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FSNJX vs. FNSFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FSNJXFNSFX
YTD Return2.55%18.01%
1Y Return8.20%29.86%
3Y Return (Ann)-0.93%0.26%
5Y Return (Ann)2.66%6.40%
Sharpe Ratio2.052.60
Sortino Ratio3.173.60
Omega Ratio1.541.48
Calmar Ratio0.781.31
Martin Ratio12.9416.85
Ulcer Index0.65%1.77%
Daily Std Dev4.10%11.47%
Max Drawdown-16.37%-34.49%
Current Drawdown-2.89%0.00%

Correlation

-0.50.00.51.00.8

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.


-2.00%0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
1.58%
9.50%
FSNJX
FNSFX

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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.


FNSFX
Fidelity Freedom 2060 Fund Class K
Expense ratio chart for FNSFX: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for FSNJX: current value at 0.42% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.42%

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.


FSNJX
Sharpe ratio
The chart of Sharpe ratio for FSNJX, currently valued at 2.05, compared to the broader market0.002.004.002.05
Sortino ratio
The chart of Sortino ratio for FSNJX, currently valued at 3.17, compared to the broader market0.005.0010.003.17
Omega ratio
The chart of Omega ratio for FSNJX, currently valued at 1.54, compared to the broader market1.002.003.004.001.54
Calmar ratio
The chart of Calmar ratio for FSNJX, currently valued at 0.78, compared to the broader market0.005.0010.0015.0020.0025.000.78
Martin ratio
The chart of Martin ratio for FSNJX, currently valued at 12.94, compared to the broader market0.0020.0040.0060.0080.00100.0012.94
FNSFX
Sharpe ratio
The chart of Sharpe ratio for FNSFX, currently valued at 2.60, compared to the broader market0.002.004.002.60
Sortino ratio
The chart of Sortino ratio for FNSFX, currently valued at 3.60, compared to the broader market0.005.0010.003.60
Omega ratio
The chart of Omega ratio for FNSFX, currently valued at 1.48, compared to the broader market1.002.003.004.001.48
Calmar ratio
The chart of Calmar ratio for FNSFX, currently valued at 1.31, compared to the broader market0.005.0010.0015.0020.0025.001.31
Martin ratio
The chart of Martin ratio for FNSFX, currently valued at 16.85, compared to the broader market0.0020.0040.0060.0080.00100.0016.85

FSNJX vs. FNSFX - Sharpe Ratio Comparison

The current FSNJX Sharpe Ratio is 2.05, which is comparable to the FNSFX Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of FSNJX and FNSFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.05
2.60
FSNJX
FNSFX

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.


TTM2023202220212020201920182017
FSNJX
Fidelity Freedom 2005 Fund Class K
3.49%3.04%3.55%2.53%1.23%2.02%2.10%1.28%
FNSFX
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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.89%
0
FSNJX
FNSFX

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.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember0
3.14%
FSNJX
FNSFX