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FHDEX vs. FCNTX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FHDEX vs. FCNTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom Blend 2040 Fund Class A (FHDEX) and Fidelity Contrafund Fund (FCNTX). The values are adjusted to include any dividend payments, if applicable.

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FHDEX vs. FCNTX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
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%
FCNTX
Fidelity Contrafund Fund
-5.35%21.76%36.00%38.67%-28.31%24.52%32.48%30.00%-16.28%

Returns By Period

In the year-to-date period, FHDEX achieves a -3.12% return, which is significantly higher than FCNTX's -5.35% return.


FHDEX

1D
-0.21%
1M
-8.21%
YTD
-3.12%
6M
-0.16%
1Y
16.82%
3Y*
14.57%
5Y*
7.49%
10Y*

FCNTX

1D
3.52%
1M
-5.86%
YTD
-5.35%
6M
-2.60%
1Y
19.23%
3Y*
24.91%
5Y*
13.21%
10Y*
16.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FHDEX vs. FCNTX - Expense Ratio Comparison

FHDEX has a 0.74% expense ratio, which is higher than FCNTX's 0.39% expense ratio.


Return for Risk

FHDEX vs. FCNTX — Risk / Return Rank

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

FHDEX
FHDEX Risk / Return Rank: 6565
Overall Rank
FHDEX Sharpe Ratio Rank: 6464
Sharpe Ratio Rank
FHDEX Sortino Ratio Rank: 6565
Sortino Ratio Rank
FHDEX Omega Ratio Rank: 6565
Omega Ratio Rank
FHDEX Calmar Ratio Rank: 6161
Calmar Ratio Rank
FHDEX Martin Ratio Rank: 7070
Martin Ratio Rank

FCNTX
FCNTX Risk / Return Rank: 6262
Overall Rank
FCNTX Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
FCNTX Sortino Ratio Rank: 5757
Sortino Ratio Rank
FCNTX Omega Ratio Rank: 5454
Omega Ratio Rank
FCNTX Calmar Ratio Rank: 7575
Calmar Ratio Rank
FCNTX Martin Ratio Rank: 7272
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FHDEX vs. FCNTX - 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 Contrafund Fund (FCNTX). 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.


FHDEXFCNTXDifference

Sharpe ratio

Return per unit of total volatility

1.16

1.01

+0.15

Sortino ratio

Return per unit of downside risk

1.68

1.56

+0.12

Omega ratio

Gain probability vs. loss probability

1.25

1.22

+0.03

Calmar ratio

Return relative to maximum drawdown

1.44

1.79

-0.35

Martin ratio

Return relative to average drawdown

6.68

6.87

-0.19

FHDEX vs. FCNTX - Sharpe Ratio Comparison

The current FHDEX Sharpe Ratio is 1.16, which is comparable to the FCNTX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of FHDEX and FCNTX, 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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Sharpe Ratios by Period


FHDEXFCNTXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.16

1.01

+0.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.52

0.69

-0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.82

Sharpe Ratio (All Time)

Calculated using the full available price history

0.57

0.76

-0.19

Correlation

The correlation between FHDEX and FCNTX is 0.86, 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. FCNTX - Dividend Comparison

FHDEX's dividend yield for the trailing twelve months is around 2.70%, less than FCNTX's 4.93% yield.


TTM20252024202320222021202020192018201720162015
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%
FCNTX
Fidelity Contrafund Fund
4.93%5.21%4.19%3.78%11.87%10.80%8.01%4.16%7.46%6.08%3.81%5.33%

Drawdowns

FHDEX vs. FCNTX - Drawdown Comparison

The maximum FHDEX drawdown since its inception was -31.34%, smaller than the maximum FCNTX drawdown of -49.19%. Use the drawdown chart below to compare losses from any high point for FHDEX and FCNTX.


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Drawdown Indicators


FHDEXFCNTXDifference

Max Drawdown

Largest peak-to-trough decline

-31.34%

-49.19%

+17.85%

Max Drawdown (1Y)

Largest decline over 1 year

-10.56%

-11.30%

+0.74%

Max Drawdown (5Y)

Largest decline over 5 years

-27.85%

-32.59%

+4.74%

Max Drawdown (10Y)

Largest decline over 10 years

-32.59%

Current Drawdown

Current decline from peak

-8.63%

-8.18%

-0.45%

Average Drawdown

Average peak-to-trough decline

-6.11%

-8.18%

+2.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.28%

2.95%

-0.67%

Volatility

FHDEX vs. FCNTX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom Blend 2040 Fund Class A (FHDEX) is 4.93%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 6.51%. This indicates that FHDEX experiences smaller price fluctuations and is considered to be less risky than FCNTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FHDEXFCNTXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.93%

6.51%

-1.58%

Volatility (6M)

Calculated over the trailing 6-month period

8.43%

11.12%

-2.69%

Volatility (1Y)

Calculated over the trailing 1-year period

14.50%

19.95%

-5.45%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.35%

19.19%

-4.84%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.56%

19.64%

-3.08%