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

Correlation

The correlation between FIWTX and FXAIX is 0.90, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

FIWTX vs. FXAIX - 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 500 Index Fund (FXAIX). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%250.00%NovemberDecember2025FebruaryMarchApril
37.65%
207.70%
FIWTX
FXAIX

Key characteristics

Sharpe Ratio

FIWTX:

0.61

FXAIX:

0.53

Sortino Ratio

FIWTX:

0.91

FXAIX:

0.87

Omega Ratio

FIWTX:

1.12

FXAIX:

1.13

Calmar Ratio

FIWTX:

0.64

FXAIX:

0.55

Martin Ratio

FIWTX:

2.28

FXAIX:

2.29

Ulcer Index

FIWTX:

2.32%

FXAIX:

4.55%

Daily Std Dev

FIWTX:

8.62%

FXAIX:

19.55%

Max Drawdown

FIWTX:

-27.78%

FXAIX:

-33.79%

Current Drawdown

FIWTX:

-3.35%

FXAIX:

-9.89%

Returns By Period

In the year-to-date period, FIWTX achieves a 1.20% return, which is significantly higher than FXAIX's -5.72% return.


FIWTX

YTD

1.20%

1M

-0.44%

6M

-1.13%

1Y

5.75%

5Y*

4.90%

10Y*

N/A

FXAIX

YTD

-5.72%

1M

-3.22%

6M

-4.27%

1Y

10.89%

5Y*

16.06%

10Y*

11.90%

*Annualized

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FIWTX vs. FXAIX - Expense Ratio Comparison

FIWTX has a 0.08% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Expense ratio chart for FIWTX: current value is 0.08%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FIWTX: 0.08%
Expense ratio chart for FXAIX: current value is 0.02%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FXAIX: 0.02%

Risk-Adjusted Performance

FIWTX vs. FXAIX — 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 6464
Overall Rank
The Sharpe Ratio Rank of FIWTX is 6363
Sharpe Ratio Rank
The Sortino Ratio Rank of FIWTX is 6161
Sortino Ratio Rank
The Omega Ratio Rank of FIWTX is 5959
Omega Ratio Rank
The Calmar Ratio Rank of FIWTX is 7474
Calmar Ratio Rank
The Martin Ratio Rank of FIWTX is 6262
Martin Ratio Rank

FXAIX
The Risk-Adjusted Performance Rank of FXAIX is 6161
Overall Rank
The Sharpe Ratio Rank of FXAIX is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of FXAIX is 5858
Sortino Ratio Rank
The Omega Ratio Rank of FXAIX is 6161
Omega Ratio Rank
The Calmar Ratio Rank of FXAIX is 6868
Calmar Ratio Rank
The Martin Ratio Rank of FXAIX is 6262
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. FXAIX - 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 500 Index Fund (FXAIX). 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 chart of Sharpe ratio for FIWTX, currently valued at 0.61, compared to the broader market-1.000.001.002.003.00
FIWTX: 0.61
FXAIX: 0.53
The chart of Sortino ratio for FIWTX, currently valued at 0.91, compared to the broader market-2.000.002.004.006.008.00
FIWTX: 0.91
FXAIX: 0.87
The chart of Omega ratio for FIWTX, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.00
FIWTX: 1.12
FXAIX: 1.13
The chart of Calmar ratio for FIWTX, currently valued at 0.64, compared to the broader market0.002.004.006.008.0010.00
FIWTX: 0.64
FXAIX: 0.55
The chart of Martin ratio for FIWTX, currently valued at 2.27, compared to the broader market0.0010.0020.0030.0040.0050.00
FIWTX: 2.28
FXAIX: 2.29

The current FIWTX Sharpe Ratio is 0.61, which is comparable to the FXAIX Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of FIWTX and FXAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.61
0.53
FIWTX
FXAIX

Dividends

FIWTX vs. FXAIX - Dividend Comparison

FIWTX's dividend yield for the trailing twelve months is around 5.81%, more than FXAIX's 1.35% yield.


TTM20242023202220212020201920182017201620152014
FIWTX
Fidelity Freedom Index 2020 Fund Institutional Premium Class
5.81%5.88%2.47%3.00%2.77%2.57%17.46%2.56%1.89%1.90%1.79%0.00%
FXAIX
Fidelity 500 Index Fund
1.35%1.25%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%

Drawdowns

FIWTX vs. FXAIX - Drawdown Comparison

The maximum FIWTX drawdown since its inception was -27.78%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FIWTX and FXAIX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-3.35%
-9.89%
FIWTX
FXAIX

Volatility

FIWTX vs. FXAIX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2020 Fund Institutional Premium Class (FIWTX) is 5.49%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 14.39%. This indicates that FIWTX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
5.49%
14.39%
FIWTX
FXAIX