FHARX vs. VFORX
Compare and contrast key facts about Fidelity Freedom Blend 2040 Fund (FHARX) and Vanguard Target Retirement 2040 Fund (VFORX).
FHARX is managed by Fidelity. It was launched on Aug 31, 2018. VFORX is managed by Vanguard. It was launched on Jun 7, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHARX or VFORX.
Performance
FHARX vs. VFORX - Performance Comparison
Returns By Period
In the year-to-date period, FHARX achieves a 14.27% return, which is significantly higher than VFORX's 13.49% return.
FHARX
14.27%
-1.00%
5.51%
21.24%
6.32%
N/A
VFORX
13.49%
-0.49%
6.46%
20.23%
8.89%
8.09%
Key characteristics
| FHARX | VFORX | |
|---|---|---|
| Sharpe Ratio | 1.98 | 2.05 |
| Sortino Ratio | 2.78 | 2.90 |
| Omega Ratio | 1.36 | 1.38 |
| Calmar Ratio | 1.26 | 2.53 |
| Martin Ratio | 12.33 | 12.68 |
| Ulcer Index | 1.70% | 1.57% |
| Daily Std Dev | 10.61% | 9.71% |
| Max Drawdown | -32.57% | -51.63% |
| Current Drawdown | -2.06% | -1.46% |
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FHARX vs. VFORX - Expense Ratio Comparison
FHARX has a 0.49% expense ratio, which is higher than VFORX's 0.08% expense ratio.
Correlation
The correlation between FHARX and VFORX is 0.98, 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. VFORX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2040 Fund (FHARX) and Vanguard Target Retirement 2040 Fund (VFORX). 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. VFORX - Dividend Comparison
FHARX's dividend yield for the trailing twelve months is around 1.47%, less than VFORX's 2.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHARX Fidelity Freedom Blend 2040 Fund | 1.47% | 1.67% | 2.38% | 2.49% | 1.18% | 1.74% | 1.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VFORX Vanguard Target Retirement 2040 Fund | 2.09% | 2.38% | 2.10% | 2.39% | 1.62% | 2.28% | 2.41% | 1.91% | 1.98% | 2.16% | 1.93% | 1.77% |
Drawdowns
FHARX vs. VFORX - Drawdown Comparison
The maximum FHARX drawdown since its inception was -32.57%, smaller than the maximum VFORX drawdown of -51.63%. Use the drawdown chart below to compare losses from any high point for FHARX and VFORX. For additional features, visit the drawdowns tool.
Volatility
FHARX vs. VFORX - Volatility Comparison
Fidelity Freedom Blend 2040 Fund (FHARX) has a higher volatility of 2.93% compared to Vanguard Target Retirement 2040 Fund (VFORX) at 2.51%. This indicates that FHARX's price experiences larger fluctuations and is considered to be riskier than VFORX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.