FSXAX vs. FFGZX
Compare and contrast key facts about Fidelity Sustainable Target Date 2030 Fund (FSXAX) and Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX).
FSXAX is an actively managed fund by Fidelity. It was launched on May 11, 2023. FFGZX is managed by Fidelity. It was launched on Oct 2, 2009.
Performance
FSXAX vs. FFGZX - Performance Comparison
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FSXAX vs. FFGZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FSXAX Fidelity Sustainable Target Date 2030 Fund | -2.73% | 16.00% | 10.39% | 9.40% |
FFGZX Fidelity Freedom Index Income Fund Institutional Premium Class | -0.78% | 9.13% | 5.02% | 5.57% |
Returns By Period
In the year-to-date period, FSXAX achieves a -2.73% return, which is significantly lower than FFGZX's -0.78% return.
FSXAX
- 1D
- 0.00%
- 1M
- -6.59%
- YTD
- -2.73%
- 6M
- -0.61%
- 1Y
- 11.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FFGZX
- 1D
- 0.25%
- 1M
- -3.09%
- YTD
- -0.78%
- 6M
- 0.46%
- 1Y
- 6.37%
- 3Y*
- 5.94%
- 5Y*
- 2.62%
- 10Y*
- 3.87%
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FSXAX vs. FFGZX - Expense Ratio Comparison
FSXAX has a 0.46% expense ratio, which is higher than FFGZX's 0.08% expense ratio.
Return for Risk
FSXAX vs. FFGZX — Risk / Return Rank
FSXAX
FFGZX
FSXAX vs. FFGZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Target Date 2030 Fund (FSXAX) and Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX). 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.
| FSXAX | FFGZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 1.51 | -0.40 |
Sortino ratioReturn per unit of downside risk | 1.61 | 2.12 | -0.51 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.30 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.99 | -0.59 |
Martin ratioReturn relative to average drawdown | 6.23 | 8.42 | -2.18 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FSXAX | FFGZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 1.51 | -0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.52 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.21 | 0.84 | +0.37 |
Correlation
The correlation between FSXAX and FFGZX 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
FSXAX vs. FFGZX - Dividend Comparison
FSXAX's dividend yield for the trailing twelve months is around 2.27%, less than FFGZX's 3.46% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSXAX Fidelity Sustainable Target Date 2030 Fund | 2.27% | 2.21% | 3.97% | 1.49% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FFGZX Fidelity Freedom Index Income Fund Institutional Premium Class | 3.46% | 3.30% | 3.18% | 2.88% | 3.11% | 2.10% | 2.22% | 7.35% | 3.00% | 1.95% | 1.56% | 1.06% |
Drawdowns
FSXAX vs. FFGZX - Drawdown Comparison
The maximum FSXAX drawdown since its inception was -10.04%, smaller than the maximum FFGZX drawdown of -14.94%. Use the drawdown chart below to compare losses from any high point for FSXAX and FFGZX.
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Drawdown Indicators
| FSXAX | FFGZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.04% | -14.94% | +4.90% |
Max Drawdown (1Y)Largest decline over 1 year | -7.93% | -3.33% | -4.60% |
Max Drawdown (5Y)Largest decline over 5 years | — | -14.94% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -14.94% | — |
Current DrawdownCurrent decline from peak | -6.87% | -3.09% | -3.78% |
Average DrawdownAverage peak-to-trough decline | -1.50% | -2.29% | +0.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.79% | 0.79% | +1.00% |
Volatility
FSXAX vs. FFGZX - Volatility Comparison
Fidelity Sustainable Target Date 2030 Fund (FSXAX) has a higher volatility of 3.98% compared to Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX) at 1.85%. This indicates that FSXAX's price experiences larger fluctuations and is considered to be riskier than FFGZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSXAX | FFGZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.98% | 1.85% | +2.13% |
Volatility (6M)Calculated over the trailing 6-month period | 6.44% | 2.78% | +3.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.87% | 4.35% | +6.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.57% | 5.03% | +4.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.57% | 4.39% | +5.18% |