PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FHARX vs. IVV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FHARX vs. IVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Blend 2040 Fund (FHARX) and iShares Core S&P 500 ETF (IVV). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.33%
13.23%
FHARX
IVV

Returns By Period

In the year-to-date period, FHARX achieves a 15.25% return, which is significantly lower than IVV's 26.56% return.


FHARX

YTD

15.25%

1M

0.94%

6M

6.33%

1Y

22.05%

5Y (annualized)

6.49%

10Y (annualized)

N/A

IVV

YTD

26.56%

1M

3.04%

6M

13.24%

1Y

32.78%

5Y (annualized)

15.74%

10Y (annualized)

13.20%

Key characteristics


FHARXIVV
Sharpe Ratio2.082.70
Sortino Ratio2.913.60
Omega Ratio1.371.50
Calmar Ratio1.353.90
Martin Ratio12.9017.52
Ulcer Index1.71%1.87%
Daily Std Dev10.62%12.16%
Max Drawdown-32.57%-55.25%
Current Drawdown-1.22%-0.52%

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. IVV - Expense Ratio Comparison

FHARX has a 0.49% expense ratio, which is higher than IVV'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 IVV: 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%

Correlation

-0.50.00.51.00.9

The correlation between FHARX and IVV is 0.93, 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.

Risk-Adjusted Performance

FHARX vs. IVV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2040 Fund (FHARX) and iShares Core S&P 500 ETF (IVV). 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 2.08, compared to the broader market-1.000.001.002.003.004.005.002.082.70
The chart of Sortino ratio for FHARX, currently valued at 2.91, compared to the broader market0.005.0010.002.913.60
The chart of Omega ratio for FHARX, currently valued at 1.37, compared to the broader market1.002.003.004.001.371.50
The chart of Calmar ratio for FHARX, currently valued at 1.35, compared to the broader market0.005.0010.0015.0020.001.353.90
The chart of Martin ratio for FHARX, currently valued at 12.90, compared to the broader market0.0020.0040.0060.0080.00100.0012.9017.52
FHARX
IVV

The current FHARX Sharpe Ratio is 2.08, which is comparable to the IVV Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of FHARX and IVV, 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.08
2.70
FHARX
IVV

Dividends

FHARX vs. IVV - Dividend Comparison

FHARX's dividend yield for the trailing twelve months is around 1.46%, more than IVV's 1.24% yield.


TTM20232022202120202019201820172016201520142013
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%
IVV
iShares Core S&P 500 ETF
1.24%1.44%1.66%1.20%1.57%1.99%2.21%1.75%2.01%2.27%1.83%1.80%

Drawdowns

FHARX vs. IVV - Drawdown Comparison

The maximum FHARX drawdown since its inception was -32.57%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for FHARX and IVV. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.22%
-0.52%
FHARX
IVV

Volatility

FHARX vs. IVV - Volatility Comparison

The current volatility for Fidelity Freedom Blend 2040 Fund (FHARX) is 2.87%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.98%. This indicates that FHARX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.87%
3.98%
FHARX
IVV