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FITHX vs. FPADX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FITHX and FPADX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

FITHX vs. FPADX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2035 Fund Class I (FITHX) and Fidelity Emerging Markets Index Fund (FPADX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FITHX:

0.68

FPADX:

0.52

Sortino Ratio

FITHX:

0.99

FPADX:

0.78

Omega Ratio

FITHX:

1.13

FPADX:

1.10

Calmar Ratio

FITHX:

0.72

FPADX:

0.32

Martin Ratio

FITHX:

3.09

FPADX:

1.43

Ulcer Index

FITHX:

2.65%

FPADX:

5.66%

Daily Std Dev

FITHX:

12.65%

FPADX:

17.24%

Max Drawdown

FITHX:

-52.70%

FPADX:

-39.16%

Current Drawdown

FITHX:

-1.11%

FPADX:

-11.21%

Returns By Period

In the year-to-date period, FITHX achieves a 4.96% return, which is significantly lower than FPADX's 9.75% return. Over the past 10 years, FITHX has outperformed FPADX with an annualized return of 7.78%, while FPADX has yielded a comparatively lower 3.37% annualized return.


FITHX

YTD

4.96%

1M

6.73%

6M

3.18%

1Y

8.57%

3Y*

9.33%

5Y*

10.67%

10Y*

7.78%

FPADX

YTD

9.75%

1M

8.20%

6M

8.27%

1Y

8.97%

3Y*

6.46%

5Y*

7.48%

10Y*

3.37%

*Annualized

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FITHX vs. FPADX - Expense Ratio Comparison

FITHX has a 0.71% expense ratio, which is higher than FPADX's 0.08% expense ratio.


Risk-Adjusted Performance

FITHX vs. FPADX — Risk-Adjusted Performance Rank

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

FITHX
The Risk-Adjusted Performance Rank of FITHX is 7272
Overall Rank
The Sharpe Ratio Rank of FITHX is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of FITHX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of FITHX is 6868
Omega Ratio Rank
The Calmar Ratio Rank of FITHX is 7878
Calmar Ratio Rank
The Martin Ratio Rank of FITHX is 7878
Martin Ratio Rank

FPADX
The Risk-Adjusted Performance Rank of FPADX is 5353
Overall Rank
The Sharpe Ratio Rank of FPADX is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of FPADX is 5555
Sortino Ratio Rank
The Omega Ratio Rank of FPADX is 5151
Omega Ratio Rank
The Calmar Ratio Rank of FPADX is 5050
Calmar Ratio Rank
The Martin Ratio Rank of FPADX is 5050
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FITHX vs. FPADX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2035 Fund Class I (FITHX) and Fidelity Emerging Markets Index Fund (FPADX). 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.


The current FITHX Sharpe Ratio is 0.68, which is higher than the FPADX Sharpe Ratio of 0.52. The chart below compares the historical Sharpe Ratios of FITHX and FPADX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FITHX vs. FPADX - Dividend Comparison

FITHX's dividend yield for the trailing twelve months is around 0.40%, less than FPADX's 2.46% yield.


TTM20242023202220212020201920182017201620152014
FITHX
Fidelity Advisor Freedom 2035 Fund Class I
0.40%0.36%1.48%2.18%2.13%0.92%1.37%2.00%1.17%1.44%4.13%8.99%
FPADX
Fidelity Emerging Markets Index Fund
2.46%2.70%2.68%2.47%2.14%1.50%2.59%2.20%1.76%1.69%2.47%2.03%

Drawdowns

FITHX vs. FPADX - Drawdown Comparison

The maximum FITHX drawdown since its inception was -52.70%, which is greater than FPADX's maximum drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for FITHX and FPADX. For additional features, visit the drawdowns tool.


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Volatility

FITHX vs. FPADX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom 2035 Fund Class I (FITHX) is 2.47%, while Fidelity Emerging Markets Index Fund (FPADX) has a volatility of 3.54%. This indicates that FITHX experiences smaller price fluctuations and is considered to be less risky than FPADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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