FSNPX vs. FFGZX
FSNPX (Fidelity Freedom 2025 Fund Class K) and FFGZX (Fidelity Freedom Index Income Fund Institutional Premium Class) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FSNPX returned 5.46%/yr vs 2.70%/yr for FFGZX. Their correlation of 0.83 means they have usually moved in the same direction. FSNPX charges 0.54%/yr vs 0.08%/yr for FFGZX.
Performance
FSNPX vs. FFGZX - Performance Comparison
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Returns By Period
In the year-to-date period, FSNPX achieves a 6.63% return, which is significantly higher than FFGZX's 3.16% return.
FSNPX
- 1D
- 1.25%
- 1M
- -1.09%
- 6M
- 4.25%
- YTD
- 6.63%
- 1Y
- 14.30%
- 3Y*
- 11.61%
- 5Y*
- 5.46%
- 10Y*
- —
- ALL TIME*
- 7.08%
FFGZX
- 1D
- 0.56%
- 1M
- -0.47%
- 6M
- 2.17%
- YTD
- 3.16%
- 1Y
- 6.99%
- 3Y*
- 6.83%
- 5Y*
- 2.70%
- 10Y*
- 4.03%
- ALL TIME*
- 3.90%
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 |
FSNPX vs. FFGZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSNPX Fidelity Freedom 2025 Fund Class K | 6.63% | 16.64% | 8.25% | 14.21% | -16.63% | 10.22% | 11.69% | 19.56% | -5.79% | 4.22% |
FFGZX Fidelity Freedom Index Income Fund Institutional Premium Class | 3.16% | 9.13% | 5.02% | 8.32% | -11.07% | 2.85% | 8.59% | 10.68% | -0.80% | 2.47% |
Correlation
The correlation between FSNPX and FFGZX is 0.93, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.93 |
Correlation (3Y) Balances recent behavior with more history. | 0.89 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jul 25, 2017 | 0.83 |
The correlation between FSNPX and FFGZX shifts across timeframes, from 0.83 (all time) to 0.93 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FSNPX vs. FFGZX — Risk / Return Rank
FSNPX
FFGZX
FSNPX vs. FFGZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2025 Fund Class K (FSNPX) and Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX). 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.
| FSNPX | FFGZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.31 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 2.16 | +0.02 |
| Martin ratioReturn relative to average drawdown | 8.88 | 8.81 | +0.07 |
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Drawdowns
FSNPX vs. FFGZX - Drawdown Comparison
The maximum FSNPX drawdown since its inception was -23.58%, which is greater than FFGZX's maximum drawdown of -14.94%. Use the drawdown chart below to compare losses from any high point for FSNPX and FFGZX.
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Drawdown Indicators
| FSNPX | FFGZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.58% | -14.94% | -8.64% |
Max Drawdown (1Y)Largest decline over 1 year | -6.36% | -3.33% | -3.03% |
Max Drawdown (3Y)Largest decline over 3 years | -8.83% | -3.82% | -5.01% |
Max Drawdown (5Y)Largest decline over 5 years | -23.58% | -14.94% | -8.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -14.94% | — |
Current DrawdownCurrent decline from peak | -1.91% | -1.07% | -0.84% |
Average DrawdownAverage peak-to-trough decline | -4.65% | -2.24% | -2.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 0.82% | +0.74% |
Volatility
FSNPX vs. FFGZX - Volatility Comparison
Fidelity Freedom 2025 Fund Class K (FSNPX) has a higher volatility of 2.75% compared to Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX) at 1.37%. This indicates that FSNPX's price experiences larger fluctuations and is considered to be riskier than FFGZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSNPX | FFGZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.75% | 1.37% | +1.38% |
Volatility (6M)Calculated over the trailing 6-month period | 7.78% | 3.86% | +3.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.01% | 4.47% | +4.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.09% | 5.17% | +4.92% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.44% | 4.47% | +5.97% |
FSNPX vs. FFGZX - Expense Ratio Comparison
FSNPX has a 0.54% expense ratio, which is higher than FFGZX's 0.08% expense ratio.
Dividends
FSNPX vs. FFGZX - Dividend Comparison
FSNPX's dividend yield for the trailing twelve months is around 6.92%, more than FFGZX's 3.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFGZX Fidelity Freedom Index Income Fund Institutional Premium Class | 2.76% | 3.30% | 3.18% | 2.88% | 3.11% | 2.10% | 2.22% | 7.35% | 3.00% | 1.95% | 1.56% | 1.06% |
FSNPX Fidelity Freedom 2025 Fund Class K | 6.92% | 6.49% | 3.94% | 2.24% | 9.74% | 10.44% | 3.15% | 6.17% | 6.56% | 1.63% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.93, FSNPX and FFGZX 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.
FSNPX has higher volatility (2.75%) compared to FFGZX (1.37%). In terms of maximum drawdown, FSNPX dropped -23.58% vs FFGZX's -14.94%.
FFGZX currently has the higher Sharpe Ratio (1.62 vs 1.54), 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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