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FSNZX vs. VSEQX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSNZX vs. VSEQX - Performance Comparison

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

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FSNZX vs. VSEQX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSNZX
Fidelity Freedom 2045 Fund Class K
-0.38%23.75%14.20%20.66%-18.25%16.70%18.36%25.55%-8.89%7.39%
VSEQX
Vanguard Strategic Equity Fund
1.73%15.32%16.67%19.31%-11.90%30.83%10.26%26.76%-11.86%4.69%

Returns By Period

In the year-to-date period, FSNZX achieves a -0.38% return, which is significantly lower than VSEQX's 1.73% return.


FSNZX

1D
2.99%
1M
-5.66%
YTD
-0.38%
6M
3.05%
1Y
22.64%
3Y*
16.60%
5Y*
8.63%
10Y*

VSEQX

1D
2.86%
1M
-4.48%
YTD
1.73%
6M
4.20%
1Y
24.89%
3Y*
16.51%
5Y*
10.14%
10Y*
11.81%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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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.


Return for Risk

FSNZX vs. VSEQX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSNZX
FSNZX Risk / Return Rank: 7878
Overall Rank
FSNZX Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
FSNZX Sortino Ratio Rank: 7979
Sortino Ratio Rank
FSNZX Omega Ratio Rank: 7777
Omega Ratio Rank
FSNZX Calmar Ratio Rank: 7676
Calmar Ratio Rank
FSNZX Martin Ratio Rank: 8282
Martin Ratio Rank

VSEQX
VSEQX Risk / Return Rank: 7272
Overall Rank
VSEQX Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
VSEQX Sortino Ratio Rank: 7070
Sortino Ratio Rank
VSEQX Omega Ratio Rank: 6666
Omega Ratio Rank
VSEQX Calmar Ratio Rank: 7474
Calmar Ratio Rank
VSEQX Martin Ratio Rank: 8383
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSNZX vs. VSEQX - Risk-Adjusted Trends 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.


FSNZXVSEQXDifference

Sharpe ratio

Return per unit of total volatility

1.46

1.22

+0.23

Sortino ratio

Return per unit of downside risk

2.06

1.79

+0.28

Omega ratio

Gain probability vs. loss probability

1.31

1.26

+0.05

Calmar ratio

Return relative to maximum drawdown

1.89

1.79

+0.10

Martin ratio

Return relative to average drawdown

8.44

8.54

-0.10

FSNZX vs. VSEQX - Sharpe Ratio Comparison

The current FSNZX Sharpe Ratio is 1.46, which is comparable to the VSEQX Sharpe Ratio of 1.22. The chart below compares the historical Sharpe Ratios of FSNZX and VSEQX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FSNZXVSEQXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.46

1.22

+0.23

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.58

0.51

+0.07

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.55

Sharpe Ratio (All Time)

Calculated using the full available price history

0.65

0.48

+0.17

Correlation

The correlation between FSNZX and VSEQX is 0.89, 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.


Dividends

FSNZX vs. VSEQX - Dividend Comparison

FSNZX's dividend yield for the trailing twelve months is around 4.43%, less than VSEQX's 10.97% yield.


TTM20252024202320222021202020192018201720162015
FSNZX
Fidelity Freedom 2045 Fund Class K
4.43%4.41%2.26%1.99%12.13%12.05%5.08%6.60%7.94%2.87%0.00%0.00%
VSEQX
Vanguard Strategic Equity Fund
10.97%11.16%11.36%6.11%11.77%21.36%1.77%2.92%10.34%7.05%3.13%12.28%

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.


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Drawdown Indicators


FSNZXVSEQXDifference

Max Drawdown

Largest peak-to-trough decline

-30.92%

-63.55%

+32.63%

Max Drawdown (1Y)

Largest decline over 1 year

-11.23%

-14.30%

+3.07%

Max Drawdown (5Y)

Largest decline over 5 years

-27.30%

-24.73%

-2.57%

Max Drawdown (10Y)

Largest decline over 10 years

-44.08%

Current Drawdown

Current decline from peak

-6.82%

-4.96%

-1.86%

Average Drawdown

Average peak-to-trough decline

-5.69%

-9.11%

+3.42%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.51%

3.00%

-0.49%

Volatility

FSNZX vs. VSEQX - Volatility Comparison

Fidelity Freedom 2045 Fund Class K (FSNZX) has a higher volatility of 6.48% compared to Vanguard Strategic Equity Fund (VSEQX) at 6.00%. This indicates that FSNZX's price experiences larger fluctuations and is considered to be riskier than VSEQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSNZXVSEQXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.48%

6.00%

+0.48%

Volatility (6M)

Calculated over the trailing 6-month period

9.82%

11.71%

-1.89%

Volatility (1Y)

Calculated over the trailing 1-year period

16.14%

20.91%

-4.77%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.90%

20.00%

-5.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.98%

21.42%

-5.44%