FSNQX vs. FSNJX
Compare and contrast key facts about Fidelity Freedom 2030 Fund Class K (FSNQX) and Fidelity Freedom 2005 Fund Class K (FSNJX).
FSNQX is managed by Fidelity. It was launched on Jul 20, 2017. FSNJX 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: FSNQX or FSNJX.
Key characteristics
| FSNQX | FSNJX | |
|---|---|---|
| YTD Return | 12.15% | 2.55% |
| 1Y Return | 21.78% | 8.20% |
| 3Y Return (Ann) | -1.72% | -0.93% |
| 5Y Return (Ann) | 2.83% | 2.66% |
| Sharpe Ratio | 2.59 | 2.05 |
| Sortino Ratio | 3.79 | 3.17 |
| Omega Ratio | 1.48 | 1.54 |
| Calmar Ratio | 0.97 | 0.78 |
| Martin Ratio | 16.52 | 12.94 |
| Ulcer Index | 1.33% | 0.65% |
| Daily Std Dev | 8.47% | 4.10% |
| Max Drawdown | -31.35% | -16.37% |
| Current Drawdown | -5.10% | -2.89% |
Correlation
The correlation between FSNQX and FSNJX is 0.83, 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. FSNJX - Performance Comparison
In the year-to-date period, FSNQX achieves a 12.15% return, which is significantly higher than FSNJX's 2.55% 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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FSNQX vs. FSNJX - Expense Ratio Comparison
FSNQX has a 0.58% expense ratio, which is higher than FSNJX's 0.42% expense ratio.
Risk-Adjusted Performance
FSNQX vs. FSNJX - 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 2005 Fund Class K (FSNJX). 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. FSNJX - Dividend Comparison
FSNQX's dividend yield for the trailing twelve months is around 1.92%, less than FSNJX's 3.49% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FSNQX Fidelity Freedom 2030 Fund Class K | 1.92% | 1.97% | 2.65% | 2.44% | 1.14% | 1.73% | 1.83% | 1.31% |
FSNJX Fidelity Freedom 2005 Fund Class K | 3.49% | 3.04% | 3.55% | 2.53% | 1.23% | 2.02% | 2.10% | 1.28% |
Drawdowns
FSNQX vs. FSNJX - Drawdown Comparison
The maximum FSNQX drawdown since its inception was -31.35%, which is greater than FSNJX's maximum drawdown of -16.37%. Use the drawdown chart below to compare losses from any high point for FSNQX and FSNJX. For additional features, visit the drawdowns tool.
Volatility
FSNQX vs. FSNJX - Volatility Comparison
Fidelity Freedom 2030 Fund Class K (FSNQX) has a higher volatility of 2.29% compared to Fidelity Freedom 2005 Fund Class K (FSNJX) at 0.00%. This indicates that FSNQX's price experiences larger fluctuations and is considered to be riskier than FSNJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.