FNSHX vs. SSHIX
Compare and contrast key facts about Fidelity Freedom Income Fund Class K (FNSHX) and Allspring Short-Term Bond Plus Fund (SSHIX).
FNSHX is managed by Fidelity. It was launched on Jul 20, 2017. SSHIX is managed by Allspring Global Investments. It was launched on Aug 31, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNSHX or SSHIX.
Correlation
The correlation between FNSHX and SSHIX is -0.95. 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. SSHIX - Performance Comparison
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Key characteristics
FNSHX:
1.85%
SSHIX:
1.72%
FNSHX:
-0.19%
SSHIX:
-6.90%
FNSHX:
-0.19%
SSHIX:
-0.35%
Returns By Period
FNSHX
N/A
N/A
N/A
N/A
N/A
N/A
SSHIX
1.82%
0.84%
2.39%
6.10%
2.73%
2.43%
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FNSHX vs. SSHIX - Expense Ratio Comparison
FNSHX has a 0.42% expense ratio, which is lower than SSHIX's 0.47% expense ratio.
Risk-Adjusted Performance
FNSHX vs. SSHIX — Risk-Adjusted Performance Rank
FNSHX
SSHIX
FNSHX vs. SSHIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Income Fund Class K (FNSHX) and Allspring Short-Term Bond Plus Fund (SSHIX). 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.
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Dividends
FNSHX vs. SSHIX - Dividend Comparison
FNSHX has not paid dividends to shareholders, while SSHIX's dividend yield for the trailing twelve months is around 4.50%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNSHX Fidelity Freedom Income Fund Class K | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SSHIX Allspring Short-Term Bond Plus Fund | 4.50% | 4.42% | 3.92% | 2.14% | 1.50% | 2.10% | 2.62% | 2.21% | 1.64% | 1.59% | 1.33% | 1.35% |
Drawdowns
FNSHX vs. SSHIX - Drawdown Comparison
The maximum FNSHX drawdown since its inception was -0.19%, smaller than the maximum SSHIX drawdown of -6.90%. Use the drawdown chart below to compare losses from any high point for FNSHX and SSHIX. For additional features, visit the drawdowns tool.
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Volatility
FNSHX vs. SSHIX - Volatility Comparison
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