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FNSFX vs. FFOLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FNSFX and FFOLX 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

FNSFX vs. FFOLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2060 Fund Class K (FNSFX) and Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FNSFX:

0.42

FFOLX:

0.68

Sortino Ratio

FNSFX:

0.85

FFOLX:

1.20

Omega Ratio

FNSFX:

1.12

FFOLX:

1.17

Calmar Ratio

FNSFX:

0.57

FFOLX:

0.84

Martin Ratio

FNSFX:

2.39

FFOLX:

3.71

Ulcer Index

FNSFX:

3.70%

FFOLX:

3.33%

Daily Std Dev

FNSFX:

16.81%

FFOLX:

15.73%

Max Drawdown

FNSFX:

-34.49%

FFOLX:

-37.04%

Current Drawdown

FNSFX:

-2.34%

FFOLX:

-0.27%

Returns By Period

In the year-to-date period, FNSFX achieves a 3.66% return, which is significantly lower than FFOLX's 5.12% return.


FNSFX

YTD

3.66%

1M

6.90%

6M

1.46%

1Y

7.02%

5Y*

9.44%

10Y*

N/A

FFOLX

YTD

5.12%

1M

8.51%

6M

3.89%

1Y

10.59%

5Y*

12.62%

10Y*

N/A

*Annualized

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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 Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FNSFX
The Risk-Adjusted Performance Rank of FNSFX is 5555
Overall Rank
The Sharpe Ratio Rank of FNSFX is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of FNSFX is 5151
Sortino Ratio Rank
The Omega Ratio Rank of FNSFX is 5252
Omega Ratio Rank
The Calmar Ratio Rank of FNSFX is 6565
Calmar Ratio Rank
The Martin Ratio Rank of FNSFX is 6363
Martin Ratio Rank

FFOLX
The Risk-Adjusted Performance Rank of FFOLX is 7575
Overall Rank
The Sharpe Ratio Rank of FFOLX is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of FFOLX is 7272
Sortino Ratio Rank
The Omega Ratio Rank of FFOLX is 7575
Omega Ratio Rank
The Calmar Ratio Rank of FFOLX is 7979
Calmar Ratio Rank
The Martin Ratio Rank of FFOLX is 8080
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FNSFX Sharpe Ratio is 0.42, which is lower than the FFOLX Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of FNSFX and FFOLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FNSFX vs. FFOLX - Dividend Comparison

FNSFX's dividend yield for the trailing twelve months is around 1.43%, less than FFOLX's 1.94% yield.


TTM2024202320222021202020192018201720162015
FNSFX
Fidelity Freedom 2060 Fund Class K
1.43%1.48%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
1.94%2.02%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%, smaller than the maximum FFOLX drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for FNSFX and FFOLX. For additional features, visit the drawdowns tool.


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Volatility

FNSFX vs. FFOLX - Volatility Comparison

Fidelity Freedom 2060 Fund Class K (FNSFX) has a higher volatility of 5.01% compared to Fidelity Freedom Index 2045 Fund Institutional Premium Class (FFOLX) at 4.14%. 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.


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