Correlation
The correlation between FHFAX and FXAIX 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.
FHFAX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor Freedom 2055 Fund Class A (FHFAX) and Fidelity 500 Index Fund (FXAIX).
FHFAX is managed by Fidelity. It was launched on Jun 1, 2011. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHFAX or FXAIX.
Performance
FHFAX vs. FXAIX - Performance Comparison
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Key characteristics
FHFAX:
0.74
FXAIX:
0.75
FHFAX:
1.02
FXAIX:
1.07
FHFAX:
1.14
FXAIX:
1.15
FHFAX:
0.71
FXAIX:
0.72
FHFAX:
3.05
FXAIX:
2.73
FHFAX:
3.53%
FXAIX:
4.85%
FHFAX:
16.44%
FXAIX:
19.78%
FHFAX:
-31.27%
FXAIX:
-33.79%
FHFAX:
-0.39%
FXAIX:
-3.14%
Returns By Period
In the year-to-date period, FHFAX achieves a 6.86% return, which is significantly higher than FXAIX's 1.34% return. Over the past 10 years, FHFAX has underperformed FXAIX with an annualized return of 8.59%, while FXAIX has yielded a comparatively higher 12.68% annualized return.
FHFAX
6.86%
5.25%
3.16%
11.52%
10.57%
11.89%
8.59%
FXAIX
1.34%
5.62%
-1.07%
13.84%
14.51%
16.00%
12.68%
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FHFAX vs. FXAIX - Expense Ratio Comparison
FHFAX has a 1.00% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FHFAX vs. FXAIX — Risk-Adjusted Performance Rank
FHFAX
FXAIX
FHFAX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2055 Fund Class A (FHFAX) and Fidelity 500 Index Fund (FXAIX). 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.
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Dividends
FHFAX vs. FXAIX - Dividend Comparison
FHFAX's dividend yield for the trailing twelve months is around 5.03%, more than FXAIX's 1.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHFAX Fidelity Advisor Freedom 2055 Fund Class A | 5.03% | 1.28% | 1.57% | 10.52% | 9.08% | 4.81% | 6.33% | 9.98% | 3.29% | 4.16% | 4.12% | 4.94% |
FXAIX Fidelity 500 Index Fund | 1.55% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.08% |
Drawdowns
FHFAX vs. FXAIX - Drawdown Comparison
The maximum FHFAX drawdown since its inception was -31.27%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FHFAX and FXAIX.
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Volatility
FHFAX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Advisor Freedom 2055 Fund Class A (FHFAX) is 3.28%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.77%. This indicates that FHFAX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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