FNSFX vs. FSNJX
Compare and contrast key facts about Fidelity Freedom 2060 Fund Class K (FNSFX) and Fidelity Freedom 2005 Fund Class K (FSNJX).
FNSFX is managed by Fidelity. It was launched on Jul 20, 2017. FSNJX is managed by Fidelity. It was launched on Jul 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNSFX or FSNJX.
Key characteristics
| FNSFX | FSNJX | |
|---|---|---|
| YTD Return | 14.18% | 2.55% |
| 1Y Return | 23.05% | 7.50% |
| 3Y Return (Ann) | 4.76% | -0.60% |
| 5Y Return (Ann) | 11.01% | 2.89% |
| Sharpe Ratio | 1.93 | 1.56 |
| Daily Std Dev | 11.81% | 4.79% |
| Max Drawdown | -30.92% | -16.37% |
| Current Drawdown | -0.54% | -2.89% |
Correlation
The correlation between FNSFX and FSNJX is 0.78, 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. FSNJX - Performance Comparison
In the year-to-date period, FNSFX achieves a 14.18% return, which is significantly higher than FSNJX's 2.55% return. 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. FSNJX - Expense Ratio Comparison
FNSFX has a 0.65% expense ratio, which is higher than FSNJX's 0.42% expense ratio.
Risk-Adjusted Performance
FNSFX vs. FSNJX - 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 2005 Fund Class K (FSNJX). 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. FSNJX - Dividend Comparison
FNSFX's dividend yield for the trailing twelve months is around 1.69%, less than FSNJX's 3.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FNSFX Fidelity Freedom 2060 Fund Class K | 1.69% | 2.13% | 10.66% | 10.24% | 3.89% | 5.99% | 5.94% | 2.45% |
FSNJX Fidelity Freedom 2005 Fund Class K | 3.49% | 3.04% | 6.43% | 7.63% | 4.41% | 4.55% | 5.66% | 2.81% |
Drawdowns
FNSFX vs. FSNJX - Drawdown Comparison
The maximum FNSFX drawdown since its inception was -30.92%, which is greater than FSNJX's maximum drawdown of -16.37%. Use the drawdown chart below to compare losses from any high point for FNSFX and FSNJX. For additional features, visit the drawdowns tool.
Volatility
FNSFX vs. FSNJX - Volatility Comparison
Fidelity Freedom 2060 Fund Class K (FNSFX) has a higher volatility of 3.89% compared to Fidelity Freedom 2005 Fund Class K (FSNJX) at 0.00%. This indicates that FNSFX's price experiences larger fluctuations and is considered to be riskier than FSNJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.