FTYJX vs. PPLIX

Last updated Jul 3, 2026

FTYJX (Fidelity Advisor Freedom Blend 2030 Fund Class M) and PPLIX (Principal LifeTime 2050 Fund) are both Target Retirement Date funds. Over the past 5 years, FTYJX returned 5.88%/yr vs 8.89%/yr for PPLIX. Their correlation of 0.94 suggests significant overlap in exposure. FTYJX charges 0.96%/yr vs 0.01%/yr for PPLIX.

Performance

FTYJX vs. PPLIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom Blend 2030 Fund Class M (FTYJX) and Principal LifeTime 2050 Fund (PPLIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FTYJX having a 8.31% return and PPLIX slightly lower at 7.90%.

FTYJX

• 1D: -0.59%
• 1M: -0.44%
• 6M: 8.31%
• YTD: 8.31%
• 1Y: 16.22%
• 3Y*: 13.48%
• 5Y*: 5.88%
• 10Y*: —

PPLIX

• 1D: -0.61%
• 1M: -1.41%
• 6M: 7.90%
• YTD: 7.90%
• 1Y: 16.34%
• 3Y*: 17.43%
• 5Y*: 8.89%
• 10Y*: 11.53%

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

FTYJX vs. PPLIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FTYJX Fidelity Advisor Freedom Blend 2030 Fund Class M	8.31%	16.27%	10.24%	14.73%	-17.92%	10.53%	14.63%	21.99%	-9.59%
PPLIX Principal LifeTime 2050 Fund	7.90%	17.55%	19.12%	20.36%	-18.78%	17.04%	16.56%	26.67%	-13.28%

Correlation

The correlation between FTYJX and PPLIX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Aug 31, 2018	0.94

The correlation between FTYJX and PPLIX has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.

Return for Risk

FTYJX vs. PPLIX — Risk / Return Rank

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

FTYJX

FTYJX Risk / Return Rank: 61
FTYJX Sharpe Ratio Rank: 59
FTYJX Sortino Ratio Rank: 59
FTYJX Omega Ratio Rank: 63
FTYJX Calmar Ratio Rank: 59
FTYJX Martin Ratio Rank: 66

PPLIX

PPLIX Risk / Return Rank: 38
PPLIX Sharpe Ratio Rank: 35
PPLIX Sortino Ratio Rank: 34
PPLIX Omega Ratio Rank: 35
PPLIX Calmar Ratio Rank: 39
PPLIX Martin Ratio Rank: 49

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.

FTYJX vs. PPLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Blend 2030 Fund Class M (FTYJX) and Principal LifeTime 2050 Fund (PPLIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FTYJX	PPLIX	Difference
Sharpe ratio: Return per unit of total volatility	1.75	1.36	+0.39
Sortino ratio: Return per unit of downside risk	2.47	1.93	+0.54
Omega ratio: Gain probability vs. loss probability	1.33	1.25	+0.08
Calmar ratio: Return relative to maximum drawdown	2.40	1.95	+0.45
Martin ratio: Return relative to average drawdown	10.16	8.46	+1.70

FTYJX vs. PPLIX - Sharpe Ratio Comparison

The current FTYJX Sharpe Ratio is 1.75, which is comparable to the PPLIX Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of FTYJX and PPLIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTYJX vs. PPLIX - Drawdown Comparison

The maximum FTYJX drawdown since its inception was -25.04%, smaller than the maximum PPLIX drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for FTYJX and PPLIX.

Drawdown Indicators

	FTYJX	PPLIX	Difference
Max Drawdown Largest peak-to-trough decline	-25.04%	-55.61%	+30.57%
Max Drawdown (1Y) Largest decline over 1 year	-6.87%	-8.57%	+1.70%
Max Drawdown (3Y) Largest decline over 3 years	-10.16%	-15.59%	+5.43%
Max Drawdown (5Y) Largest decline over 5 years	-25.04%	-26.85%	+1.81%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.67%	—
Current Drawdown Current decline from peak	-0.88%	-1.41%	+0.53%
Average Drawdown Average peak-to-trough decline	-5.46%	-8.28%	+2.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.62%	1.97%	-0.35%

Volatility

FTYJX vs. PPLIX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom Blend 2030 Fund Class M (FTYJX) is 4.18%, while Principal LifeTime 2050 Fund (PPLIX) has a volatility of 5.04%. This indicates that FTYJX experiences smaller price fluctuations and is considered to be less risky than PPLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTYJX	PPLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.18%	5.04%	-0.86%
Volatility (6M) Calculated over the trailing 6-month period	8.09%	10.25%	-2.16%
Volatility (1Y) Calculated over the trailing 1-year period	9.44%	12.30%	-2.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.97%	15.60%	-4.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.31%	15.54%	-3.23%

FTYJX vs. PPLIX - Expense Ratio Comparison

FTYJX has a 0.96% expense ratio, which is higher than PPLIX's 0.01% expense ratio.

Dividends

FTYJX vs. PPLIX - Dividend Comparison

FTYJX's dividend yield for the trailing twelve months is around 3.17%, less than PPLIX's 9.22% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTYJX Fidelity Advisor Freedom Blend 2030 Fund Class M	3.17%	2.52%	3.37%	1.79%	4.95%	6.72%	4.10%	3.03%	2.72%	0.00%	0.00%	0.00%
PPLIX Principal LifeTime 2050 Fund	9.22%	9.95%	11.56%	4.41%	9.40%	8.04%	5.23%	7.16%	8.64%	5.12%	4.82%	6.07%

Frequently Asked Questions

Can I hold both FTYJX and PPLIX in my portfolio?

With a correlation of 0.96, FTYJX and PPLIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FTYJX or PPLIX?

PPLIX has higher volatility (5.04%) compared to FTYJX (4.18%). In terms of maximum drawdown, FTYJX dropped -25.04% vs PPLIX's -55.61%.

Which has better risk-adjusted returns?

FTYJX currently has the higher Sharpe Ratio (1.75 vs 1.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.