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FIIIX vs. FFIZX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIIIX vs. FFIZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor International Growth Fund Class I (FIIIX) and Fidelity Freedom Index 2040 Fund Institutional Premium Class (FFIZX). The values are adjusted to include any dividend payments, if applicable.

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FIIIX vs. FFIZX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FIIIX
Fidelity Advisor International Growth Fund Class I
-5.87%17.90%4.86%20.87%-23.21%15.45%16.95%34.01%-11.52%28.79%
FFIZX
Fidelity Freedom Index 2040 Fund Institutional Premium Class
-3.61%19.93%13.37%19.44%-18.15%15.97%16.51%26.01%-7.20%20.57%

Returns By Period

In the year-to-date period, FIIIX achieves a -5.87% return, which is significantly lower than FFIZX's -3.61% return. Over the past 10 years, FIIIX has underperformed FFIZX with an annualized return of 8.28%, while FFIZX has yielded a comparatively higher 10.23% annualized return.


FIIIX

1D
-0.47%
1M
-13.47%
YTD
-5.87%
6M
-5.59%
1Y
8.90%
3Y*
8.41%
5Y*
4.41%
10Y*
8.28%

FFIZX

1D
-0.07%
1M
-7.74%
YTD
-3.61%
6M
-0.91%
1Y
15.56%
3Y*
13.57%
5Y*
7.38%
10Y*
10.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FIIIX vs. FFIZX - Expense Ratio Comparison

FIIIX has a 1.00% expense ratio, which is higher than FFIZX's 0.08% expense ratio.


Return for Risk

FIIIX vs. FFIZX — Risk / Return Rank

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

FIIIX
FIIIX Risk / Return Rank: 1717
Overall Rank
FIIIX Sharpe Ratio Rank: 1717
Sharpe Ratio Rank
FIIIX Sortino Ratio Rank: 1717
Sortino Ratio Rank
FIIIX Omega Ratio Rank: 1616
Omega Ratio Rank
FIIIX Calmar Ratio Rank: 1717
Calmar Ratio Rank
FIIIX Martin Ratio Rank: 1919
Martin Ratio Rank

FFIZX
FFIZX Risk / Return Rank: 6666
Overall Rank
FFIZX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
FFIZX Sortino Ratio Rank: 6767
Sortino Ratio Rank
FFIZX Omega Ratio Rank: 6767
Omega Ratio Rank
FFIZX Calmar Ratio Rank: 6262
Calmar Ratio Rank
FFIZX Martin Ratio Rank: 7070
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.

FIIIX vs. FFIZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Growth Fund Class I (FIIIX) and Fidelity Freedom Index 2040 Fund Institutional Premium Class (FFIZX). 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.


FIIIXFFIZXDifference

Sharpe ratio

Return per unit of total volatility

0.44

1.14

-0.70

Sortino ratio

Return per unit of downside risk

0.74

1.65

-0.92

Omega ratio

Gain probability vs. loss probability

1.10

1.25

-0.15

Calmar ratio

Return relative to maximum drawdown

0.50

1.42

-0.92

Martin ratio

Return relative to average drawdown

1.99

6.61

-4.62

FIIIX vs. FFIZX - Sharpe Ratio Comparison

The current FIIIX Sharpe Ratio is 0.44, which is lower than the FFIZX Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of FIIIX and FFIZX, 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


FIIIXFFIZXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.44

1.14

-0.70

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.25

0.54

-0.29

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.47

0.69

-0.22

Sharpe Ratio (All Time)

Calculated using the full available price history

0.27

0.62

-0.35

Correlation

The correlation between FIIIX and FFIZX is 0.90, 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

FIIIX vs. FFIZX - Dividend Comparison

FIIIX's dividend yield for the trailing twelve months is around 3.66%, more than FFIZX's 2.47% yield.


TTM20252024202320222021202020192018201720162015
FIIIX
Fidelity Advisor International Growth Fund Class I
3.66%3.44%0.78%0.47%1.65%1.93%0.12%1.00%0.91%0.12%1.28%0.77%
FFIZX
Fidelity Freedom Index 2040 Fund Institutional Premium Class
2.47%2.38%2.23%2.00%2.13%2.08%2.02%18.32%2.26%1.86%2.04%2.04%

Drawdowns

FIIIX vs. FFIZX - Drawdown Comparison

The maximum FIIIX drawdown since its inception was -55.97%, which is greater than FFIZX's maximum drawdown of -30.69%. Use the drawdown chart below to compare losses from any high point for FIIIX and FFIZX.


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Drawdown Indicators


FIIIXFFIZXDifference

Max Drawdown

Largest peak-to-trough decline

-55.97%

-30.69%

-25.28%

Max Drawdown (1Y)

Largest decline over 1 year

-13.99%

-9.98%

-4.01%

Max Drawdown (5Y)

Largest decline over 5 years

-34.95%

-26.07%

-8.88%

Max Drawdown (10Y)

Largest decline over 10 years

-34.95%

-30.69%

-4.26%

Current Drawdown

Current decline from peak

-13.99%

-8.10%

-5.89%

Average Drawdown

Average peak-to-trough decline

-10.49%

-4.72%

-5.77%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.52%

2.14%

+1.38%

Volatility

FIIIX vs. FFIZX - Volatility Comparison

Fidelity Advisor International Growth Fund Class I (FIIIX) has a higher volatility of 7.99% compared to Fidelity Freedom Index 2040 Fund Institutional Premium Class (FFIZX) at 4.49%. This indicates that FIIIX's price experiences larger fluctuations and is considered to be riskier than FFIZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FIIIXFFIZXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.99%

4.49%

+3.50%

Volatility (6M)

Calculated over the trailing 6-month period

12.66%

7.81%

+4.85%

Volatility (1Y)

Calculated over the trailing 1-year period

18.96%

13.76%

+5.20%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.55%

13.72%

+3.83%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.52%

14.83%

+2.69%