FHEDX vs. FCQTX
Compare and contrast key facts about Fidelity Freedom Blend 2050 Fund Class K6 (FHEDX) and American Funds 2065 Target Date Retirement Fund (FCQTX).
FHEDX is managed by Fidelity. It was launched on Aug 31, 2018. FCQTX is managed by American Funds. It was launched on Mar 26, 2020.
Performance
FHEDX vs. FCQTX - Performance Comparison
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FHEDX vs. FCQTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FHEDX Fidelity Freedom Blend 2050 Fund Class K6 | -0.66% | 22.89% | 16.71% | 20.79% | -18.90% | 16.48% | 50.20% |
FCQTX American Funds 2065 Target Date Retirement Fund | -3.37% | 20.74% | 15.64% | 21.56% | -19.63% | 17.34% | 47.06% |
Returns By Period
In the year-to-date period, FHEDX achieves a -0.66% return, which is significantly higher than FCQTX's -3.37% return.
FHEDX
- 1D
- 3.03%
- 1M
- -5.73%
- YTD
- -0.66%
- 6M
- 2.53%
- 1Y
- 21.50%
- 3Y*
- 17.05%
- 5Y*
- 8.83%
- 10Y*
- —
FCQTX
- 1D
- 2.74%
- 1M
- -6.47%
- YTD
- -3.37%
- 6M
- -0.75%
- 1Y
- 18.43%
- 3Y*
- 15.53%
- 5Y*
- 7.94%
- 10Y*
- —
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FHEDX vs. FCQTX - Expense Ratio Comparison
FHEDX has a 0.29% expense ratio, which is higher than FCQTX's 0.01% expense ratio.
Return for Risk
FHEDX vs. FCQTX — Risk / Return Rank
FHEDX
FCQTX
FHEDX vs. FCQTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2050 Fund Class K6 (FHEDX) and American Funds 2065 Target Date Retirement Fund (FCQTX). 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.
| FHEDX | FCQTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.38 | 1.24 | +0.14 |
Sortino ratioReturn per unit of downside risk | 1.97 | 1.85 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.26 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.77 | 1.85 | -0.08 |
Martin ratioReturn relative to average drawdown | 8.01 | 7.89 | +0.12 |
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
| FHEDX | FCQTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | 1.24 | +0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.55 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.98 | -0.35 |
Correlation
The correlation between FHEDX and FCQTX is 0.97, 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
FHEDX vs. FCQTX - Dividend Comparison
FHEDX's dividend yield for the trailing twelve months is around 2.58%, less than FCQTX's 4.83% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FHEDX Fidelity Freedom Blend 2050 Fund Class K6 | 2.58% | 2.56% | 5.13% | 1.95% | 6.32% | 8.45% | 4.87% | 3.32% | 3.71% |
FCQTX American Funds 2065 Target Date Retirement Fund | 4.83% | 4.67% | 2.80% | 1.99% | 3.96% | 1.54% | 0.72% | 0.00% | 0.00% |
Drawdowns
FHEDX vs. FCQTX - Drawdown Comparison
The maximum FHEDX drawdown since its inception was -31.34%, which is greater than FCQTX's maximum drawdown of -27.34%. Use the drawdown chart below to compare losses from any high point for FHEDX and FCQTX.
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Drawdown Indicators
| FHEDX | FCQTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.34% | -27.34% | -4.00% |
Max Drawdown (1Y)Largest decline over 1 year | -11.40% | -10.21% | -1.19% |
Max Drawdown (5Y)Largest decline over 5 years | -27.65% | -27.34% | -0.31% |
Current DrawdownCurrent decline from peak | -6.79% | -7.36% | +0.57% |
Average DrawdownAverage peak-to-trough decline | -5.94% | -6.02% | +0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 2.39% | +0.13% |
Volatility
FHEDX vs. FCQTX - Volatility Comparison
Fidelity Freedom Blend 2050 Fund Class K6 (FHEDX) has a higher volatility of 6.53% compared to American Funds 2065 Target Date Retirement Fund (FCQTX) at 5.61%. This indicates that FHEDX's price experiences larger fluctuations and is considered to be riskier than FCQTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHEDX | FCQTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.53% | 5.61% | +0.92% |
Volatility (6M)Calculated over the trailing 6-month period | 9.88% | 9.44% | +0.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.25% | 15.36% | +0.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.00% | 14.63% | +0.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.96% | 15.09% | +1.87% |