Correlation
The correlation between FNSDX and FDEWX is 0.93, 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.
FNSDX vs. FDEWX
Compare and contrast key facts about Fidelity Freedom 2055 Fund Class K (FNSDX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX).
FNSDX is managed by Fidelity. It was launched on Jul 20, 2017. FDEWX is managed by Fidelity. It was launched on Jun 1, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNSDX or FDEWX.
Performance
FNSDX vs. FDEWX - Performance Comparison
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Key characteristics
FNSDX:
0.74
FDEWX:
0.83
FNSDX:
1.01
FDEWX:
1.13
FNSDX:
1.14
FDEWX:
1.16
FNSDX:
0.69
FDEWX:
0.79
FNSDX:
2.97
FDEWX:
3.49
FNSDX:
3.61%
FDEWX:
3.33%
FNSDX:
16.60%
FDEWX:
15.77%
FNSDX:
-30.95%
FDEWX:
-30.69%
FNSDX:
-0.42%
FDEWX:
-0.35%
Returns By Period
In the year-to-date period, FNSDX achieves a 6.48% return, which is significantly higher than FDEWX's 5.47% return.
FNSDX
6.48%
5.35%
3.08%
11.52%
11.21%
12.65%
N/A
FDEWX
5.47%
4.69%
2.46%
12.22%
10.66%
11.43%
8.76%
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FNSDX vs. FDEWX - Expense Ratio Comparison
FNSDX has a 0.65% expense ratio, which is higher than FDEWX's 0.12% expense ratio.
Risk-Adjusted Performance
FNSDX vs. FDEWX — Risk-Adjusted Performance Rank
FNSDX
FDEWX
FNSDX vs. FDEWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2055 Fund Class K (FNSDX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX). 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.
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Dividends
FNSDX vs. FDEWX - Dividend Comparison
FNSDX's dividend yield for the trailing twelve months is around 4.20%, more than FDEWX's 1.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNSDX Fidelity Freedom 2055 Fund Class K | 4.20% | 2.13% | 2.07% | 11.45% | 11.27% | 4.26% | 6.31% | 6.79% | 2.72% | 0.00% | 0.00% | 0.00% |
FDEWX Fidelity Freedom Index 2055 Fund Investor Class | 1.92% | 1.98% | 1.92% | 2.00% | 1.89% | 1.87% | 10.83% | 2.39% | 1.93% | 2.42% | 2.31% | 1.89% |
Drawdowns
FNSDX vs. FDEWX - Drawdown Comparison
The maximum FNSDX drawdown since its inception was -30.95%, roughly equal to the maximum FDEWX drawdown of -30.69%. Use the drawdown chart below to compare losses from any high point for FNSDX and FDEWX.
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Volatility
FNSDX vs. FDEWX - Volatility Comparison
Fidelity Freedom 2055 Fund Class K (FNSDX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) have volatilities of 3.44% and 3.33%, 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.
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