PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FIAFX vs. FIOFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FIAFXFIOFX
YTD Return5.63%17.31%
1Y Return11.83%28.56%
3Y Return (Ann)-1.06%4.51%
5Y Return (Ann)1.05%7.22%
10Y Return (Ann)1.64%7.48%
Sharpe Ratio2.432.78
Sortino Ratio3.743.82
Omega Ratio1.471.51
Calmar Ratio0.872.59
Martin Ratio14.2818.11
Ulcer Index0.83%1.64%
Daily Std Dev4.86%10.71%
Max Drawdown-21.59%-37.05%
Current Drawdown-3.56%-0.07%

Correlation

-0.50.00.51.00.8

The correlation between FIAFX and FIOFX is 0.77, 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.

Performance

FIAFX vs. FIOFX - Performance Comparison

In the year-to-date period, FIAFX achieves a 5.63% return, which is significantly lower than FIOFX's 17.31% return. Over the past 10 years, FIAFX has underperformed FIOFX with an annualized return of 1.64%, while FIOFX has yielded a comparatively higher 7.48% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.54%
9.87%
FIAFX
FIOFX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FIAFX vs. FIOFX - Expense Ratio Comparison

FIAFX has a 0.47% expense ratio, which is higher than FIOFX's 0.12% expense ratio.


FIAFX
Fidelity Advisor Freedom Income Fund Class I
Expense ratio chart for FIAFX: current value at 0.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.47%
Expense ratio chart for FIOFX: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%

Risk-Adjusted Performance

FIAFX vs. FIOFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Income Fund Class I (FIAFX) and Fidelity Freedom Index 2045 Fund Investor Class (FIOFX). 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.


FIAFX
Sharpe ratio
The chart of Sharpe ratio for FIAFX, currently valued at 2.43, compared to the broader market0.002.004.002.43
Sortino ratio
The chart of Sortino ratio for FIAFX, currently valued at 3.74, compared to the broader market0.005.0010.003.74
Omega ratio
The chart of Omega ratio for FIAFX, currently valued at 1.47, compared to the broader market1.002.003.004.001.47
Calmar ratio
The chart of Calmar ratio for FIAFX, currently valued at 0.87, compared to the broader market0.005.0010.0015.0020.0025.000.87
Martin ratio
The chart of Martin ratio for FIAFX, currently valued at 14.28, compared to the broader market0.0020.0040.0060.0080.00100.0014.28
FIOFX
Sharpe ratio
The chart of Sharpe ratio for FIOFX, currently valued at 2.67, compared to the broader market0.002.004.002.67
Sortino ratio
The chart of Sortino ratio for FIOFX, currently valued at 3.69, compared to the broader market0.005.0010.003.69
Omega ratio
The chart of Omega ratio for FIOFX, currently valued at 1.49, compared to the broader market1.002.003.004.001.49
Calmar ratio
The chart of Calmar ratio for FIOFX, currently valued at 2.50, compared to the broader market0.005.0010.0015.0020.0025.002.50
Martin ratio
The chart of Martin ratio for FIOFX, currently valued at 17.37, compared to the broader market0.0020.0040.0060.0080.00100.0017.37

FIAFX vs. FIOFX - Sharpe Ratio Comparison

The current FIAFX Sharpe Ratio is 2.43, which is comparable to the FIOFX Sharpe Ratio of 2.78. The chart below compares the historical Sharpe Ratios of FIAFX and FIOFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.43
2.67
FIAFX
FIOFX

Dividends

FIAFX vs. FIOFX - Dividend Comparison

FIAFX's dividend yield for the trailing twelve months is around 3.16%, more than FIOFX's 1.68% yield.


TTM20232022202120202019201820172016201520142013
FIAFX
Fidelity Advisor Freedom Income Fund Class I
3.16%2.88%3.32%2.28%1.25%1.98%2.08%1.64%1.70%2.94%5.76%4.35%
FIOFX
Fidelity Freedom Index 2045 Fund Investor Class
1.68%1.95%1.96%1.52%1.39%1.76%2.18%1.73%1.95%2.01%3.33%0.11%

Drawdowns

FIAFX vs. FIOFX - Drawdown Comparison

The maximum FIAFX drawdown since its inception was -21.59%, smaller than the maximum FIOFX drawdown of -37.05%. Use the drawdown chart below to compare losses from any high point for FIAFX and FIOFX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.56%
-0.07%
FIAFX
FIOFX

Volatility

FIAFX vs. FIOFX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom Income Fund Class I (FIAFX) is 1.29%, while Fidelity Freedom Index 2045 Fund Investor Class (FIOFX) has a volatility of 2.89%. This indicates that FIAFX experiences smaller price fluctuations and is considered to be less risky than FIOFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
1.29%
2.89%
FIAFX
FIOFX