FSNZX vs. VGT
Compare and contrast key facts about Fidelity Freedom 2045 Fund Class K (FSNZX) and Vanguard Information Technology ETF (VGT).
FSNZX is managed by Fidelity. It was launched on Jul 20, 2017. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSNZX or VGT.
Key characteristics
| FSNZX | VGT | |
|---|---|---|
| YTD Return | 17.83% | 29.70% |
| 1Y Return | 30.40% | 44.81% |
| 3Y Return (Ann) | -0.45% | 12.42% |
| 5Y Return (Ann) | 5.52% | 23.16% |
| Sharpe Ratio | 2.59 | 2.08 |
| Sortino Ratio | 3.59 | 2.66 |
| Omega Ratio | 1.47 | 1.37 |
| Calmar Ratio | 1.22 | 2.89 |
| Martin Ratio | 16.78 | 10.41 |
| Ulcer Index | 1.77% | 4.22% |
| Daily Std Dev | 11.48% | 21.11% |
| Max Drawdown | -35.63% | -54.63% |
| Current Drawdown | -1.40% | -0.18% |
Correlation
The correlation between FSNZX and VGT is 0.82, 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. VGT - Performance Comparison
In the year-to-date period, FSNZX achieves a 17.83% return, which is significantly lower than VGT's 29.70% return. 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. VGT - Expense Ratio Comparison
FSNZX has a 0.65% expense ratio, which is higher than VGT's 0.10% expense ratio.
Risk-Adjusted Performance
FSNZX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2045 Fund Class K (FSNZX) and Vanguard Information Technology ETF (VGT). 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. VGT - Dividend Comparison
FSNZX's dividend yield for the trailing twelve months is around 1.20%, more than VGT's 0.60% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSNZX Fidelity Freedom 2045 Fund Class K | 1.20% | 1.41% | 2.17% | 2.32% | 1.10% | 1.55% | 1.76% | 1.26% | 0.00% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% | 1.05% |
Drawdowns
FSNZX vs. VGT - Drawdown Comparison
The maximum FSNZX drawdown since its inception was -35.63%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for FSNZX and VGT. For additional features, visit the drawdowns tool.
Volatility
FSNZX vs. VGT - Volatility Comparison
The current volatility for Fidelity Freedom 2045 Fund Class K (FSNZX) is 3.16%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.35%. This indicates that FSNZX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.