FSNZX vs. FNSDX
Compare and contrast key facts about Fidelity Freedom 2045 Fund Class K (FSNZX) and Fidelity Freedom 2055 Fund Class K (FNSDX).
FSNZX is managed by Fidelity. It was launched on Jul 20, 2017. FNSDX is managed by Fidelity. It was launched on Jul 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSNZX or FNSDX.
Key characteristics
| FSNZX | FNSDX | |
|---|---|---|
| YTD Return | 17.83% | 17.89% |
| 1Y Return | 30.40% | 30.53% |
| 3Y Return (Ann) | -0.45% | -0.10% |
| 5Y Return (Ann) | 5.52% | 5.98% |
| Sharpe Ratio | 2.59 | 2.60 |
| Sortino Ratio | 3.59 | 3.60 |
| Omega Ratio | 1.47 | 1.48 |
| Calmar Ratio | 1.22 | 1.25 |
| Martin Ratio | 16.78 | 16.73 |
| Ulcer Index | 1.77% | 1.78% |
| Daily Std Dev | 11.48% | 11.45% |
| Max Drawdown | -35.63% | -35.11% |
| Current Drawdown | -1.40% | -0.40% |
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.
Performance
FSNZX vs. FNSDX - Performance Comparison
The year-to-date returns for both investments are quite close, with FSNZX having a 17.83% return and FNSDX slightly higher at 17.89%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSNZX vs. FNSDX - Expense Ratio Comparison
Both FSNZX and FNSDX have an expense ratio of 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.
Dividends
FSNZX vs. FNSDX - Dividend Comparison
FSNZX's dividend yield for the trailing twelve months is around 1.20%, which matches FNSDX's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FSNZX Fidelity Freedom 2045 Fund Class K | 1.20% | 1.41% | 2.17% | 2.32% | 1.10% | 1.55% | 1.76% | 1.26% |
FNSDX Fidelity Freedom 2055 Fund Class K | 1.19% | 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.
Volatility
FSNZX vs. FNSDX - Volatility Comparison
Fidelity Freedom 2045 Fund Class K (FSNZX) and Fidelity Freedom 2055 Fund Class K (FNSDX) have volatilities of 3.16% and 3.22%, 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.