FHRDX vs. FXAIX
Compare and contrast key facts about Fidelity Freedom Blend Income Fund Class K6 (FHRDX) and Fidelity 500 Index Fund (FXAIX).
FHRDX 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: FHRDX or FXAIX.
Correlation
The correlation between FHRDX and FXAIX is 0.61, 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
FHRDX vs. FXAIX - Performance Comparison
Key characteristics
FHRDX:
1.56
FXAIX:
1.87
FHRDX:
2.29
FXAIX:
2.52
FHRDX:
1.28
FXAIX:
1.34
FHRDX:
0.90
FXAIX:
2.82
FHRDX:
5.78
FXAIX:
11.69
FHRDX:
1.23%
FXAIX:
2.04%
FHRDX:
4.57%
FXAIX:
12.77%
FHRDX:
-17.67%
FXAIX:
-33.79%
FHRDX:
-0.93%
FXAIX:
0.00%
Returns By Period
In the year-to-date period, FHRDX achieves a 2.06% return, which is significantly lower than FXAIX's 4.63% return.
FHRDX
2.06%
1.54%
1.00%
7.12%
1.49%
N/A
FXAIX
4.63%
2.57%
10.02%
25.15%
14.81%
13.14%
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FHRDX vs. FXAIX - Expense Ratio Comparison
FHRDX has a 0.21% expense ratio, which is higher than FXAIX's 0.02% 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%.
Risk-Adjusted Performance
FHRDX vs. FXAIX — Risk-Adjusted Performance Rank
FHRDX
FXAIX
FHRDX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend Income Fund Class K6 (FHRDX) 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.
Dividends
FHRDX vs. FXAIX - Dividend Comparison
FHRDX's dividend yield for the trailing twelve months is around 3.16%, more than FXAIX's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHRDX Fidelity Freedom Blend Income Fund Class K6 | 3.16% | 3.21% | 3.05% | 3.43% | 2.36% | 1.21% | 1.88% | 1.04% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.19% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
FHRDX vs. FXAIX - Drawdown Comparison
The maximum FHRDX drawdown since its inception was -17.67%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FHRDX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FHRDX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Freedom Blend Income Fund Class K6 (FHRDX) is 1.23%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.06%. This indicates that FHRDX 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.