PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FNSBX vs. FIPFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FNSBX vs. FIPFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2050 Fund Class K (FNSBX) and Fidelity Freedom Index 2050 Fund Investor Class (FIPFX). The values are adjusted to include any dividend payments, if applicable.

20.00%30.00%40.00%50.00%60.00%70.00%JuneJulyAugustSeptemberOctoberNovember
34.49%
65.81%
FNSBX
FIPFX

Returns By Period

The year-to-date returns for both stocks are quite close, with FNSBX having a 14.74% return and FIPFX slightly lower at 14.43%.


FNSBX

YTD

14.74%

1M

-2.44%

6M

4.55%

1Y

22.26%

5Y (annualized)

4.97%

10Y (annualized)

N/A

FIPFX

YTD

14.43%

1M

-2.03%

6M

5.52%

1Y

21.93%

5Y (annualized)

6.45%

10Y (annualized)

7.12%

Key characteristics


FNSBXFIPFX
Sharpe Ratio2.022.12
Sortino Ratio2.822.93
Omega Ratio1.361.38
Calmar Ratio1.062.38
Martin Ratio12.8113.55
Ulcer Index1.79%1.65%
Daily Std Dev11.35%10.58%
Max Drawdown-35.44%-37.17%
Current Drawdown-3.60%-2.53%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FNSBX vs. FIPFX - Expense Ratio Comparison

FNSBX has a 0.65% expense ratio, which is higher than FIPFX's 0.12% expense ratio.


FNSBX
Fidelity Freedom 2050 Fund Class K
Expense ratio chart for FNSBX: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for FIPFX: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%

Correlation

-0.50.00.51.01.0

The correlation between FNSBX and FIPFX is 0.98, 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.

Risk-Adjusted Performance

FNSBX vs. FIPFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2050 Fund Class K (FNSBX) and Fidelity Freedom Index 2050 Fund Investor Class (FIPFX). 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.


Sharpe ratio
The chart of Sharpe ratio for FNSBX, currently valued at 2.02, compared to the broader market0.002.004.002.022.12
The chart of Sortino ratio for FNSBX, currently valued at 2.82, compared to the broader market0.005.0010.002.822.93
The chart of Omega ratio for FNSBX, currently valued at 1.36, compared to the broader market1.002.003.004.001.361.38
The chart of Calmar ratio for FNSBX, currently valued at 1.06, compared to the broader market0.005.0010.0015.0020.0025.001.062.38
The chart of Martin ratio for FNSBX, currently valued at 12.81, compared to the broader market0.0020.0040.0060.0080.00100.0012.8113.55
FNSBX
FIPFX

The current FNSBX Sharpe Ratio is 2.02, which is comparable to the FIPFX Sharpe Ratio of 2.12. The chart below compares the historical Sharpe Ratios of FNSBX and FIPFX, 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 Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.02
2.12
FNSBX
FIPFX

Dividends

FNSBX vs. FIPFX - Dividend Comparison

FNSBX's dividend yield for the trailing twelve months is around 1.23%, less than FIPFX's 1.72% yield.


TTM20232022202120202019201820172016201520142013
FNSBX
Fidelity Freedom 2050 Fund Class K
1.23%1.41%2.17%2.32%1.10%1.56%1.74%1.27%0.00%0.00%0.00%0.00%
FIPFX
Fidelity Freedom Index 2050 Fund Investor Class
1.72%1.94%1.96%1.52%1.39%1.77%2.19%1.72%2.04%2.00%3.26%0.10%

Drawdowns

FNSBX vs. FIPFX - Drawdown Comparison

The maximum FNSBX drawdown since its inception was -35.44%, roughly equal to the maximum FIPFX drawdown of -37.17%. Use the drawdown chart below to compare losses from any high point for FNSBX and FIPFX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.60%
-2.53%
FNSBX
FIPFX

Volatility

FNSBX vs. FIPFX - Volatility Comparison

Fidelity Freedom 2050 Fund Class K (FNSBX) has a higher volatility of 3.21% compared to Fidelity Freedom Index 2050 Fund Investor Class (FIPFX) at 2.98%. This indicates that FNSBX's price experiences larger fluctuations and is considered to be riskier than FIPFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.21%
2.98%
FNSBX
FIPFX