Correlation
The correlation between FHTDX and VIIIX is 0.94, 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.
FHTDX vs. VIIIX
Compare and contrast key facts about Fidelity Freedom Blend 2060 Fund Class K (FHTDX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX).
FHTDX is managed by Fidelity. It was launched on Aug 31, 2018. VIIIX is managed by Vanguard. It was launched on Jul 7, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHTDX or VIIIX.
Performance
FHTDX vs. VIIIX - Performance Comparison
Loading data...
Key characteristics
FHTDX:
0.71
VIIIX:
0.73
FHTDX:
0.99
VIIIX:
1.04
FHTDX:
1.14
VIIIX:
1.15
FHTDX:
0.67
VIIIX:
0.69
FHTDX:
2.90
VIIIX:
2.62
FHTDX:
3.60%
VIIIX:
4.92%
FHTDX:
16.61%
VIIIX:
19.77%
FHTDX:
-31.31%
VIIIX:
-55.18%
FHTDX:
-0.45%
VIIIX:
-3.42%
Returns By Period
In the year-to-date period, FHTDX achieves a 5.95% return, which is significantly higher than VIIIX's 1.05% return.
FHTDX
5.95%
5.12%
2.36%
11.15%
10.76%
12.10%
N/A
VIIIX
1.05%
5.63%
-1.37%
13.48%
14.38%
15.92%
12.83%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FHTDX vs. VIIIX - Expense Ratio Comparison
FHTDX has a 0.39% expense ratio, which is higher than VIIIX's 0.02% expense ratio.
Risk-Adjusted Performance
FHTDX vs. VIIIX — Risk-Adjusted Performance Rank
FHTDX
VIIIX
FHTDX vs. VIIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2060 Fund Class K (FHTDX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). 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.
Loading data...
Dividends
FHTDX vs. VIIIX - Dividend Comparison
FHTDX's dividend yield for the trailing twelve months is around 3.13%, more than VIIIX's 2.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHTDX Fidelity Freedom Blend 2060 Fund Class K | 3.13% | 2.72% | 1.97% | 5.94% | 8.08% | 4.19% | 3.05% | 3.46% | 0.00% | 0.00% | 0.00% | 0.00% |
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares | 2.55% | 2.59% | 2.98% | 3.39% | 4.79% | 3.07% | 2.86% | 2.45% | 1.84% | 2.38% | 2.47% | 1.90% |
Drawdowns
FHTDX vs. VIIIX - Drawdown Comparison
The maximum FHTDX drawdown since its inception was -31.31%, smaller than the maximum VIIIX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for FHTDX and VIIIX.
Loading data...
Volatility
FHTDX vs. VIIIX - Volatility Comparison
The current volatility for Fidelity Freedom Blend 2060 Fund Class K (FHTDX) is 3.50%, while Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) has a volatility of 4.78%. This indicates that FHTDX experiences smaller price fluctuations and is considered to be less risky than VIIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...