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FSNZX vs. FNSDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSNZX and FNSDX is 1.00, 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.


-0.50.00.51.01.0

Performance

FSNZX vs. FNSDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2045 Fund Class K (FSNZX) and Fidelity Freedom 2055 Fund Class K (FNSDX). The values are adjusted to include any dividend payments, if applicable.

25.00%30.00%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
33.33%
38.03%
FSNZX
FNSDX

Key characteristics

Sharpe Ratio

FSNZX:

1.45

FNSDX:

1.46

Sortino Ratio

FSNZX:

2.03

FNSDX:

2.03

Omega Ratio

FSNZX:

1.26

FNSDX:

1.26

Calmar Ratio

FSNZX:

0.92

FNSDX:

0.96

Martin Ratio

FSNZX:

8.90

FNSDX:

8.83

Ulcer Index

FSNZX:

1.89%

FNSDX:

1.90%

Daily Std Dev

FSNZX:

11.55%

FNSDX:

11.48%

Max Drawdown

FSNZX:

-35.63%

FNSDX:

-35.11%

Current Drawdown

FSNZX:

-4.11%

FNSDX:

-4.03%

Returns By Period

The year-to-date returns for both stocks are quite close, with FSNZX having a 14.59% return and FNSDX slightly lower at 14.57%.


FSNZX

YTD

14.59%

1M

-0.86%

6M

4.07%

1Y

15.44%

5Y*

4.08%

10Y*

N/A

FNSDX

YTD

14.57%

1M

-0.92%

6M

4.05%

1Y

15.44%

5Y*

4.52%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FSNZX vs. FNSDX - Expense Ratio Comparison

Both FSNZX and FNSDX have an expense ratio of 0.65%.


FSNZX
Fidelity Freedom 2045 Fund Class K
Expense ratio chart for FSNZX: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for FNSDX: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%

Risk-Adjusted Performance

FSNZX vs. FNSDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2045 Fund Class K (FSNZX) and Fidelity Freedom 2055 Fund Class K (FNSDX). 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.


Sharpe ratio
The chart of Sharpe ratio for FSNZX, currently valued at 1.45, compared to the broader market-1.000.001.002.003.004.001.451.46
The chart of Sortino ratio for FSNZX, currently valued at 2.03, compared to the broader market-2.000.002.004.006.008.0010.002.032.03
The chart of Omega ratio for FSNZX, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.003.501.261.26
The chart of Calmar ratio for FSNZX, currently valued at 0.92, compared to the broader market0.002.004.006.008.0010.0012.0014.000.920.96
The chart of Martin ratio for FSNZX, currently valued at 8.90, compared to the broader market0.0020.0040.0060.008.908.83
FSNZX
FNSDX

The current FSNZX Sharpe Ratio is 1.45, which is comparable to the FNSDX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of FSNZX and FNSDX, 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 Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.45
1.46
FSNZX
FNSDX

Dividends

FSNZX vs. FNSDX - Dividend Comparison

FSNZX's dividend yield for the trailing twelve months is around 1.23%, which matches FNSDX's 1.23% yield.


TTM2023202220212020201920182017
FSNZX
Fidelity Freedom 2045 Fund Class K
1.23%1.41%2.17%2.32%1.10%1.55%1.76%1.26%
FNSDX
Fidelity Freedom 2055 Fund Class K
1.23%1.41%2.16%2.31%1.07%1.54%1.69%1.25%

Drawdowns

FSNZX vs. FNSDX - Drawdown Comparison

The maximum FSNZX drawdown since its inception was -35.63%, roughly equal to the maximum FNSDX drawdown of -35.11%. Use the drawdown chart below to compare losses from any high point for FSNZX and FNSDX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.11%
-4.03%
FSNZX
FNSDX

Volatility

FSNZX vs. FNSDX - Volatility Comparison

Fidelity Freedom 2045 Fund Class K (FSNZX) and Fidelity Freedom 2055 Fund Class K (FNSDX) have volatilities of 3.35% and 3.33%, 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%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.35%
3.33%
FSNZX
FNSDX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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