FNSBX vs. FSNZX
Compare and contrast key facts about Fidelity Freedom 2050 Fund Class K (FNSBX) and Fidelity Freedom 2045 Fund Class K (FSNZX).
FNSBX is managed by Fidelity. It was launched on Jul 20, 2017. FSNZX is managed by Fidelity. It was launched on Jul 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNSBX or FSNZX.
Performance
FNSBX vs. FSNZX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with FNSBX having a 16.63% return and FSNZX slightly lower at 16.50%.
FNSBX
16.63%
0.85%
6.35%
23.63%
5.35%
N/A
FSNZX
16.50%
0.79%
6.28%
23.46%
5.21%
N/A
Key characteristics
| FNSBX | FSNZX | |
|---|---|---|
| Sharpe Ratio | 2.08 | 2.06 |
| Sortino Ratio | 2.90 | 2.87 |
| Omega Ratio | 1.37 | 1.37 |
| Calmar Ratio | 1.14 | 1.12 |
| Martin Ratio | 13.04 | 12.94 |
| Ulcer Index | 1.81% | 1.81% |
| Daily Std Dev | 11.35% | 11.36% |
| Max Drawdown | -35.44% | -35.63% |
| Current Drawdown | -2.02% | -2.51% |
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FNSBX vs. FSNZX - Expense Ratio Comparison
Both FNSBX and FSNZX have an expense ratio of 0.65%.
Correlation
The correlation between FNSBX and FSNZX is 1.00, 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. FSNZX - 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 2045 Fund Class K (FSNZX). 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.
Dividends
FNSBX vs. FSNZX - Dividend Comparison
FNSBX's dividend yield for the trailing twelve months is around 1.21%, which matches FSNZX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FNSBX Fidelity Freedom 2050 Fund Class K | 1.21% | 1.41% | 2.17% | 2.32% | 1.10% | 1.56% | 1.74% | 1.27% |
FSNZX Fidelity Freedom 2045 Fund Class K | 1.21% | 1.41% | 2.17% | 2.32% | 1.10% | 1.55% | 1.76% | 1.26% |
Drawdowns
FNSBX vs. FSNZX - Drawdown Comparison
The maximum FNSBX drawdown since its inception was -35.44%, roughly equal to the maximum FSNZX drawdown of -35.63%. Use the drawdown chart below to compare losses from any high point for FNSBX and FSNZX. For additional features, visit the drawdowns tool.
Volatility
FNSBX vs. FSNZX - Volatility Comparison
Fidelity Freedom 2050 Fund Class K (FNSBX) and Fidelity Freedom 2045 Fund Class K (FSNZX) have volatilities of 3.13% and 3.11%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.