Correlation
The correlation between FQLSX and FXAIX 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.
FQLSX vs. FXAIX
Compare and contrast key facts about Fidelity Flex Freedom Blend 2055 Fund (FQLSX) and Fidelity 500 Index Fund (FXAIX).
FQLSX is managed by Fidelity. It was launched on Jun 8, 2017. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FQLSX or FXAIX.
Performance
FQLSX vs. FXAIX - Performance Comparison
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Key characteristics
FQLSX:
0.58
FXAIX:
0.75
FQLSX:
0.81
FXAIX:
1.07
FQLSX:
1.11
FXAIX:
1.15
FQLSX:
0.54
FXAIX:
0.72
FQLSX:
2.21
FXAIX:
2.73
FQLSX:
3.77%
FXAIX:
4.85%
FQLSX:
16.77%
FXAIX:
19.78%
FQLSX:
-31.29%
FXAIX:
-33.79%
FQLSX:
-0.89%
FXAIX:
-3.14%
Returns By Period
In the year-to-date period, FQLSX achieves a 5.11% return, which is significantly higher than FXAIX's 1.34% return.
FQLSX
5.11%
4.22%
0.34%
9.00%
9.88%
9.47%
N/A
FXAIX
1.34%
5.62%
-1.07%
13.84%
14.51%
16.00%
12.68%
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FQLSX vs. FXAIX - Expense Ratio Comparison
FQLSX has a 0.00% expense ratio, which is lower than FXAIX's 0.02% 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
FQLSX vs. FXAIX — Risk-Adjusted Performance Rank
FQLSX
FXAIX
FQLSX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2055 Fund (FQLSX) and Fidelity 500 Index Fund (FXAIX). 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
FQLSX vs. FXAIX - Dividend Comparison
FQLSX's dividend yield for the trailing twelve months is around 4.07%, more than FXAIX's 1.55% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FQLSX Fidelity Flex Freedom Blend 2055 Fund | 4.07% | 3.86% | 2.08% | 5.79% | 8.05% | 5.76% | 7.02% | 8.27% | 3.10% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.55% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.08% |
Drawdowns
FQLSX vs. FXAIX - Drawdown Comparison
The maximum FQLSX drawdown since its inception was -31.29%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FQLSX and FXAIX.
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Volatility
FQLSX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Flex Freedom Blend 2055 Fund (FQLSX) is 3.61%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.77%. This indicates that FQLSX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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