FSNQX vs. FFFEX
Compare and contrast key facts about Fidelity Freedom 2030 Fund Class K (FSNQX) and Fidelity Freedom 2030 Fund (FFFEX).
FSNQX is managed by Fidelity. It was launched on Jul 20, 2017. FFFEX is managed by Fidelity. It was launched on Oct 17, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSNQX or FFFEX.
Key characteristics
| FSNQX | FFFEX | |
|---|---|---|
| YTD Return | 11.97% | 11.88% |
| 1Y Return | 22.45% | 22.34% |
| 3Y Return (Ann) | -1.79% | -1.87% |
| 5Y Return (Ann) | 2.79% | 2.70% |
| Sharpe Ratio | 2.55 | 2.53 |
| Sortino Ratio | 3.74 | 3.71 |
| Omega Ratio | 1.47 | 1.47 |
| Calmar Ratio | 0.95 | 0.94 |
| Martin Ratio | 16.26 | 16.11 |
| Ulcer Index | 1.33% | 1.33% |
| Daily Std Dev | 8.48% | 8.48% |
| Max Drawdown | -31.35% | -49.70% |
| Current Drawdown | -5.26% | -5.48% |
Correlation
The correlation between FSNQX and FFFEX is 1.00, 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 year-to-date returns for both stocks are quite close, with FSNQX having a 11.97% return and FFFEX slightly lower at 11.88%. 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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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 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.
Dividends
FSNQX vs. FFFEX - Dividend Comparison
FSNQX's dividend yield for the trailing twelve months is around 1.92%, more than FFFEX's 1.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSNQX Fidelity Freedom 2030 Fund Class K | 1.92% | 1.97% | 2.65% | 2.44% | 1.14% | 1.73% | 1.83% | 1.31% | 0.00% | 0.00% | 0.00% | 0.00% |
FFFEX Fidelity Freedom 2030 Fund | 1.79% | 1.83% | 2.59% | 2.40% | 1.07% | 1.65% | 1.76% | 1.23% | 1.55% | 4.36% | 8.39% | 4.63% |
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.
Volatility
FSNQX vs. FFFEX - Volatility Comparison
Fidelity Freedom 2030 Fund Class K (FSNQX) and Fidelity Freedom 2030 Fund (FFFEX) have volatilities of 2.29% and 2.29%, 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.