FTLSX vs. USMV
Compare and contrast key facts about Fidelity Flex Freedom Blend Income Fund (FTLSX) and iShares Edge MSCI Min Vol USA ETF (USMV).
FTLSX is managed by Fidelity. It was launched on Jun 8, 2017. USMV is a passively managed fund by iShares that tracks the performance of the MSCI USA Minimum Volatility Index. It was launched on Oct 18, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTLSX or USMV.
Correlation
The correlation between FTLSX and USMV is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FTLSX vs. USMV - Performance Comparison
Key characteristics
FTLSX:
1.64
USMV:
2.08
FTLSX:
2.40
USMV:
2.90
FTLSX:
1.31
USMV:
1.38
FTLSX:
0.98
USMV:
2.70
FTLSX:
6.51
USMV:
8.56
FTLSX:
1.15%
USMV:
2.16%
FTLSX:
4.58%
USMV:
8.89%
FTLSX:
-17.76%
USMV:
-33.10%
FTLSX:
-0.38%
USMV:
-0.43%
Returns By Period
In the year-to-date period, FTLSX achieves a 2.13% return, which is significantly lower than USMV's 5.56% return.
FTLSX
2.13%
1.18%
1.70%
7.75%
1.71%
N/A
USMV
5.56%
3.34%
5.40%
18.18%
8.13%
10.50%
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FTLSX vs. USMV - Expense Ratio Comparison
FTLSX has a 0.00% expense ratio, which is lower than USMV's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FTLSX vs. USMV — Risk-Adjusted Performance Rank
FTLSX
USMV
FTLSX vs. USMV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend Income Fund (FTLSX) and iShares Edge MSCI Min Vol USA ETF (USMV). 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.
Dividends
FTLSX vs. USMV - Dividend Comparison
FTLSX's dividend yield for the trailing twelve months is around 3.33%, more than USMV's 1.59% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTLSX Fidelity Flex Freedom Blend Income Fund | 3.33% | 3.37% | 3.19% | 3.93% | 2.62% | 1.58% | 2.41% | 2.51% | 1.38% | 0.00% | 0.00% | 0.00% |
USMV iShares Edge MSCI Min Vol USA ETF | 1.59% | 1.67% | 1.82% | 1.62% | 1.26% | 1.81% | 1.88% | 2.12% | 1.77% | 2.22% | 2.02% | 1.88% |
Drawdowns
FTLSX vs. USMV - Drawdown Comparison
The maximum FTLSX drawdown since its inception was -17.76%, smaller than the maximum USMV drawdown of -33.10%. Use the drawdown chart below to compare losses from any high point for FTLSX and USMV. For additional features, visit the drawdowns tool.
Volatility
FTLSX vs. USMV - Volatility Comparison
The current volatility for Fidelity Flex Freedom Blend Income Fund (FTLSX) is 1.13%, while iShares Edge MSCI Min Vol USA ETF (USMV) has a volatility of 2.36%. This indicates that FTLSX experiences smaller price fluctuations and is considered to be less risky than USMV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.