 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.


-0.50.00.51.00.1

Performance

FHARX vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Blend 2040 Fund (FHARX) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
4.15%
0.98%
FHARX
BND

Key characteristics

Sharpe Ratio

FHARX:

1.36

BND:

0.25

Sortino Ratio

FHARX:

1.90

BND:

0.38

Omega Ratio

FHARX:

1.24

BND:

1.04

Calmar Ratio

FHARX:

1.07

BND:

0.10

Martin Ratio

FHARX:

8.14

BND:

0.70

Ulcer Index

FHARX:

1.79%

BND:

1.92%

Daily Std Dev

FHARX:

10.76%

BND:

5.45%

Max Drawdown

FHARX:

-32.57%

BND:

-18.84%

Current Drawdown

FHARX:

-3.40%

BND:

-9.56%

Returns By Period

In the year-to-date period, FHARX achieves a 13.82% return, which is significantly higher than BND's 1.15% return.


FHARX

YTD

13.82%

1M

-1.24%

6M

4.33%

1Y

14.49%

5Y*

5.41%

10Y*

N/A

BND

YTD

1.15%

1M

-0.54%

6M

1.03%

1Y

1.42%

5Y*

-0.42%

10Y*

1.32%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FHARX vs. BND - Expense Ratio Comparison

FHARX has a 0.49% expense ratio, which is higher than BND's 0.03% expense ratio.


FHARX
Fidelity Freedom Blend 2040 Fund
Expense ratio chart for FHARX: current value at 0.49% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.49%
Expense ratio chart for BND: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

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.


Sharpe ratio
The chart of Sharpe ratio for FHARX, currently valued at 1.36, compared to the broader market-1.000.001.002.003.004.001.360.25
The chart of Sortino ratio for FHARX, currently valued at 1.90, compared to the broader market-2.000.002.004.006.008.0010.001.900.38
The chart of Omega ratio for FHARX, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.003.501.241.04
The chart of Calmar ratio for FHARX, currently valued at 1.07, compared to the broader market0.002.004.006.008.0010.0012.0014.001.070.10
The chart of Martin ratio for FHARX, currently valued at 8.14, compared to the broader market0.0020.0040.0060.008.140.70
FHARX
BND

The current FHARX Sharpe Ratio is 1.36, which is higher than the BND Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of FHARX and BND, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.36
0.25
FHARX
BND

Dividends

FHARX vs. BND - Dividend Comparison

FHARX's dividend yield for the trailing twelve months is around 1.48%, less than BND's 3.34% yield.


TTM20232022202120202019201820172016201520142013
FHARX
Fidelity Freedom Blend 2040 Fund
1.48%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
3.34%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.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.40%
-9.56%
FHARX
BND

Volatility

FHARX vs. BND - Volatility Comparison

Fidelity Freedom Blend 2040 Fund (FHARX) has a higher volatility of 3.19% compared to Vanguard Total Bond Market ETF (BND) at 1.68%. 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.


1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.19%
1.68%
FHARX
BND
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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