FHLCX vs. FHLC
Compare and contrast key facts about Fidelity Advisor Freedom Blend 2045 Fund Class Z6 (FHLCX) and Fidelity MSCI Health Care Index ETF (FHLC).
FHLCX is managed by Fidelity. It was launched on Aug 31, 2018. FHLC is a passively managed fund by Fidelity that tracks the performance of the MSCI USA IMI Health Care Index. It was launched on Oct 21, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHLCX or FHLC.
Correlation
The correlation between FHLCX and FHLC is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FHLCX vs. FHLC - Performance Comparison
Key characteristics
Returns By Period
FHLCX
N/A
N/A
N/A
N/A
N/A
N/A
FHLC
6.35%
4.26%
-4.33%
3.00%
8.07%
8.81%
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FHLCX vs. FHLC - Expense Ratio Comparison
FHLCX has a 0.29% expense ratio, which is higher than FHLC's 0.08% expense ratio.
Risk-Adjusted Performance
FHLCX vs. FHLC — Risk-Adjusted Performance Rank
FHLCX
FHLC
FHLCX vs. FHLC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Blend 2045 Fund Class Z6 (FHLCX) and Fidelity MSCI Health Care Index ETF (FHLC). 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.
Dividends
FHLCX vs. FHLC - Dividend Comparison
FHLCX has not paid dividends to shareholders, while FHLC's dividend yield for the trailing twelve months is around 1.42%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHLCX Fidelity Advisor Freedom Blend 2045 Fund Class Z6 | 0.02% | 0.02% | 1.74% | 2.53% | 2.57% | 1.34% | 1.77% | 1.89% | 0.00% | 0.00% | 0.00% | 0.00% |
FHLC Fidelity MSCI Health Care Index ETF | 1.42% | 1.51% | 1.40% | 1.30% | 1.16% | 1.45% | 1.18% | 2.14% | 1.38% | 1.40% | 2.07% | 1.03% |
Drawdowns
FHLCX vs. FHLC - Drawdown Comparison
Volatility
FHLCX vs. FHLC - Volatility Comparison
The current volatility for Fidelity Advisor Freedom Blend 2045 Fund Class Z6 (FHLCX) is 0.00%, while Fidelity MSCI Health Care Index ETF (FHLC) has a volatility of 3.99%. This indicates that FHLCX experiences smaller price fluctuations and is considered to be less risky than FHLC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.