Correlation
The correlation between FHQEX and FXAIX is 0.93, 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.
FHQEX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor Freedom Blend 2055 Fund Class I (FHQEX) and Fidelity 500 Index Fund (FXAIX).
FHQEX is managed by Fidelity. It was launched on Aug 31, 2018. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHQEX or FXAIX.
Performance
FHQEX vs. FXAIX - Performance Comparison
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Key characteristics
FHQEX:
0.71
FXAIX:
0.75
FHQEX:
0.98
FXAIX:
1.07
FHQEX:
1.14
FXAIX:
1.15
FHQEX:
0.66
FXAIX:
0.72
FHQEX:
2.84
FXAIX:
2.73
FHQEX:
3.62%
FXAIX:
4.85%
FHQEX:
16.50%
FXAIX:
19.78%
FHQEX:
-31.34%
FXAIX:
-33.79%
FHQEX:
-0.45%
FXAIX:
-3.14%
Returns By Period
In the year-to-date period, FHQEX achieves a 5.82% return, which is significantly higher than FXAIX's 1.34% return.
FHQEX
5.82%
5.31%
2.23%
11.61%
10.64%
11.98%
N/A
FXAIX
1.34%
6.29%
-1.07%
14.76%
14.51%
16.00%
12.68%
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FHQEX vs. FXAIX - Expense Ratio Comparison
FHQEX has a 0.49% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FHQEX vs. FXAIX — Risk-Adjusted Performance Rank
FHQEX
FXAIX
FHQEX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Blend 2055 Fund Class I (FHQEX) and Fidelity 500 Index Fund (FXAIX). 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.
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Dividends
FHQEX vs. FXAIX - Dividend Comparison
FHQEX's dividend yield for the trailing twelve months is around 3.02%, more than FXAIX's 1.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHQEX Fidelity Advisor Freedom Blend 2055 Fund Class I | 3.02% | 2.47% | 1.89% | 6.19% | 8.32% | 4.49% | 3.10% | 1.75% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.55% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.08% |
Drawdowns
FHQEX vs. FXAIX - Drawdown Comparison
The maximum FHQEX drawdown since its inception was -31.34%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FHQEX and FXAIX.
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Volatility
FHQEX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Advisor Freedom Blend 2055 Fund Class I (FHQEX) is 3.43%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.77%. This indicates that FHQEX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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