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FIGLX vs. FSPGX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FIGLX vs. FSPGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2015 Fund Class Z6 (FIGLX) and Fidelity Large Cap Growth Index Fund (FSPGX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FIGLX achieves a 5.89% return, which is significantly lower than FSPGX's 8.60% return.


FIGLX

1D
0.26%
1M
2.09%
YTD
5.89%
6M
6.36%
1Y
14.33%
3Y*
11.76%
5Y*
5.14%
10Y*

FSPGX

1D
-0.38%
1M
7.10%
YTD
8.60%
6M
7.98%
1Y
27.43%
3Y*
25.53%
5Y*
16.03%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

FIGLX vs. FSPGX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FIGLX
Fidelity Advisor Freedom 2015 Fund Class Z6
5.89%13.20%10.15%11.20%-14.48%7.23%12.12%17.00%-4.10%4.13%
FSPGX
Fidelity Large Cap Growth Index Fund
8.60%18.54%33.27%42.77%-29.17%27.57%38.46%36.38%-1.79%12.77%

Correlation

The correlation between FIGLX and FSPGX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.71

Correlation (3Y)
Calculated over the trailing 3-year period

0.68

Correlation (5Y)
Calculated over the trailing 5-year period

0.73

Correlation (All Time)
Calculated using the full available price history since Jun 16, 2017

0.78

The correlation between FIGLX and FSPGX has been stable across timeframes, ranging from 0.68 to 0.78 - a consistent structural relationship.

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Return for Risk

FIGLX vs. FSPGX — Risk / Return Rank

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

FIGLX
FIGLX Risk / Return Rank: 6969
Overall Rank
FIGLX Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
FIGLX Sortino Ratio Rank: 7171
Sortino Ratio Rank
FIGLX Omega Ratio Rank: 7474
Omega Ratio Rank
FIGLX Calmar Ratio Rank: 6363
Calmar Ratio Rank
FIGLX Martin Ratio Rank: 6969
Martin Ratio Rank

FSPGX
FSPGX Risk / Return Rank: 3232
Overall Rank
FSPGX Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
FSPGX Sortino Ratio Rank: 3636
Sortino Ratio Rank
FSPGX Omega Ratio Rank: 3737
Omega Ratio Rank
FSPGX Calmar Ratio Rank: 2222
Calmar Ratio Rank
FSPGX Martin Ratio Rank: 2323
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.

FIGLX vs. FSPGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2015 Fund Class Z6 (FIGLX) and Fidelity Large Cap Growth Index Fund (FSPGX). 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.


FIGLXFSPGXDifference
Sharpe ratioReturn per unit of total volatility

+0.59

Sortino ratioReturn per unit of downside risk

+1.02

Omega ratioGain probability vs. loss probability

1.48

1.32

+0.16

Calmar ratioReturn relative to maximum drawdown

3.06

1.76

+1.30

Martin ratioReturn relative to average drawdown

13.26

5.90

+7.36

FIGLX vs. FSPGX - Sharpe Ratio Comparison

The current FIGLX Sharpe Ratio is 2.44, which is higher than the FSPGX Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of FIGLX and FSPGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


FIGLXFSPGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.44

1.85

+0.59

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.67

0.75

-0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.82

0.90

-0.07

Drawdowns

FIGLX vs. FSPGX - Drawdown Comparison

The maximum FIGLX drawdown since its inception was -20.40%, smaller than the maximum FSPGX drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FIGLX and FSPGX.


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Drawdown Indicators


FIGLXFSPGXDifference

Max Drawdown

Largest peak-to-trough decline

-20.40%

-32.66%

+12.26%

Max Drawdown (1Y)

Largest decline over 1 year

-4.72%

-16.17%

+11.45%

Max Drawdown (3Y)

Largest decline over 3 years

-6.63%

-23.32%

+16.69%

Max Drawdown (5Y)

Largest decline over 5 years

-20.40%

-32.66%

+12.26%

Current Drawdown

Current decline from peak

0.00%

-0.38%

+0.38%

Average Drawdown

Average peak-to-trough decline

-4.01%

-6.37%

+2.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.09%

4.81%

-3.72%

Volatility

FIGLX vs. FSPGX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom 2015 Fund Class Z6 (FIGLX) is 2.30%, while Fidelity Large Cap Growth Index Fund (FSPGX) has a volatility of 3.32%. This indicates that FIGLX experiences smaller price fluctuations and is considered to be less risky than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FIGLXFSPGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.30%

3.32%

-1.02%

Volatility (6M)

Calculated over the trailing 6-month period

4.96%

11.58%

-6.62%

Volatility (1Y)

Calculated over the trailing 1-year period

5.92%

15.39%

-9.47%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

7.73%

21.49%

-13.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.98%

21.55%

-13.57%

FIGLX vs. FSPGX - Expense Ratio Comparison

FIGLX has a 0.40% expense ratio, which is higher than FSPGX's 0.04% expense ratio.


Dividends

FIGLX vs. FSPGX - Dividend Comparison

FIGLX's dividend yield for the trailing twelve months is around 7.12%, more than FSPGX's 0.32% yield.


PositionTTM202520242023202220212020201920182017
FIGLX
Fidelity Advisor Freedom 2015 Fund Class Z6
7.12%7.30%8.04%2.89%8.49%10.66%7.17%7.24%10.73%3.69%
FSPGX
Fidelity Large Cap Growth Index Fund
0.32%0.34%0.37%0.73%0.86%2.22%1.76%1.04%1.32%0.22%

Frequently Asked Questions


FIGLX and FSPGX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FSPGX has higher volatility (3.32%) compared to FIGLX (2.30%). In terms of maximum drawdown, FIGLX dropped -20.40% vs FSPGX's -32.66%.

FIGLX currently has the higher Sharpe Ratio (2.44 vs 1.85), 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.

Portfolio Optimizer

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