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FIWTX vs. FFWTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FIWTX and FFWTX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

FIWTX vs. FFWTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2020 Fund Institutional Premium Class (FIWTX) and Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FIWTX:

0.67

FFWTX:

0.98

Sortino Ratio

FIWTX:

1.09

FFWTX:

1.55

Omega Ratio

FIWTX:

1.15

FFWTX:

1.20

Calmar Ratio

FIWTX:

0.76

FFWTX:

0.80

Martin Ratio

FIWTX:

2.60

FFWTX:

4.13

Ulcer Index

FIWTX:

2.40%

FFWTX:

1.43%

Daily Std Dev

FIWTX:

8.40%

FFWTX:

5.46%

Max Drawdown

FIWTX:

-27.78%

FFWTX:

-22.03%

Current Drawdown

FIWTX:

-1.35%

FFWTX:

-1.33%

Returns By Period

In the year-to-date period, FIWTX achieves a 3.30% return, which is significantly higher than FFWTX's 2.67% return.


FIWTX

YTD

3.30%

1M

4.42%

6M

1.47%

1Y

5.57%

5Y*

5.32%

10Y*

N/A

FFWTX

YTD

2.67%

1M

2.43%

6M

1.83%

1Y

5.31%

5Y*

3.04%

10Y*

N/A

*Annualized

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FIWTX vs. FFWTX - Expense Ratio Comparison

Both FIWTX and FFWTX have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Risk-Adjusted Performance

FIWTX vs. FFWTX — Risk-Adjusted Performance Rank

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

FIWTX
The Risk-Adjusted Performance Rank of FIWTX is 6767
Overall Rank
The Sharpe Ratio Rank of FIWTX is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of FIWTX is 6464
Sortino Ratio Rank
The Omega Ratio Rank of FIWTX is 6363
Omega Ratio Rank
The Calmar Ratio Rank of FIWTX is 7575
Calmar Ratio Rank
The Martin Ratio Rank of FIWTX is 6565
Martin Ratio Rank

FFWTX
The Risk-Adjusted Performance Rank of FFWTX is 8181
Overall Rank
The Sharpe Ratio Rank of FFWTX is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of FFWTX is 8282
Sortino Ratio Rank
The Omega Ratio Rank of FFWTX is 8181
Omega Ratio Rank
The Calmar Ratio Rank of FFWTX is 7777
Calmar Ratio Rank
The Martin Ratio Rank of FFWTX is 8181
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.

FIWTX vs. FFWTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2020 Fund Institutional Premium Class (FIWTX) and Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX). 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 FIWTX Sharpe Ratio is 0.67, which is lower than the FFWTX Sharpe Ratio of 0.98. The chart below compares the historical Sharpe Ratios of FIWTX and FFWTX, 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

FIWTX vs. FFWTX - Dividend Comparison

FIWTX's dividend yield for the trailing twelve months is around 4.92%, more than FFWTX's 3.17% yield.


TTM2024202320222021202020192018201720162015
FIWTX
Fidelity Freedom Index 2020 Fund Institutional Premium Class
4.92%5.88%2.47%3.00%2.77%2.57%17.46%2.56%1.89%1.90%1.79%
FFWTX
Fidelity Freedom Index 2010 Fund Institutional Premium Class
3.17%3.24%2.74%2.84%1.58%1.36%2.11%2.29%1.69%1.73%1.62%

Drawdowns

FIWTX vs. FFWTX - Drawdown Comparison

The maximum FIWTX drawdown since its inception was -27.78%, which is greater than FFWTX's maximum drawdown of -22.03%. Use the drawdown chart below to compare losses from any high point for FIWTX and FFWTX. For additional features, visit the drawdowns tool.


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Volatility

FIWTX vs. FFWTX - Volatility Comparison

Fidelity Freedom Index 2020 Fund Institutional Premium Class (FIWTX) has a higher volatility of 2.23% compared to Fidelity Freedom Index 2010 Fund Institutional Premium Class (FFWTX) at 1.52%. This indicates that FIWTX's price experiences larger fluctuations and is considered to be riskier than FFWTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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