FHEDX vs. SPYI

In the year-to-date period, FHEDX achieves a 5.95% return, which is significantly higher than SPYI's 1.48% return.

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FHEDX has a 0.29% expense ratio, which is lower than SPYI's 0.68% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2050 Fund Class K6 (FHEDX) and NEOS S&P 500 High Income ETF (SPYI). 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 FHEDX Sharpe Ratio is 0.72, which is comparable to the SPYI Sharpe Ratio of 0.72. The chart below compares the historical Sharpe Ratios of FHEDX and SPYI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

FHEDX's dividend yield for the trailing twelve months is around 3.08%, less than SPYI's 12.54% yield.

The maximum FHEDX drawdown since its inception was -31.34%, which is greater than SPYI's maximum drawdown of -16.47%. Use the drawdown chart below to compare losses from any high point for FHEDX and SPYI.

Fidelity Freedom Blend 2050 Fund Class K6 (FHEDX) has a higher volatility of 3.43% compared to NEOS S&P 500 High Income ETF (SPYI) at 3.21%. This indicates that FHEDX's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.