FNSFX vs. SWPRX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Freedom 2060 Fund Class K (FNSFX) and Schwab Target 2060 Fund (SWPRX).

FNSFX is managed by Fidelity. It was launched on Jul 20, 2017. SWPRX is managed by Charles Schwab. It was launched on Aug 24, 2016.

Performance

FNSFX vs. SWPRX - Performance Comparison

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

FNSFX vs. SWPRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FNSFX Fidelity Freedom 2060 Fund Class K	-3.48%	23.84%	14.14%	20.59%	-18.20%	16.68%	18.40%	25.44%	-8.82%	7.37%
SWPRX Schwab Target 2060 Fund	-4.10%	20.66%	14.28%	21.13%	-20.24%	18.59%	15.58%	25.05%	-10.61%	7.61%

Returns By Period

In the year-to-date period, FNSFX achieves a -3.48% return, which is significantly higher than SWPRX's -4.10% return.

FNSFX

• 1D: -0.30%
• 1M: -9.17%
• YTD: -3.48%
• 6M: 0.15%
• 1Y: 19.45%
• 3Y*: 15.39%
• 5Y*: 8.22%
• 10Y*: —

SWPRX

• 1D: -0.35%
• 1M: -9.09%
• YTD: -4.10%
• 6M: -1.28%
• 1Y: 16.69%
• 3Y*: 14.32%
• 5Y*: 7.55%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FNSFX vs. SWPRX - Expense Ratio Comparison

FNSFX has a 0.65% expense ratio, which is higher than SWPRX's 0.00% expense ratio.

FNSFX

Fidelity Freedom 2060 Fund Class K

SWPRX

Schwab Target 2060 Fund

Return for Risk

FNSFX vs. SWPRX — Risk / Return Rank

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

FNSFX

FNSFX Risk / Return Rank: 69
FNSFX Sharpe Ratio Rank: 70
FNSFX Sortino Ratio Rank: 71
FNSFX Omega Ratio Rank: 70
FNSFX Calmar Ratio Rank: 65
FNSFX Martin Ratio Rank: 71

SWPRX

SWPRX Risk / Return Rank: 60
SWPRX Sharpe Ratio Rank: 59
SWPRX Sortino Ratio Rank: 61
SWPRX Omega Ratio Rank: 61
SWPRX Calmar Ratio Rank: 56
SWPRX Martin Ratio Rank: 64

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FNSFX vs. SWPRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2060 Fund Class K (FNSFX) and Schwab Target 2060 Fund (SWPRX). 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.

	FNSFX	SWPRX	Difference
Sharpe ratio Return per unit of total volatility	1.22	1.05	+0.17
Sortino ratio Return per unit of downside risk	1.75	1.54	+0.20
Omega ratio Gain probability vs. loss probability	1.26	1.23	+0.03
Calmar ratio Return relative to maximum drawdown	1.47	1.32	+0.15
Martin ratio Return relative to average drawdown	6.69	6.03	+0.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FNSFX vs. SWPRX - Sharpe Ratio Comparison

The current FNSFX Sharpe Ratio is 1.22, which is comparable to the SWPRX Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of FNSFX and SWPRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FNSFX	SWPRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.22	1.05	+0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.48	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.59	+0.04

Correlation

The correlation between FNSFX and SWPRX is 0.97, 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.

Dividends

FNSFX vs. SWPRX - Dividend Comparison

FNSFX's dividend yield for the trailing twelve months is around 3.83%, less than SWPRX's 3.92% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FNSFX Fidelity Freedom 2060 Fund Class K	3.83%	3.70%	2.32%	2.13%	10.66%	10.24%	3.89%	5.99%	5.94%	2.45%
SWPRX Schwab Target 2060 Fund	3.92%	3.76%	3.11%	3.30%	6.08%	4.64%	1.79%	4.29%	5.07%	2.55%

Drawdowns

FNSFX vs. SWPRX - Drawdown Comparison

The maximum FNSFX drawdown since its inception was -30.92%, smaller than the maximum SWPRX drawdown of -32.94%. Use the drawdown chart below to compare losses from any high point for FNSFX and SWPRX.

Drawdown Indicators

	FNSFX	SWPRX	Difference
Max Drawdown Largest peak-to-trough decline	-30.92%	-32.94%	+2.02%
Max Drawdown (1Y) Largest decline over 1 year	-11.19%	-11.21%	+0.02%
Max Drawdown (5Y) Largest decline over 5 years	-27.31%	-30.97%	+3.66%
Current Drawdown Current decline from peak	-9.76%	-9.57%	-0.19%
Average Drawdown Average peak-to-trough decline	-5.69%	-6.55%	+0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.58%	2.46%	+0.12%

Volatility

FNSFX vs. SWPRX - Volatility Comparison

Fidelity Freedom 2060 Fund Class K (FNSFX) has a higher volatility of 5.71% compared to Schwab Target 2060 Fund (SWPRX) at 5.09%. This indicates that FNSFX's price experiences larger fluctuations and is considered to be riskier than SWPRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FNSFX	SWPRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.71%	5.09%	+0.62%
Volatility (6M) Calculated over the trailing 6-month period	9.58%	9.15%	+0.43%
Volatility (1Y) Calculated over the trailing 1-year period	15.99%	15.87%	+0.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.83%	15.93%	-1.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.95%	16.85%	-0.90%