FHCDX vs. FXAIX
Compare and contrast key facts about Fidelity Freedom Blend 2060 Fund Class K6 (FHCDX) and Fidelity 500 Index Fund (FXAIX).
FHCDX is managed by Fidelity. It was launched on Aug 31, 2018. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHCDX or FXAIX.
Correlation
The correlation between FHCDX 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.
Performance
FHCDX vs. FXAIX - Performance Comparison
Key characteristics
FHCDX:
1.52
FXAIX:
1.97
FHCDX:
2.11
FXAIX:
2.64
FHCDX:
1.27
FXAIX:
1.36
FHCDX:
1.99
FXAIX:
2.98
FHCDX:
7.95
FXAIX:
12.34
FHCDX:
2.24%
FXAIX:
2.04%
FHCDX:
11.69%
FXAIX:
12.79%
FHCDX:
-32.26%
FXAIX:
-33.79%
FHCDX:
-0.28%
FXAIX:
0.00%
Returns By Period
In the year-to-date period, FHCDX achieves a 5.40% return, which is significantly higher than FXAIX's 4.11% return.
FHCDX
5.40%
4.26%
5.72%
15.65%
6.67%
N/A
FXAIX
4.11%
2.86%
10.80%
23.21%
14.39%
13.13%
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FHCDX vs. FXAIX - Expense Ratio Comparison
FHCDX has a 0.29% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FHCDX vs. FXAIX — Risk-Adjusted Performance Rank
FHCDX
FXAIX
FHCDX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2060 Fund Class K6 (FHCDX) 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.
Dividends
FHCDX vs. FXAIX - Dividend Comparison
FHCDX's dividend yield for the trailing twelve months is around 1.69%, more than FXAIX's 1.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHCDX Fidelity Freedom Blend 2060 Fund Class K6 | 1.69% | 1.78% | 1.72% | 2.43% | 2.40% | 1.25% | 1.66% | 1.80% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
FHCDX vs. FXAIX - Drawdown Comparison
The maximum FHCDX drawdown since its inception was -32.26%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FHCDX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FHCDX vs. FXAIX - Volatility Comparison
Fidelity Freedom Blend 2060 Fund Class K6 (FHCDX) and Fidelity 500 Index Fund (FXAIX) have volatilities of 3.08% and 3.21%, 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.