FHBCX vs. LTFIX

Last updated Jun 25, 2026

FHBCX (Fidelity Advisor Freedom Blend 2035 Fund Class M) and LTFIX (Principal LifeTime 2055 Fund) are both Target Retirement Date funds. Over the past 5 years, FHBCX returned 6.59%/yr vs 8.56%/yr for LTFIX. With a 0.96 correlation, they move nearly in lockstep. FHBCX charges 0.98%/yr vs 0.01%/yr for LTFIX.

Performance

FHBCX vs. LTFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom Blend 2035 Fund Class M (FHBCX) and Principal LifeTime 2055 Fund (LTFIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FHBCX achieves a 8.40% return, which is significantly higher than LTFIX's 6.75% return.

FHBCX

• 1D: -1.58%
• 1M: 0.70%
• YTD: 8.40%
• 6M: 7.81%
• 1Y: 18.85%
• 3Y*: 14.75%
• 5Y*: 6.59%
• 10Y*: —

LTFIX

• 1D: -1.74%
• 1M: -0.32%
• YTD: 6.75%
• 6M: 5.96%
• 1Y: 17.19%
• 3Y*: 17.44%
• 5Y*: 8.56%
• 10Y*: 11.73%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FHBCX vs. LTFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FHBCX Fidelity Advisor Freedom Blend 2035 Fund Class M	8.40%	17.75%	10.16%	16.99%	-18.76%	13.54%	16.09%	24.98%	-11.38%
LTFIX Principal LifeTime 2055 Fund	6.75%	17.80%	17.28%	20.33%	-18.84%	17.73%	16.47%	27.27%	-13.66%

Correlation

The correlation between FHBCX and LTFIX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Aug 31, 2018	0.96

The correlation between FHBCX and LTFIX has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

Return for Risk

FHBCX vs. LTFIX — Risk / Return Rank

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

FHBCX

FHBCX Risk / Return Rank: 64
FHBCX Sharpe Ratio Rank: 61
FHBCX Sortino Ratio Rank: 59
FHBCX Omega Ratio Rank: 64
FHBCX Calmar Ratio Rank: 65
FHBCX Martin Ratio Rank: 70

LTFIX

LTFIX Risk / Return Rank: 37
LTFIX Sharpe Ratio Rank: 33
LTFIX Sortino Ratio Rank: 31
LTFIX Omega Ratio Rank: 33
LTFIX Calmar Ratio Rank: 37
LTFIX Martin Ratio Rank: 50

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.

FHBCX vs. LTFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Blend 2035 Fund Class M (FHBCX) and Principal LifeTime 2055 Fund (LTFIX). 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.

	FHBCX	LTFIX	Difference
Sharpe ratio: Return per unit of total volatility	1.92	1.49	+0.43
Sortino ratio: Return per unit of downside risk	2.68	2.11	+0.58
Omega ratio: Gain probability vs. loss probability	1.37	1.27	+0.09
Calmar ratio: Return relative to maximum drawdown	2.72	2.17	+0.55
Martin ratio: Return relative to average drawdown	11.49	9.48	+2.01

FHBCX vs. LTFIX - Sharpe Ratio Comparison

The current FHBCX Sharpe Ratio is 1.92, which is comparable to the LTFIX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of FHBCX and LTFIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FHBCX vs. LTFIX - Drawdown Comparison

The maximum FHBCX drawdown since its inception was -29.19%, smaller than the maximum LTFIX drawdown of -52.73%. Use the drawdown chart below to compare losses from any high point for FHBCX and LTFIX.

Drawdown Indicators

	FHBCX	LTFIX	Difference
Max Drawdown Largest peak-to-trough decline	-29.19%	-52.73%	+23.54%
Max Drawdown (1Y) Largest decline over 1 year	-7.44%	-8.71%	+1.27%
Max Drawdown (3Y) Largest decline over 3 years	-11.76%	-15.70%	+3.94%
Max Drawdown (5Y) Largest decline over 5 years	-26.69%	-26.80%	+0.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.50%	—
Current Drawdown Current decline from peak	-1.78%	-2.66%	+0.88%
Average Drawdown Average peak-to-trough decline	-5.85%	-7.62%	+1.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	1.98%	-0.23%

Volatility

FHBCX vs. LTFIX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom Blend 2035 Fund Class M (FHBCX) is 4.61%, while Principal LifeTime 2055 Fund (LTFIX) has a volatility of 5.17%. This indicates that FHBCX experiences smaller price fluctuations and is considered to be less risky than LTFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FHBCX	LTFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	5.17%	-0.56%
Volatility (6M) Calculated over the trailing 6-month period	8.94%	10.48%	-1.54%
Volatility (1Y) Calculated over the trailing 1-year period	10.50%	12.66%	-2.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.61%	15.59%	-2.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.72%	15.82%	-1.10%

FHBCX vs. LTFIX - Expense Ratio Comparison

FHBCX has a 0.98% expense ratio, which is higher than LTFIX's 0.01% expense ratio.

Dividends

FHBCX vs. LTFIX - Dividend Comparison

FHBCX's dividend yield for the trailing twelve months is around 3.30%, less than LTFIX's 8.18% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FHBCX Fidelity Advisor Freedom Blend 2035 Fund Class M	3.30%	2.60%	1.98%	1.65%	5.40%	7.47%	4.63%	3.08%	2.90%	0.00%	0.00%	0.00%
LTFIX Principal LifeTime 2055 Fund	8.18%	8.73%	8.47%	4.17%	8.60%	5.83%	3.91%	6.03%	6.60%	3.51%	3.99%	4.51%

Frequently Asked Questions

Can I hold both FHBCX and LTFIX in my portfolio?

With a correlation of 0.97, FHBCX and LTFIX 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.

Which is riskier, FHBCX or LTFIX?

LTFIX has higher volatility (5.17%) compared to FHBCX (4.61%). In terms of maximum drawdown, FHBCX dropped -29.19% vs LTFIX's -52.73%.

Which has better risk-adjusted returns?

FHBCX currently has the higher Sharpe Ratio (1.92 vs 1.49), 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.