FITWX vs. FSPSX

Last updated Jun 23, 2026

FITWX (Fidelity Advisor Freedom 2025 Fund Class I) and FSPSX (Fidelity International Index Fund) are both mutual funds - FITWX is a Target Retirement Date fund managed by Fidelity, while FSPSX is a Foreign Large Cap Equities fund tracking the MSCI EAFE Index. Over the past 10 years, FITWX returned 8.22%/yr vs 9.67%/yr for FSPSX. Their correlation of 0.87 suggests significant overlap in exposure. FITWX charges 0.62%/yr vs 0.04%/yr for FSPSX.

Performance

FITWX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2025 Fund Class I (FITWX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FITWX achieves a 8.00% return, which is significantly lower than FSPSX's 10.54% return. Over the past 10 years, FITWX has underperformed FSPSX with an annualized return of 8.22%, while FSPSX has yielded a comparatively higher 9.67% annualized return.

FITWX

• 1D: 0.97%
• 1M: 2.18%
• YTD: 8.00%
• 6M: 8.15%
• 1Y: 18.17%
• 3Y*: 12.43%
• 5Y*: 5.80%
• 10Y*: 8.22%

FSPSX

• 1D: 0.76%
• 1M: 1.93%
• YTD: 10.54%
• 6M: 11.05%
• 1Y: 25.44%
• 3Y*: 16.37%
• 5Y*: 9.50%
• 10Y*: 9.67%

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

FITWX vs. FSPSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FITWX Fidelity Advisor Freedom 2025 Fund Class I	8.00%	16.17%	7.91%	13.53%	-16.64%	9.85%	14.20%	20.29%	-5.46%	15.00%
FSPSX Fidelity International Index Fund	10.54%	31.98%	3.70%	18.31%	-14.23%	11.45%	8.16%	22.03%	-13.55%	25.37%

Correlation

The correlation between FITWX and FSPSX is 0.89, 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	0.89
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Sep 8, 2011	0.87

The correlation between FITWX and FSPSX has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.

Return for Risk

FITWX vs. FSPSX — Risk / Return Rank

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

FITWX

FITWX Risk / Return Rank: 62
FITWX Sharpe Ratio Rank: 61
FITWX Sortino Ratio Rank: 61
FITWX Omega Ratio Rank: 66
FITWX Calmar Ratio Rank: 58
FITWX Martin Ratio Rank: 64

FSPSX

FSPSX Risk / Return Rank: 36
FSPSX Sharpe Ratio Rank: 36
FSPSX Sortino Ratio Rank: 35
FSPSX Omega Ratio Rank: 35
FSPSX Calmar Ratio Rank: 36
FSPSX Martin Ratio Rank: 39

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.

FITWX vs. FSPSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2025 Fund Class I (FITWX) and Fidelity International Index Fund (FSPSX). 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.

	FITWX	FSPSX	Difference
Sharpe ratio: Return per unit of total volatility	2.11	1.61	+0.50
Sortino ratio: Return per unit of downside risk	2.99	2.28	+0.71
Omega ratio: Gain probability vs. loss probability	1.41	1.29	+0.12
Calmar ratio: Return relative to maximum drawdown	2.80	2.15	+0.65
Martin ratio: Return relative to average drawdown	11.84	8.05	+3.79

FITWX vs. FSPSX - Sharpe Ratio Comparison

The current FITWX Sharpe Ratio is 2.11, which is higher than the FSPSX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of FITWX and FSPSX, 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

FITWX vs. FSPSX - Drawdown Comparison

The maximum FITWX drawdown since its inception was -49.25%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FITWX and FSPSX.

Drawdown Indicators

	FITWX	FSPSX	Difference
Max Drawdown Largest peak-to-trough decline	-49.25%	-33.69%	-15.56%
Max Drawdown (1Y) Largest decline over 1 year	-6.46%	-11.39%	+4.93%
Max Drawdown (3Y) Largest decline over 3 years	-8.67%	-13.58%	+4.91%
Max Drawdown (5Y) Largest decline over 5 years	-23.68%	-29.41%	+5.73%
Max Drawdown (10Y) Largest decline over 10 years	-23.68%	-33.69%	+10.01%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.68%	-6.53%	+0.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.52%	3.04%	-1.52%

Volatility

FITWX vs. FSPSX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom 2025 Fund Class I (FITWX) is 3.62%, while Fidelity International Index Fund (FSPSX) has a volatility of 4.93%. This indicates that FITWX experiences smaller price fluctuations and is considered to be less risky than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FITWX	FSPSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.62%	4.93%	-1.31%
Volatility (6M) Calculated over the trailing 6-month period	7.36%	12.71%	-5.35%
Volatility (1Y) Calculated over the trailing 1-year period	8.58%	15.26%	-6.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.99%	16.07%	-6.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.17%	16.56%	-6.39%

FITWX vs. FSPSX - Expense Ratio Comparison

FITWX has a 0.62% expense ratio, which is higher than FSPSX's 0.04% expense ratio.

Dividends

FITWX vs. FSPSX - Dividend Comparison

FITWX's dividend yield for the trailing twelve months is around 7.63%, more than FSPSX's 2.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FITWX Fidelity Advisor Freedom 2025 Fund Class I	7.63%	7.67%	2.64%	2.01%	9.01%	9.32%	6.30%	6.62%	9.78%	4.11%	4.64%	5.26%
FSPSX Fidelity International Index Fund	2.85%	3.15%	3.27%	2.79%	2.66%	3.07%	1.84%	3.18%	2.79%	2.50%	3.08%	2.79%

Frequently Asked Questions

Can I hold both FITWX and FSPSX in my portfolio?

FITWX and FSPSX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FITWX or FSPSX?

FSPSX has higher volatility (4.93%) compared to FITWX (3.62%). In terms of maximum drawdown, FITWX dropped -49.25% vs FSPSX's -33.69%.

Which has better risk-adjusted returns?

FITWX currently has the higher Sharpe Ratio (2.11 vs 1.61), 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.