FITWX vs. IRSQX

Last updated Jun 23, 2026

FITWX (Fidelity Advisor Freedom 2025 Fund Class I) and IRSQX (Voya Target Retirement 2050 Fund) are both Target Retirement Date funds. Over the past 10 years, FITWX returned 8.22%/yr vs 11.98%/yr for IRSQX. Their correlation of 0.94 suggests significant overlap in exposure. FITWX charges 0.62%/yr vs 0.22%/yr for IRSQX.

Performance

FITWX vs. IRSQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2025 Fund Class I (FITWX) and Voya Target Retirement 2050 Fund (IRSQX). 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 IRSQX's 12.38% return. Over the past 10 years, FITWX has underperformed IRSQX with an annualized return of 8.22%, while IRSQX has yielded a comparatively higher 11.98% 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%

IRSQX

• 1D: 1.15%
• 1M: 1.74%
• YTD: 12.38%
• 6M: 12.18%
• 1Y: 28.93%
• 3Y*: 18.76%
• 5Y*: 10.65%
• 10Y*: 11.98%

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

FITWX vs. IRSQX - 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%
IRSQX Voya Target Retirement 2050 Fund	12.38%	20.71%	15.32%	20.47%	-18.75%	18.82%	17.28%	25.25%	-9.37%	20.99%

Correlation

The correlation between FITWX and IRSQX is 0.86, 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	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Dec 24, 2012	0.94

The correlation between FITWX and IRSQX has been stable across timeframes, ranging from 0.86 to 0.94 - a consistent structural relationship.

Return for Risk

FITWX vs. IRSQX — 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

IRSQX

IRSQX Risk / Return Rank: 80
IRSQX Sharpe Ratio Rank: 80
IRSQX Sortino Ratio Rank: 78
IRSQX Omega Ratio Rank: 75
IRSQX Calmar Ratio Rank: 77
IRSQX Martin Ratio Rank: 88

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. IRSQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2025 Fund Class I (FITWX) and Voya Target Retirement 2050 Fund (IRSQX). 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	IRSQX	Difference
Sharpe ratio: Return per unit of total volatility	2.11	2.42	-0.31
Sortino ratio: Return per unit of downside risk	2.99	3.43	-0.43
Omega ratio: Gain probability vs. loss probability	1.41	1.45	-0.04
Calmar ratio: Return relative to maximum drawdown	2.80	3.32	-0.52
Martin ratio: Return relative to average drawdown	11.84	15.53	-3.68

FITWX vs. IRSQX - Sharpe Ratio Comparison

The current FITWX Sharpe Ratio is 2.11, which is comparable to the IRSQX Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of FITWX and IRSQX, 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. IRSQX - Drawdown Comparison

The maximum FITWX drawdown since its inception was -49.25%, which is greater than IRSQX's maximum drawdown of -33.06%. Use the drawdown chart below to compare losses from any high point for FITWX and IRSQX.

Drawdown Indicators

	FITWX	IRSQX	Difference
Max Drawdown Largest peak-to-trough decline	-49.25%	-33.06%	-16.19%
Max Drawdown (1Y) Largest decline over 1 year	-6.46%	-9.42%	+2.96%
Max Drawdown (3Y) Largest decline over 3 years	-8.67%	-15.91%	+7.24%
Max Drawdown (5Y) Largest decline over 5 years	-23.68%	-26.14%	+2.46%
Max Drawdown (10Y) Largest decline over 10 years	-23.68%	-33.06%	+9.38%
Current Drawdown Current decline from peak	0.00%	-0.57%	+0.57%
Average Drawdown Average peak-to-trough decline	-5.68%	-4.48%	-1.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.52%	1.94%	-0.42%

Volatility

FITWX vs. IRSQX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom 2025 Fund Class I (FITWX) is 3.62%, while Voya Target Retirement 2050 Fund (IRSQX) has a volatility of 4.99%. This indicates that FITWX experiences smaller price fluctuations and is considered to be less risky than IRSQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FITWX	IRSQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.62%	4.99%	-1.37%
Volatility (6M) Calculated over the trailing 6-month period	7.36%	10.58%	-3.22%
Volatility (1Y) Calculated over the trailing 1-year period	8.58%	12.91%	-4.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.99%	15.41%	-5.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.17%	16.19%	-6.02%

FITWX vs. IRSQX - Expense Ratio Comparison

FITWX has a 0.62% expense ratio, which is higher than IRSQX's 0.22% expense ratio.

Dividends

FITWX vs. IRSQX - Dividend Comparison

FITWX's dividend yield for the trailing twelve months is around 7.63%, less than IRSQX's 14.18% 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%
IRSQX Voya Target Retirement 2050 Fund	14.18%	15.94%	1.93%	1.89%	6.50%	20.41%	2.18%	4.80%	7.33%	6.29%	1.94%	0.44%

Frequently Asked Questions

Can I hold both FITWX and IRSQX in my portfolio?

FITWX and IRSQX have a correlation of 0.86, 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 IRSQX?

IRSQX has higher volatility (4.99%) compared to FITWX (3.62%). In terms of maximum drawdown, FITWX dropped -49.25% vs IRSQX's -33.06%.

Which has better risk-adjusted returns?

IRSQX currently has the higher Sharpe Ratio (2.42 vs 2.11), 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.