FIAFX vs. WMT
Compare and contrast key facts about Fidelity Advisor Freedom Income Fund Class I (FIAFX) and Walmart Inc. (WMT).
FIAFX is managed by Fidelity. It was launched on Jul 24, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIAFX or WMT.
Key characteristics
| FIAFX | WMT | |
|---|---|---|
| YTD Return | 6.57% | 51.03% |
| 1Y Return | 11.71% | 46.24% |
| 3Y Return (Ann) | 0.67% | 19.51% |
| 5Y Return (Ann) | 3.24% | 16.87% |
| 10Y Return (Ann) | 3.62% | 14.20% |
| Sharpe Ratio | 2.24 | 2.43 |
| Daily Std Dev | 5.22% | 18.55% |
| Max Drawdown | -21.59% | -77.42% |
| Current Drawdown | 0.00% | -2.48% |
Correlation
The correlation between FIAFX and WMT is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FIAFX vs. WMT - Performance Comparison
In the year-to-date period, FIAFX achieves a 6.57% return, which is significantly lower than WMT's 51.03% return. Over the past 10 years, FIAFX has underperformed WMT with an annualized return of 3.62%, while WMT has yielded a comparatively higher 14.20% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
FIAFX vs. WMT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Income Fund Class I (FIAFX) and Walmart Inc. (WMT). 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.
Dividends
FIAFX vs. WMT - Dividend Comparison
FIAFX's dividend yield for the trailing twelve months is around 2.99%, more than WMT's 1.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIAFX Fidelity Advisor Freedom Income Fund Class I | 2.99% | 2.88% | 5.95% | 5.27% | 3.82% | 3.77% | 5.75% | 4.00% | 3.09% | 3.66% | 5.76% | 4.35% |
WMT Walmart Inc. | 1.03% | 1.45% | 1.58% | 1.52% | 1.50% | 1.78% | 2.23% | 2.07% | 2.89% | 3.20% | 2.24% | 2.39% |
Drawdowns
FIAFX vs. WMT - Drawdown Comparison
The maximum FIAFX drawdown since its inception was -21.59%, smaller than the maximum WMT drawdown of -77.42%. Use the drawdown chart below to compare losses from any high point for FIAFX and WMT. For additional features, visit the drawdowns tool.
Volatility
FIAFX vs. WMT - Volatility Comparison
The current volatility for Fidelity Advisor Freedom Income Fund Class I (FIAFX) is 1.08%, while Walmart Inc. (WMT) has a volatility of 3.97%. This indicates that FIAFX experiences smaller price fluctuations and is considered to be less risky than WMT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.