FHEDX vs. VOO
Compare and contrast key facts about Fidelity Freedom Blend 2050 Fund Class K6 (FHEDX) and Vanguard S&P 500 ETF (VOO).
FHEDX is managed by Fidelity. It was launched on Aug 31, 2018. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHEDX or VOO.
Correlation
The correlation between FHEDX and VOO is 0.93, 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
FHEDX vs. VOO - Performance Comparison
Key characteristics
FHEDX:
1.37
VOO:
1.89
FHEDX:
1.92
VOO:
2.54
FHEDX:
1.25
VOO:
1.35
FHEDX:
1.82
VOO:
2.83
FHEDX:
7.20
VOO:
11.83
FHEDX:
2.22%
VOO:
2.02%
FHEDX:
11.66%
VOO:
12.66%
FHEDX:
-32.48%
VOO:
-33.99%
FHEDX:
-0.52%
VOO:
-0.42%
Returns By Period
In the year-to-date period, FHEDX achieves a 5.40% return, which is significantly higher than VOO's 4.17% return.
FHEDX
5.40%
2.00%
5.64%
16.41%
6.69%
N/A
VOO
4.17%
1.23%
10.51%
24.45%
14.68%
13.26%
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FHEDX vs. VOO - Expense Ratio Comparison
FHEDX has a 0.29% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FHEDX vs. VOO — Risk-Adjusted Performance Rank
FHEDX
VOO
FHEDX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2050 Fund Class K6 (FHEDX) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
FHEDX vs. VOO - Dividend Comparison
FHEDX's dividend yield for the trailing twelve months is around 1.70%, more than VOO's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHEDX Fidelity Freedom Blend 2050 Fund Class K6 | 1.70% | 1.79% | 1.74% | 2.53% | 2.35% | 1.27% | 1.74% | 1.82% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FHEDX vs. VOO - Drawdown Comparison
The maximum FHEDX drawdown since its inception was -32.48%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FHEDX and VOO. For additional features, visit the drawdowns tool.
Volatility
FHEDX vs. VOO - Volatility Comparison
Fidelity Freedom Blend 2050 Fund Class K6 (FHEDX) and Vanguard S&P 500 ETF (VOO) have volatilities of 2.91% and 2.94%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.