FNSFX vs. FFOLX
Compare and contrast key facts about Fidelity Freedom 2060 Fund Class K (FNSFX) and Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX).
FNSFX is managed by Fidelity. It was launched on Jul 20, 2017. FFOLX is managed by Fidelity. It was launched on Oct 2, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNSFX or FFOLX.
Key characteristics
| FNSFX | FFOLX | |
|---|---|---|
| YTD Return | 18.01% | 17.46% |
| 1Y Return | 29.86% | 29.12% |
| 3Y Return (Ann) | 0.26% | 4.56% |
| 5Y Return (Ann) | 6.40% | 10.12% |
| Sharpe Ratio | 2.60 | 2.70 |
| Sortino Ratio | 3.60 | 3.74 |
| Omega Ratio | 1.48 | 1.50 |
| Calmar Ratio | 1.31 | 2.41 |
| Martin Ratio | 16.85 | 17.68 |
| Ulcer Index | 1.77% | 1.65% |
| Daily Std Dev | 11.47% | 10.77% |
| Max Drawdown | -34.49% | -30.72% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FNSFX and FFOLX 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.
Performance
FNSFX vs. FFOLX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FNSFX having a 18.01% return and FFOLX slightly lower at 17.46%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FNSFX vs. FFOLX - Expense Ratio Comparison
FNSFX has a 0.65% expense ratio, which is higher than FFOLX's 0.08% expense ratio.
Risk-Adjusted Performance
FNSFX vs. FFOLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2060 Fund Class K (FNSFX) and Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX). 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
FNSFX vs. FFOLX - Dividend Comparison
FNSFX's dividend yield for the trailing twelve months is around 1.19%, less than FFOLX's 1.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNSFX Fidelity Freedom 2060 Fund Class K | 1.19% | 1.40% | 2.14% | 2.29% | 1.09% | 1.54% | 1.63% | 1.21% | 0.00% | 0.00% |
FFOLX Fidelity Freedom Index 2045 Fund Institutional Premium Class | 1.71% | 1.98% | 2.02% | 1.62% | 1.41% | 1.80% | 2.24% | 1.78% | 2.00% | 2.02% |
Drawdowns
FNSFX vs. FFOLX - Drawdown Comparison
The maximum FNSFX drawdown since its inception was -34.49%, which is greater than FFOLX's maximum drawdown of -30.72%. Use the drawdown chart below to compare losses from any high point for FNSFX and FFOLX. For additional features, visit the drawdowns tool.
Volatility
FNSFX vs. FFOLX - Volatility Comparison
Fidelity Freedom 2060 Fund Class K (FNSFX) has a higher volatility of 3.14% compared to Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) at 2.95%. This indicates that FNSFX's price experiences larger fluctuations and is considered to be riskier than FFOLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.