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FIPFX vs. FNSBX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FIPFX and FNSBX 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.


-0.50.00.51.01.0

Performance

FIPFX vs. FNSBX - 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 2050 Fund Class K (FNSBX). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
5.61%
4.53%
FIPFX
FNSBX

Key characteristics

Sharpe Ratio

FIPFX:

1.51

FNSBX:

1.41

Sortino Ratio

FIPFX:

2.07

FNSBX:

1.97

Omega Ratio

FIPFX:

1.27

FNSBX:

1.25

Calmar Ratio

FIPFX:

2.33

FNSBX:

0.91

Martin Ratio

FIPFX:

9.30

FNSBX:

8.52

Ulcer Index

FIPFX:

1.74%

FNSBX:

1.90%

Daily Std Dev

FIPFX:

10.74%

FNSBX:

11.51%

Max Drawdown

FIPFX:

-37.17%

FNSBX:

-35.44%

Current Drawdown

FIPFX:

-3.01%

FNSBX:

-3.50%

Returns By Period

The year-to-date returns for both stocks are quite close, with FIPFX having a 15.25% return and FNSBX slightly lower at 15.23%.


FIPFX

YTD

15.25%

1M

-0.82%

6M

5.61%

1Y

16.06%

5Y*

5.96%

10Y*

7.13%

FNSBX

YTD

15.23%

1M

-1.19%

6M

4.53%

1Y

16.00%

5Y*

4.28%

10Y*

N/A

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. FNSBX - Expense Ratio Comparison

FIPFX has a 0.12% expense ratio, which is lower than FNSBX's 0.65% expense ratio.


FNSBX
Fidelity Freedom 2050 Fund Class K
Expense ratio chart for FNSBX: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
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%

Risk-Adjusted Performance

FIPFX vs. FNSBX - 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 2050 Fund Class K (FNSBX). 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 1.51, compared to the broader market-1.000.001.002.003.004.001.511.41
The chart of Sortino ratio for FIPFX, currently valued at 2.07, compared to the broader market-2.000.002.004.006.008.0010.002.071.97
The chart of Omega ratio for FIPFX, currently valued at 1.27, compared to the broader market0.501.001.502.002.503.003.501.271.25
The chart of Calmar ratio for FIPFX, currently valued at 2.33, compared to the broader market0.002.004.006.008.0010.0012.0014.002.330.91
The chart of Martin ratio for FIPFX, currently valued at 9.30, compared to the broader market0.0020.0040.0060.009.308.52
FIPFX
FNSBX

The current FIPFX Sharpe Ratio is 1.51, which is comparable to the FNSBX Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of FIPFX and FNSBX, 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 Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.51
1.41
FIPFX
FNSBX

Dividends

FIPFX vs. FNSBX - Dividend Comparison

FIPFX's dividend yield for the trailing twelve months is around 1.71%, more than FNSBX's 1.22% 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%
FNSBX
Fidelity Freedom 2050 Fund Class K
1.22%1.41%2.17%2.32%1.10%1.56%1.74%1.27%0.00%0.00%0.00%0.00%

Drawdowns

FIPFX vs. FNSBX - Drawdown Comparison

The maximum FIPFX drawdown since its inception was -37.17%, roughly equal to the maximum FNSBX drawdown of -35.44%. Use the drawdown chart below to compare losses from any high point for FIPFX and FNSBX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.01%
-3.50%
FIPFX
FNSBX

Volatility

FIPFX vs. FNSBX - Volatility Comparison

Fidelity Freedom Index 2050 Fund Investor Class (FIPFX) and Fidelity Freedom 2050 Fund Class K (FNSBX) have volatilities of 3.28% and 3.37%, 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.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.28%
3.37%
FIPFX
FNSBX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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