FHYDX vs. FXAIX
Compare and contrast key facts about Fidelity Freedom Blend 2040 Fund Class K (FHYDX) and Fidelity 500 Index Fund (FXAIX).
FHYDX is managed by Fidelity. It was launched on Aug 31, 2018. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
FHYDX vs. FXAIX - Performance Comparison
Loading graphics...
FHYDX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FHYDX Fidelity Freedom Blend 2040 Fund Class K | -0.55% | 21.15% | 15.69% | 20.03% | -18.91% | 16.34% | 17.89% | 26.65% | -11.82% |
FXAIX Fidelity 500 Index Fund | -4.34% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -13.05% |
Returns By Period
In the year-to-date period, FHYDX achieves a -0.55% return, which is significantly higher than FXAIX's -4.34% return.
FHYDX
- 1D
- 2.61%
- 1M
- -5.28%
- YTD
- -0.55%
- 6M
- 2.32%
- 1Y
- 19.72%
- 3Y*
- 16.03%
- 5Y*
- 8.19%
- 10Y*
- —
FXAIX
- 1D
- 2.92%
- 1M
- -5.02%
- YTD
- -4.34%
- 6M
- -2.14%
- 1Y
- 17.32%
- 3Y*
- 18.30%
- 5Y*
- 11.79%
- 10Y*
- 14.08%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FHYDX vs. FXAIX - Expense Ratio Comparison
FHYDX has a 0.39% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FHYDX vs. FXAIX — Risk / Return Rank
FHYDX
FXAIX
FHYDX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2040 Fund Class K (FHYDX) 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.
| FHYDX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.39 | 0.97 | +0.41 |
Sortino ratioReturn per unit of downside risk | 1.99 | 1.49 | +0.50 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.23 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.77 | 1.52 | +0.25 |
Martin ratioReturn relative to average drawdown | 8.03 | 7.30 | +0.74 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FHYDX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.39 | 0.97 | +0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.70 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.76 | -0.15 |
Correlation
The correlation between FHYDX 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.
Dividends
FHYDX vs. FXAIX - Dividend Comparison
FHYDX's dividend yield for the trailing twelve months is around 2.84%, more than FXAIX's 1.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHYDX Fidelity Freedom Blend 2040 Fund Class K | 2.84% | 2.82% | 4.98% | 1.84% | 6.24% | 8.59% | 4.92% | 3.51% | 3.23% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.16% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FHYDX vs. FXAIX - Drawdown Comparison
The maximum FHYDX 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 FHYDX and FXAIX.
Loading graphics...
Drawdown Indicators
| FHYDX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.34% | -33.79% | +2.45% |
Max Drawdown (1Y)Largest decline over 1 year | -10.51% | -12.13% | +1.62% |
Max Drawdown (5Y)Largest decline over 5 years | -27.67% | -24.50% | -3.17% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.79% | — |
Current DrawdownCurrent decline from peak | -6.25% | -6.23% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -5.98% | -3.83% | -2.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 2.53% | -0.22% |
Volatility
FHYDX vs. FXAIX - Volatility Comparison
Fidelity Freedom Blend 2040 Fund Class K (FHYDX) has a higher volatility of 5.81% compared to Fidelity 500 Index Fund (FXAIX) at 5.34%. This indicates that FHYDX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FHYDX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.81% | 5.34% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 8.84% | 9.53% | -0.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.77% | 18.32% | -3.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.37% | 16.92% | -2.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.60% | 18.05% | -1.45% |