FOLSX vs. FIOFX
Compare and contrast key facts about Fidelity Flex Freedom Blend 2045 Fund (FOLSX) and Fidelity Freedom Index 2045 Fund Investor Class (FIOFX).
FOLSX is managed by Fidelity. It was launched on Jun 8, 2017. FIOFX is managed by Fidelity. It was launched on Oct 2, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FOLSX or FIOFX.
Correlation
The correlation between FOLSX and FIOFX is 0.98, 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
FOLSX vs. FIOFX - Performance Comparison
Key characteristics
FOLSX:
1.27
FIOFX:
1.57
FOLSX:
1.78
FIOFX:
2.17
FOLSX:
1.23
FIOFX:
1.28
FOLSX:
1.93
FIOFX:
2.45
FOLSX:
6.40
FIOFX:
8.79
FOLSX:
2.32%
FIOFX:
1.94%
FOLSX:
11.70%
FIOFX:
10.84%
FOLSX:
-31.29%
FIOFX:
-37.05%
FOLSX:
-0.58%
FIOFX:
-0.18%
Returns By Period
In the year-to-date period, FOLSX achieves a 5.64% return, which is significantly higher than FIOFX's 5.21% return.
FOLSX
5.64%
3.53%
4.48%
15.36%
6.90%
N/A
FIOFX
5.21%
3.53%
6.05%
17.62%
9.10%
7.38%
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FOLSX vs. FIOFX - Expense Ratio Comparison
FOLSX has a 0.00% expense ratio, which is lower than FIOFX's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FOLSX vs. FIOFX — Risk-Adjusted Performance Rank
FOLSX
FIOFX
FOLSX vs. FIOFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2045 Fund (FOLSX) and Fidelity Freedom Index 2045 Fund Investor Class (FIOFX). 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
FOLSX vs. FIOFX - Dividend Comparison
FOLSX's dividend yield for the trailing twelve months is around 1.96%, more than FIOFX's 1.89% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOLSX Fidelity Flex Freedom Blend 2045 Fund | 1.96% | 2.07% | 1.99% | 2.95% | 2.52% | 1.56% | 2.20% | 2.44% | 1.56% | 0.00% | 0.00% | 0.00% |
FIOFX Fidelity Freedom Index 2045 Fund Investor Class | 1.89% | 1.99% | 1.95% | 1.96% | 1.52% | 1.39% | 1.76% | 2.18% | 1.73% | 1.95% | 2.01% | 3.33% |
Drawdowns
FOLSX vs. FIOFX - Drawdown Comparison
The maximum FOLSX drawdown since its inception was -31.29%, smaller than the maximum FIOFX drawdown of -37.05%. Use the drawdown chart below to compare losses from any high point for FOLSX and FIOFX. For additional features, visit the drawdowns tool.
Volatility
FOLSX vs. FIOFX - Volatility Comparison
Fidelity Flex Freedom Blend 2045 Fund (FOLSX) has a higher volatility of 2.99% compared to Fidelity Freedom Index 2045 Fund Investor Class (FIOFX) at 2.78%. This indicates that FOLSX's price experiences larger fluctuations and is considered to be riskier than FIOFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.