FHBFX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor Freedom Blend 2045 Fund Class Z (FHBFX) and Fidelity 500 Index Fund (FXAIX).
FHBFX is managed by Fidelity. It was launched on Aug 31, 2018. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
FHBFX vs. FXAIX - Performance Comparison
Loading graphics...
FHBFX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FHBFX Fidelity Advisor Freedom Blend 2045 Fund Class Z | -3.47% | 22.75% | 13.59% | 20.60% | -18.99% | 16.39% | 17.96% | 26.61% | -11.87% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -13.05% |
Returns By Period
In the year-to-date period, FHBFX achieves a -3.47% return, which is significantly higher than FXAIX's -7.05% return.
FHBFX
- 1D
- -0.28%
- 1M
- -8.93%
- YTD
- -3.47%
- 6M
- -0.12%
- 1Y
- 18.50%
- 3Y*
- 14.83%
- 5Y*
- 7.81%
- 10Y*
- —
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FHBFX vs. FXAIX - Expense Ratio Comparison
FHBFX has a 0.39% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FHBFX vs. FXAIX — Risk / Return Rank
FHBFX
FXAIX
FHBFX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Blend 2045 Fund Class Z (FHBFX) and Fidelity 500 Index Fund (FXAIX). 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.
| FHBFX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 0.84 | +0.33 |
Sortino ratioReturn per unit of downside risk | 1.68 | 1.30 | +0.39 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.20 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.47 | 1.05 | +0.41 |
Martin ratioReturn relative to average drawdown | 6.72 | 5.13 | +1.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FHBFX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 0.84 | +0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.68 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.77 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.75 | -0.17 |
Correlation
The correlation between FHBFX and FXAIX 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
FHBFX vs. FXAIX - Dividend Comparison
FHBFX's dividend yield for the trailing twelve months is around 2.78%, more than FXAIX's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHBFX Fidelity Advisor Freedom Blend 2045 Fund Class Z | 2.78% | 2.68% | 2.40% | 1.95% | 6.31% | 8.72% | 4.91% | 3.29% | 3.17% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FHBFX vs. FXAIX - Drawdown Comparison
The maximum FHBFX drawdown since its inception was -31.28%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FHBFX and FXAIX.
Loading graphics...
Drawdown Indicators
| FHBFX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.28% | -33.79% | +2.51% |
Max Drawdown (1Y)Largest decline over 1 year | -11.35% | -12.13% | +0.78% |
Max Drawdown (5Y)Largest decline over 5 years | -27.71% | -24.50% | -3.21% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.79% | — |
Current DrawdownCurrent decline from peak | -9.44% | -8.89% | -0.55% |
Average DrawdownAverage peak-to-trough decline | -6.00% | -3.83% | -2.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 2.50% | -0.02% |
Volatility
FHBFX vs. FXAIX - Volatility Comparison
Fidelity Advisor Freedom Blend 2045 Fund Class Z (FHBFX) has a higher volatility of 5.37% compared to Fidelity 500 Index Fund (FXAIX) at 4.24%. This indicates that FHBFX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FHBFX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.37% | 4.24% | +1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 9.32% | 9.08% | +0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.85% | 18.13% | -2.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.88% | 16.88% | -2.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.84% | 18.03% | -1.19% |