FHBEX vs. PTDIX
FHBEX (Fidelity Freedom Blend 2025 Fund Class K) and PTDIX (Principal LifeTime 2040 Fund) are both Target Retirement Date funds. Over the past 5 years, FHBEX returned 5.17%/yr vs 7.69%/yr for PTDIX. Their correlation of 0.94 means they have usually moved in the same direction. FHBEX charges 0.35%/yr vs 0.01%/yr for PTDIX.
Performance
FHBEX vs. PTDIX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with FHBEX having a 6.71% return and PTDIX slightly higher at 6.90%.
FHBEX
- 1D
- 1.32%
- 1M
- -0.99%
- 6M
- 4.42%
- YTD
- 6.71%
- 1Y
- 14.31%
- 3Y*
- 11.27%
- 5Y*
- 5.17%
- 10Y*
- —
- ALL TIME*
- 7.39%
PTDIX
- 1D
- 1.31%
- 1M
- 0.11%
- 6M
- 4.58%
- YTD
- 6.90%
- 1Y
- 14.80%
- 3Y*
- 14.70%
- 5Y*
- 7.69%
- 10Y*
- 10.22%
- ALL TIME*
- 7.30%
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 |
FHBEX vs. PTDIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FHBEX Fidelity Freedom Blend 2025 Fund Class K | 6.71% | 15.97% | 7.95% | 14.17% | -17.17% | 9.81% | 14.31% | 20.12% | -7.70% |
PTDIX Principal LifeTime 2040 Fund | 6.90% | 15.59% | 17.43% | 18.33% | -18.13% | 15.35% | 16.04% | 24.91% | -12.09% |
Correlation
The correlation between FHBEX and PTDIX 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. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.94 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2018 | 0.94 |
The correlation between FHBEX and PTDIX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.
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Return for Risk
FHBEX vs. PTDIX — Risk / Return Rank
FHBEX
PTDIX
FHBEX vs. PTDIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2025 Fund Class K (FHBEX) and Principal LifeTime 2040 Fund (PTDIX). 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.
| FHBEX | PTDIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.23 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.16 | 1.82 | +0.34 |
| Martin ratioReturn relative to average drawdown | 8.84 | 7.76 | +1.08 |
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Drawdowns
FHBEX vs. PTDIX - Drawdown Comparison
The maximum FHBEX drawdown since its inception was -23.94%, smaller than the maximum PTDIX drawdown of -54.38%. Use the drawdown chart below to compare losses from any high point for FHBEX and PTDIX.
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Drawdown Indicators
| FHBEX | PTDIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.94% | -54.38% | +30.44% |
Max Drawdown (1Y)Largest decline over 1 year | -6.35% | -7.32% | +0.97% |
Max Drawdown (3Y)Largest decline over 3 years | -8.91% | -13.05% | +4.14% |
Max Drawdown (5Y)Largest decline over 5 years | -23.94% | -25.43% | +1.49% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.02% | — |
Current DrawdownCurrent decline from peak | -1.81% | -0.84% | -0.97% |
Average DrawdownAverage peak-to-trough decline | -4.99% | -7.45% | +2.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 1.72% | -0.17% |
Volatility
FHBEX vs. PTDIX - Volatility Comparison
Fidelity Freedom Blend 2025 Fund Class K (FHBEX) and Principal LifeTime 2040 Fund (PTDIX) have volatilities of 2.72% and 2.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHBEX | PTDIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.72% | 2.85% | -0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 7.70% | 8.76% | -1.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.95% | 10.62% | -1.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.16% | 13.58% | -3.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.94% | 13.78% | -2.84% |
FHBEX vs. PTDIX - Expense Ratio Comparison
FHBEX has a 0.35% expense ratio, which is higher than PTDIX's 0.01% expense ratio.
Dividends
FHBEX vs. PTDIX - Dividend Comparison
FHBEX's dividend yield for the trailing twelve months is around 3.37%, less than PTDIX's 9.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHBEX Fidelity Freedom Blend 2025 Fund Class K | 3.37% | 2.52% | 2.31% | 2.36% | 5.56% | 6.84% | 4.33% | 3.22% | 2.19% | 0.00% | 0.00% | 0.00% |
PTDIX Principal LifeTime 2040 Fund | 9.17% | 9.80% | 12.28% | 4.40% | 8.61% | 8.92% | 6.01% | 7.26% | 9.28% | 6.07% | 4.86% | 6.73% |
Frequently Asked Questions
With a correlation of 0.96, FHBEX and PTDIX 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.
PTDIX has higher volatility (2.85%) compared to FHBEX (2.72%). In terms of maximum drawdown, FHBEX dropped -23.94% vs PTDIX's -54.38%.
FHBEX currently has the higher Sharpe Ratio (1.54 vs 1.26), 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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