FIPFX vs. FAMRX
Compare and contrast key facts about Fidelity Freedom Index 2050 Fund Investor Class (FIPFX) and Fidelity Asset Manager 85% Fund (FAMRX).
FIPFX is managed by Fidelity. It was launched on Oct 2, 2009. FAMRX is managed by Blackrock. It was launched on Sep 24, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIPFX or FAMRX.
Key characteristics
| FIPFX | FAMRX | |
|---|---|---|
| YTD Return | 15.90% | 14.79% |
| 1Y Return | 24.16% | 22.90% |
| 3Y Return (Ann) | 4.08% | 3.35% |
| 5Y Return (Ann) | 6.76% | 10.14% |
| 10Y Return (Ann) | 7.30% | 8.71% |
| Sharpe Ratio | 2.51 | 2.38 |
| Sortino Ratio | 3.48 | 3.31 |
| Omega Ratio | 1.46 | 1.44 |
| Calmar Ratio | 2.86 | 2.42 |
| Martin Ratio | 16.41 | 15.27 |
| Ulcer Index | 1.64% | 1.67% |
| Daily Std Dev | 10.74% | 10.73% |
| Max Drawdown | -37.17% | -60.05% |
| Current Drawdown | -1.28% | -1.10% |
Correlation
The correlation between FIPFX and FAMRX is 0.98, 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.
Performance
FIPFX vs. FAMRX - Performance Comparison
In the year-to-date period, FIPFX achieves a 15.90% return, which is significantly higher than FAMRX's 14.79% return. Over the past 10 years, FIPFX has underperformed FAMRX with an annualized return of 7.30%, while FAMRX has yielded a comparatively higher 8.71% 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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FIPFX vs. FAMRX - Expense Ratio Comparison
FIPFX has a 0.12% expense ratio, which is lower than FAMRX's 0.70% expense ratio.
Risk-Adjusted Performance
FIPFX vs. FAMRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2050 Fund Investor Class (FIPFX) and Fidelity Asset Manager 85% Fund (FAMRX). 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
FIPFX vs. FAMRX - Dividend Comparison
FIPFX's dividend yield for the trailing twelve months is around 1.70%, more than FAMRX's 1.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIPFX Fidelity Freedom Index 2050 Fund Investor Class | 1.70% | 1.94% | 1.96% | 1.52% | 1.39% | 1.77% | 2.19% | 1.72% | 2.04% | 2.00% | 3.26% | 0.10% |
FAMRX Fidelity Asset Manager 85% Fund | 1.16% | 1.33% | 1.85% | 1.12% | 0.80% | 1.36% | 1.36% | 0.98% | 1.05% | 1.41% | 11.42% | 4.40% |
Drawdowns
FIPFX vs. FAMRX - Drawdown Comparison
The maximum FIPFX drawdown since its inception was -37.17%, smaller than the maximum FAMRX drawdown of -60.05%. Use the drawdown chart below to compare losses from any high point for FIPFX and FAMRX. For additional features, visit the drawdowns tool.
Volatility
FIPFX vs. FAMRX - Volatility Comparison
Fidelity Freedom Index 2050 Fund Investor Class (FIPFX) and Fidelity Asset Manager 85% Fund (FAMRX) have volatilities of 2.87% and 2.85%, 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.