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FHCDX vs. FXAIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Blend 2060 Fund Class K6 (FHCDX) and Fidelity 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FHCDX:

0.72

FXAIX:

0.75

Sortino Ratio

FHCDX:

0.99

FXAIX:

1.07

Omega Ratio

FHCDX:

1.14

FXAIX:

1.15

Calmar Ratio

FHCDX:

0.68

FXAIX:

0.72

Martin Ratio

FHCDX:

2.92

FXAIX:

2.73

Ulcer Index

FHCDX:

3.60%

FXAIX:

4.85%

Daily Std Dev

FHCDX:

16.65%

FXAIX:

19.78%

Max Drawdown

FHCDX:

-31.29%

FXAIX:

-33.79%

Current Drawdown

FHCDX:

-0.37%

FXAIX:

-3.14%

Returns By Period

In the year-to-date period, FHCDX achieves a 5.94% return, which is significantly higher than FXAIX's 1.34% return.


FHCDX

YTD

5.94%

1M

5.12%

6M

2.39%

1Y

11.24%

3Y*

10.87%

5Y*

12.21%

10Y*

N/A

FXAIX

YTD

1.34%

1M

5.62%

6M

-1.07%

1Y

13.84%

3Y*

14.51%

5Y*

16.00%

10Y*

12.68%

*Annualized

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Fidelity 500 Index Fund

FHCDX vs. FXAIX - Expense Ratio Comparison

FHCDX has a 0.29% expense ratio, which is higher than FXAIX's 0.02% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FHCDX vs. FXAIX — Risk-Adjusted Performance Rank

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

FHCDX
The Risk-Adjusted Performance Rank of FHCDX is 5656
Overall Rank
The Sharpe Ratio Rank of FHCDX is 5151
Sharpe Ratio Rank
The Sortino Ratio Rank of FHCDX is 5151
Sortino Ratio Rank
The Omega Ratio Rank of FHCDX is 5050
Omega Ratio Rank
The Calmar Ratio Rank of FHCDX is 6262
Calmar Ratio Rank
The Martin Ratio Rank of FHCDX is 6464
Martin Ratio Rank

FXAIX
The Risk-Adjusted Performance Rank of FXAIX is 5959
Overall Rank
The Sharpe Ratio Rank of FXAIX is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of FXAIX is 5656
Sortino Ratio Rank
The Omega Ratio Rank of FXAIX is 5959
Omega Ratio Rank
The Calmar Ratio Rank of FXAIX is 6464
Calmar Ratio Rank
The Martin Ratio Rank of FXAIX is 6060
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FHCDX Sharpe Ratio is 0.72, which is comparable to the FXAIX Sharpe Ratio of 0.75. The chart below compares the historical Sharpe Ratios of FHCDX and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FHCDX vs. FXAIX - Dividend Comparison

FHCDX's dividend yield for the trailing twelve months is around 3.23%, more than FXAIX's 1.55% yield.


TTM20242023202220212020201920182017201620152014
FHCDX
Fidelity Freedom Blend 2060 Fund Class K6
3.23%2.79%2.05%5.98%8.10%4.24%3.04%3.50%0.00%0.00%0.00%0.00%
FXAIX
Fidelity 500 Index Fund
1.55%1.25%1.45%1.69%1.22%1.60%2.06%2.72%1.97%2.52%2.83%2.08%

Drawdowns

FHCDX vs. FXAIX - Drawdown Comparison

The maximum FHCDX drawdown since its inception was -31.29%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FHCDX and FXAIX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FHCDX vs. FXAIX - Volatility Comparison

The current volatility for Fidelity Freedom Blend 2060 Fund Class K6 (FHCDX) is 3.42%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.77%. This indicates that FHCDX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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