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FNSHX vs. FXNAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FNSHX and FXNAX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

FNSHX vs. FXNAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Income Fund Class K (FNSHX) and Fidelity U.S. Bond Index Fund (FXNAX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FNSHX:

1.20

FXNAX:

0.81

Sortino Ratio

FNSHX:

1.71

FXNAX:

1.13

Omega Ratio

FNSHX:

1.22

FXNAX:

1.13

Calmar Ratio

FNSHX:

0.75

FXNAX:

0.30

Martin Ratio

FNSHX:

4.90

FXNAX:

1.83

Ulcer Index

FNSHX:

1.22%

FXNAX:

2.20%

Daily Std Dev

FNSHX:

5.11%

FXNAX:

5.31%

Max Drawdown

FNSHX:

-19.27%

FXNAX:

-19.64%

Current Drawdown

FNSHX:

-2.23%

FXNAX:

-9.21%

Returns By Period

In the year-to-date period, FNSHX achieves a 2.72% return, which is significantly higher than FXNAX's 0.98% return.


FNSHX

YTD

2.72%

1M

2.56%

6M

2.10%

1Y

6.10%

5Y*

1.78%

10Y*

N/A

FXNAX

YTD

0.98%

1M

0.39%

6M

0.88%

1Y

4.33%

5Y*

-1.34%

10Y*

1.21%

*Annualized

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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 Rank

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

FNSHX
The Risk-Adjusted Performance Rank of FNSHX is 8383
Overall Rank
The Sharpe Ratio Rank of FNSHX is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of FNSHX is 8585
Sortino Ratio Rank
The Omega Ratio Rank of FNSHX is 8484
Omega Ratio Rank
The Calmar Ratio Rank of FNSHX is 7575
Calmar Ratio Rank
The Martin Ratio Rank of FNSHX is 8686
Martin Ratio Rank

FXNAX
The Risk-Adjusted Performance Rank of FXNAX is 5858
Overall Rank
The Sharpe Ratio Rank of FXNAX is 7373
Sharpe Ratio Rank
The Sortino Ratio Rank of FXNAX is 6767
Sortino Ratio Rank
The Omega Ratio Rank of FXNAX is 5757
Omega Ratio Rank
The Calmar Ratio Rank of FXNAX is 4242
Calmar Ratio Rank
The Martin Ratio Rank of FXNAX is 5252
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.

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.


The current FNSHX Sharpe Ratio is 1.20, which is higher than the FXNAX Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of FNSHX and FXNAX, 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

FNSHX vs. FXNAX - Dividend Comparison

FNSHX's dividend yield for the trailing twelve months is around 3.12%, less than FXNAX's 3.49% yield.


TTM20242023202220212020201920182017201620152014
FNSHX
Fidelity Freedom Income Fund Class K
3.12%3.19%2.98%5.94%6.17%4.43%3.74%5.36%2.58%0.00%0.00%0.00%
FXNAX
Fidelity U.S. Bond Index Fund
3.49%3.40%2.92%2.41%1.81%2.10%2.69%2.74%2.52%2.52%2.69%2.59%

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.


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Volatility

FNSHX vs. FXNAX - Volatility Comparison

The current volatility for Fidelity Freedom Income Fund Class K (FNSHX) is 1.27%, while Fidelity U.S. Bond Index Fund (FXNAX) has a volatility of 1.54%. This indicates that FNSHX experiences smaller price fluctuations and is considered to be less risky than FXNAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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