FRBVX vs. VSVNX
FRBVX (Fidelity Freedom Index 2070 Fund Investor Class) and VSVNX (Vanguard Target Retirement 2070 Fund) are both Target Retirement Date funds. Both are actively managed. Over the past year, FRBVX returned 22.02% vs 21.62% for VSVNX. Their 0.99 correlation means they have historically moved very closely together. FRBVX charges 0.12%/yr vs 0.08%/yr for VSVNX.
Performance
FRBVX vs. VSVNX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with FRBVX having a 10.45% return and VSVNX slightly lower at 9.99%.
FRBVX
- 1D
- 2.02%
- 1M
- -0.44%
- 6M
- 7.32%
- YTD
- 10.45%
- 1Y
- 22.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.46%
VSVNX
- 1D
- 1.89%
- 1M
- -0.46%
- 6M
- 6.77%
- YTD
- 9.99%
- 1Y
- 21.62%
- 3Y*
- 16.58%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 16.66%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FRBVX vs. VSVNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FRBVX Fidelity Freedom Index 2070 Fund Investor Class | 10.45% | 21.43% | 1.95% |
VSVNX Vanguard Target Retirement 2070 Fund | 9.99% | 21.43% | 3.33% |
Correlation
The correlation between FRBVX and VSVNX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (All Time) Calculated using the full available price history since Jul 10, 2024 | 0.99 |
The correlation between FRBVX and VSVNX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.
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Return for Risk
FRBVX vs. VSVNX — Risk / Return Rank
FRBVX
VSVNX
FRBVX vs. VSVNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2070 Fund Investor Class (FRBVX) and Vanguard Target Retirement 2070 Fund (VSVNX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FRBVX | VSVNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.29 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 2.23 | +0.02 |
| Martin ratioReturn relative to average drawdown | 9.35 | 9.29 | +0.06 |
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Drawdowns
FRBVX vs. VSVNX - Drawdown Comparison
The maximum FRBVX drawdown since its inception was -14.69%, roughly equal to the maximum VSVNX drawdown of -15.39%. Use the drawdown chart below to compare losses from any high point for FRBVX and VSVNX.
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Drawdown Indicators
| FRBVX | VSVNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.69% | -15.39% | +0.70% |
Max Drawdown (1Y)Largest decline over 1 year | -9.08% | -8.94% | -0.14% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.53% | — |
Current DrawdownCurrent decline from peak | -1.94% | -1.93% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -1.71% | -2.47% | +0.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.18% | 2.14% | +0.04% |
Volatility
FRBVX vs. VSVNX - Volatility Comparison
Fidelity Freedom Index 2070 Fund Investor Class (FRBVX) and Vanguard Target Retirement 2070 Fund (VSVNX) have volatilities of 3.83% and 3.74%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRBVX | VSVNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.83% | 3.74% | +0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 10.97% | 10.51% | +0.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.98% | 12.59% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.38% | 13.77% | +0.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.38% | 13.77% | +0.61% |
FRBVX vs. VSVNX - Expense Ratio Comparison
FRBVX has a 0.12% expense ratio, which is higher than VSVNX's 0.08% 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%.
Dividends
FRBVX vs. VSVNX - Dividend Comparison
FRBVX's dividend yield for the trailing twelve months is around 1.47%, less than VSVNX's 1.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
FRBVX Fidelity Freedom Index 2070 Fund Investor Class | 1.47% | 1.65% | 1.37% | 0.00% | 0.00% |
VSVNX Vanguard Target Retirement 2070 Fund | 1.65% | 1.82% | 1.79% | 1.57% | 0.91% |
Frequently Asked Questions
With a correlation of 1.00, FRBVX and VSVNX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FRBVX has higher volatility (3.83%) compared to VSVNX (3.74%). In terms of maximum drawdown, FRBVX dropped -14.69% vs VSVNX's -15.39%.
VSVNX currently has the higher Sharpe Ratio (1.59 vs 1.57), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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