FHARX vs. VOO
Compare and contrast key facts about Fidelity Freedom Blend 2040 Fund (FHARX) and Vanguard S&P 500 ETF (VOO).
FHARX is managed by Fidelity. It was launched on Aug 31, 2018. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHARX or VOO.
Correlation
The correlation between FHARX and VOO 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.
Performance
FHARX vs. VOO - Performance Comparison
Key characteristics
FHARX:
1.40
VOO:
1.95
FHARX:
1.95
VOO:
2.60
FHARX:
1.25
VOO:
1.36
FHARX:
1.33
VOO:
2.97
FHARX:
7.34
VOO:
12.47
FHARX:
2.10%
VOO:
2.01%
FHARX:
11.04%
VOO:
12.89%
FHARX:
-32.57%
VOO:
-33.99%
FHARX:
-1.26%
VOO:
-1.30%
Returns By Period
In the year-to-date period, FHARX achieves a 3.96% return, which is significantly higher than VOO's 2.71% return.
FHARX
3.96%
3.96%
6.38%
16.45%
6.53%
N/A
VOO
2.71%
2.30%
10.08%
24.27%
15.19%
13.75%
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FHARX vs. VOO - Expense Ratio Comparison
FHARX has a 0.49% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FHARX vs. VOO — Risk-Adjusted Performance Rank
FHARX
VOO
FHARX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2040 Fund (FHARX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FHARX's dividend yield for the trailing twelve months is around 1.64%, more than VOO's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHARX Fidelity Freedom Blend 2040 Fund | 1.64% | 1.71% | 1.67% | 2.38% | 2.49% | 1.18% | 1.74% | 1.69% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.21% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FHARX vs. VOO - Drawdown Comparison
The maximum FHARX drawdown since its inception was -32.57%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FHARX and VOO. For additional features, visit the drawdowns tool.
Volatility
FHARX vs. VOO - Volatility Comparison
The current volatility for Fidelity Freedom Blend 2040 Fund (FHARX) is 3.57%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.06%. This indicates that FHARX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.