FSNZX vs. VOO
Compare and contrast key facts about Fidelity Freedom 2045 Fund Class K (FSNZX) and Vanguard S&P 500 ETF (VOO).
FSNZX is managed by Fidelity. It was launched on Jul 20, 2017. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSNZX or VOO.
Correlation
The correlation between FSNZX and VOO 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
FSNZX vs. VOO - Performance Comparison
Key characteristics
FSNZX:
1.40
VOO:
1.95
FSNZX:
1.94
VOO:
2.60
FSNZX:
1.25
VOO:
1.36
FSNZX:
1.03
VOO:
2.97
FSNZX:
7.58
VOO:
12.47
FSNZX:
2.18%
VOO:
2.01%
FSNZX:
11.85%
VOO:
12.89%
FSNZX:
-35.63%
VOO:
-33.99%
FSNZX:
-1.92%
VOO:
-1.30%
Returns By Period
In the year-to-date period, FSNZX achieves a 3.41% return, which is significantly higher than VOO's 2.71% return.
FSNZX
3.41%
3.26%
4.47%
15.76%
5.14%
N/A
VOO
2.71%
2.30%
10.08%
24.27%
15.19%
13.75%
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FSNZX vs. VOO - Expense Ratio Comparison
FSNZX has a 0.65% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FSNZX vs. VOO — Risk-Adjusted Performance Rank
FSNZX
VOO
FSNZX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2045 Fund Class K (FSNZX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FSNZX's dividend yield for the trailing twelve months is around 1.44%, more than VOO's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSNZX Fidelity Freedom 2045 Fund Class K | 1.44% | 1.49% | 1.41% | 2.17% | 2.32% | 1.10% | 1.55% | 1.76% | 1.26% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.21% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FSNZX vs. VOO - Drawdown Comparison
The maximum FSNZX drawdown since its inception was -35.63%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FSNZX and VOO. For additional features, visit the drawdowns tool.
Volatility
FSNZX vs. VOO - Volatility Comparison
The current volatility for Fidelity Freedom 2045 Fund Class K (FSNZX) is 3.85%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.21%. This indicates that FSNZX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.