FNSFX vs. SMGIX
Compare and contrast key facts about Fidelity Freedom 2060 Fund Class K (FNSFX) and Columbia Contrarian Core Fund (SMGIX).
FNSFX is managed by Fidelity. It was launched on Jul 20, 2017. SMGIX is managed by Columbia Threadneedle. It was launched on Dec 14, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNSFX or SMGIX.
Key characteristics
| FNSFX | SMGIX | |
|---|---|---|
| YTD Return | 13.72% | 18.39% |
| 1Y Return | 22.35% | 28.77% |
| 3Y Return (Ann) | 4.63% | 10.37% |
| 5Y Return (Ann) | 10.95% | 15.93% |
| Sharpe Ratio | 1.89 | 2.12 |
| Daily Std Dev | 11.85% | 12.80% |
| Max Drawdown | -30.92% | -50.62% |
| Current Drawdown | -0.94% | -1.61% |
Correlation
The correlation between FNSFX and SMGIX is 0.93, 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. SMGIX - Performance Comparison
In the year-to-date period, FNSFX achieves a 13.72% return, which is significantly lower than SMGIX's 18.39% 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. SMGIX - Expense Ratio Comparison
FNSFX has a 0.65% expense ratio, which is lower than SMGIX's 0.75% expense ratio.
Risk-Adjusted Performance
FNSFX vs. SMGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2060 Fund Class K (FNSFX) and Columbia Contrarian Core Fund (SMGIX). 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. SMGIX - Dividend Comparison
FNSFX's dividend yield for the trailing twelve months is around 1.69%, less than SMGIX's 2.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNSFX Fidelity Freedom 2060 Fund Class K | 1.69% | 2.13% | 10.66% | 10.24% | 3.89% | 5.99% | 5.94% | 2.45% | 0.00% | 0.00% | 0.00% | 0.00% |
SMGIX Columbia Contrarian Core Fund | 2.61% | 3.08% | 10.61% | 13.70% | 7.69% | 5.87% | 10.17% | 5.84% | 1.67% | 5.86% | 7.28% | 6.24% |
Drawdowns
FNSFX vs. SMGIX - Drawdown Comparison
The maximum FNSFX drawdown since its inception was -30.92%, smaller than the maximum SMGIX drawdown of -50.62%. Use the drawdown chart below to compare losses from any high point for FNSFX and SMGIX. For additional features, visit the drawdowns tool.
Volatility
FNSFX vs. SMGIX - Volatility Comparison
Fidelity Freedom 2060 Fund Class K (FNSFX) and Columbia Contrarian Core Fund (SMGIX) have volatilities of 3.89% and 3.91%, 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.