FIJQX vs. FHUEX

Last updated Jun 25, 2026

FIJQX (Fidelity Advisor Freedom 2045 Fund Class Z) and FHUEX (Fidelity Advisor Freedom Blend 2055 Fund Class A) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FIJQX returned 9.74%/yr vs 9.74%/yr for FHUEX. With a 1.00 correlation, they move nearly in lockstep. FIJQX charges 0.65%/yr vs 0.74%/yr for FHUEX.

Performance

FIJQX vs. FHUEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2045 Fund Class Z (FIJQX) and Fidelity Advisor Freedom Blend 2055 Fund Class A (FHUEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIJQX achieves a 10.49% return, which is significantly lower than FHUEX's 11.68% return.

FIJQX

• 1D: -2.08%
• 1M: 0.69%
• YTD: 10.49%
• 6M: 9.84%
• 1Y: 23.38%
• 3Y*: 19.80%
• 5Y*: 9.74%
• 10Y*: —

FHUEX

• 1D: -2.21%
• 1M: 0.74%
• YTD: 11.68%
• 6M: 10.91%
• 1Y: 25.55%
• 3Y*: 19.89%
• 5Y*: 9.74%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FIJQX vs. FHUEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FIJQX Fidelity Advisor Freedom 2045 Fund Class Z	10.49%	23.07%	15.82%	19.42%	-18.07%	16.20%	17.62%	26.84%	-8.54%
FHUEX Fidelity Advisor Freedom Blend 2055 Fund Class A	11.68%	22.36%	15.97%	20.20%	-19.29%	15.91%	17.58%	26.08%	-8.53%

Correlation

The correlation between FIJQX and FHUEX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (All Time) Calculated using the full available price history since Oct 17, 2018	1.00

The correlation between FIJQX and FHUEX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.

Return for Risk

FIJQX vs. FHUEX — Risk / Return Rank

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

FIJQX

FIJQX Risk / Return Rank: 57
FIJQX Sharpe Ratio Rank: 55
FIJQX Sortino Ratio Rank: 52
FIJQX Omega Ratio Rank: 56
FIJQX Calmar Ratio Rank: 57
FIJQX Martin Ratio Rank: 66

FHUEX

FHUEX Risk / Return Rank: 66
FHUEX Sharpe Ratio Rank: 64
FHUEX Sortino Ratio Rank: 60
FHUEX Omega Ratio Rank: 63
FHUEX Calmar Ratio Rank: 69
FHUEX Martin Ratio Rank: 76

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.

FIJQX vs. FHUEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2045 Fund Class Z (FIJQX) and Fidelity Advisor Freedom Blend 2055 Fund Class A (FHUEX). 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.

	FIJQX	FHUEX	Difference
Sharpe ratio: Return per unit of total volatility	1.85	1.97	-0.12
Sortino ratio: Return per unit of downside risk	2.55	2.71	-0.15
Omega ratio: Gain probability vs. loss probability	1.35	1.37	-0.02
Calmar ratio: Return relative to maximum drawdown	2.58	2.82	-0.24
Martin ratio: Return relative to average drawdown	11.10	12.22	-1.11

FIJQX vs. FHUEX - Sharpe Ratio Comparison

The current FIJQX Sharpe Ratio is 1.85, which is comparable to the FHUEX Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of FIJQX and FHUEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FIJQX vs. FHUEX - Drawdown Comparison

The maximum FIJQX drawdown since its inception was -31.22%, roughly equal to the maximum FHUEX drawdown of -31.34%. Use the drawdown chart below to compare losses from any high point for FIJQX and FHUEX.

Drawdown Indicators

	FIJQX	FHUEX	Difference
Max Drawdown Largest peak-to-trough decline	-31.22%	-31.34%	+0.12%
Max Drawdown (1Y) Largest decline over 1 year	-9.70%	-9.69%	-0.01%
Max Drawdown (3Y) Largest decline over 3 years	-15.05%	-15.58%	+0.53%
Max Drawdown (5Y) Largest decline over 5 years	-27.29%	-27.98%	+0.69%
Current Drawdown Current decline from peak	-2.38%	-2.38%	0.00%
Average Drawdown Average peak-to-trough decline	-5.68%	-5.96%	+0.28%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.25%	2.23%	+0.02%

Volatility

FIJQX vs. FHUEX - Volatility Comparison

Fidelity Advisor Freedom 2045 Fund Class Z (FIJQX) and Fidelity Advisor Freedom Blend 2055 Fund Class A (FHUEX) have volatilities of 5.89% and 6.17%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIJQX	FHUEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.89%	6.17%	-0.28%
Volatility (6M) Calculated over the trailing 6-month period	11.51%	11.79%	-0.28%
Volatility (1Y) Calculated over the trailing 1-year period	13.53%	13.84%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.11%	15.30%	-0.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.89%	16.94%	-0.05%

FIJQX vs. FHUEX - Expense Ratio Comparison

FIJQX has a 0.65% expense ratio, which is lower than FHUEX's 0.74% expense ratio.

Dividends

FIJQX vs. FHUEX - Dividend Comparison

FIJQX's dividend yield for the trailing twelve months is around 7.42%, more than FHUEX's 3.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FHUEX Fidelity Advisor Freedom Blend 2055 Fund Class A	3.17%	2.24%	4.66%	1.85%	6.05%	8.12%	4.43%	2.86%	3.60%
FIJQX Fidelity Advisor Freedom 2045 Fund Class Z	7.42%	6.52%	3.64%	1.77%	11.86%	9.87%	5.51%	7.36%	7.41%

Frequently Asked Questions

Can I hold both FIJQX and FHUEX in my portfolio?

With a correlation of 1.00, FIJQX and FHUEX 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.

Which is riskier, FIJQX or FHUEX?

FHUEX has higher volatility (6.17%) compared to FIJQX (5.89%). In terms of maximum drawdown, FIJQX dropped -31.22% vs FHUEX's -31.34%.

Which has better risk-adjusted returns?

FHUEX currently has the higher Sharpe Ratio (1.97 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.