FISNX vs. FHBZX

Last updated Jun 4, 2026

FISNX (Fidelity Flex Freedom Blend 2010 Fund) and FHBZX (Fidelity Freedom Blend Income Fund) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FISNX returned 4.06%/yr vs 3.09%/yr for FHBZX. Their correlation of 0.94 suggests significant overlap in exposure. FISNX charges 0.00%/yr vs 0.41%/yr for FHBZX.

Performance

FISNX vs. FHBZX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Flex Freedom Blend 2010 Fund (FISNX) and Fidelity Freedom Blend Income Fund (FHBZX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FISNX achieves a 5.70% return, which is significantly higher than FHBZX's 4.97% return.

FISNX

• 1D: 0.28%
• 1M: 2.07%
• YTD: 5.70%
• 6M: 6.03%
• 1Y: 13.22%
• 3Y*: 9.44%
• 5Y*: 4.06%
• 10Y*: —

FHBZX

• 1D: 0.18%
• 1M: 1.78%
• YTD: 4.97%
• 6M: 5.26%
• 1Y: 11.55%
• 3Y*: 7.89%
• 5Y*: 3.09%
• 10Y*: —

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

FISNX vs. FHBZX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FISNX Fidelity Flex Freedom Blend 2010 Fund	5.70%	11.53%	5.63%	10.21%	-13.01%	5.62%	10.81%	14.65%	-4.74%
FHBZX Fidelity Freedom Blend Income Fund	4.97%	10.12%	4.11%	8.07%	-11.70%	2.84%	8.57%	10.47%	-2.39%

Correlation

The correlation between FISNX and FHBZX is 0.97 - 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	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Sep 4, 2018	0.94

The correlation between FISNX and FHBZX has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.

Return for Risk

FISNX vs. FHBZX — Risk / Return Rank

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

FISNX

FISNX Risk / Return Rank: 80
FISNX Sharpe Ratio Rank: 82
FISNX Sortino Ratio Rank: 82
FISNX Omega Ratio Rank: 83
FISNX Calmar Ratio Rank: 75
FISNX Martin Ratio Rank: 79

FHBZX

FHBZX Risk / Return Rank: 75
FHBZX Sharpe Ratio Rank: 77
FHBZX Sortino Ratio Rank: 79
FHBZX Omega Ratio Rank: 79
FHBZX Calmar Ratio Rank: 68
FHBZX Martin Ratio Rank: 73

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.

FISNX vs. FHBZX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2010 Fund (FISNX) and Fidelity Freedom Blend Income Fund (FHBZX). 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.

	FISNX	FHBZX	Difference
Sharpe ratio: Return per unit of total volatility	2.68	2.55	+0.13
Sortino ratio: Return per unit of downside risk	3.91	3.75	+0.16
Omega ratio: Gain probability vs. loss probability	1.55	1.52	+0.03
Calmar ratio: Return relative to maximum drawdown	3.41	3.19	+0.22
Martin ratio: Return relative to average drawdown	14.81	13.98	+0.83
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FISNX vs. FHBZX - Sharpe Ratio Comparison

The current FISNX Sharpe Ratio is 2.68, which is comparable to the FHBZX Sharpe Ratio of 2.55. The chart below compares the historical Sharpe Ratios of FISNX and FHBZX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FISNX	FHBZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.68	2.55	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.58	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.88	0.86	+0.02

Drawdowns

FISNX vs. FHBZX - Drawdown Comparison

The maximum FISNX drawdown since its inception was -18.11%, which is greater than FHBZX's maximum drawdown of -16.21%. Use the drawdown chart below to compare losses from any high point for FISNX and FHBZX.

Drawdown Indicators

	FISNX	FHBZX	Difference
Max Drawdown Largest peak-to-trough decline	-18.11%	-16.21%	-1.90%
Max Drawdown (1Y) Largest decline over 1 year	-3.91%	-3.63%	-0.28%
Max Drawdown (3Y) Largest decline over 3 years	-5.77%	-5.03%	-0.74%
Max Drawdown (5Y) Largest decline over 5 years	-18.11%	-16.21%	-1.90%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-3.46%	-3.32%	-0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	0.83%	+0.07%

Volatility

FISNX vs. FHBZX - Volatility Comparison

Fidelity Flex Freedom Blend 2010 Fund (FISNX) and Fidelity Freedom Blend Income Fund (FHBZX) have volatilities of 1.99% and 1.90%, 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

	FISNX	FHBZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.99%	1.90%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	4.18%	3.85%	+0.33%
Volatility (1Y) Calculated over the trailing 1-year period	4.98%	4.55%	+0.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.42%	5.38%	+1.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.42%	5.00%	+1.42%

FISNX vs. FHBZX - Expense Ratio Comparison

FISNX has a 0.00% expense ratio, which is lower than FHBZX's 0.41% expense ratio.

Dividends

FISNX vs. FHBZX - Dividend Comparison

FISNX's dividend yield for the trailing twelve months is around 4.01%, more than FHBZX's 2.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FHBZX Fidelity Freedom Blend Income Fund	2.96%	3.25%	3.03%	2.85%	4.58%	3.94%	2.57%	2.36%	1.26%	0.00%
FISNX Fidelity Flex Freedom Blend 2010 Fund	4.01%	3.68%	4.39%	3.17%	5.92%	6.53%	3.63%	5.29%	5.20%	2.34%

Frequently Asked Questions

Can I hold both FISNX and FHBZX in my portfolio?

With a correlation of 0.97, FISNX and FHBZX 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, FISNX or FHBZX?

FISNX has higher volatility (1.99%) compared to FHBZX (1.90%). In terms of maximum drawdown, FISNX dropped -18.11% vs FHBZX's -16.21%.

Which has better risk-adjusted returns?

FISNX currently has the higher Sharpe Ratio (2.68 vs 2.55), 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.