FHFEX vs. FNSDX

Last updated Aug 1, 2026

FHFEX (Fidelity Freedom Blend 2010 Fund Class K) and FNSDX (Fidelity Freedom 2055 Fund Class K) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FHFEX returned 3.11%/yr vs 10.05%/yr for FNSDX. Their correlation of 0.87 means they have usually moved in the same direction. FHFEX charges 0.31%/yr vs 0.65%/yr for FNSDX.

Performance

FHFEX vs. FNSDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Blend 2010 Fund Class K (FHFEX) and Fidelity Freedom 2055 Fund Class K (FNSDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FHFEX achieves a 4.21% return, which is significantly lower than FNSDX's 12.04% return.

FHFEX

• 1D: 0.72%
• 1M: -0.62%
• 6M: 2.78%
• YTD: 4.21%
• 1Y: 8.88%
• 3Y*: 7.92%
• 5Y*: 3.11%
• 10Y*: —
• ALL TIME*: 5.03%

FNSDX

• 1D: 2.26%
• 1M: -1.21%
• 6M: 7.90%
• YTD: 12.04%
• 1Y: 24.59%
• 3Y*: 17.94%
• 5Y*: 10.05%
• 10Y*: —
• ALL TIME*: 11.43%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FHFEX Fidelity Freedom Blend 2010 Fund Class K	$0.00	$0.00	$0.00
FNSDX Fidelity Freedom 2055 Fund Class K	$0.00	$0.00	$0.00

FHFEX vs. FNSDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FHFEX Fidelity Freedom Blend 2010 Fund Class K	4.21%	11.24%	5.11%	9.78%	-13.50%	5.31%	10.71%	14.49%	-4.53%
FNSDX Fidelity Freedom 2055 Fund Class K	12.04%	23.81%	14.18%	20.65%	-18.23%	16.65%	18.34%	25.58%	-12.64%

Correlation

The correlation between FHFEX and FNSDX is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (All Time) Calculated using the full available price history since Aug 31, 2018	0.87

The correlation between FHFEX and FNSDX has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

Return for Risk

FHFEX vs. FNSDX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FHFEX

FHFEX Risk / Return Rank: 68
FHFEX Sharpe Ratio Rank: 65
FHFEX Sortino Ratio Rank: 66
FHFEX Omega Ratio Rank: 69
FHFEX Calmar Ratio Rank: 67
FHFEX Martin Ratio Rank: 73

FNSDX

FNSDX Risk / Return Rank: 72
FNSDX Sharpe Ratio Rank: 69
FNSDX Sortino Ratio Rank: 68
FNSDX Omega Ratio Rank: 68
FNSDX Calmar Ratio Rank: 74
FNSDX Martin Ratio Rank: 81

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FHFEX vs. FNSDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2010 Fund Class K (FHFEX) and Fidelity Freedom 2055 Fund Class K (FNSDX). 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.

	FHFEX	FNSDX	Difference
Sharpe ratio: Return per unit of total volatility	1.62	1.59	+0.03
Sortino ratio: Return per unit of downside risk	2.35	2.24	+0.11
Omega ratio: Gain probability vs. loss probability	1.31	1.29	+0.02
Calmar ratio: Return relative to maximum drawdown	2.28	2.36	-0.07
Martin ratio: Return relative to average drawdown	9.29	9.83	-0.53

FHFEX vs. FNSDX - Sharpe Ratio Comparison

The current FHFEX Sharpe Ratio is 1.62, which is comparable to the FNSDX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of FHFEX and FNSDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FHFEX vs. FNSDX - Drawdown Comparison

The maximum FHFEX drawdown since its inception was -18.55%, smaller than the maximum FNSDX drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for FHFEX and FNSDX.

Drawdown Indicators

	FHFEX	FNSDX	Difference
Max Drawdown Largest peak-to-trough decline	-18.55%	-30.95%	+12.40%
Max Drawdown (1Y) Largest decline over 1 year	-3.96%	-9.76%	+5.80%
Max Drawdown (3Y) Largest decline over 3 years	-4.69%	-15.44%	+10.75%
Max Drawdown (5Y) Largest decline over 5 years	-18.55%	-27.31%	+8.76%
Current Drawdown Current decline from peak	-1.24%	-2.49%	+1.25%
Average Drawdown Average peak-to-trough decline	-3.85%	-5.54%	+1.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	2.33%	-1.36%

Volatility

FHFEX vs. FNSDX - Volatility Comparison

The current volatility for Fidelity Freedom Blend 2010 Fund Class K (FHFEX) is 1.80%, while Fidelity Freedom 2055 Fund Class K (FNSDX) has a volatility of 4.40%. This indicates that FHFEX experiences smaller price fluctuations and is considered to be less risky than FNSDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FHFEX	FNSDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.80%	4.40%	-2.60%
Volatility (6M) Calculated over the trailing 6-month period	4.87%	12.42%	-7.55%
Volatility (1Y) Calculated over the trailing 1-year period	5.60%	14.46%	-8.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.53%	15.29%	-8.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.73%	16.03%	-9.30%

FHFEX vs. FNSDX - Expense Ratio Comparison

FHFEX has a 0.31% expense ratio, which is lower than FNSDX's 0.65% expense ratio.

Dividends

FHFEX vs. FNSDX - Dividend Comparison

FHFEX's dividend yield for the trailing twelve months is around 2.93%, less than FNSDX's 5.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FHFEX Fidelity Freedom Blend 2010 Fund Class K	2.93%	3.06%	2.89%	2.69%	5.14%	6.10%	3.45%	2.46%	1.99%	0.00%
FNSDX Fidelity Freedom 2055 Fund Class K	5.05%	3.87%	2.13%	2.07%	11.45%	11.27%	4.26%	6.31%	6.79%	2.72%

Frequently Asked Questions

Can I hold both FHFEX and FNSDX in my portfolio?

With a correlation of 0.91, FHFEX and FNSDX 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.

Which is riskier, FHFEX or FNSDX?

FNSDX has higher volatility (4.40%) compared to FHFEX (1.80%). In terms of maximum drawdown, FHFEX dropped -18.55% vs FNSDX's -30.95%.

Which has better risk-adjusted returns?

FHFEX currently has the higher Sharpe Ratio (1.62 vs 1.59), 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.