FSNZX vs. VSEQX
Compare and contrast key facts about Fidelity Freedom 2045 Fund Class K (FSNZX) and Vanguard Strategic Equity Fund (VSEQX).
FSNZX is managed by Fidelity. It was launched on Jul 20, 2017. VSEQX is managed by Vanguard. It was launched on Aug 14, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSNZX or VSEQX.
Key characteristics
| FSNZX | VSEQX | |
|---|---|---|
| YTD Return | 9.93% | 8.09% |
| 1Y Return | 21.84% | 26.04% |
| 3Y Return (Ann) | 4.74% | 7.58% |
| 5Y Return (Ann) | 11.01% | 12.58% |
| Sharpe Ratio | 2.07 | 1.48 |
| Daily Std Dev | 10.76% | 18.41% |
| Max Drawdown | -30.92% | -63.55% |
| Current Drawdown | -0.15% | -1.41% |
Correlation
The correlation between FSNZX and VSEQX is 0.90, 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. VSEQX - Performance Comparison
In the year-to-date period, FSNZX achieves a 9.93% return, which is significantly higher than VSEQX's 8.09% 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. VSEQX - Expense Ratio Comparison
FSNZX has a 0.65% expense ratio, which is higher than VSEQX's 0.17% expense ratio.
Risk-Adjusted Performance
FSNZX vs. VSEQX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2045 Fund Class K (FSNZX) and Vanguard Strategic Equity Fund (VSEQX). 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. VSEQX - Dividend Comparison
FSNZX's dividend yield for the trailing twelve months is around 1.54%, less than VSEQX's 5.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSNZX Fidelity Freedom 2045 Fund Class K | 1.54% | 1.99% | 12.13% | 12.05% | 5.08% | 6.60% | 7.94% | 2.87% | 0.00% | 0.00% | 0.00% | 0.00% |
VSEQX Vanguard Strategic Equity Fund | 5.66% | 6.11% | 11.77% | 21.36% | 1.77% | 2.92% | 10.34% | 8.40% | 3.13% | 12.28% | 5.82% | 1.20% |
Drawdowns
FSNZX vs. VSEQX - Drawdown Comparison
The maximum FSNZX drawdown since its inception was -30.92%, smaller than the maximum VSEQX drawdown of -63.55%. Use the drawdown chart below to compare losses from any high point for FSNZX and VSEQX. For additional features, visit the drawdowns tool.
Volatility
FSNZX vs. VSEQX - Volatility Comparison
The current volatility for Fidelity Freedom 2045 Fund Class K (FSNZX) is 3.24%, while Vanguard Strategic Equity Fund (VSEQX) has a volatility of 3.52%. This indicates that FSNZX experiences smaller price fluctuations and is considered to be less risky than VSEQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.