FISNX vs. FNGLX

Last updated Aug 1, 2026

FISNX (Fidelity Flex Freedom Blend 2010 Fund) and FNGLX (Fidelity Advisor Freedom 2060 Fund Class Z6) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FISNX returned 3.54%/yr vs 9.58%/yr for FNGLX. Their correlation of 0.88 means they have usually moved in the same direction. FISNX charges 0.00%/yr vs 0.50%/yr for FNGLX.

Performance

FISNX vs. FNGLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Flex Freedom Blend 2010 Fund (FISNX) and Fidelity Advisor Freedom 2060 Fund Class Z6 (FNGLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FISNX achieves a 4.54% return, which is significantly lower than FNGLX's 10.83% return.

FISNX

• 1D: 0.75%
• 1M: -0.65%
• 6M: 2.95%
• YTD: 4.54%
• 1Y: 9.25%
• 3Y*: 8.34%
• 5Y*: 3.54%
• 10Y*: —
• ALL TIME*: 5.39%

FNGLX

• 1D: 2.33%
• 1M: -1.16%
• 6M: 7.04%
• YTD: 10.83%
• 1Y: 22.11%
• 3Y*: 17.37%
• 5Y*: 9.58%
• 10Y*: —
• ALL TIME*: 11.25%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FISNX Fidelity Flex Freedom Blend 2010 Fund	$0.00	$0.00	$0.00
FNGLX Fidelity Advisor Freedom 2060 Fund Class Z6	$0.00	$0.00	$0.00

FISNX vs. FNGLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FISNX Fidelity Flex Freedom Blend 2010 Fund	4.54%	11.53%	5.63%	10.21%	-13.01%	5.62%	10.81%	14.65%	-3.42%	5.51%
FNGLX Fidelity Advisor Freedom 2060 Fund Class Z6	10.83%	23.45%	13.95%	19.61%	-17.95%	16.30%	17.81%	26.88%	-7.97%	8.02%

Correlation

The correlation between FISNX and FNGLX is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (All Time) Calculated using the full available price history since Jun 15, 2017	0.88

The correlation between FISNX and FNGLX has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

Return for Risk

FISNX vs. FNGLX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FISNX

FISNX Risk / Return Rank: 73
FISNX Sharpe Ratio Rank: 70
FISNX Sortino Ratio Rank: 70
FISNX Omega Ratio Rank: 73
FISNX Calmar Ratio Rank: 73
FISNX Martin Ratio Rank: 79

FNGLX

FNGLX Risk / Return Rank: 59
FNGLX Sharpe Ratio Rank: 56
FNGLX Sortino Ratio Rank: 54
FNGLX Omega Ratio Rank: 55
FNGLX Calmar Ratio Rank: 61
FNGLX Martin Ratio Rank: 70

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FISNX vs. FNGLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2010 Fund (FISNX) and Fidelity Advisor Freedom 2060 Fund Class Z6 (FNGLX). 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.

	FISNX	FNGLX	Difference
Sharpe ratio: Return per unit of total volatility	1.67	1.43	+0.25
Sortino ratio: Return per unit of downside risk	2.39	2.02	+0.37
Omega ratio: Gain probability vs. loss probability	1.32	1.26	+0.06
Calmar ratio: Return relative to maximum drawdown	2.42	2.08	+0.33
Martin ratio: Return relative to average drawdown	9.70	8.64	+1.06

FISNX vs. FNGLX - Sharpe Ratio Comparison

The current FISNX Sharpe Ratio is 1.67, which is comparable to the FNGLX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of FISNX and FNGLX, 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

FISNX vs. FNGLX - Drawdown Comparison

The maximum FISNX drawdown since its inception was -18.11%, smaller than the maximum FNGLX drawdown of -31.22%. Use the drawdown chart below to compare losses from any high point for FISNX and FNGLX.

Drawdown Indicators

	FISNX	FNGLX	Difference
Max Drawdown Largest peak-to-trough decline	-18.11%	-31.22%	+13.11%
Max Drawdown (1Y) Largest decline over 1 year	-3.91%	-9.90%	+5.99%
Max Drawdown (3Y) Largest decline over 3 years	-4.67%	-15.06%	+10.39%
Max Drawdown (5Y) Largest decline over 5 years	-18.11%	-27.15%	+9.04%
Current Drawdown Current decline from peak	-1.19%	-2.45%	+1.26%
Average Drawdown Average peak-to-trough decline	-3.41%	-5.40%	+1.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	2.38%	-1.41%

Volatility

FISNX vs. FNGLX - Volatility Comparison

The current volatility for Fidelity Flex Freedom Blend 2010 Fund (FISNX) is 1.73%, while Fidelity Advisor Freedom 2060 Fund Class Z6 (FNGLX) has a volatility of 4.52%. This indicates that FISNX experiences smaller price fluctuations and is considered to be less risky than FNGLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FISNX	FNGLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.73%	4.52%	-2.79%
Volatility (6M) Calculated over the trailing 6-month period	4.95%	12.48%	-7.53%
Volatility (1Y) Calculated over the trailing 1-year period	5.65%	14.45%	-8.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.54%	15.25%	-8.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.44%	16.11%	-9.67%

FISNX vs. FNGLX - Expense Ratio Comparison

FISNX has a 0.00% expense ratio, which is lower than FNGLX's 0.50% expense ratio.

Dividends

FISNX vs. FNGLX - Dividend Comparison

FISNX's dividend yield for the trailing twelve months is around 4.05%, less than FNGLX's 6.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FISNX Fidelity Flex Freedom Blend 2010 Fund	4.05%	3.68%	4.39%	3.17%	5.92%	6.53%	3.63%	5.29%	5.20%	2.34%
FNGLX Fidelity Advisor Freedom 2060 Fund Class Z6	6.17%	4.94%	2.04%	2.36%	10.48%	8.88%	4.70%	6.51%	8.88%	1.06%

Frequently Asked Questions

Can I hold both FISNX and FNGLX in my portfolio?

With a correlation of 0.91, FISNX and FNGLX 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 FNGLX?

FNGLX has higher volatility (4.52%) compared to FISNX (1.73%). In terms of maximum drawdown, FISNX dropped -18.11% vs FNGLX's -31.22%.

Which has better risk-adjusted returns?

FISNX currently has the higher Sharpe Ratio (1.67 vs 1.43), 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.