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FIAFX vs. VOO
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIAFX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom Income Fund Class I (FIAFX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

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FIAFX vs. VOO - 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%7.30%
VOO
Vanguard S&P 500 ETF
-4.42%17.82%24.98%26.32%-18.17%28.79%18.32%31.37%-4.50%21.77%

Returns By Period

In the year-to-date period, FIAFX achieves a -0.65% return, which is significantly higher than VOO's -4.42% return. Over the past 10 years, FIAFX has underperformed VOO with an annualized return of 4.01%, while VOO has yielded a comparatively higher 14.05% annualized 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%

VOO

1D
2.86%
1M
-5.01%
YTD
-4.42%
6M
-1.84%
1Y
17.67%
3Y*
18.27%
5Y*
11.75%
10Y*
14.05%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FIAFX vs. VOO - Expense Ratio Comparison

FIAFX has a 0.47% expense ratio, which is higher than VOO's 0.03% expense ratio.


Return for Risk

FIAFX vs. VOO — 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

VOO
VOO Risk / Return Rank: 6565
Overall Rank
VOO Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
VOO Sortino Ratio Rank: 6262
Sortino Ratio Rank
VOO Omega Ratio Rank: 6666
Omega Ratio Rank
VOO Calmar Ratio Rank: 6565
Calmar Ratio Rank
VOO Martin Ratio Rank: 7575
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. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Income Fund Class I (FIAFX) and Vanguard S&P 500 ETF (VOO). 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.


FIAFXVOODifference

Sharpe ratio

Return per unit of total volatility

1.50

0.98

+0.52

Sortino ratio

Return per unit of downside risk

2.08

1.50

+0.59

Omega ratio

Gain probability vs. loss probability

1.30

1.23

+0.07

Calmar ratio

Return relative to maximum drawdown

1.88

1.53

+0.34

Martin ratio

Return relative to average drawdown

7.96

7.29

+0.67

FIAFX vs. VOO - Sharpe Ratio Comparison

The current FIAFX Sharpe Ratio is 1.50, which is higher than the VOO Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of FIAFX and VOO, 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


FIAFXVOODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.50

0.98

+0.52

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.48

0.70

-0.23

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.88

0.78

+0.10

Sharpe Ratio (All Time)

Calculated using the full available price history

0.81

0.83

-0.02

Correlation

The correlation between FIAFX and VOO is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FIAFX vs. VOO - Dividend Comparison

FIAFX's dividend yield for the trailing twelve months is around 3.24%, more than VOO's 1.19% 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%
VOO
Vanguard S&P 500 ETF
1.19%1.13%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%

Drawdowns

FIAFX vs. VOO - Drawdown Comparison

The maximum FIAFX drawdown since its inception was -18.94%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FIAFX and VOO.


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Drawdown Indicators


FIAFXVOODifference

Max Drawdown

Largest peak-to-trough decline

-18.94%

-33.99%

+15.05%

Max Drawdown (1Y)

Largest decline over 1 year

-3.78%

-11.98%

+8.20%

Max Drawdown (5Y)

Largest decline over 5 years

-15.92%

-24.52%

+8.60%

Max Drawdown (10Y)

Largest decline over 10 years

-15.92%

-33.99%

+18.07%

Current Drawdown

Current decline from peak

-3.60%

-6.29%

+2.69%

Average Drawdown

Average peak-to-trough decline

-2.11%

-3.72%

+1.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.89%

2.52%

-1.63%

Volatility

FIAFX vs. VOO - Volatility Comparison

The current volatility for Fidelity Advisor Freedom Income Fund Class I (FIAFX) is 2.13%, while Vanguard S&P 500 ETF (VOO) has a volatility of 5.29%. This indicates that FIAFX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FIAFXVOODifference

Volatility (1M)

Calculated over the trailing 1-month period

2.13%

5.29%

-3.16%

Volatility (6M)

Calculated over the trailing 6-month period

3.10%

9.44%

-6.34%

Volatility (1Y)

Calculated over the trailing 1-year period

4.75%

18.10%

-13.35%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.26%

16.82%

-11.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.59%

17.99%

-13.40%