PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FIPFX vs. FIHFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FIPFX vs. FIHFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2050 Fund Investor Class (FIPFX) and Fidelity Freedom Index 2035 Fund Investor Class (FIHFX). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
6.04%
5.30%
FIPFX
FIHFX

Returns By Period

In the year-to-date period, FIPFX achieves a 15.04% return, which is significantly higher than FIHFX's 11.94% return. Over the past 10 years, FIPFX has underperformed FIHFX with an annualized return of 7.12%, while FIHFX has yielded a comparatively higher 7.86% annualized return.


FIPFX

YTD

15.04%

1M

-1.51%

6M

6.04%

1Y

22.57%

5Y (annualized)

6.64%

10Y (annualized)

7.12%

FIHFX

YTD

11.94%

1M

-1.48%

6M

5.30%

1Y

18.93%

5Y (annualized)

8.03%

10Y (annualized)

7.86%

Key characteristics


FIPFXFIHFX
Sharpe Ratio2.192.24
Sortino Ratio3.023.18
Omega Ratio1.401.41
Calmar Ratio2.592.00
Martin Ratio13.9714.11
Ulcer Index1.66%1.38%
Daily Std Dev10.60%8.68%
Max Drawdown-37.17%-28.42%
Current Drawdown-2.02%-1.64%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FIPFX vs. FIHFX - Expense Ratio Comparison

Both FIPFX and FIHFX have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


FIPFX
Fidelity Freedom Index 2050 Fund Investor Class
Expense ratio chart for FIPFX: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%
Expense ratio chart for FIHFX: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%

Correlation

-0.50.00.51.01.0

The correlation between FIPFX and FIHFX is 1.00, 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.

Risk-Adjusted Performance

FIPFX vs. FIHFX - 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 Freedom Index 2035 Fund Investor Class (FIHFX). 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.


Sharpe ratio
The chart of Sharpe ratio for FIPFX, currently valued at 2.19, compared to the broader market0.002.004.002.192.24
The chart of Sortino ratio for FIPFX, currently valued at 3.02, compared to the broader market0.005.0010.003.023.18
The chart of Omega ratio for FIPFX, currently valued at 1.40, compared to the broader market1.002.003.004.001.401.41
The chart of Calmar ratio for FIPFX, currently valued at 2.59, compared to the broader market0.005.0010.0015.0020.0025.002.592.00
The chart of Martin ratio for FIPFX, currently valued at 13.97, compared to the broader market0.0020.0040.0060.0080.00100.0013.9714.11
FIPFX
FIHFX

The current FIPFX Sharpe Ratio is 2.19, which is comparable to the FIHFX Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of FIPFX and FIHFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.19
2.24
FIPFX
FIHFX

Dividends

FIPFX vs. FIHFX - Dividend Comparison

FIPFX's dividend yield for the trailing twelve months is around 1.71%, less than FIHFX's 1.98% yield.


TTM20232022202120202019201820172016201520142013
FIPFX
Fidelity Freedom Index 2050 Fund Investor Class
1.71%1.94%1.96%1.52%1.39%1.77%2.19%1.72%2.04%2.00%3.26%0.10%
FIHFX
Fidelity Freedom Index 2035 Fund Investor Class
1.98%2.10%1.93%1.47%1.40%1.82%2.15%1.72%1.90%2.03%3.37%0.16%

Drawdowns

FIPFX vs. FIHFX - Drawdown Comparison

The maximum FIPFX drawdown since its inception was -37.17%, which is greater than FIHFX's maximum drawdown of -28.42%. Use the drawdown chart below to compare losses from any high point for FIPFX and FIHFX. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.02%
-1.64%
FIPFX
FIHFX

Volatility

FIPFX vs. FIHFX - Volatility Comparison

Fidelity Freedom Index 2050 Fund Investor Class (FIPFX) has a higher volatility of 2.98% compared to Fidelity Freedom Index 2035 Fund Investor Class (FIHFX) at 2.40%. This indicates that FIPFX's price experiences larger fluctuations and is considered to be riskier than FIHFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
2.98%
2.40%
FIPFX
FIHFX