FNGLX vs. COST
FNGLX (Fidelity Advisor Freedom 2060 Fund Class Z6) is Target Retirement Date fund managed by Fidelity, while COST (Costco Wholesale Corporation) is a stock. Over the past 5 years, FNGLX returned 9.58%/yr vs 18.51%/yr for COST. Their 0.42 correlation means their historical movements had little consistent relationship.
Performance
FNGLX vs. COST - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with FNGLX having a 10.83% return and COST slightly higher at 10.87%.
FNGLX
- 1D
- 2.33%
- 1M
- -1.16%
- 6M
- 7.04%
- YTD
- 10.83%
- 1Y
- 22.11%
- 3Y*
- 17.37%
- 5Y*
- 9.58%
- 10Y*
- —
- ALL TIME*
- 11.25%
COST
- 1D
- -0.24%
- 1M
- 0.18%
- 6M
- 1.55%
- YTD
- 10.87%
- 1Y
- 0.52%
- 3Y*
- 21.34%
- 5Y*
- 18.51%
- 10Y*
- 21.10%
- ALL TIME*
- 16.98%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.83B | $2.11B | $2.34B | |
| $0.00 | $0.00 | $0.00 |
FNGLX vs. COST - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNGLX Fidelity Advisor Freedom 2060 Fund Class Z6 | 10.83% | 23.45% | 13.95% | 19.61% | -17.95% | 16.30% | 17.81% | 26.88% | -7.97% | 8.02% |
COST Costco Wholesale Corporation | 10.87% | -5.39% | 39.62% | 49.00% | -19.05% | 51.82% | 32.67% | 45.70% | 10.60% | 3.08% |
Correlation
The correlation between FNGLX and COST is -0.14, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.14 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.38 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2017 | 0.42 |
The correlation between FNGLX and COST shifts across timeframes, from -0.14 (1 year) to 0.42 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FNGLX vs. COST — Risk / Return Rank
FNGLX
COST
FNGLX vs. COST - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2060 Fund Class Z6 (FNGLX) and Costco Wholesale Corporation (COST). 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.
| FNGLX | COST | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.32 | ||
| Sortino ratioReturn per unit of downside risk | +1.74 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.03 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.08 | 0.12 | +1.96 |
| Martin ratioReturn relative to average drawdown | 8.64 | 0.26 | +8.38 |
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Drawdowns
FNGLX vs. COST - Drawdown Comparison
The maximum FNGLX drawdown since its inception was -31.22%, smaller than the maximum COST drawdown of -53.39%. Use the drawdown chart below to compare losses from any high point for FNGLX and COST.
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Drawdown Indicators
| FNGLX | COST | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.22% | -53.39% | +22.17% |
Max Drawdown (1Y)Largest decline over 1 year | -9.90% | -16.57% | +6.67% |
Max Drawdown (3Y)Largest decline over 3 years | -15.06% | -20.74% | +5.68% |
Max Drawdown (5Y)Largest decline over 5 years | -27.15% | -31.40% | +4.25% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.40% | — |
Current DrawdownCurrent decline from peak | -2.45% | -12.88% | +10.43% |
Average DrawdownAverage peak-to-trough decline | -5.40% | -13.36% | +7.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 7.81% | -5.43% |
Volatility
FNGLX vs. COST - Volatility Comparison
The current volatility for Fidelity Advisor Freedom 2060 Fund Class Z6 (FNGLX) is 4.52%, while Costco Wholesale Corporation (COST) has a volatility of 7.34%. This indicates that FNGLX experiences smaller price fluctuations and is considered to be less risky than COST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FNGLX | COST | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.52% | 7.34% | -2.82% |
Volatility (6M)Calculated over the trailing 6-month period | 12.48% | 15.13% | -2.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.45% | 19.96% | -5.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.25% | 22.93% | -7.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.11% | 22.03% | -5.92% |
Dividends
FNGLX vs. COST - Dividend Comparison
FNGLX's dividend yield for the trailing twelve months is around 6.17%, more than COST's 0.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
COST Costco Wholesale Corporation | 0.58% | 0.59% | 0.49% | 2.87% | 0.76% | 0.54% | 3.38% | 0.86% | 1.08% | 4.81% | 1.09% | 4.06% |
FNGLX Fidelity Advisor Freedom 2060 Fund Class Z6 | 6.17% | 4.94% | 2.04% | 2.36% | 10.48% | 8.88% | 4.70% | 6.51% | 8.88% | 1.06% | 0.00% | 0.00% |
Frequently Asked Questions
FNGLX and COST have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
COST has higher volatility (7.34%) compared to FNGLX (4.52%). In terms of maximum drawdown, FNGLX dropped -31.22% vs COST's -53.39%.
FNGLX currently has the higher Sharpe Ratio (1.43 vs 0.10), 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.
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