FHARX vs. SPYG
Compare and contrast key facts about Fidelity Freedom Blend 2040 Fund (FHARX) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG).
FHARX is managed by Fidelity. It was launched on Aug 31, 2018. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Performance
FHARX vs. SPYG - Performance Comparison
Loading graphics...
FHARX vs. SPYG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FHARX Fidelity Freedom Blend 2040 Fund | -0.55% | 21.06% | 15.55% | 19.98% | -19.04% | 16.24% | 17.79% | 26.54% | -14.70% |
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | -6.91% | 22.09% | 35.99% | 30.02% | -29.41% | 32.01% | 33.46% | 30.84% | -14.02% |
Returns By Period
In the year-to-date period, FHARX achieves a -0.55% return, which is significantly higher than SPYG's -6.91% return.
FHARX
- 1D
- 2.63%
- 1M
- -5.24%
- YTD
- -0.55%
- 6M
- 2.35%
- 1Y
- 19.62%
- 3Y*
- 15.93%
- 5Y*
- 8.08%
- 10Y*
- —
SPYG
- 1D
- 1.32%
- 1M
- -4.24%
- YTD
- -6.91%
- 6M
- -5.21%
- 1Y
- 23.24%
- 3Y*
- 22.39%
- 5Y*
- 12.53%
- 10Y*
- 15.90%
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. SPYG - Expense Ratio Comparison
FHARX has a 0.49% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Return for Risk
FHARX vs. SPYG — Risk / Return Rank
FHARX
SPYG
FHARX vs. SPYG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2040 Fund (FHARX) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG). 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.
| FHARX | SPYG | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.38 | 1.04 | +0.34 |
Sortino ratioReturn per unit of downside risk | 1.97 | 1.62 | +0.35 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.23 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.92 | 1.75 | +0.17 |
Martin ratioReturn relative to average drawdown | 8.69 | 6.81 | +1.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FHARX | SPYG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | 1.04 | +0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.60 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.32 | +0.26 |
Correlation
The correlation between FHARX and SPYG is 0.86, 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
FHARX vs. SPYG - Dividend Comparison
FHARX's dividend yield for the trailing twelve months is around 2.83%, more than SPYG's 0.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHARX Fidelity Freedom Blend 2040 Fund | 2.83% | 2.81% | 4.90% | 1.83% | 6.18% | 8.65% | 4.91% | 3.40% | 0.00% | 0.00% | 0.00% | 0.00% |
SPYG State Street SPDR Portfolio S&P 500 Growth ETF | 0.57% | 0.52% | 0.60% | 1.15% | 1.03% | 0.62% | 0.90% | 1.37% | 1.51% | 1.41% | 1.55% | 1.57% |
Drawdowns
FHARX vs. SPYG - Drawdown Comparison
The maximum FHARX drawdown since its inception was -31.37%, smaller than the maximum SPYG drawdown of -67.63%. Use the drawdown chart below to compare losses from any high point for FHARX and SPYG.
Loading graphics...
Drawdown Indicators
| FHARX | SPYG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.37% | -67.63% | +36.26% |
Max Drawdown (1Y)Largest decline over 1 year | -10.48% | -13.76% | +3.28% |
Max Drawdown (5Y)Largest decline over 5 years | -27.70% | -32.67% | +4.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.67% | — |
Current DrawdownCurrent decline from peak | -6.23% | -9.06% | +2.83% |
Average DrawdownAverage peak-to-trough decline | -6.18% | -24.48% | +18.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 3.55% | -1.24% |
Volatility
FHARX vs. SPYG - Volatility Comparison
The current volatility for Fidelity Freedom Blend 2040 Fund (FHARX) is 5.80%, while State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) has a volatility of 7.32%. This indicates that FHARX experiences smaller price fluctuations and is considered to be less risky than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FHARX | SPYG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.80% | 7.32% | -1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 8.77% | 12.90% | -4.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.69% | 22.42% | -7.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.38% | 21.13% | -6.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.64% | 20.57% | -3.93% |