FNSHX vs. FXNAX
Compare and contrast key facts about Fidelity Freedom Income Fund Class K (FNSHX) and Fidelity U.S. Bond Index Fund (FXNAX).
FNSHX is managed by Fidelity. It was launched on Jul 20, 2017. FXNAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNSHX or FXNAX.
Correlation
The correlation between FNSHX and FXNAX is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FNSHX vs. FXNAX - Performance Comparison
Key characteristics
FNSHX:
1.04
FXNAX:
0.22
FNSHX:
1.49
FXNAX:
0.35
FNSHX:
1.18
FXNAX:
1.04
FNSHX:
0.49
FXNAX:
0.08
FNSHX:
4.85
FXNAX:
0.62
FNSHX:
1.01%
FXNAX:
1.97%
FNSHX:
4.70%
FXNAX:
5.43%
FNSHX:
-19.27%
FXNAX:
-19.64%
FNSHX:
-4.69%
FXNAX:
-10.27%
Returns By Period
In the year-to-date period, FNSHX achieves a 4.51% return, which is significantly higher than FXNAX's 1.41% return.
FNSHX
4.51%
-0.37%
1.87%
4.89%
0.42%
N/A
FXNAX
1.41%
-0.21%
1.31%
1.61%
-0.55%
1.24%
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FNSHX vs. FXNAX - Expense Ratio Comparison
FNSHX has a 0.42% expense ratio, which is higher than FXNAX's 0.03% expense ratio.
Risk-Adjusted Performance
FNSHX vs. FXNAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Income Fund Class K (FNSHX) and Fidelity U.S. Bond Index Fund (FXNAX). 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
FNSHX vs. FXNAX - Dividend Comparison
FNSHX's dividend yield for the trailing twelve months is around 3.33%, which matches FXNAX's 3.36% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNSHX Fidelity Freedom Income Fund Class K | 3.33% | 2.98% | 3.49% | 2.47% | 1.24% | 2.05% | 2.11% | 1.16% | 0.00% | 0.00% | 0.00% | 0.00% |
FXNAX Fidelity U.S. Bond Index Fund | 3.36% | 2.92% | 2.41% | 1.81% | 2.10% | 2.69% | 2.74% | 2.52% | 2.52% | 2.69% | 2.59% | 2.39% |
Drawdowns
FNSHX vs. FXNAX - Drawdown Comparison
The maximum FNSHX drawdown since its inception was -19.27%, roughly equal to the maximum FXNAX drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for FNSHX and FXNAX. For additional features, visit the drawdowns tool.
Volatility
FNSHX vs. FXNAX - Volatility Comparison
Fidelity Freedom Income Fund Class K (FNSHX) and Fidelity U.S. Bond Index Fund (FXNAX) have volatilities of 1.54% and 1.54%, 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.