FHZDX vs. LPVIX
FHZDX (Fidelity Freedom Blend 2035 Fund Class K) and LPVIX (BlackRock LifePath Dynamic 2055 Fund) are both Target Retirement Date funds. Over the past 5 years, FHZDX returned 7.62%/yr vs 8.66%/yr for LPVIX. Their correlation of 0.93 means they have usually moved in the same direction. FHZDX charges 0.38%/yr vs 0.50%/yr for LPVIX.
Performance
FHZDX vs. LPVIX - Performance Comparison
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Returns By Period
In the year-to-date period, FHZDX achieves a 8.51% return, which is significantly lower than LPVIX's 12.02% return.
FHZDX
- 1D
- 1.61%
- 1M
- -1.09%
- 6M
- 5.64%
- YTD
- 8.51%
- 1Y
- 17.77%
- 3Y*
- 14.64%
- 5Y*
- 7.62%
- 10Y*
- —
- ALL TIME*
- 9.52%
LPVIX
- 1D
- 2.69%
- 1M
- 0.27%
- 6M
- 8.32%
- YTD
- 12.02%
- 1Y
- 24.19%
- 3Y*
- 15.02%
- 5Y*
- 8.66%
- 10Y*
- 10.93%
- ALL TIME*
- 10.91%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FHZDX vs. LPVIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FHZDX Fidelity Freedom Blend 2035 Fund Class K | 8.51% | 18.47% | 13.40% | 17.66% | -18.23% | 14.17% | 16.91% | 25.60% | -12.65% |
LPVIX BlackRock LifePath Dynamic 2055 Fund | 12.02% | 20.90% | 8.18% | 22.40% | -18.77% | 17.88% | 14.44% | 26.49% | -12.35% |
Correlation
The correlation between FHZDX and LPVIX is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.97 |
Correlation (3Y) Balances recent behavior with more history. | 0.93 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.94 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2018 | 0.93 |
The correlation between FHZDX and LPVIX has been stable across timeframes, ranging from 0.93 to 0.97 - a consistent structural relationship.
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Return for Risk
FHZDX vs. LPVIX — Risk / Return Rank
FHZDX
LPVIX
FHZDX vs. LPVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2035 Fund Class K (FHZDX) and BlackRock LifePath Dynamic 2055 Fund (LPVIX). 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.
| FHZDX | LPVIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.26 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 2.26 | +0.01 |
| Martin ratioReturn relative to average drawdown | 9.29 | 9.28 | +0.01 |
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Drawdowns
FHZDX vs. LPVIX - Drawdown Comparison
The maximum FHZDX drawdown since its inception was -29.10%, smaller than the maximum LPVIX drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for FHZDX and LPVIX.
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Drawdown Indicators
| FHZDX | LPVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.10% | -34.31% | +5.21% |
Max Drawdown (1Y)Largest decline over 1 year | -7.46% | -9.91% | +2.45% |
Max Drawdown (3Y)Largest decline over 3 years | -11.69% | -22.45% | +10.76% |
Max Drawdown (5Y)Largest decline over 5 years | -26.30% | -27.01% | +0.71% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.31% | — |
Current DrawdownCurrent decline from peak | -1.95% | -1.62% | -0.33% |
Average DrawdownAverage peak-to-trough decline | -5.58% | -4.69% | -0.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.82% | 2.41% | -0.59% |
Volatility
FHZDX vs. LPVIX - Volatility Comparison
The current volatility for Fidelity Freedom Blend 2035 Fund Class K (FHZDX) is 3.23%, while BlackRock LifePath Dynamic 2055 Fund (LPVIX) has a volatility of 4.58%. This indicates that FHZDX experiences smaller price fluctuations and is considered to be less risky than LPVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHZDX | LPVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.23% | 4.58% | -1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 9.27% | 13.02% | -3.75% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.80% | 15.57% | -4.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.66% | 17.30% | -4.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.67% | 16.55% | -1.88% |
FHZDX vs. LPVIX - Expense Ratio Comparison
FHZDX has a 0.38% expense ratio, which is lower than LPVIX's 0.50% expense ratio.
Dividends
FHZDX vs. LPVIX - Dividend Comparison
FHZDX's dividend yield for the trailing twelve months is around 3.67%, less than LPVIX's 4.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHZDX Fidelity Freedom Blend 2035 Fund Class K | 3.67% | 2.98% | 4.79% | 2.07% | 5.75% | 7.91% | 4.88% | 3.62% | 1.35% | 0.00% | 0.00% | 0.00% |
LPVIX BlackRock LifePath Dynamic 2055 Fund | 4.81% | 5.39% | 0.72% | 2.99% | 2.53% | 11.79% | 1.19% | 4.83% | 10.40% | 9.61% | 1.93% | 3.84% |
Frequently Asked Questions
With a correlation of 0.97, FHZDX and LPVIX 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.
LPVIX has higher volatility (4.58%) compared to FHZDX (3.23%). In terms of maximum drawdown, FHZDX dropped -29.10% vs LPVIX's -34.31%.
FHZDX currently has the higher Sharpe Ratio (1.57 vs 1.44), 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.
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