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FSNVX vs. FSGGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSNVX and FSGGX is 0.77, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

FSNVX vs. FSGGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2040 Fund Class K (FSNVX) and Fidelity Global ex U.S. Index Fund (FSGGX). The values are adjusted to include any dividend payments, if applicable.

20.00%30.00%40.00%50.00%December2025FebruaryMarchAprilMay
31.78%
52.96%
FSNVX
FSGGX

Key characteristics

Sharpe Ratio

FSNVX:

0.71

FSGGX:

0.90

Sortino Ratio

FSNVX:

1.07

FSGGX:

1.33

Omega Ratio

FSNVX:

1.15

FSGGX:

1.18

Calmar Ratio

FSNVX:

0.70

FSGGX:

1.09

Martin Ratio

FSNVX:

3.22

FSGGX:

3.39

Ulcer Index

FSNVX:

3.35%

FSGGX:

4.28%

Daily Std Dev

FSNVX:

15.33%

FSGGX:

16.12%

Max Drawdown

FSNVX:

-35.64%

FSGGX:

-34.76%

Current Drawdown

FSNVX:

-4.13%

FSGGX:

0.00%

Returns By Period

In the year-to-date period, FSNVX achieves a 2.85% return, which is significantly lower than FSGGX's 11.30% return.


FSNVX

YTD

2.85%

1M

1.54%

6M

1.74%

1Y

9.68%

5Y*

7.56%

10Y*

N/A

FSGGX

YTD

11.30%

1M

4.02%

6M

7.65%

1Y

13.03%

5Y*

11.15%

10Y*

5.12%

*Annualized

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FSNVX vs. FSGGX - Expense Ratio Comparison

FSNVX has a 0.65% expense ratio, which is higher than FSGGX's 0.06% expense ratio.


Expense ratio chart for FSNVX: current value is 0.65%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FSNVX: 0.65%
Expense ratio chart for FSGGX: current value is 0.06%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FSGGX: 0.06%

Risk-Adjusted Performance

FSNVX vs. FSGGX — Risk-Adjusted Performance Rank

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

FSNVX
The Risk-Adjusted Performance Rank of FSNVX is 6868
Overall Rank
The Sharpe Ratio Rank of FSNVX is 6464
Sharpe Ratio Rank
The Sortino Ratio Rank of FSNVX is 6464
Sortino Ratio Rank
The Omega Ratio Rank of FSNVX is 6363
Omega Ratio Rank
The Calmar Ratio Rank of FSNVX is 7474
Calmar Ratio Rank
The Martin Ratio Rank of FSNVX is 7272
Martin Ratio Rank

FSGGX
The Risk-Adjusted Performance Rank of FSGGX is 7777
Overall Rank
The Sharpe Ratio Rank of FSGGX is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of FSGGX is 7474
Sortino Ratio Rank
The Omega Ratio Rank of FSGGX is 7474
Omega Ratio Rank
The Calmar Ratio Rank of FSGGX is 8686
Calmar Ratio Rank
The Martin Ratio Rank of FSGGX is 7575
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.

FSNVX vs. FSGGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2040 Fund Class K (FSNVX) and Fidelity Global ex U.S. Index Fund (FSGGX). 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 chart of Sharpe ratio for FSNVX, currently valued at 0.71, compared to the broader market-2.00-1.000.001.002.003.00
FSNVX: 0.71
FSGGX: 0.90
The chart of Sortino ratio for FSNVX, currently valued at 1.07, compared to the broader market-2.000.002.004.006.008.00
FSNVX: 1.07
FSGGX: 1.33
The chart of Omega ratio for FSNVX, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.00
FSNVX: 1.15
FSGGX: 1.18
The chart of Calmar ratio for FSNVX, currently valued at 0.70, compared to the broader market0.002.004.006.008.0010.00
FSNVX: 0.70
FSGGX: 1.09
The chart of Martin ratio for FSNVX, currently valued at 3.22, compared to the broader market0.0010.0020.0030.0040.00
FSNVX: 3.22
FSGGX: 3.39

The current FSNVX Sharpe Ratio is 0.71, which is comparable to the FSGGX Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of FSNVX and FSGGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00December2025FebruaryMarchAprilMay
0.71
0.90
FSNVX
FSGGX

Dividends

FSNVX vs. FSGGX - Dividend Comparison

FSNVX's dividend yield for the trailing twelve months is around 1.55%, less than FSGGX's 2.62% yield.


TTM20242023202220212020201920182017201620152014
FSNVX
Fidelity Freedom 2040 Fund Class K
1.55%1.59%1.45%2.16%2.32%1.11%1.56%1.76%1.28%0.00%0.00%0.00%
FSGGX
Fidelity Global ex U.S. Index Fund
2.62%2.91%2.95%2.64%2.60%1.71%2.85%2.66%2.09%2.06%2.44%2.61%

Drawdowns

FSNVX vs. FSGGX - Drawdown Comparison

The maximum FSNVX drawdown since its inception was -35.64%, roughly equal to the maximum FSGGX drawdown of -34.76%. Use the drawdown chart below to compare losses from any high point for FSNVX and FSGGX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-4.13%
0
FSNVX
FSGGX

Volatility

FSNVX vs. FSGGX - Volatility Comparison

Fidelity Freedom 2040 Fund Class K (FSNVX) and Fidelity Global ex U.S. Index Fund (FSGGX) have volatilities of 10.46% and 10.44%, 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.


2.00%4.00%6.00%8.00%10.00%December2025FebruaryMarchAprilMay
10.46%
10.44%
FSNVX
FSGGX