FPIFX vs. ANCFX
Compare and contrast key facts about Fidelity Freedom Index 2020 Fund Investor Class (FPIFX) and American Funds Fundamental Investors Class A (ANCFX).
FPIFX is managed by Fidelity. It was launched on Oct 2, 2009. ANCFX is managed by American Funds. It was launched on Jan 8, 1978.
Performance
FPIFX vs. ANCFX - Performance Comparison
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FPIFX vs. ANCFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FPIFX Fidelity Freedom Index 2020 Fund Investor Class | -1.78% | 13.34% | 7.68% | 12.73% | -15.94% | 8.42% | 12.72% | 18.11% | -3.85% | 13.90% |
ANCFX American Funds Fundamental Investors Class A | -6.13% | 24.21% | 22.73% | 25.86% | -16.66% | 22.43% | 14.92% | 27.07% | -8.13% | 22.80% |
Returns By Period
In the year-to-date period, FPIFX achieves a -1.78% return, which is significantly higher than ANCFX's -6.13% return. Over the past 10 years, FPIFX has underperformed ANCFX with an annualized return of 6.58%, while ANCFX has yielded a comparatively higher 12.92% annualized return.
FPIFX
- 1D
- 0.24%
- 1M
- -4.82%
- YTD
- -1.78%
- 6M
- -0.00%
- 1Y
- 9.87%
- 3Y*
- 8.66%
- 5Y*
- 4.04%
- 10Y*
- 6.58%
ANCFX
- 1D
- -0.62%
- 1M
- -9.88%
- YTD
- -6.13%
- 6M
- -2.09%
- 1Y
- 20.46%
- 3Y*
- 19.35%
- 5Y*
- 11.57%
- 10Y*
- 12.92%
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FPIFX vs. ANCFX - Expense Ratio Comparison
FPIFX has a 0.12% expense ratio, which is lower than ANCFX's 0.59% expense ratio.
Return for Risk
FPIFX vs. ANCFX — Risk / Return Rank
FPIFX
ANCFX
FPIFX vs. ANCFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2020 Fund Investor Class (FPIFX) and American Funds Fundamental Investors Class A (ANCFX). 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.
| FPIFX | ANCFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.29 | 1.16 | +0.14 |
Sortino ratioReturn per unit of downside risk | 1.83 | 1.75 | +0.08 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.25 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.66 | 1.61 | +0.05 |
Martin ratioReturn relative to average drawdown | 7.24 | 7.19 | +0.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FPIFX | ANCFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 1.16 | +0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.70 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | 0.73 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.61 | +0.13 |
Correlation
The correlation between FPIFX and ANCFX is 0.92, 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
FPIFX vs. ANCFX - Dividend Comparison
FPIFX's dividend yield for the trailing twelve months is around 6.06%, less than ANCFX's 9.11% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPIFX Fidelity Freedom Index 2020 Fund Investor Class | 6.06% | 5.95% | 5.83% | 2.42% | 2.95% | 2.67% | 2.54% | 17.42% | 2.50% | 1.85% | 1.83% | 1.91% |
ANCFX American Funds Fundamental Investors Class A | 9.11% | 8.54% | 8.90% | 5.80% | 4.98% | 10.97% | 2.61% | 6.91% | 9.31% | 7.28% | 4.71% | 6.08% |
Drawdowns
FPIFX vs. ANCFX - Drawdown Comparison
The maximum FPIFX drawdown since its inception was -21.59%, smaller than the maximum ANCFX drawdown of -53.29%. Use the drawdown chart below to compare losses from any high point for FPIFX and ANCFX.
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Drawdown Indicators
| FPIFX | ANCFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.59% | -53.29% | +31.70% |
Max Drawdown (1Y)Largest decline over 1 year | -5.78% | -11.35% | +5.57% |
Max Drawdown (5Y)Largest decline over 5 years | -21.59% | -25.07% | +3.48% |
Max Drawdown (10Y)Largest decline over 10 years | -21.59% | -33.93% | +12.34% |
Current DrawdownCurrent decline from peak | -4.88% | -10.66% | +5.78% |
Average DrawdownAverage peak-to-trough decline | -3.11% | -7.34% | +4.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.32% | 2.54% | -1.22% |
Volatility
FPIFX vs. ANCFX - Volatility Comparison
The current volatility for Fidelity Freedom Index 2020 Fund Investor Class (FPIFX) is 2.82%, while American Funds Fundamental Investors Class A (ANCFX) has a volatility of 4.98%. This indicates that FPIFX experiences smaller price fluctuations and is considered to be less risky than ANCFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FPIFX | ANCFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.82% | 4.98% | -2.16% |
Volatility (6M)Calculated over the trailing 6-month period | 4.54% | 10.64% | -6.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.79% | 17.94% | -10.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.51% | 16.67% | -8.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.79% | 17.65% | -8.86% |