FSNVX vs. FXNAX
Compare and contrast key facts about Fidelity Freedom 2040 Fund Class K (FSNVX) and Fidelity U.S. Bond Index Fund (FXNAX).
FSNVX is managed by Fidelity. It was launched on Jul 20, 2017. FXNAX is managed by Fidelity.
Performance
FSNVX vs. FXNAX - Performance Comparison
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FSNVX vs. FXNAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSNVX Fidelity Freedom 2040 Fund Class K | -0.30% | 22.12% | 16.08% | 20.08% | -18.17% | 16.62% | 18.44% | 25.49% | -8.87% | 7.42% |
FXNAX Fidelity U.S. Bond Index Fund | -0.26% | 7.14% | 1.35% | 5.82% | -13.55% | -2.10% | 7.63% | 8.50% | 0.04% | 1.24% |
Returns By Period
In the year-to-date period, FSNVX achieves a -0.30% return, which is significantly lower than FXNAX's -0.26% return.
FSNVX
- 1D
- 2.69%
- 1M
- -5.26%
- YTD
- -0.30%
- 6M
- 2.82%
- 1Y
- 20.82%
- 3Y*
- 16.63%
- 5Y*
- 8.62%
- 10Y*
- —
FXNAX
- 1D
- 0.19%
- 1M
- -1.60%
- YTD
- -0.26%
- 6M
- 0.47%
- 1Y
- 3.69%
- 3Y*
- 3.52%
- 5Y*
- 0.10%
- 10Y*
- 1.54%
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FSNVX vs. FXNAX - Expense Ratio Comparison
FSNVX has a 0.65% expense ratio, which is higher than FXNAX's 0.03% expense ratio.
Return for Risk
FSNVX vs. FXNAX — Risk / Return Rank
FSNVX
FXNAX
FSNVX vs. FXNAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2040 Fund Class K (FSNVX) and Fidelity U.S. Bond Index Fund (FXNAX). 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.
| FSNVX | FXNAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.48 | 0.93 | +0.55 |
Sortino ratioReturn per unit of downside risk | 2.09 | 1.33 | +0.76 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.16 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 1.91 | 1.66 | +0.24 |
Martin ratioReturn relative to average drawdown | 8.52 | 4.68 | +3.84 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FSNVX | FXNAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 0.93 | +0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.02 | +0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.31 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.45 | +0.22 |
Correlation
The correlation between FSNVX and FXNAX is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FSNVX vs. FXNAX - Dividend Comparison
FSNVX's dividend yield for the trailing twelve months is around 5.10%, more than FXNAX's 3.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSNVX Fidelity Freedom 2040 Fund Class K | 5.10% | 5.08% | 5.22% | 1.85% | 12.39% | 12.13% | 5.74% | 6.76% | 8.06% | 3.10% | 0.00% | 0.00% |
FXNAX Fidelity U.S. Bond Index Fund | 3.34% | 3.58% | 3.40% | 3.15% | 1.81% | 1.74% | 2.92% | 2.68% | 2.74% | 2.57% | 2.76% | 2.52% |
Drawdowns
FSNVX vs. FXNAX - Drawdown Comparison
The maximum FSNVX drawdown since its inception was -30.96%, which is greater than FXNAX's maximum drawdown of -19.51%. Use the drawdown chart below to compare losses from any high point for FSNVX and FXNAX.
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Drawdown Indicators
| FSNVX | FXNAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.96% | -19.51% | -11.45% |
Max Drawdown (1Y)Largest decline over 1 year | -10.33% | -2.71% | -7.62% |
Max Drawdown (5Y)Largest decline over 5 years | -27.21% | -18.54% | -8.67% |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.51% | — |
Current DrawdownCurrent decline from peak | -6.25% | -3.53% | -2.72% |
Average DrawdownAverage peak-to-trough decline | -5.67% | -3.87% | -1.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 0.96% | +1.35% |
Volatility
FSNVX vs. FXNAX - Volatility Comparison
Fidelity Freedom 2040 Fund Class K (FSNVX) has a higher volatility of 5.96% compared to Fidelity U.S. Bond Index Fund (FXNAX) at 1.55%. This indicates that FSNVX's price experiences larger fluctuations and is considered to be riskier than FXNAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSNVX | FXNAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.96% | 1.55% | +4.41% |
Volatility (6M)Calculated over the trailing 6-month period | 8.91% | 2.58% | +6.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.64% | 4.35% | +10.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.30% | 6.04% | +8.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.68% | 4.99% | +10.69% |