FSST vs. FXIFX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Sustainability U.S. Equity ETF (FSST) and Fidelity Freedom Index 2030 Fund Investor Class (FXIFX).

FSST is a passively managed fund by Fidelity that tracks the performance of the Russell 3000. It was launched on Jun 15, 2021. FXIFX is managed by Fidelity. It was launched on Oct 2, 2009.

Performance

FSST vs. FXIFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Sustainability U.S. Equity ETF (FSST) and Fidelity Freedom Index 2030 Fund Investor Class (FXIFX). The values are adjusted to include any dividend payments, if applicable.

FSST vs. FXIFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FSST Fidelity Sustainability U.S. Equity ETF	0.00%	15.40%	21.40%	25.49%	-18.30%	12.81%
FXIFX Fidelity Freedom Index 2030 Fund Investor Class	-2.61%	15.89%	9.50%	15.10%	-16.55%	3.83%

Returns By Period

FSST

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FXIFX

• 1D: 0.14%
• 1M: -6.14%
• YTD: -2.61%
• 6M: -0.52%
• 1Y: 11.87%
• 3Y*: 10.36%
• 5Y*: 5.23%
• 10Y*: 8.19%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSST vs. FXIFX - Expense Ratio Comparison

FSST has a 0.59% expense ratio, which is higher than FXIFX's 0.12% expense ratio.

FSST

Fidelity Sustainability U.S. Equity ETF

FXIFX

Fidelity Freedom Index 2030 Fund Investor Class

Return for Risk

FSST vs. FXIFX — Risk / Return Rank

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

FXIFX

FXIFX Risk / Return Rank: 69
FXIFX Sharpe Ratio Rank: 70
FXIFX Sortino Ratio Rank: 70
FXIFX Omega Ratio Rank: 69
FXIFX Calmar Ratio Rank: 66
FXIFX Martin Ratio Rank: 71

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.

FSST vs. FXIFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainability U.S. Equity ETF (FSST) and Fidelity Freedom Index 2030 Fund Investor Class (FXIFX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FSST	FXIFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.20	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.51	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.73	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.70	—

Correlation

The correlation between FSST and FXIFX is 0.85, 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

FSST vs. FXIFX - Dividend Comparison

FSST's dividend yield for the trailing twelve months is around 0.14%, less than FXIFX's 3.43% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSST Fidelity Sustainability U.S. Equity ETF	0.14%	0.19%	2.01%	0.68%	1.00%	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FXIFX Fidelity Freedom Index 2030 Fund Investor Class	3.43%	3.34%	2.67%	2.26%	2.69%	2.13%	2.40%	16.73%	2.13%	1.84%	1.94%	2.02%

Drawdowns

Drawdown Indicators

	FSST	FXIFX	Difference
Max Drawdown Largest peak-to-trough decline	—	-23.90%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-7.46%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.28%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-23.90%	—
Current Drawdown Current decline from peak	—	-6.30%	—
Average Drawdown Average peak-to-trough decline	—	-3.63%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.67%	—

Volatility

Volatility by Period

	FSST	FXIFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.54%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	10.09%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	10.28%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	11.21%	—