FSNVX vs. VFORX
Compare and contrast key facts about Fidelity Freedom 2040 Fund Class K (FSNVX) and Vanguard Target Retirement 2040 Fund (VFORX).
FSNVX is managed by Fidelity. It was launched on Jul 20, 2017. VFORX is managed by Vanguard. It was launched on Jun 7, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSNVX or VFORX.
Correlation
The correlation between FSNVX and VFORX 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
FSNVX vs. VFORX - Performance Comparison
Key characteristics
FSNVX:
0.47
VFORX:
0.72
FSNVX:
0.76
VFORX:
1.09
FSNVX:
1.10
VFORX:
1.15
FSNVX:
0.47
VFORX:
0.58
FSNVX:
2.18
VFORX:
3.46
FSNVX:
3.30%
VFORX:
2.69%
FSNVX:
15.35%
VFORX:
12.97%
FSNVX:
-35.64%
VFORX:
-51.63%
FSNVX:
-6.55%
VFORX:
-7.75%
Returns By Period
In the year-to-date period, FSNVX achieves a 0.26% return, which is significantly higher than VFORX's -0.07% return.
FSNVX
0.26%
-1.70%
-1.91%
7.80%
7.15%
N/A
VFORX
-0.07%
-1.05%
-0.62%
9.79%
7.06%
5.44%
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FSNVX vs. VFORX - Expense Ratio Comparison
FSNVX has a 0.65% expense ratio, which is higher than VFORX's 0.08% expense ratio.
Risk-Adjusted Performance
FSNVX vs. VFORX — Risk-Adjusted Performance Rank
FSNVX
VFORX
FSNVX vs. VFORX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2040 Fund Class K (FSNVX) and Vanguard Target Retirement 2040 Fund (VFORX). 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
FSNVX vs. VFORX - Dividend Comparison
FSNVX's dividend yield for the trailing twelve months is around 1.59%, less than VFORX's 2.65% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSNVX Fidelity Freedom 2040 Fund Class K | 1.59% | 1.59% | 1.45% | 2.16% | 2.32% | 1.11% | 1.56% | 1.76% | 1.28% | 0.00% | 0.00% | 0.00% |
VFORX Vanguard Target Retirement 2040 Fund | 2.65% | 2.65% | 2.38% | 2.60% | 20.68% | 2.06% | 2.28% | 2.58% | 1.95% | 2.40% | 2.99% | 1.99% |
Drawdowns
FSNVX vs. VFORX - Drawdown Comparison
The maximum FSNVX drawdown since its inception was -35.64%, smaller than the maximum VFORX drawdown of -51.63%. Use the drawdown chart below to compare losses from any high point for FSNVX and VFORX. For additional features, visit the drawdowns tool.
Volatility
FSNVX vs. VFORX - Volatility Comparison
Fidelity Freedom 2040 Fund Class K (FSNVX) has a higher volatility of 10.44% compared to Vanguard Target Retirement 2040 Fund (VFORX) at 8.96%. This indicates that FSNVX's price experiences larger fluctuations and is considered to be riskier than VFORX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.