FHASX vs. SPY
Compare and contrast key facts about Fidelity Freedom Blend 2035 Fund (FHASX) and SPDR S&P 500 ETF (SPY).
FHASX is managed by Fidelity. It was launched on Aug 31, 2018. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHASX or SPY.
Correlation
The correlation between FHASX and SPY is 0.92, 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
FHASX vs. SPY - Performance Comparison
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Key characteristics
FHASX:
0.61
SPY:
0.66
FHASX:
0.95
SPY:
1.08
FHASX:
1.13
SPY:
1.16
FHASX:
0.68
SPY:
0.72
FHASX:
2.86
SPY:
2.78
FHASX:
2.77%
SPY:
4.88%
FHASX:
12.78%
SPY:
20.26%
FHASX:
-30.82%
SPY:
-55.19%
FHASX:
-0.08%
SPY:
-2.99%
Returns By Period
In the year-to-date period, FHASX achieves a 4.66% return, which is significantly higher than SPY's 1.46% return.
FHASX
4.66%
7.48%
2.89%
7.74%
9.50%
7.98%
N/A
SPY
1.46%
12.62%
1.07%
13.27%
16.71%
16.68%
12.71%
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FHASX vs. SPY - Expense Ratio Comparison
FHASX has a 0.48% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FHASX vs. SPY — Risk-Adjusted Performance Rank
FHASX
SPY
FHASX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2035 Fund (FHASX) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
FHASX vs. SPY - Dividend Comparison
FHASX's dividend yield for the trailing twelve months is around 1.91%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHASX Fidelity Freedom Blend 2035 Fund | 1.91% | 1.93% | 1.88% | 2.39% | 2.42% | 1.18% | 1.70% | 1.69% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.21% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FHASX vs. SPY - Drawdown Comparison
The maximum FHASX drawdown since its inception was -30.82%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FHASX and SPY. For additional features, visit the drawdowns tool.
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Volatility
FHASX vs. SPY - Volatility Comparison
The current volatility for Fidelity Freedom Blend 2035 Fund (FHASX) is 2.70%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.66%. This indicates that FHASX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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