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FSNQX vs. FFFEX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSNQX and FFFEX is 0.89, 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

FSNQX vs. FFFEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2030 Fund Class K (FSNQX) and Fidelity Freedom 2030 Fund (FFFEX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FSNQX:

0.44

FFFEX:

0.44

Sortino Ratio

FSNQX:

0.87

FFFEX:

0.86

Omega Ratio

FSNQX:

1.12

FFFEX:

1.12

Calmar Ratio

FSNQX:

0.48

FFFEX:

0.46

Martin Ratio

FSNQX:

2.60

FFFEX:

2.56

Ulcer Index

FSNQX:

2.52%

FFFEX:

2.54%

Daily Std Dev

FSNQX:

11.50%

FFFEX:

11.47%

Max Drawdown

FSNQX:

-31.35%

FFFEX:

-49.70%

Current Drawdown

FSNQX:

-5.86%

FFFEX:

-6.09%

Returns By Period

The year-to-date returns for both investments are quite close, with FSNQX having a 2.62% return and FFFEX slightly higher at 2.66%.


FSNQX

YTD

2.62%

1M

3.98%

6M

0.84%

1Y

5.04%

5Y*

5.17%

10Y*

N/A

FFFEX

YTD

2.66%

1M

4.02%

6M

0.82%

1Y

4.97%

5Y*

5.08%

10Y*

2.51%

*Annualized

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FSNQX vs. FFFEX - Expense Ratio Comparison

FSNQX has a 0.58% expense ratio, which is lower than FFFEX's 0.66% expense ratio.


Risk-Adjusted Performance

FSNQX vs. FFFEX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSNQX
The Risk-Adjusted Performance Rank of FSNQX is 5656
Overall Rank
The Sharpe Ratio Rank of FSNQX is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of FSNQX is 5353
Sortino Ratio Rank
The Omega Ratio Rank of FSNQX is 5252
Omega Ratio Rank
The Calmar Ratio Rank of FSNQX is 5858
Calmar Ratio Rank
The Martin Ratio Rank of FSNQX is 6767
Martin Ratio Rank

FFFEX
The Risk-Adjusted Performance Rank of FFFEX is 5555
Overall Rank
The Sharpe Ratio Rank of FFFEX is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of FFFEX is 5252
Sortino Ratio Rank
The Omega Ratio Rank of FFFEX is 5252
Omega Ratio Rank
The Calmar Ratio Rank of FFFEX is 5858
Calmar Ratio Rank
The Martin Ratio Rank of FFFEX is 6767
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FSNQX vs. FFFEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2030 Fund Class K (FSNQX) and Fidelity Freedom 2030 Fund (FFFEX). 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.


The current FSNQX Sharpe Ratio is 0.44, which is comparable to the FFFEX Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of FSNQX and FFFEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FSNQX vs. FFFEX - Dividend Comparison

FSNQX's dividend yield for the trailing twelve months is around 2.21%, more than FFFEX's 2.03% yield.


TTM20242023202220212020201920182017201620152014
FSNQX
Fidelity Freedom 2030 Fund Class K
2.21%2.26%1.97%2.65%2.44%1.14%1.73%1.83%1.31%0.00%0.00%0.00%
FFFEX
Fidelity Freedom 2030 Fund
2.03%2.08%1.83%2.59%2.40%1.07%1.65%1.76%1.23%1.55%4.36%8.39%

Drawdowns

FSNQX vs. FFFEX - Drawdown Comparison

The maximum FSNQX drawdown since its inception was -31.35%, smaller than the maximum FFFEX drawdown of -49.70%. Use the drawdown chart below to compare losses from any high point for FSNQX and FFFEX. For additional features, visit the drawdowns tool.


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Volatility

FSNQX vs. FFFEX - Volatility Comparison

Fidelity Freedom 2030 Fund Class K (FSNQX) and Fidelity Freedom 2030 Fund (FFFEX) have volatilities of 3.70% and 3.70%, 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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