FHVDX vs. FJAQX

Last updated Aug 1, 2026

FHVDX (Fidelity Freedom Blend 2055 Fund Class K) and FJAQX (Fidelity Advisor Freedom Blend 2015 Fund Class I) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FHVDX returned 10.15%/yr vs 3.66%/yr for FJAQX. Their correlation of 0.92 means they have usually moved in the same direction. FHVDX charges 0.39%/yr vs 0.43%/yr for FJAQX.

Performance

FHVDX vs. FJAQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Blend 2055 Fund Class K (FHVDX) and Fidelity Advisor Freedom Blend 2015 Fund Class I (FJAQX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FHVDX achieves a 12.01% return, which is significantly higher than FJAQX's 4.86% return.

FHVDX

• 1D: 2.27%
• 1M: -1.07%
• 6M: 8.07%
• YTD: 12.01%
• 1Y: 24.34%
• 3Y*: 18.34%
• 5Y*: 10.15%
• 10Y*: —
• ALL TIME*: 11.69%

FJAQX

• 1D: 0.87%
• 1M: -0.77%
• 6M: 3.19%
• YTD: 4.86%
• 1Y: 10.45%
• 3Y*: 8.93%
• 5Y*: 3.66%
• 10Y*: —
• ALL TIME*: 5.73%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FHVDX Fidelity Freedom Blend 2055 Fund Class K	$0.00	$0.00	$0.00
FJAQX Fidelity Advisor Freedom Blend 2015 Fund Class I	$0.00	$0.00	$0.00

FHVDX vs. FJAQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FHVDX Fidelity Freedom Blend 2055 Fund Class K	12.01%	22.76%	16.52%	20.62%	-18.95%	16.33%	17.94%	26.57%	-11.80%
FJAQX Fidelity Advisor Freedom Blend 2015 Fund Class I	4.86%	12.76%	6.04%	11.12%	-15.07%	6.95%	11.93%	16.57%	-5.88%

Correlation

The correlation between FHVDX and FJAQX is 0.94, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.94
Correlation (3Y) Balances recent behavior with more history.	0.90
Correlation (5Y) Shows whether the relationship held over a longer period.	0.90
Correlation (All Time) Calculated using the full available price history since Aug 31, 2018	0.92

The correlation between FHVDX and FJAQX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Return for Risk

FHVDX vs. FJAQX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FHVDX

FHVDX Risk / Return Rank: 65
FHVDX Sharpe Ratio Rank: 62
FHVDX Sortino Ratio Rank: 59
FHVDX Omega Ratio Rank: 60
FHVDX Calmar Ratio Rank: 68
FHVDX Martin Ratio Rank: 77

FJAQX

FJAQX Risk / Return Rank: 64
FJAQX Sharpe Ratio Rank: 62
FJAQX Sortino Ratio Rank: 63
FJAQX Omega Ratio Rank: 65
FJAQX Calmar Ratio Rank: 63
FJAQX Martin Ratio Rank: 69

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FHVDX vs. FJAQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2055 Fund Class K (FHVDX) and Fidelity Advisor Freedom Blend 2015 Fund Class I (FJAQX). 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.

	FHVDX	FJAQX	Difference
Sharpe ratio: Return per unit of total volatility	1.58	1.59	0.00
Sortino ratio: Return per unit of downside risk	2.23	2.28	-0.05
Omega ratio: Gain probability vs. loss probability	1.29	1.30	-0.01
Calmar ratio: Return relative to maximum drawdown	2.34	2.21	+0.13
Martin ratio: Return relative to average drawdown	9.78	9.01	+0.77

FHVDX vs. FJAQX - Sharpe Ratio Comparison

The current FHVDX Sharpe Ratio is 1.58, which is comparable to the FJAQX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of FHVDX and FJAQX, 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

FHVDX vs. FJAQX - Drawdown Comparison

The maximum FHVDX drawdown since its inception was -31.31%, which is greater than FJAQX's maximum drawdown of -20.76%. Use the drawdown chart below to compare losses from any high point for FHVDX and FJAQX.

Drawdown Indicators

	FHVDX	FJAQX	Difference
Max Drawdown Largest peak-to-trough decline	-31.31%	-20.76%	-10.55%
Max Drawdown (1Y) Largest decline over 1 year	-9.68%	-4.70%	-4.98%
Max Drawdown (3Y) Largest decline over 3 years	-15.49%	-5.75%	-9.74%
Max Drawdown (5Y) Largest decline over 5 years	-27.81%	-20.76%	-7.05%
Current Drawdown Current decline from peak	-2.29%	-1.36%	-0.93%
Average Drawdown Average peak-to-trough decline	-5.80%	-4.35%	-1.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.31%	1.15%	+1.16%

Volatility

FHVDX vs. FJAQX - Volatility Comparison

Fidelity Freedom Blend 2055 Fund Class K (FHVDX) has a higher volatility of 4.35% compared to Fidelity Advisor Freedom Blend 2015 Fund Class I (FJAQX) at 1.97%. This indicates that FHVDX's price experiences larger fluctuations and is considered to be riskier than FJAQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FHVDX	FJAQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.35%	1.97%	+2.38%
Volatility (6M) Calculated over the trailing 6-month period	12.26%	5.68%	+6.58%
Volatility (1Y) Calculated over the trailing 1-year period	14.32%	6.55%	+7.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.39%	7.73%	+7.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.93%	8.20%	+8.73%

FHVDX vs. FJAQX - Expense Ratio Comparison

FHVDX has a 0.39% expense ratio, which is lower than FJAQX's 0.43% expense ratio.

Dividends

FHVDX vs. FJAQX - Dividend Comparison

FHVDX's dividend yield for the trailing twelve months is around 3.30%, more than FJAQX's 2.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FHVDX Fidelity Freedom Blend 2055 Fund Class K	3.30%	2.41%	5.08%	1.95%	6.13%	8.35%	4.57%	3.15%	3.73%
FJAQX Fidelity Advisor Freedom Blend 2015 Fund Class I	2.55%	2.89%	2.59%	2.61%	5.59%	6.96%	3.98%	2.88%	1.85%

Frequently Asked Questions

Can I hold both FHVDX and FJAQX in my portfolio?

With a correlation of 0.94, FHVDX and FJAQX 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, FHVDX or FJAQX?

FHVDX has higher volatility (4.35%) compared to FJAQX (1.97%). In terms of maximum drawdown, FHVDX dropped -31.31% vs FJAQX's -20.76%.

Which has better risk-adjusted returns?

FJAQX currently has the higher Sharpe Ratio (1.59 vs 1.58), 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.