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:
1.42
SPY:
1.87
FQIFX:
2.02
SPY:
2.52
FQIFX:
1.26
SPY:
1.35
FQIFX:
1.67
SPY:
2.81
FQIFX:
6.24
SPY:
11.69
FQIFX:
1.68%
SPY:
2.02%
FQIFX:
7.36%
SPY:
12.65%
FQIFX:
-27.49%
SPY:
-55.19%
FQIFX:
-0.77%
SPY:
0.00%
Returns By Period
In the year-to-date period, FQIFX achieves a 3.44% return, which is significantly lower than SPY's 4.58% return. Over the past 10 years, FQIFX has underperformed SPY with an annualized return of 4.62%, while SPY has yielded a comparatively higher 13.23% annualized return.
FQIFX
3.44%
2.51%
2.00%
10.84%
4.85%
4.62%
SPY
4.58%
2.57%
10.04%
24.97%
14.73%
13.23%
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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 2.48%, more than SPY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FQIFX Fidelity Freedom Index 2025 Fund Investor Class | 2.48% | 2.56% | 2.37% | 2.47% | 1.51% | 1.37% | 1.88% | 2.14% | 1.73% | 1.83% | 1.93% | 6.75% |
SPY SPDR S&P 500 ETF | 1.15% | 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 1.85%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.00%. 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.