FHASX vs. PLWIX
FHASX (Fidelity Freedom Blend 2035 Fund) and PLWIX (Principal LifeTime 2020 Fund) are both Target Retirement Date funds. Over the past 5 years, FHASX returned 7.52%/yr vs 4.88%/yr for PLWIX. Their correlation of 0.95 means they have usually moved in the same direction. FHASX charges 0.48%/yr vs 0.01%/yr for PLWIX.
Performance
FHASX vs. PLWIX - Performance Comparison
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Returns By Period
In the year-to-date period, FHASX achieves a 8.51% return, which is significantly higher than PLWIX's 3.96% return.
FHASX
- 1D
- 1.68%
- 1M
- -1.02%
- 6M
- 5.63%
- YTD
- 8.51%
- 1Y
- 17.73%
- 3Y*
- 14.55%
- 5Y*
- 7.52%
- 10Y*
- —
- ALL TIME*
- 9.23%
PLWIX
- 1D
- 0.72%
- 1M
- -0.16%
- 6M
- 2.52%
- YTD
- 3.96%
- 1Y
- 9.09%
- 3Y*
- 10.38%
- 5Y*
- 4.88%
- 10Y*
- 7.07%
- ALL TIME*
- 5.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FHASX vs. PLWIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FHASX Fidelity Freedom Blend 2035 Fund | 8.51% | 18.32% | 13.29% | 17.57% | -18.33% | 14.11% | 16.71% | 25.44% | -13.80% |
PLWIX Principal LifeTime 2020 Fund | 3.96% | 11.32% | 12.21% | 12.23% | -14.36% | 9.05% | 12.70% | 18.40% | -8.05% |
Correlation
The correlation between FHASX and PLWIX is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.96 |
Correlation (3Y) Balances recent behavior with more history. | 0.95 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2018 | 0.95 |
The correlation between FHASX and PLWIX has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.
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Return for Risk
FHASX vs. PLWIX — Risk / Return Rank
FHASX
PLWIX
FHASX vs. PLWIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2035 Fund (FHASX) and Principal LifeTime 2020 Fund (PLWIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FHASX | PLWIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.25 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.26 | 1.81 | +0.45 |
| Martin ratioReturn relative to average drawdown | 9.24 | 7.75 | +1.49 |
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Drawdowns
FHASX vs. PLWIX - Drawdown Comparison
The maximum FHASX drawdown since its inception was -29.13%, smaller than the maximum PLWIX drawdown of -49.07%. Use the drawdown chart below to compare losses from any high point for FHASX and PLWIX.
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Drawdown Indicators
| FHASX | PLWIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.13% | -49.07% | +19.94% |
Max Drawdown (1Y)Largest decline over 1 year | -7.43% | -4.75% | -2.68% |
Max Drawdown (3Y)Largest decline over 3 years | -11.66% | -6.97% | -4.69% |
Max Drawdown (5Y)Largest decline over 5 years | -26.40% | -19.73% | -6.67% |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.29% | — |
Current DrawdownCurrent decline from peak | -1.96% | -0.71% | -1.25% |
Average DrawdownAverage peak-to-trough decline | -5.70% | -5.69% | -0.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 1.11% | +0.71% |
Volatility
FHASX vs. PLWIX - Volatility Comparison
Fidelity Freedom Blend 2035 Fund (FHASX) has a higher volatility of 3.27% compared to Principal LifeTime 2020 Fund (PLWIX) at 1.73%. This indicates that FHASX's price experiences larger fluctuations and is considered to be riskier than PLWIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHASX | PLWIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.27% | 1.73% | +1.54% |
Volatility (6M)Calculated over the trailing 6-month period | 9.24% | 5.32% | +3.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.79% | 6.39% | +4.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.65% | 8.29% | +4.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.70% | 8.52% | +6.18% |
FHASX vs. PLWIX - Expense Ratio Comparison
FHASX has a 0.48% expense ratio, which is higher than PLWIX's 0.01% expense ratio.
Dividends
FHASX vs. PLWIX - Dividend Comparison
FHASX's dividend yield for the trailing twelve months is around 3.59%, less than PLWIX's 9.70% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHASX Fidelity Freedom Blend 2035 Fund | 3.59% | 2.95% | 4.66% | 2.04% | 5.70% | 7.94% | 4.87% | 3.48% | 0.00% | 0.00% | 0.00% | 0.00% |
PLWIX Principal LifeTime 2020 Fund | 9.70% | 10.08% | 11.91% | 5.12% | 9.82% | 9.40% | 5.90% | 8.69% | 7.35% | 5.74% | 3.73% | 8.75% |
Frequently Asked Questions
With a correlation of 0.96, FHASX and PLWIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FHASX has higher volatility (3.27%) compared to PLWIX (1.73%). In terms of maximum drawdown, FHASX dropped -29.13% vs PLWIX's -49.07%.
FHASX currently has the higher Sharpe Ratio (1.56 vs 1.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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