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FHFAX vs. FNILX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FHFAX vs. FNILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2055 Fund Class A (FHFAX) and Fidelity ZERO Large Cap Index Fund (FNILX). The values are adjusted to include any dividend payments, if applicable.

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FHFAX vs. FNILX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
FHFAX
Fidelity Advisor Freedom 2055 Fund Class A
-4.07%22.74%13.42%18.88%-18.20%15.74%17.26%26.38%-12.40%
FNILX
Fidelity ZERO Large Cap Index Fund
-7.30%17.81%25.47%27.45%-19.37%26.67%21.13%31.79%-13.60%

Returns By Period

In the year-to-date period, FHFAX achieves a -4.07% return, which is significantly higher than FNILX's -7.30% return.


FHFAX

1D
-0.30%
1M
-9.37%
YTD
-4.07%
6M
-0.97%
1Y
17.20%
3Y*
14.31%
5Y*
7.40%
10Y*
10.36%

FNILX

1D
-0.35%
1M
-7.60%
YTD
-7.30%
6M
-5.00%
1Y
14.41%
3Y*
17.43%
5Y*
11.17%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FHFAX vs. FNILX - Expense Ratio Comparison

FHFAX has a 1.00% expense ratio, which is higher than FNILX's 0.00% expense ratio.


Return for Risk

FHFAX vs. FNILX — Risk / Return Rank

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

FHFAX
FHFAX Risk / Return Rank: 6060
Overall Rank
FHFAX Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
FHFAX Sortino Ratio Rank: 5959
Sortino Ratio Rank
FHFAX Omega Ratio Rank: 6060
Omega Ratio Rank
FHFAX Calmar Ratio Rank: 5757
Calmar Ratio Rank
FHFAX Martin Ratio Rank: 6363
Martin Ratio Rank

FNILX
FNILX Risk / Return Rank: 4545
Overall Rank
FNILX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
FNILX Sortino Ratio Rank: 4444
Sortino Ratio Rank
FNILX Omega Ratio Rank: 4949
Omega Ratio Rank
FNILX Calmar Ratio Rank: 4141
Calmar Ratio Rank
FNILX Martin Ratio Rank: 5252
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.

FHFAX vs. FNILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2055 Fund Class A (FHFAX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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.


FHFAXFNILXDifference

Sharpe ratio

Return per unit of total volatility

1.09

0.83

+0.26

Sortino ratio

Return per unit of downside risk

1.57

1.28

+0.29

Omega ratio

Gain probability vs. loss probability

1.23

1.20

+0.04

Calmar ratio

Return relative to maximum drawdown

1.37

1.04

+0.33

Martin ratio

Return relative to average drawdown

6.04

5.01

+1.02

FHFAX vs. FNILX - Sharpe Ratio Comparison

The current FHFAX Sharpe Ratio is 1.09, which is higher than the FNILX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of FHFAX and FNILX, 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


FHFAXFNILXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.09

0.83

+0.26

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.50

0.65

-0.15

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.68

Sharpe Ratio (All Time)

Calculated using the full available price history

0.59

0.64

-0.05

Correlation

The correlation between FHFAX and FNILX 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.


Dividends

FHFAX vs. FNILX - Dividend Comparison

FHFAX's dividend yield for the trailing twelve months is around 5.41%, more than FNILX's 1.09% yield.


TTM20252024202320222021202020192018201720162015
FHFAX
Fidelity Advisor Freedom 2055 Fund Class A
5.41%5.19%1.28%1.57%10.67%9.08%4.81%6.33%9.98%3.29%4.16%4.12%
FNILX
Fidelity ZERO Large Cap Index Fund
1.09%1.01%1.09%1.34%1.53%0.95%1.20%1.17%0.53%0.00%0.00%0.00%

Drawdowns

FHFAX vs. FNILX - Drawdown Comparison

The maximum FHFAX drawdown since its inception was -31.27%, smaller than the maximum FNILX drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for FHFAX and FNILX.


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Drawdown Indicators


FHFAXFNILXDifference

Max Drawdown

Largest peak-to-trough decline

-31.27%

-33.76%

+2.49%

Max Drawdown (1Y)

Largest decline over 1 year

-11.13%

-12.18%

+1.05%

Max Drawdown (5Y)

Largest decline over 5 years

-27.45%

-25.40%

-2.05%

Max Drawdown (10Y)

Largest decline over 10 years

-31.27%

Current Drawdown

Current decline from peak

-9.91%

-9.01%

-0.90%

Average Drawdown

Average peak-to-trough decline

-4.82%

-5.47%

+0.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.53%

2.54%

-0.01%

Volatility

FHFAX vs. FNILX - Volatility Comparison

Fidelity Advisor Freedom 2055 Fund Class A (FHFAX) has a higher volatility of 5.62% compared to Fidelity ZERO Large Cap Index Fund (FNILX) at 4.23%. This indicates that FHFAX's price experiences larger fluctuations and is considered to be riskier than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FHFAXFNILXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.62%

4.23%

+1.39%

Volatility (6M)

Calculated over the trailing 6-month period

9.48%

9.14%

+0.34%

Volatility (1Y)

Calculated over the trailing 1-year period

15.78%

18.26%

-2.48%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.77%

17.22%

-2.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.39%

20.17%

-4.78%