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FIAFX vs. PDDDX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIAFX vs. PDDDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom Income Fund Class I (FIAFX) and Prudential Day One 2020 Fund (PDDDX). The values are adjusted to include any dividend payments, if applicable.

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FIAFX vs. PDDDX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FIAFX
Fidelity Advisor Freedom Income Fund Class I
-0.65%10.07%4.29%8.05%-11.40%3.13%8.79%11.10%-1.80%7.10%
PDDDX
Prudential Day One 2020 Fund
-0.38%10.40%15.97%9.52%-12.63%36.80%8.13%14.99%-4.65%10.17%

Returns By Period

In the year-to-date period, FIAFX achieves a -0.65% return, which is significantly lower than PDDDX's -0.38% return.


FIAFX

1D
0.19%
1M
-3.60%
YTD
-0.65%
6M
0.64%
1Y
6.98%
3Y*
5.97%
5Y*
2.48%
10Y*
4.01%

PDDDX

1D
0.19%
1M
-3.71%
YTD
-0.38%
6M
0.92%
1Y
8.21%
3Y*
10.50%
5Y*
10.42%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FIAFX vs. PDDDX - Expense Ratio Comparison

FIAFX has a 0.47% expense ratio, which is lower than PDDDX's 0.76% expense ratio.


Return for Risk

FIAFX vs. PDDDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIAFX
FIAFX Risk / Return Rank: 8080
Overall Rank
FIAFX Sharpe Ratio Rank: 8181
Sharpe Ratio Rank
FIAFX Sortino Ratio Rank: 8282
Sortino Ratio Rank
FIAFX Omega Ratio Rank: 7979
Omega Ratio Rank
FIAFX Calmar Ratio Rank: 7979
Calmar Ratio Rank
FIAFX Martin Ratio Rank: 8181
Martin Ratio Rank

PDDDX
PDDDX Risk / Return Rank: 7373
Overall Rank
PDDDX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
PDDDX Sortino Ratio Rank: 7373
Sortino Ratio Rank
PDDDX Omega Ratio Rank: 7373
Omega Ratio Rank
PDDDX Calmar Ratio Rank: 6868
Calmar Ratio Rank
PDDDX Martin Ratio Rank: 7878
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIAFX vs. PDDDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Income Fund Class I (FIAFX) and Prudential Day One 2020 Fund (PDDDX). 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.


FIAFXPDDDXDifference

Sharpe ratio

Return per unit of total volatility

1.50

1.29

+0.21

Sortino ratio

Return per unit of downside risk

2.08

1.82

+0.26

Omega ratio

Gain probability vs. loss probability

1.30

1.28

+0.03

Calmar ratio

Return relative to maximum drawdown

1.88

1.55

+0.32

Martin ratio

Return relative to average drawdown

7.96

7.61

+0.34

FIAFX vs. PDDDX - Sharpe Ratio Comparison

The current FIAFX Sharpe Ratio is 1.50, which is comparable to the PDDDX Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of FIAFX and PDDDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FIAFXPDDDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.50

1.29

+0.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.48

0.76

-0.29

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.88

Sharpe Ratio (All Time)

Calculated using the full available price history

0.81

0.77

+0.04

Correlation

The correlation between FIAFX and PDDDX is 0.83, 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

FIAFX vs. PDDDX - Dividend Comparison

FIAFX's dividend yield for the trailing twelve months is around 3.24%, less than PDDDX's 4.07% yield.


TTM20252024202320222021202020192018201720162015
FIAFX
Fidelity Advisor Freedom Income Fund Class I
3.24%3.14%3.03%2.88%5.95%5.27%3.82%3.77%5.61%3.31%3.09%3.04%
PDDDX
Prudential Day One 2020 Fund
4.07%4.05%19.73%3.22%8.41%28.05%1.91%3.76%3.05%0.86%0.00%0.00%

Drawdowns

FIAFX vs. PDDDX - Drawdown Comparison

The maximum FIAFX drawdown since its inception was -18.94%, roughly equal to the maximum PDDDX drawdown of -18.88%. Use the drawdown chart below to compare losses from any high point for FIAFX and PDDDX.


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Drawdown Indicators


FIAFXPDDDXDifference

Max Drawdown

Largest peak-to-trough decline

-18.94%

-18.88%

-0.06%

Max Drawdown (1Y)

Largest decline over 1 year

-3.78%

-5.29%

+1.51%

Max Drawdown (5Y)

Largest decline over 5 years

-15.92%

-16.64%

+0.72%

Max Drawdown (10Y)

Largest decline over 10 years

-15.92%

Current Drawdown

Current decline from peak

-3.60%

-3.71%

+0.11%

Average Drawdown

Average peak-to-trough decline

-2.11%

-3.06%

+0.95%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.89%

1.08%

-0.19%

Volatility

FIAFX vs. PDDDX - Volatility Comparison

Fidelity Advisor Freedom Income Fund Class I (FIAFX) and Prudential Day One 2020 Fund (PDDDX) have volatilities of 2.13% and 2.04%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FIAFXPDDDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.13%

2.04%

+0.09%

Volatility (6M)

Calculated over the trailing 6-month period

3.10%

3.54%

-0.44%

Volatility (1Y)

Calculated over the trailing 1-year period

4.75%

6.57%

-1.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.26%

13.74%

-8.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.59%

11.45%

-6.86%