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FHFDX vs. PLWIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FHFDX vs. PLWIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Blend 2045 Fund Class K6 (FHFDX) and Principal LifeTime 2020 Fund (PLWIX). The values are adjusted to include any dividend payments, if applicable.

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FHFDX vs. PLWIX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
FHFDX
Fidelity Freedom Blend 2045 Fund Class K6
-0.60%22.90%16.61%20.71%-18.89%16.43%18.08%26.76%-11.84%
PLWIX
Principal LifeTime 2020 Fund
-0.99%11.32%12.21%12.23%-14.36%9.05%12.70%18.40%-8.05%

Returns By Period

In the year-to-date period, FHFDX achieves a -0.60% return, which is significantly higher than PLWIX's -0.99% return.


FHFDX

1D
2.96%
1M
-5.67%
YTD
-0.60%
6M
2.63%
1Y
21.59%
3Y*
17.03%
5Y*
8.81%
10Y*

PLWIX

1D
1.27%
1M
-2.99%
YTD
-0.99%
6M
0.19%
1Y
8.94%
3Y*
10.01%
5Y*
4.78%
10Y*
6.99%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FHFDX vs. PLWIX - Expense Ratio Comparison

FHFDX has a 0.29% expense ratio, which is higher than PLWIX's 0.01% expense ratio.


Return for Risk

FHFDX vs. PLWIX — Risk / Return Rank

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

FHFDX
FHFDX Risk / Return Rank: 7474
Overall Rank
FHFDX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
FHFDX Sortino Ratio Rank: 7575
Sortino Ratio Rank
FHFDX Omega Ratio Rank: 7575
Omega Ratio Rank
FHFDX Calmar Ratio Rank: 7070
Calmar Ratio Rank
FHFDX Martin Ratio Rank: 7777
Martin Ratio Rank

PLWIX
PLWIX Risk / Return Rank: 6262
Overall Rank
PLWIX Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
PLWIX Sortino Ratio Rank: 6262
Sortino Ratio Rank
PLWIX Omega Ratio Rank: 6060
Omega Ratio Rank
PLWIX Calmar Ratio Rank: 5858
Calmar Ratio Rank
PLWIX Martin Ratio Rank: 6666
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.

FHFDX vs. PLWIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2045 Fund Class K6 (FHFDX) and Principal LifeTime 2020 Fund (PLWIX). 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.


FHFDXPLWIXDifference

Sharpe ratio

Return per unit of total volatility

1.38

1.22

+0.16

Sortino ratio

Return per unit of downside risk

1.98

1.76

+0.22

Omega ratio

Gain probability vs. loss probability

1.30

1.26

+0.04

Calmar ratio

Return relative to maximum drawdown

1.78

1.62

+0.16

Martin ratio

Return relative to average drawdown

8.11

7.21

+0.89

FHFDX vs. PLWIX - Sharpe Ratio Comparison

The current FHFDX Sharpe Ratio is 1.38, which is comparable to the PLWIX Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of FHFDX and PLWIX, 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


FHFDXPLWIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.38

1.22

+0.16

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.59

0.58

+0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.82

Sharpe Ratio (All Time)

Calculated using the full available price history

0.63

0.52

+0.12

Correlation

The correlation between FHFDX and PLWIX is 0.94, 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

FHFDX vs. PLWIX - Dividend Comparison

FHFDX's dividend yield for the trailing twelve months is around 2.75%, less than PLWIX's 10.18% yield.


TTM20252024202320222021202020192018201720162015
FHFDX
Fidelity Freedom Blend 2045 Fund Class K6
2.75%2.73%4.97%2.00%6.36%8.51%5.00%3.40%3.21%0.00%0.00%0.00%
PLWIX
Principal LifeTime 2020 Fund
10.18%10.08%11.91%5.12%9.82%9.40%5.90%8.69%7.35%5.74%3.73%8.75%

Drawdowns

FHFDX vs. PLWIX - Drawdown Comparison

The maximum FHFDX drawdown since its inception was -31.28%, smaller than the maximum PLWIX drawdown of -49.07%. Use the drawdown chart below to compare losses from any high point for FHFDX and PLWIX.


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Drawdown Indicators


FHFDXPLWIXDifference

Max Drawdown

Largest peak-to-trough decline

-31.28%

-49.07%

+17.79%

Max Drawdown (1Y)

Largest decline over 1 year

-11.38%

-5.75%

-5.63%

Max Drawdown (5Y)

Largest decline over 5 years

-27.68%

-19.73%

-7.95%

Max Drawdown (10Y)

Largest decline over 10 years

-20.29%

Current Drawdown

Current decline from peak

-6.72%

-3.38%

-3.34%

Average Drawdown

Average peak-to-trough decline

-5.95%

-5.76%

-0.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.50%

1.29%

+1.21%

Volatility

FHFDX vs. PLWIX - Volatility Comparison

Fidelity Freedom Blend 2045 Fund Class K6 (FHFDX) has a higher volatility of 6.32% compared to Principal LifeTime 2020 Fund (PLWIX) at 3.00%. This indicates that FHFDX's price experiences larger fluctuations and is considered to be riskier than PLWIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FHFDXPLWIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.32%

3.00%

+3.32%

Volatility (6M)

Calculated over the trailing 6-month period

9.71%

4.52%

+5.19%

Volatility (1Y)

Calculated over the trailing 1-year period

16.18%

7.56%

+8.62%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.98%

8.24%

+6.74%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.93%

8.56%

+8.37%