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FTABX vs. FFTHX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FTABX and FFTHX is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0-0.1

Performance

FTABX vs. FFTHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Tax-Free Bond Fund (FTABX) and Fidelity Freedom 2035 Fund (FFTHX). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%JulyAugustSeptemberOctoberNovemberDecember
113.32%
246.59%
FTABX
FFTHX

Key characteristics

Sharpe Ratio

FTABX:

0.37

FFTHX:

1.37

Sortino Ratio

FTABX:

0.52

FFTHX:

1.95

Omega Ratio

FTABX:

1.08

FFTHX:

1.24

Calmar Ratio

FTABX:

0.23

FFTHX:

0.71

Martin Ratio

FTABX:

1.37

FFTHX:

8.24

Ulcer Index

FTABX:

0.96%

FFTHX:

1.56%

Daily Std Dev

FTABX:

3.52%

FFTHX:

9.39%

Max Drawdown

FTABX:

-15.78%

FFTHX:

-50.94%

Current Drawdown

FTABX:

-3.13%

FFTHX:

-7.24%

Returns By Period

In the year-to-date period, FTABX achieves a 1.23% return, which is significantly lower than FFTHX's 11.11% return. Over the past 10 years, FTABX has underperformed FFTHX with an annualized return of 2.30%, while FFTHX has yielded a comparatively higher 3.80% annualized return.


FTABX

YTD

1.23%

1M

-1.09%

6M

0.71%

1Y

1.50%

5Y*

0.97%

10Y*

2.30%

FFTHX

YTD

11.11%

1M

-0.74%

6M

3.27%

1Y

11.86%

5Y*

2.56%

10Y*

3.80%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FTABX vs. FFTHX - Expense Ratio Comparison

FTABX has a 0.25% expense ratio, which is lower than FFTHX's 0.71% expense ratio.


FFTHX
Fidelity Freedom 2035 Fund
Expense ratio chart for FFTHX: current value at 0.71% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.71%
Expense ratio chart for FTABX: current value at 0.25% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.25%

Risk-Adjusted Performance

FTABX vs. FFTHX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Tax-Free Bond Fund (FTABX) and Fidelity Freedom 2035 Fund (FFTHX). 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.


Sharpe ratio
The chart of Sharpe ratio for FTABX, currently valued at 0.37, compared to the broader market-1.000.001.002.003.004.000.371.15
The chart of Sortino ratio for FTABX, currently valued at 0.52, compared to the broader market-2.000.002.004.006.008.0010.000.521.65
The chart of Omega ratio for FTABX, currently valued at 1.08, compared to the broader market0.501.001.502.002.503.003.501.081.21
The chart of Calmar ratio for FTABX, currently valued at 0.23, compared to the broader market0.002.004.006.008.0010.0012.0014.000.230.59
The chart of Martin ratio for FTABX, currently valued at 1.37, compared to the broader market0.0020.0040.0060.001.376.91
FTABX
FFTHX

The current FTABX Sharpe Ratio is 0.37, which is lower than the FFTHX Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of FTABX and FFTHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.37
1.15
FTABX
FFTHX

Dividends

FTABX vs. FFTHX - Dividend Comparison

FTABX's dividend yield for the trailing twelve months is around 2.78%, more than FFTHX's 1.51% yield.


TTM20232022202120202019201820172016201520142013
FTABX
Fidelity Tax-Free Bond Fund
2.78%2.90%2.85%2.40%2.60%2.84%3.02%3.07%3.37%3.58%3.62%3.86%
FFTHX
Fidelity Freedom 2035 Fund
1.51%1.60%2.27%2.30%1.06%1.53%1.67%1.12%1.40%4.20%9.03%7.08%

Drawdowns

FTABX vs. FFTHX - Drawdown Comparison

The maximum FTABX drawdown since its inception was -15.78%, smaller than the maximum FFTHX drawdown of -50.94%. Use the drawdown chart below to compare losses from any high point for FTABX and FFTHX. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.13%
-7.24%
FTABX
FFTHX

Volatility

FTABX vs. FFTHX - Volatility Comparison

The current volatility for Fidelity Tax-Free Bond Fund (FTABX) is 1.33%, while Fidelity Freedom 2035 Fund (FFTHX) has a volatility of 2.76%. This indicates that FTABX experiences smaller price fluctuations and is considered to be less risky than FFTHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%JulyAugustSeptemberOctoberNovemberDecember
1.33%
2.76%
FTABX
FFTHX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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