FHJGX vs. FCQTX
FHJGX (Fidelity Advisor Freedom Blend 2035 Fund Class A) and FCQTX (American Funds 2065 Target Date Retirement Fund) are both Target Retirement Date funds. Over the past 5 years, FHJGX returned 7.22%/yr vs 9.17%/yr for FCQTX. Their 0.96 correlation means they have historically moved very closely together. FHJGX charges 0.73%/yr vs 0.01%/yr for FCQTX.
Performance
FHJGX vs. FCQTX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with FHJGX having a 8.33% return and FCQTX slightly higher at 8.57%.
FHJGX
- 1D
- 1.69%
- 1M
- -1.03%
- 6M
- 5.51%
- YTD
- 8.33%
- 1Y
- 17.49%
- 3Y*
- 14.19%
- 5Y*
- 7.22%
- 10Y*
- —
- ALL TIME*
- 9.35%
FCQTX
- 1D
- 1.86%
- 1M
- -1.70%
- 6M
- 5.59%
- YTD
- 8.57%
- 1Y
- 18.86%
- 3Y*
- 16.62%
- 5Y*
- 9.17%
- 10Y*
- —
- ALL TIME*
- 15.95%
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 |
FHJGX vs. FCQTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FHJGX Fidelity Advisor Freedom Blend 2035 Fund Class A | 8.33% | 18.09% | 12.72% | 17.35% | -18.57% | 13.82% | 41.50% |
FCQTX American Funds 2065 Target Date Retirement Fund | 8.57% | 20.74% | 15.64% | 21.56% | -19.63% | 17.34% | 47.06% |
Correlation
The correlation between FHJGX and FCQTX 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. | 0.95 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Mar 27, 2020 | 0.96 |
The correlation between FHJGX and FCQTX has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.
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Return for Risk
FHJGX vs. FCQTX — Risk / Return Rank
FHJGX
FCQTX
FHJGX vs. FCQTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Blend 2035 Fund Class A (FHJGX) and American Funds 2065 Target Date Retirement Fund (FCQTX). 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.
| FHJGX | FCQTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.23 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.20 | 1.74 | +0.46 |
| Martin ratioReturn relative to average drawdown | 9.01 | 7.47 | +1.55 |
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Drawdowns
FHJGX vs. FCQTX - Drawdown Comparison
The maximum FHJGX drawdown since its inception was -29.16%, which is greater than FCQTX's maximum drawdown of -27.34%. Use the drawdown chart below to compare losses from any high point for FHJGX and FCQTX.
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Drawdown Indicators
| FHJGX | FCQTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.16% | -27.34% | -1.82% |
Max Drawdown (1Y)Largest decline over 1 year | -7.47% | -9.83% | +2.36% |
Max Drawdown (3Y)Largest decline over 3 years | -11.73% | -15.53% | +3.80% |
Max Drawdown (5Y)Largest decline over 5 years | -26.52% | -27.34% | +0.82% |
Current DrawdownCurrent decline from peak | -1.97% | -2.62% | +0.65% |
Average DrawdownAverage peak-to-trough decline | -5.67% | -5.78% | +0.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 2.29% | -0.47% |
Volatility
FHJGX vs. FCQTX - Volatility Comparison
The current volatility for Fidelity Advisor Freedom Blend 2035 Fund Class A (FHJGX) is 3.31%, while American Funds 2065 Target Date Retirement Fund (FCQTX) has a volatility of 3.88%. This indicates that FHJGX experiences smaller price fluctuations and is considered to be less risky than FCQTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHJGX | FCQTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.31% | 3.88% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 9.26% | 11.05% | -1.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.79% | 13.34% | -2.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.67% | 14.93% | -2.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.68% | 15.09% | -0.41% |
FHJGX vs. FCQTX - Expense Ratio Comparison
FHJGX has a 0.73% expense ratio, which is higher than FCQTX's 0.01% expense ratio.
Dividends
FHJGX vs. FCQTX - Dividend Comparison
FHJGX's dividend yield for the trailing twelve months is around 3.39%, less than FCQTX's 4.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FCQTX American Funds 2065 Target Date Retirement Fund | 4.30% | 4.67% | 2.80% | 1.99% | 3.96% | 1.54% | 0.72% | 0.00% | 0.00% |
FHJGX Fidelity Advisor Freedom Blend 2035 Fund Class A | 3.39% | 2.69% | 4.30% | 1.90% | 5.67% | 7.75% | 4.65% | 3.38% | 2.92% |
Frequently Asked Questions
With a correlation of 0.97, FHJGX and FCQTX 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.
FCQTX has higher volatility (3.88%) compared to FHJGX (3.31%). In terms of maximum drawdown, FHJGX dropped -29.16% vs FCQTX's -27.34%.
FHJGX currently has the higher Sharpe Ratio (1.53 vs 1.28), 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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