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FHASX vs. FBALX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FHASX vs. FBALX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Blend 2035 Fund (FHASX) and Fidelity Balanced Fund (FBALX). The values are adjusted to include any dividend payments, if applicable.

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FHASX vs. FBALX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
FHASX
Fidelity Freedom Blend 2035 Fund
-2.51%18.32%13.29%17.57%-18.33%14.11%16.71%25.44%-13.80%
FBALX
Fidelity Balanced Fund
-3.70%15.11%16.09%20.31%-18.29%18.27%22.45%24.40%-10.70%

Returns By Period

In the year-to-date period, FHASX achieves a -2.51% return, which is significantly higher than FBALX's -3.70% return.


FHASX

1D
-0.08%
1M
-7.17%
YTD
-2.51%
6M
0.06%
1Y
14.67%
3Y*
12.97%
5Y*
6.57%
10Y*

FBALX

1D
-0.16%
1M
-5.81%
YTD
-3.70%
6M
-0.91%
1Y
13.97%
3Y*
12.91%
5Y*
7.44%
10Y*
10.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FHASX vs. FBALX - Expense Ratio Comparison

FHASX has a 0.48% expense ratio, which is lower than FBALX's 0.51% expense ratio.


Return for Risk

FHASX vs. FBALX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FHASX
FHASX Risk / Return Rank: 7070
Overall Rank
FHASX Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
FHASX Sortino Ratio Rank: 7171
Sortino Ratio Rank
FHASX Omega Ratio Rank: 7070
Omega Ratio Rank
FHASX Calmar Ratio Rank: 6868
Calmar Ratio Rank
FHASX Martin Ratio Rank: 7373
Martin Ratio Rank

FBALX
FBALX Risk / Return Rank: 7373
Overall Rank
FBALX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
FBALX Sortino Ratio Rank: 7373
Sortino Ratio Rank
FBALX Omega Ratio Rank: 7373
Omega Ratio Rank
FBALX Calmar Ratio Rank: 7171
Calmar Ratio Rank
FBALX Martin Ratio Rank: 7878
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FHASX vs. FBALX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2035 Fund (FHASX) and Fidelity Balanced Fund (FBALX). 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.


FHASXFBALXDifference

Sharpe ratio

Return per unit of total volatility

1.21

1.22

-0.01

Sortino ratio

Return per unit of downside risk

1.74

1.78

-0.04

Omega ratio

Gain probability vs. loss probability

1.26

1.27

-0.01

Calmar ratio

Return relative to maximum drawdown

1.53

1.61

-0.09

Martin ratio

Return relative to average drawdown

6.90

7.56

-0.66

FHASX vs. FBALX - Sharpe Ratio Comparison

The current FHASX Sharpe Ratio is 1.21, which is comparable to the FBALX Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of FHASX and FBALX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FHASXFBALXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.21

1.22

-0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

0.62

-0.08

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.83

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

0.78

-0.23

Correlation

The correlation between FHASX and FBALX is 0.94, 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

FHASX vs. FBALX - Dividend Comparison

FHASX's dividend yield for the trailing twelve months is around 3.03%, less than FBALX's 5.90% yield.


TTM20252024202320222021202020192018201720162015
FHASX
Fidelity Freedom Blend 2035 Fund
3.03%2.95%4.66%2.04%5.70%7.94%4.87%3.48%0.00%0.00%0.00%0.00%
FBALX
Fidelity Balanced Fund
5.90%5.69%5.67%2.28%8.06%9.66%5.90%4.24%10.99%7.90%3.07%7.70%

Drawdowns

FHASX vs. FBALX - Drawdown Comparison

The maximum FHASX drawdown since its inception was -29.13%, smaller than the maximum FBALX drawdown of -43.57%. Use the drawdown chart below to compare losses from any high point for FHASX and FBALX.


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Drawdown Indicators


FHASXFBALXDifference

Max Drawdown

Largest peak-to-trough decline

-29.13%

-43.57%

+14.44%

Max Drawdown (1Y)

Largest decline over 1 year

-8.86%

-8.14%

-0.72%

Max Drawdown (5Y)

Largest decline over 5 years

-26.40%

-22.89%

-3.51%

Max Drawdown (10Y)

Largest decline over 10 years

-26.68%

Current Drawdown

Current decline from peak

-7.43%

-6.47%

-0.96%

Average Drawdown

Average peak-to-trough decline

-5.90%

-4.39%

-1.51%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.96%

1.74%

+0.22%

Volatility

FHASX vs. FBALX - Volatility Comparison

Fidelity Freedom Blend 2035 Fund (FHASX) has a higher volatility of 4.26% compared to Fidelity Balanced Fund (FBALX) at 3.50%. This indicates that FHASX's price experiences larger fluctuations and is considered to be riskier than FBALX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FHASXFBALXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.26%

3.50%

+0.76%

Volatility (6M)

Calculated over the trailing 6-month period

7.07%

6.47%

+0.60%

Volatility (1Y)

Calculated over the trailing 1-year period

12.07%

11.80%

+0.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.42%

12.15%

+0.27%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.77%

12.73%

+2.04%