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:
1.45
SPY:
2.29
FNSDX:
2.02
SPY:
3.04
FNSDX:
1.26
SPY:
1.43
FNSDX:
0.96
SPY:
3.40
FNSDX:
8.67
SPY:
15.01
FNSDX:
1.92%
SPY:
1.90%
FNSDX:
11.45%
SPY:
12.46%
FNSDX:
-35.11%
SPY:
-55.19%
FNSDX:
-2.96%
SPY:
-0.74%
Returns By Period
In the year-to-date period, FNSDX achieves a 15.84% return, which is significantly lower than SPY's 28.13% return.
FNSDX
15.84%
-0.61%
4.87%
16.64%
4.64%
N/A
SPY
28.13%
1.31%
11.08%
28.58%
15.00%
13.16%
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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 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 1.21%, more than SPY's 1.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNSDX Fidelity Freedom 2055 Fund Class K | 1.21% | 1.41% | 2.16% | 2.31% | 1.07% | 1.54% | 1.69% | 1.25% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
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
The current volatility for Fidelity Freedom 2055 Fund Class K (FNSDX) is 3.38%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.97%. This indicates that FNSDX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.