FNGLX vs. FISNX

Last updated Aug 1, 2026

FNGLX (Fidelity Advisor Freedom 2060 Fund Class Z6) and FISNX (Fidelity Flex Freedom Blend 2010 Fund) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FNGLX returned 9.58%/yr vs 3.54%/yr for FISNX. Their correlation of 0.88 means they have usually moved in the same direction. FNGLX charges 0.50%/yr vs 0.00%/yr for FISNX.

Performance

FNGLX vs. FISNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2060 Fund Class Z6 (FNGLX) and Fidelity Flex Freedom Blend 2010 Fund (FISNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FNGLX achieves a 10.83% return, which is significantly higher than FISNX's 4.54% return.

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%

FISNX

• 1D: 0.75%
• 1M: -0.65%
• 6M: 2.95%
• YTD: 4.54%
• 1Y: 9.25%
• 3Y*: 8.34%
• 5Y*: 3.54%
• 10Y*: —
• ALL TIME*: 5.39%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FISNX Fidelity Flex Freedom Blend 2010 Fund	$0.00	$0.00	$0.00
FNGLX Fidelity Advisor Freedom 2060 Fund Class Z6	$0.00	$0.00	$0.00

FNGLX vs. FISNX - 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%
FISNX Fidelity Flex Freedom Blend 2010 Fund	4.54%	11.53%	5.63%	10.21%	-13.01%	5.62%	10.81%	14.65%	-3.42%	5.51%

Correlation

The correlation between FNGLX and FISNX is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (All Time) Calculated using the full available price history since Jun 15, 2017	0.88

The correlation between FNGLX and FISNX has been stable across timeframes, ranging from 0.84 to 0.91 - a consistent structural relationship.

Return for Risk

FNGLX vs. FISNX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FNGLX

FNGLX Risk / Return Rank: 59
FNGLX Sharpe Ratio Rank: 56
FNGLX Sortino Ratio Rank: 54
FNGLX Omega Ratio Rank: 55
FNGLX Calmar Ratio Rank: 61
FNGLX Martin Ratio Rank: 70

FISNX

FISNX Risk / Return Rank: 73
FISNX Sharpe Ratio Rank: 70
FISNX Sortino Ratio Rank: 70
FISNX Omega Ratio Rank: 73
FISNX Calmar Ratio Rank: 73
FISNX Martin Ratio Rank: 79

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FNGLX vs. FISNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2060 Fund Class Z6 (FNGLX) and Fidelity Flex Freedom Blend 2010 Fund (FISNX). 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	FISNX	Difference
Sharpe ratio: Return per unit of total volatility	1.43	1.67	-0.25
Sortino ratio: Return per unit of downside risk	2.02	2.39	-0.37
Omega ratio: Gain probability vs. loss probability	1.26	1.32	-0.06
Calmar ratio: Return relative to maximum drawdown	2.08	2.42	-0.33
Martin ratio: Return relative to average drawdown	8.64	9.70	-1.06

FNGLX vs. FISNX - Sharpe Ratio Comparison

The current FNGLX Sharpe Ratio is 1.43, which is comparable to the FISNX Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of FNGLX and FISNX, 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

FNGLX vs. FISNX - Drawdown Comparison

The maximum FNGLX drawdown since its inception was -31.22%, which is greater than FISNX's maximum drawdown of -18.11%. Use the drawdown chart below to compare losses from any high point for FNGLX and FISNX.

Drawdown Indicators

	FNGLX	FISNX	Difference
Max Drawdown Largest peak-to-trough decline	-31.22%	-18.11%	-13.11%
Max Drawdown (1Y) Largest decline over 1 year	-9.90%	-3.91%	-5.99%
Max Drawdown (3Y) Largest decline over 3 years	-15.06%	-4.67%	-10.39%
Max Drawdown (5Y) Largest decline over 5 years	-27.15%	-18.11%	-9.04%
Current Drawdown Current decline from peak	-2.45%	-1.19%	-1.26%
Average Drawdown Average peak-to-trough decline	-5.40%	-3.41%	-1.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.38%	0.97%	+1.41%

Volatility

FNGLX vs. FISNX - Volatility Comparison

Fidelity Advisor Freedom 2060 Fund Class Z6 (FNGLX) has a higher volatility of 4.52% compared to Fidelity Flex Freedom Blend 2010 Fund (FISNX) at 1.73%. This indicates that FNGLX's price experiences larger fluctuations and is considered to be riskier than FISNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FNGLX	FISNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.52%	1.73%	+2.79%
Volatility (6M) Calculated over the trailing 6-month period	12.48%	4.95%	+7.53%
Volatility (1Y) Calculated over the trailing 1-year period	14.45%	5.65%	+8.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.25%	6.54%	+8.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.11%	6.44%	+9.67%

FNGLX vs. FISNX - Expense Ratio Comparison

FNGLX has a 0.50% expense ratio, which is higher than FISNX's 0.00% expense ratio.

Dividends

FNGLX vs. FISNX - Dividend Comparison

FNGLX's dividend yield for the trailing twelve months is around 6.17%, more than FISNX's 4.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FISNX Fidelity Flex Freedom Blend 2010 Fund	4.05%	3.68%	4.39%	3.17%	5.92%	6.53%	3.63%	5.29%	5.20%	2.34%
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%

Frequently Asked Questions

Can I hold both FNGLX and FISNX in my portfolio?

With a correlation of 0.91, FNGLX and FISNX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FNGLX or FISNX?

FNGLX has higher volatility (4.52%) compared to FISNX (1.73%). In terms of maximum drawdown, FNGLX dropped -31.22% vs FISNX's -18.11%.

Which has better risk-adjusted returns?

FISNX currently has the higher Sharpe Ratio (1.67 vs 1.43), 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.