FIFFX vs. PLTZX
FIFFX (Fidelity Advisor Freedom 2040 Fund Class I) and PLTZX (Principal LifeTime 2060 Fund) are both Target Retirement Date funds. Over the past 10 years, FIFFX returned 11.19%/yr vs 11.27%/yr for PLTZX. Their 0.97 correlation means they have historically moved very closely together. FIFFX charges 0.75%/yr vs 0.01%/yr for PLTZX.
Performance
FIFFX vs. PLTZX - Performance Comparison
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Returns By Period
In the year-to-date period, FIFFX achieves a 9.23% return, which is significantly higher than PLTZX's 8.71% return. Both investments have delivered pretty close results over the past 10 years, with FIFFX having a 11.19% annualized return and PLTZX not far ahead at 11.27%.
FIFFX
- 1D
- 1.94%
- 1M
- -1.19%
- 6M
- 5.87%
- YTD
- 9.23%
- 1Y
- 19.26%
- 3Y*
- 15.71%
- 5Y*
- 8.46%
- 10Y*
- 11.19%
- ALL TIME*
- 7.46%
PLTZX
- 1D
- 1.69%
- 1M
- 0.44%
- 6M
- 5.90%
- YTD
- 8.71%
- 1Y
- 18.01%
- 3Y*
- 15.94%
- 5Y*
- 8.69%
- 10Y*
- 11.27%
- ALL TIME*
- 10.45%
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 |
FIFFX vs. PLTZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIFFX Fidelity Advisor Freedom 2040 Fund Class I | 9.23% | 21.49% | 12.80% | 18.73% | -18.08% | 15.98% | 17.55% | 26.72% | -8.25% | 21.66% |
PLTZX Principal LifeTime 2060 Fund | 8.71% | 17.76% | 16.89% | 20.36% | -18.81% | 18.12% | 16.60% | 27.54% | -9.24% | 22.68% |
Correlation
The correlation between FIFFX and PLTZX 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. | 0.96 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.97 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.97 |
Correlation (All Time) Calculated using the full available price history since Mar 4, 2013 | 0.97 |
The correlation between FIFFX and PLTZX has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.
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Return for Risk
FIFFX vs. PLTZX — Risk / Return Rank
FIFFX
PLTZX
FIFFX vs. PLTZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2040 Fund Class I (FIFFX) and Principal LifeTime 2060 Fund (PLTZX). 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.
| FIFFX | PLTZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.21 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.23 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 1.84 | +0.20 |
| Martin ratioReturn relative to average drawdown | 8.34 | 7.88 | +0.46 |
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Drawdowns
FIFFX vs. PLTZX - Drawdown Comparison
The maximum FIFFX drawdown since its inception was -56.01%, which is greater than PLTZX's maximum drawdown of -34.01%. Use the drawdown chart below to compare losses from any high point for FIFFX and PLTZX.
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Drawdown Indicators
| FIFFX | PLTZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.01% | -34.01% | -22.00% |
Max Drawdown (1Y)Largest decline over 1 year | -8.80% | -8.70% | -0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -13.80% | -15.73% | +1.93% |
Max Drawdown (5Y)Largest decline over 5 years | -27.21% | -26.79% | -0.42% |
Max Drawdown (10Y)Largest decline over 10 years | -31.25% | -34.01% | +2.76% |
Current DrawdownCurrent decline from peak | -2.34% | -0.87% | -1.47% |
Average DrawdownAverage peak-to-trough decline | -7.59% | -4.59% | -3.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 2.03% | +0.11% |
Volatility
FIFFX vs. PLTZX - Volatility Comparison
Fidelity Advisor Freedom 2040 Fund Class I (FIFFX) has a higher volatility of 3.91% compared to Principal LifeTime 2060 Fund (PLTZX) at 3.45%. This indicates that FIFFX's price experiences larger fluctuations and is considered to be riskier than PLTZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIFFX | PLTZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.91% | 3.45% | +0.46% |
Volatility (6M)Calculated over the trailing 6-month period | 10.93% | 10.61% | +0.32% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.72% | 12.83% | -0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.50% | 15.59% | -1.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.18% | 15.95% | -0.77% |
FIFFX vs. PLTZX - Expense Ratio Comparison
FIFFX has a 0.75% expense ratio, which is higher than PLTZX's 0.01% expense ratio.
Dividends
FIFFX vs. PLTZX - Dividend Comparison
FIFFX's dividend yield for the trailing twelve months is around 7.75%, more than PLTZX's 7.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIFFX Fidelity Advisor Freedom 2040 Fund Class I | 7.75% | 7.05% | 1.40% | 1.21% | 10.94% | 9.92% | 5.93% | 7.14% | 12.00% | 5.43% | 4.97% | 4.09% |
PLTZX Principal LifeTime 2060 Fund | 7.67% | 8.33% | 7.85% | 4.12% | 8.44% | 5.29% | 3.60% | 5.86% | 5.75% | 2.73% | 3.48% | 3.29% |
Frequently Asked Questions
With a correlation of 0.97, FIFFX and PLTZX 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.
FIFFX has higher volatility (3.91%) compared to PLTZX (3.45%). In terms of maximum drawdown, FIFFX dropped -56.01% vs PLTZX's -34.01%.
FIFFX currently has the higher Sharpe Ratio (1.41 vs 1.25), 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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