FQIFX vs. SPY
Compare and contrast key facts about Fidelity Freedom Index 2025 Fund Investor Class (FQIFX) and SPDR S&P 500 ETF (SPY).
FQIFX is managed by Fidelity. It was launched on Oct 2, 2009. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FQIFX or SPY.
Correlation
The correlation between FQIFX and SPY is 0.93, 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
FQIFX vs. SPY - Performance Comparison
Key characteristics
FQIFX:
0.75
SPY:
0.48
FQIFX:
1.12
SPY:
0.81
FQIFX:
1.15
SPY:
1.12
FQIFX:
0.81
SPY:
0.51
FQIFX:
3.28
SPY:
2.13
FQIFX:
2.22%
SPY:
4.46%
FQIFX:
9.69%
SPY:
20.00%
FQIFX:
-27.49%
SPY:
-55.19%
FQIFX:
-4.64%
SPY:
-12.38%
Returns By Period
In the year-to-date period, FQIFX achieves a -0.59% return, which is significantly higher than SPY's -8.37% return. Over the past 10 years, FQIFX has underperformed SPY with an annualized return of 4.01%, while SPY has yielded a comparatively higher 11.67% annualized return.
FQIFX
-0.59%
-2.69%
-2.23%
6.04%
6.01%
4.01%
SPY
-8.37%
-6.73%
-6.77%
7.24%
15.33%
11.67%
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FQIFX vs. SPY - Expense Ratio Comparison
FQIFX has a 0.12% expense ratio, which is higher than SPY's 0.09% expense ratio. However, 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
FQIFX vs. SPY — Risk-Adjusted Performance Rank
FQIFX
SPY
FQIFX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2025 Fund Investor Class (FQIFX) and SPDR S&P 500 ETF (SPY). 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
FQIFX vs. SPY - Dividend Comparison
FQIFX's dividend yield for the trailing twelve months is around 3.38%, more than SPY's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FQIFX Fidelity Freedom Index 2025 Fund Investor Class | 3.38% | 3.36% | 2.37% | 2.64% | 2.10% | 2.38% | 13.76% | 2.31% | 1.83% | 1.88% | 1.93% | 6.75% |
SPY SPDR S&P 500 ETF | 1.34% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FQIFX vs. SPY - Drawdown Comparison
The maximum FQIFX drawdown since its inception was -27.49%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FQIFX and SPY. For additional features, visit the drawdowns tool.
Volatility
FQIFX vs. SPY - Volatility Comparison
The current volatility for Fidelity Freedom Index 2025 Fund Investor Class (FQIFX) is 6.42%, while SPDR S&P 500 ETF (SPY) has a volatility of 14.94%. This indicates that FQIFX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.