FHPDX vs. PDEJX

Last updated Jun 24, 2026

FHPDX (Fidelity Freedom Blend 2010 Fund Class K6) and PDEJX (Prudential Day One 2025 Fund) are both Target Retirement Date funds. Over the past 5 years, FHPDX returned 3.70%/yr vs 7.23%/yr for PDEJX. Their correlation of 0.90 suggests significant overlap in exposure. FHPDX charges 0.21%/yr vs 0.00%/yr for PDEJX.

Performance

FHPDX vs. PDEJX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Blend 2010 Fund Class K6 (FHPDX) and Prudential Day One 2025 Fund (PDEJX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FHPDX having a 5.35% return and PDEJX slightly lower at 5.26%.

FHPDX

• 1D: -0.18%
• 1M: 1.16%
• YTD: 5.35%
• 6M: 5.27%
• 1Y: 11.83%
• 3Y*: 8.93%
• 5Y*: 3.70%
• 10Y*: —

PDEJX

• 1D: -0.61%
• 1M: -0.44%
• YTD: 5.26%
• 6M: 4.68%
• 1Y: 12.09%
• 3Y*: 13.53%
• 5Y*: 7.23%
• 10Y*: —

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

FHPDX vs. PDEJX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FHPDX Fidelity Freedom Blend 2010 Fund Class K6	5.35%	11.22%	5.32%	9.88%	-13.04%	5.31%	10.90%	14.58%	-4.50%
PDEJX Prudential Day One 2025 Fund	5.26%	11.91%	17.34%	11.21%	-12.30%	12.90%	9.30%	16.82%	-7.00%

Correlation

The correlation between FHPDX and PDEJX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (All Time) Calculated using the full available price history since Aug 31, 2018	0.90

The correlation between FHPDX and PDEJX has been stable across timeframes, ranging from 0.90 to 0.93 - a consistent structural relationship.

Return for Risk

FHPDX vs. PDEJX — Risk / Return Rank

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

FHPDX

FHPDX Risk / Return Rank: 74
FHPDX Sharpe Ratio Rank: 72
FHPDX Sortino Ratio Rank: 74
FHPDX Omega Ratio Rank: 78
FHPDX Calmar Ratio Rank: 71
FHPDX Martin Ratio Rank: 74

PDEJX

PDEJX Risk / Return Rank: 65
PDEJX Sharpe Ratio Rank: 62
PDEJX Sortino Ratio Rank: 63
PDEJX Omega Ratio Rank: 64
PDEJX Calmar Ratio Rank: 61
PDEJX Martin Ratio Rank: 76

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.

FHPDX vs. PDEJX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2010 Fund Class K6 (FHPDX) and Prudential Day One 2025 Fund (PDEJX). 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.

	FHPDX	PDEJX	Difference
Sharpe ratio: Return per unit of total volatility	2.27	2.08	+0.19
Sortino ratio: Return per unit of downside risk	3.29	2.97	+0.32
Omega ratio: Gain probability vs. loss probability	1.46	1.39	+0.07
Calmar ratio: Return relative to maximum drawdown	3.10	2.80	+0.30
Martin ratio: Return relative to average drawdown	13.13	13.08	+0.05

FHPDX vs. PDEJX - Sharpe Ratio Comparison

The current FHPDX Sharpe Ratio is 2.27, which is comparable to the PDEJX Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of FHPDX and PDEJX, 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

FHPDX vs. PDEJX - Drawdown Comparison

The maximum FHPDX drawdown since its inception was -18.48%, smaller than the maximum PDEJX drawdown of -20.45%. Use the drawdown chart below to compare losses from any high point for FHPDX and PDEJX.

Drawdown Indicators

	FHPDX	PDEJX	Difference
Max Drawdown Largest peak-to-trough decline	-18.48%	-20.45%	+1.97%
Max Drawdown (1Y) Largest decline over 1 year	-3.96%	-4.45%	+0.49%
Max Drawdown (3Y) Largest decline over 3 years	-5.86%	-6.83%	+0.97%
Max Drawdown (5Y) Largest decline over 5 years	-18.48%	-16.83%	-1.65%
Current Drawdown Current decline from peak	-0.18%	-1.21%	+1.03%
Average Drawdown Average peak-to-trough decline	-3.75%	-2.85%	-0.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.93%	0.95%	-0.02%

Volatility

FHPDX vs. PDEJX - Volatility Comparison

Fidelity Freedom Blend 2010 Fund Class K6 (FHPDX) and Prudential Day One 2025 Fund (PDEJX) have volatilities of 2.35% and 2.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FHPDX	PDEJX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.35%	2.33%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	4.62%	4.96%	-0.34%
Volatility (1Y) Calculated over the trailing 1-year period	5.41%	6.01%	-0.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.52%	8.91%	-2.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.74%	8.83%	-2.09%

FHPDX vs. PDEJX - Expense Ratio Comparison

FHPDX has a 0.21% expense ratio, which is higher than PDEJX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FHPDX vs. PDEJX - Dividend Comparison

FHPDX's dividend yield for the trailing twelve months is around 2.99%, less than PDEJX's 5.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FHPDX Fidelity Freedom Blend 2010 Fund Class K6	2.99%	3.16%	2.99%	2.79%	5.75%	6.10%	3.54%	2.44%	2.02%	0.00%
PDEJX Prudential Day One 2025 Fund	5.35%	5.63%	20.16%	3.66%	7.83%	10.79%	2.42%	5.03%	4.61%	1.68%

Frequently Asked Questions

Can I hold both FHPDX and PDEJX in my portfolio?

With a correlation of 0.93, FHPDX and PDEJX 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, FHPDX or PDEJX?

FHPDX has higher volatility (2.35%) compared to PDEJX (2.33%). In terms of maximum drawdown, FHPDX dropped -18.48% vs PDEJX's -20.45%.

Which has better risk-adjusted returns?

FHPDX currently has the higher Sharpe Ratio (2.27 vs 2.08), 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.