FNSDX vs. SPY
Compare and contrast key facts about Fidelity Freedom 2055 Fund Class K (FNSDX) and SPDR S&P 500 ETF (SPY).
FNSDX is managed by Fidelity. It was launched on Jul 20, 2017. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNSDX or SPY.
Correlation
The correlation between FNSDX and SPY is 0.92, 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.
Performance
FNSDX vs. SPY - Performance Comparison
Key characteristics
FNSDX:
1.23
SPY:
1.70
FNSDX:
1.73
SPY:
2.29
FNSDX:
1.22
SPY:
1.31
FNSDX:
1.11
SPY:
2.58
FNSDX:
6.58
SPY:
10.64
FNSDX:
2.20%
SPY:
2.03%
FNSDX:
11.70%
SPY:
12.65%
FNSDX:
-35.11%
SPY:
-55.19%
FNSDX:
-2.44%
SPY:
-2.56%
Returns By Period
In the year-to-date period, FNSDX achieves a 3.54% return, which is significantly higher than SPY's 1.90% return.
FNSDX
3.54%
-0.85%
2.92%
12.39%
6.24%
N/A
SPY
1.90%
-1.77%
7.18%
19.10%
15.71%
12.98%
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FNSDX vs. SPY - Expense Ratio Comparison
FNSDX has a 0.65% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FNSDX vs. SPY — Risk-Adjusted Performance Rank
FNSDX
SPY
FNSDX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2055 Fund Class K (FNSDX) and SPDR S&P 500 ETF (SPY). 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
FNSDX vs. SPY - Dividend Comparison
FNSDX's dividend yield for the trailing twelve months is around 1.44%, more than SPY's 1.18% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FNSDX Fidelity Freedom 2055 Fund Class K | 1.44% | 1.49% | 1.41% | 2.16% | 2.31% | 1.07% | 1.54% | 1.69% | 1.25% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FNSDX vs. SPY - Drawdown Comparison
The maximum FNSDX drawdown since its inception was -35.11%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FNSDX and SPY. For additional features, visit the drawdowns tool.
Volatility
FNSDX vs. SPY - Volatility Comparison
Fidelity Freedom 2055 Fund Class K (FNSDX) and SPDR S&P 500 ETF (SPY) have volatilities of 3.34% and 3.34%, 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.
User Portfolios with FNSDX or SPY
Recent discussions
Discrepancy between SPY and ^GSPC?
Hello, from the charts, SPY seems to be outperforming its benchmark ^GSPC. That looks strange. From my understanding, SPY is designed to closely track the S&P 500.
Could there be an error in the charts?
Hedge Cat
Rebalance
Log
How often do you rebase the trends portfolio?
Hedge Cat