FTLSX vs. FSNQX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Flex Freedom Blend Income Fund (FTLSX) and Fidelity Freedom 2030 Fund Class K (FSNQX).

FTLSX is managed by Fidelity. It was launched on Jun 8, 2017. FSNQX is managed by Fidelity. It was launched on Jul 20, 2017.

Performance

FTLSX vs. FSNQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Flex Freedom Blend Income Fund (FTLSX) and Fidelity Freedom 2030 Fund Class K (FSNQX). The values are adjusted to include any dividend payments, if applicable.

FTLSX vs. FSNQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTLSX Fidelity Flex Freedom Blend Income Fund	-0.50%	10.31%	4.72%	8.60%	-11.33%	3.30%	9.04%	10.97%	-1.40%	2.84%
FSNQX Fidelity Freedom 2030 Fund Class K	-2.05%	17.70%	12.33%	15.46%	-16.87%	11.59%	15.76%	21.87%	-9.21%	6.54%

Returns By Period

In the year-to-date period, FTLSX achieves a -0.50% return, which is significantly higher than FSNQX's -2.05% return.

FTLSX

• 1D: 0.20%
• 1M: -3.46%
• YTD: -0.50%
• 6M: 0.89%
• 1Y: 7.42%
• 3Y*: 6.37%
• 5Y*: 2.81%
• 10Y*: —

FSNQX

• 1D: 0.05%
• 1M: -6.59%
• YTD: -2.05%
• 6M: 0.51%
• 1Y: 13.99%
• 3Y*: 12.17%
• 5Y*: 6.07%
• 10Y*: —

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

FTLSX vs. FSNQX - Expense Ratio Comparison

FTLSX has a 0.00% expense ratio, which is lower than FSNQX's 0.58% expense ratio.

FSNQX

Fidelity Freedom 2030 Fund Class K

FTLSX

Fidelity Flex Freedom Blend Income Fund

Return for Risk

FTLSX vs. FSNQX — Risk / Return Rank

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

FTLSX

FTLSX Risk / Return Rank: 83
FTLSX Sharpe Ratio Rank: 83
FTLSX Sortino Ratio Rank: 83
FTLSX Omega Ratio Rank: 80
FTLSX Calmar Ratio Rank: 83
FTLSX Martin Ratio Rank: 84

FSNQX

FSNQX Risk / Return Rank: 74
FSNQX Sharpe Ratio Rank: 75
FSNQX Sortino Ratio Rank: 76
FSNQX Omega Ratio Rank: 74
FSNQX Calmar Ratio Rank: 72
FSNQX Martin Ratio Rank: 75

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.

FTLSX vs. FSNQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend Income Fund (FTLSX) and Fidelity Freedom 2030 Fund Class K (FSNQX). 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.

	FTLSX	FSNQX	Difference
Sharpe ratio Return per unit of total volatility	1.58	1.32	+0.26
Sortino ratio Return per unit of downside risk	2.18	1.85	+0.32
Omega ratio Gain probability vs. loss probability	1.31	1.28	+0.04
Calmar ratio Return relative to maximum drawdown	2.06	1.66	+0.41
Martin ratio Return relative to average drawdown	8.61	7.25	+1.36
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTLSX vs. FSNQX - Sharpe Ratio Comparison

The current FTLSX Sharpe Ratio is 1.58, which is comparable to the FSNQX Sharpe Ratio of 1.32. The chart below compares the historical Sharpe Ratios of FTLSX and FSNQX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FTLSX	FSNQX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.58	1.32	+0.26
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.53	0.57	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.65	+0.20

Correlation

The correlation between FTLSX and FSNQX is 0.81, 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

FTLSX vs. FSNQX - Dividend Comparison

FTLSX's dividend yield for the trailing twelve months is around 3.83%, less than FSNQX's 5.60% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTLSX Fidelity Flex Freedom Blend Income Fund	3.83%	3.68%	3.37%	3.19%	5.28%	4.91%	3.06%	4.44%	4.26%	1.97%
FSNQX Fidelity Freedom 2030 Fund Class K	5.60%	5.48%	5.78%	2.01%	10.15%	10.98%	6.28%	6.88%	4.51%	3.23%

Drawdowns

FTLSX vs. FSNQX - Drawdown Comparison

The maximum FTLSX drawdown since its inception was -15.74%, smaller than the maximum FSNQX drawdown of -24.61%. Use the drawdown chart below to compare losses from any high point for FTLSX and FSNQX.

Drawdown Indicators

	FTLSX	FSNQX	Difference
Max Drawdown Largest peak-to-trough decline	-15.74%	-24.61%	+8.87%
Max Drawdown (1Y) Largest decline over 1 year	-3.65%	-7.83%	+4.18%
Max Drawdown (5Y) Largest decline over 5 years	-15.74%	-24.28%	+8.54%
Current Drawdown Current decline from peak	-3.46%	-6.82%	+3.36%
Average Drawdown Average peak-to-trough decline	-2.86%	-5.38%	+2.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.87%	1.79%	-0.92%

Volatility

FTLSX vs. FSNQX - Volatility Comparison

The current volatility for Fidelity Flex Freedom Blend Income Fund (FTLSX) is 2.12%, while Fidelity Freedom 2030 Fund Class K (FSNQX) has a volatility of 3.98%. This indicates that FTLSX experiences smaller price fluctuations and is considered to be less risky than FSNQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTLSX	FSNQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.12%	3.98%	-1.86%
Volatility (6M) Calculated over the trailing 6-month period	3.10%	6.40%	-3.30%
Volatility (1Y) Calculated over the trailing 1-year period	4.82%	10.70%	-5.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.34%	10.70%	-5.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.74%	11.77%	-7.03%