FSNUX vs. RLBGX
Compare and contrast key facts about Fidelity Freedom 2035 Fund Class K (FSNUX) and American Funds American Balanced Fund Class R-6 (RLBGX).
FSNUX is managed by Fidelity. It was launched on Jul 20, 2017. RLBGX is managed by American Funds. It was launched on Jul 26, 1975.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSNUX or RLBGX.
Correlation
The correlation between FSNUX and RLBGX is 0.92, 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
FSNUX vs. RLBGX - Performance Comparison
Key characteristics
FSNUX:
1.47
RLBGX:
1.35
FSNUX:
2.08
RLBGX:
1.76
FSNUX:
1.26
RLBGX:
1.26
FSNUX:
0.80
RLBGX:
1.81
FSNUX:
7.60
RLBGX:
6.07
FSNUX:
1.85%
RLBGX:
2.18%
FSNUX:
9.55%
RLBGX:
9.78%
FSNUX:
-33.70%
RLBGX:
-22.33%
FSNUX:
-6.53%
RLBGX:
-4.81%
Returns By Period
In the year-to-date period, FSNUX achieves a 1.60% return, which is significantly lower than RLBGX's 1.98% return.
FSNUX
1.60%
1.01%
2.94%
12.72%
2.54%
N/A
RLBGX
1.98%
2.22%
2.20%
12.68%
6.02%
5.99%
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FSNUX vs. RLBGX - Expense Ratio Comparison
FSNUX has a 0.61% expense ratio, which is higher than RLBGX's 0.25% expense ratio.
Risk-Adjusted Performance
FSNUX vs. RLBGX — Risk-Adjusted Performance Rank
FSNUX
RLBGX
FSNUX vs. RLBGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2035 Fund Class K (FSNUX) and American Funds American Balanced Fund Class R-6 (RLBGX). 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
FSNUX vs. RLBGX - Dividend Comparison
FSNUX's dividend yield for the trailing twelve months is around 1.93%, less than RLBGX's 2.37% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fidelity Freedom 2035 Fund Class K | 1.93% | 1.96% | 1.77% | 2.32% | 2.35% | 1.12% | 1.59% | 1.76% | 1.27% | 0.00% | 0.00% | 0.00% |
American Funds American Balanced Fund Class R-6 | 2.37% | 2.41% | 2.66% | 2.02% | 1.50% | 1.63% | 2.20% | 2.41% | 2.07% | 2.07% | 3.82% | 9.42% |
Drawdowns
FSNUX vs. RLBGX - Drawdown Comparison
The maximum FSNUX drawdown since its inception was -33.70%, which is greater than RLBGX's maximum drawdown of -22.33%. Use the drawdown chart below to compare losses from any high point for FSNUX and RLBGX. For additional features, visit the drawdowns tool.
Volatility
FSNUX vs. RLBGX - Volatility Comparison
Fidelity Freedom 2035 Fund Class K (FSNUX) and American Funds American Balanced Fund Class R-6 (RLBGX) have volatilities of 3.60% and 3.62%, 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.