FHDEX vs. FBIFX
Compare and contrast key facts about Fidelity Advisor Freedom Blend 2040 Fund Class A (FHDEX) and Fidelity Freedom Index 2040 Fund Investor Class (FBIFX).
FHDEX is managed by Fidelity. It was launched on Aug 31, 2018. FBIFX is managed by Fidelity. It was launched on Oct 2, 2009.
Performance
FHDEX vs. FBIFX - Performance Comparison
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FHDEX vs. FBIFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FHDEX Fidelity Advisor Freedom Blend 2040 Fund Class A | -3.12% | 20.68% | 15.13% | 19.62% | -19.25% | 15.95% | 17.55% | 26.13% | -11.92% |
FBIFX Fidelity Freedom Index 2040 Fund Investor Class | -3.60% | 19.88% | 13.32% | 19.37% | -18.16% | 15.88% | 16.47% | 25.95% | -11.81% |
Returns By Period
In the year-to-date period, FHDEX achieves a -3.12% return, which is significantly higher than FBIFX's -3.60% return.
FHDEX
- 1D
- -0.21%
- 1M
- -8.21%
- YTD
- -3.12%
- 6M
- -0.16%
- 1Y
- 16.82%
- 3Y*
- 14.57%
- 5Y*
- 7.49%
- 10Y*
- —
FBIFX
- 1D
- -0.07%
- 1M
- -7.73%
- YTD
- -3.60%
- 6M
- -0.93%
- 1Y
- 15.51%
- 3Y*
- 13.52%
- 5Y*
- 7.34%
- 10Y*
- 10.18%
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FHDEX vs. FBIFX - Expense Ratio Comparison
FHDEX has a 0.74% expense ratio, which is higher than FBIFX's 0.12% expense ratio.
Return for Risk
FHDEX vs. FBIFX — Risk / Return Rank
FHDEX
FBIFX
FHDEX vs. FBIFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Blend 2040 Fund Class A (FHDEX) and Fidelity Freedom Index 2040 Fund Investor Class (FBIFX). 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.
| FHDEX | FBIFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.16 | 1.14 | +0.02 |
Sortino ratioReturn per unit of downside risk | 1.68 | 1.65 | +0.02 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.25 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.41 | +0.03 |
Martin ratioReturn relative to average drawdown | 6.68 | 6.58 | +0.10 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FHDEX | FBIFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 1.14 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.54 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.69 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 0.66 | -0.09 |
Correlation
The correlation between FHDEX and FBIFX is 0.99, 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
FHDEX vs. FBIFX - Dividend Comparison
FHDEX's dividend yield for the trailing twelve months is around 2.70%, more than FBIFX's 2.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHDEX Fidelity Advisor Freedom Blend 2040 Fund Class A | 2.70% | 2.61% | 4.56% | 1.73% | 6.10% | 8.37% | 4.78% | 3.26% | 3.24% | 0.00% | 0.00% | 0.00% |
FBIFX Fidelity Freedom Index 2040 Fund Investor Class | 2.43% | 2.35% | 2.20% | 1.97% | 2.08% | 1.96% | 2.00% | 18.26% | 2.22% | 1.82% | 1.98% | 2.02% |
Drawdowns
FHDEX vs. FBIFX - Drawdown Comparison
The maximum FHDEX drawdown since its inception was -31.34%, roughly equal to the maximum FBIFX drawdown of -30.73%. Use the drawdown chart below to compare losses from any high point for FHDEX and FBIFX.
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Drawdown Indicators
| FHDEX | FBIFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.34% | -30.73% | -0.61% |
Max Drawdown (1Y)Largest decline over 1 year | -10.56% | -9.97% | -0.59% |
Max Drawdown (5Y)Largest decline over 5 years | -27.85% | -26.12% | -1.73% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.73% | — |
Current DrawdownCurrent decline from peak | -8.63% | -8.10% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -6.11% | -4.15% | -1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.28% | 2.14% | +0.14% |
Volatility
FHDEX vs. FBIFX - Volatility Comparison
Fidelity Advisor Freedom Blend 2040 Fund Class A (FHDEX) has a higher volatility of 4.93% compared to Fidelity Freedom Index 2040 Fund Investor Class (FBIFX) at 4.50%. This indicates that FHDEX's price experiences larger fluctuations and is considered to be riskier than FBIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHDEX | FBIFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.93% | 4.50% | +0.43% |
Volatility (6M)Calculated over the trailing 6-month period | 8.43% | 7.81% | +0.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.50% | 13.77% | +0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.35% | 13.71% | +0.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.56% | 14.83% | +1.73% |