FITHX vs. DTDRX

Last updated Jun 26, 2026

FITHX (Fidelity Advisor Freedom 2035 Fund Class I) and DTDRX (Dimensional 2065 Target Date Retirement Income Fund) are both Target Retirement Date funds. Over the past 5 years, FITHX returned 6.98%/yr vs 10.87%/yr for DTDRX. With a 0.95 correlation, they move nearly in lockstep. FITHX charges 0.71%/yr vs 0.22%/yr for DTDRX.

Performance

FITHX vs. DTDRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2035 Fund Class I (FITHX) and Dimensional 2065 Target Date Retirement Income Fund (DTDRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FITHX achieves a 8.14% return, which is significantly lower than DTDRX's 9.68% return.

FITHX

• 1D: 0.23%
• 1M: -0.12%
• YTD: 8.14%
• 6M: 7.63%
• 1Y: 18.26%
• 3Y*: 15.33%
• 5Y*: 6.98%
• 10Y*: 10.75%

DTDRX

• 1D: 0.00%
• 1M: -1.45%
• YTD: 9.68%
• 6M: 8.62%
• 1Y: 22.78%
• 3Y*: 18.95%
• 5Y*: 10.87%
• 10Y*: —

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

FITHX vs. DTDRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FITHX Fidelity Advisor Freedom 2035 Fund Class I	8.14%	18.71%	10.76%	16.65%	-17.53%	13.97%	16.48%	0.21%
DTDRX Dimensional 2065 Target Date Retirement Income Fund	9.68%	19.28%	17.13%	21.29%	-15.25%	20.99%	13.15%	0.00%

Correlation

The correlation between FITHX and DTDRX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Dec 31, 2019	0.95

The correlation between FITHX and DTDRX has been stable across timeframes, ranging from 0.90 to 0.95 - a consistent structural relationship.

Return for Risk

FITHX vs. DTDRX — Risk / Return Rank

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

FITHX

FITHX Risk / Return Rank: 53
FITHX Sharpe Ratio Rank: 51
FITHX Sortino Ratio Rank: 49
FITHX Omega Ratio Rank: 54
FITHX Calmar Ratio Rank: 51
FITHX Martin Ratio Rank: 59

DTDRX

DTDRX Risk / Return Rank: 74
DTDRX Sharpe Ratio Rank: 75
DTDRX Sortino Ratio Rank: 72
DTDRX Omega Ratio Rank: 70
DTDRX Calmar Ratio Rank: 74
DTDRX Martin Ratio Rank: 80

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.

FITHX vs. DTDRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2035 Fund Class I (FITHX) and Dimensional 2065 Target Date Retirement Income Fund (DTDRX). 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.

	FITHX	DTDRX	Difference
Sharpe ratio: Return per unit of total volatility	1.75	2.09	-0.34
Sortino ratio: Return per unit of downside risk	2.46	2.90	-0.44
Omega ratio: Gain probability vs. loss probability	1.33	1.38	-0.04
Calmar ratio: Return relative to maximum drawdown	2.42	2.88	-0.46
Martin ratio: Return relative to average drawdown	10.19	12.32	-2.13

FITHX vs. DTDRX - Sharpe Ratio Comparison

The current FITHX Sharpe Ratio is 1.75, which is comparable to the DTDRX Sharpe Ratio of 2.09. The chart below compares the historical Sharpe Ratios of FITHX and DTDRX, 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

FITHX vs. DTDRX - Drawdown Comparison

The maximum FITHX drawdown since its inception was -54.57%, which is greater than DTDRX's maximum drawdown of -33.33%. Use the drawdown chart below to compare losses from any high point for FITHX and DTDRX.

Drawdown Indicators

	FITHX	DTDRX	Difference
Max Drawdown Largest peak-to-trough decline	-54.57%	-33.33%	-21.24%
Max Drawdown (1Y) Largest decline over 1 year	-7.56%	-8.57%	+1.01%
Max Drawdown (3Y) Largest decline over 3 years	-11.37%	-15.95%	+4.58%
Max Drawdown (5Y) Largest decline over 5 years	-25.91%	-23.47%	-2.44%
Max Drawdown (10Y) Largest decline over 10 years	-29.21%	—	—
Current Drawdown Current decline from peak	-1.60%	-2.41%	+0.81%
Average Drawdown Average peak-to-trough decline	-7.06%	-5.06%	-2.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	1.93%	-0.14%

Volatility

FITHX vs. DTDRX - Volatility Comparison

Fidelity Advisor Freedom 2035 Fund Class I (FITHX) and Dimensional 2065 Target Date Retirement Income Fund (DTDRX) have volatilities of 4.57% and 4.79%, 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

	FITHX	DTDRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.57%	4.79%	-0.22%
Volatility (6M) Calculated over the trailing 6-month period	8.95%	9.65%	-0.70%
Volatility (1Y) Calculated over the trailing 1-year period	10.45%	11.86%	-1.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.50%	14.97%	-2.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.61%	19.16%	-5.55%

FITHX vs. DTDRX - Expense Ratio Comparison

FITHX has a 0.71% expense ratio, which is higher than DTDRX's 0.22% expense ratio.

Dividends

FITHX vs. DTDRX - Dividend Comparison

FITHX's dividend yield for the trailing twelve months is around 7.31%, more than DTDRX's 1.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DTDRX Dimensional 2065 Target Date Retirement Income Fund	1.40%	1.31%	2.07%	1.94%	2.01%	1.53%	2.55%	0.00%	0.00%	0.00%	0.00%	0.00%
FITHX Fidelity Advisor Freedom 2035 Fund Class I	7.31%	7.28%	1.92%	1.51%	9.95%	9.48%	6.16%	7.35%	11.94%	4.16%	4.86%	5.38%

Frequently Asked Questions

Can I hold both FITHX and DTDRX in my portfolio?

FITHX and DTDRX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FITHX or DTDRX?

DTDRX has higher volatility (4.79%) compared to FITHX (4.57%). In terms of maximum drawdown, FITHX dropped -54.57% vs DTDRX's -33.33%.

Which has better risk-adjusted returns?

DTDRX currently has the higher Sharpe Ratio (2.09 vs 1.75), 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.