FSNJX vs. FNSFX
Compare and contrast key facts about Fidelity Freedom 2005 Fund Class K (FSNJX) and Fidelity Freedom 2060 Fund Class K (FNSFX).
FSNJX is managed by Fidelity. It was launched on Jul 20, 2017. FNSFX is managed by Fidelity. It was launched on Jul 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSNJX or FNSFX.
Key characteristics
FSNJX | FNSFX | |
---|---|---|
YTD Return | 2.55% | 18.01% |
1Y Return | 8.20% | 29.86% |
3Y Return (Ann) | -0.93% | 0.26% |
5Y Return (Ann) | 2.66% | 6.40% |
Sharpe Ratio | 2.05 | 2.60 |
Sortino Ratio | 3.17 | 3.60 |
Omega Ratio | 1.54 | 1.48 |
Calmar Ratio | 0.78 | 1.31 |
Martin Ratio | 12.94 | 16.85 |
Ulcer Index | 0.65% | 1.77% |
Daily Std Dev | 4.10% | 11.47% |
Max Drawdown | -16.37% | -34.49% |
Current Drawdown | -2.89% | 0.00% |
Correlation
The correlation between FSNJX and FNSFX is 0.76, 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
FSNJX vs. FNSFX - Performance Comparison
In the year-to-date period, FSNJX achieves a 2.55% return, which is significantly lower than FNSFX's 18.01% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSNJX vs. FNSFX - Expense Ratio Comparison
FSNJX has a 0.42% expense ratio, which is lower than FNSFX's 0.65% expense ratio.
Risk-Adjusted Performance
FSNJX vs. FNSFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2005 Fund Class K (FSNJX) and Fidelity Freedom 2060 Fund Class K (FNSFX). 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
FSNJX vs. FNSFX - Dividend Comparison
FSNJX's dividend yield for the trailing twelve months is around 3.49%, more than FNSFX's 1.19% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
---|---|---|---|---|---|---|---|---|
Fidelity Freedom 2005 Fund Class K | 3.49% | 3.04% | 3.55% | 2.53% | 1.23% | 2.02% | 2.10% | 1.28% |
Fidelity Freedom 2060 Fund Class K | 1.19% | 1.40% | 2.14% | 2.29% | 1.09% | 1.54% | 1.63% | 1.21% |
Drawdowns
FSNJX vs. FNSFX - Drawdown Comparison
The maximum FSNJX drawdown since its inception was -16.37%, smaller than the maximum FNSFX drawdown of -34.49%. Use the drawdown chart below to compare losses from any high point for FSNJX and FNSFX. For additional features, visit the drawdowns tool.
Volatility
FSNJX vs. FNSFX - Volatility Comparison
The current volatility for Fidelity Freedom 2005 Fund Class K (FSNJX) is 0.00%, while Fidelity Freedom 2060 Fund Class K (FNSFX) has a volatility of 3.14%. This indicates that FSNJX experiences smaller price fluctuations and is considered to be less risky than FNSFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.