FHFAX vs. AAMTX
FHFAX (Fidelity Advisor Freedom 2055 Fund Class A) and AAMTX (American Funds 2055 Target Date Retirement Fund) are both Target Retirement Date funds. Over the past 10 years, FHFAX returned 11.46%/yr vs 11.61%/yr for AAMTX. Their 0.98 correlation means they have historically moved very closely together. FHFAX charges 1.00%/yr vs 0.33%/yr for AAMTX.
Performance
FHFAX vs. AAMTX - Performance Comparison
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Returns By Period
In the year-to-date period, FHFAX achieves a 11.09% return, which is significantly higher than AAMTX's 9.25% return. Both investments have delivered pretty close results over the past 10 years, with FHFAX having a 11.46% annualized return and AAMTX not far ahead at 11.61%.
FHFAX
- 1D
- 0.54%
- 1M
- -0.64%
- 6M
- 6.86%
- YTD
- 11.09%
- 1Y
- 22.14%
- 3Y*
- 17.17%
- 5Y*
- 9.15%
- 10Y*
- 11.46%
- ALL TIME*
- 9.63%
AAMTX
- 1D
- 0.81%
- 1M
- -0.79%
- 6M
- 5.97%
- YTD
- 9.25%
- 1Y
- 19.42%
- 3Y*
- 16.68%
- 5Y*
- 9.00%
- 10Y*
- 11.61%
- ALL TIME*
- 10.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FHFAX vs. AAMTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FHFAX Fidelity Advisor Freedom 2055 Fund Class A | 11.09% | 22.74% | 13.42% | 18.88% | -18.20% | 15.74% | 17.26% | 26.38% | -8.52% | 21.37% |
AAMTX American Funds 2055 Target Date Retirement Fund | 9.25% | 20.37% | 15.16% | 21.03% | -19.75% | 16.94% | 19.06% | 24.60% | -5.95% | 22.20% |
Correlation
The correlation between FHFAX and AAMTX is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.97 |
Correlation (3Y) Balances recent behavior with more history. | 0.97 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.97 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.97 |
Correlation (All Time) Calculated using the full available price history since Jun 2, 2011 | 0.98 |
The correlation between FHFAX and AAMTX has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.
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Return for Risk
FHFAX vs. AAMTX — Risk / Return Rank
FHFAX
AAMTX
FHFAX vs. AAMTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2055 Fund Class A (FHFAX) and American Funds 2055 Target Date Retirement Fund (AAMTX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FHFAX | AAMTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.06 | ||
| Sortino ratioReturn per unit of downside risk | +0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.25 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | 1.88 | +0.23 |
| Martin ratioReturn relative to average drawdown | 8.73 | 8.06 | +0.67 |
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Drawdowns
FHFAX vs. AAMTX - Drawdown Comparison
The maximum FHFAX drawdown since its inception was -31.27%, which is greater than AAMTX's maximum drawdown of -29.32%. Use the drawdown chart below to compare losses from any high point for FHFAX and AAMTX.
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Drawdown Indicators
| FHFAX | AAMTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.27% | -29.32% | -1.95% |
Max Drawdown (1Y)Largest decline over 1 year | -9.91% | -9.71% | -0.20% |
Max Drawdown (3Y)Largest decline over 3 years | -15.13% | -15.39% | +0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -27.45% | -27.34% | -0.11% |
Max Drawdown (10Y)Largest decline over 10 years | -31.27% | -29.32% | -1.95% |
Current DrawdownCurrent decline from peak | -2.01% | -1.67% | -0.34% |
Average DrawdownAverage peak-to-trough decline | -4.75% | -4.25% | -0.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.39% | 2.26% | +0.13% |
Volatility
FHFAX vs. AAMTX - Volatility Comparison
Fidelity Advisor Freedom 2055 Fund Class A (FHFAX) has a higher volatility of 4.41% compared to American Funds 2055 Target Date Retirement Fund (AAMTX) at 3.83%. This indicates that FHFAX's price experiences larger fluctuations and is considered to be riskier than AAMTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHFAX | AAMTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 3.83% | +0.58% |
Volatility (6M)Calculated over the trailing 6-month period | 12.45% | 10.87% | +1.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.38% | 13.13% | +1.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.22% | 14.78% | +0.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.52% | 15.04% | +0.48% |
FHFAX vs. AAMTX - Expense Ratio Comparison
FHFAX has a 1.00% expense ratio, which is higher than AAMTX's 0.33% expense ratio.
Dividends
FHFAX vs. AAMTX - Dividend Comparison
FHFAX's dividend yield for the trailing twelve months is around 6.20%, more than AAMTX's 5.22% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAMTX American Funds 2055 Target Date Retirement Fund | 5.22% | 5.70% | 3.22% | 2.22% | 6.92% | 4.15% | 2.98% | 3.92% | 4.46% | 2.18% | 3.19% | 4.06% |
FHFAX Fidelity Advisor Freedom 2055 Fund Class A | 6.20% | 5.19% | 1.28% | 1.57% | 10.67% | 9.08% | 4.81% | 6.33% | 9.98% | 3.29% | 4.16% | 4.12% |
Frequently Asked Questions
With a correlation of 0.97, FHFAX and AAMTX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FHFAX has higher volatility (4.41%) compared to AAMTX (3.83%). In terms of maximum drawdown, FHFAX dropped -31.27% vs AAMTX's -29.32%.
FHFAX currently has the higher Sharpe Ratio (1.45 vs 1.39), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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