FUIPX vs. VSIAX

Last updated Jun 4, 2026

FUIPX (Fidelity Freedom Index 2060 Fund) and VSIAX (Vanguard Small-Cap Value Index Fund Admiral Shares) are both mutual funds - FUIPX is a Target Retirement Date fund managed by Fidelity, while VSIAX is a Small Cap Value Equities fund managed by Vanguard. Over the past 5 years, FUIPX returned 10.19%/yr vs 8.06%/yr for VSIAX. Their correlation of 0.81 suggests significant overlap in exposure. FUIPX charges 0.06%/yr vs 0.07%/yr for VSIAX.

Performance

FUIPX vs. VSIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2060 Fund (FUIPX) and Vanguard Small-Cap Value Index Fund Admiral Shares (VSIAX). 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 FUIPX having a 12.68% return and VSIAX slightly lower at 12.06%.

FUIPX

• 1D: 0.41%
• 1M: 5.63%
• YTD: 12.68%
• 6M: 13.57%
• 1Y: 28.81%
• 3Y*: 19.64%
• 5Y*: 10.19%
• 10Y*: —

VSIAX

• 1D: 0.86%
• 1M: 2.83%
• YTD: 12.06%
• 6M: 12.39%
• 1Y: 26.25%
• 3Y*: 16.60%
• 5Y*: 8.06%
• 10Y*: 10.56%

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

FUIPX vs. VSIAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FUIPX Fidelity Freedom Index 2060 Fund	12.68%	21.50%	14.23%	19.99%	-18.17%	16.00%	23.45%
VSIAX Vanguard Small-Cap Value Index Fund Admiral Shares	12.06%	9.09%	11.34%	17.06%	-9.31%	28.10%	39.05%

Correlation

The correlation between FUIPX and VSIAX is 0.74, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.74
Correlation (3Y) Calculated over the trailing 3-year period	0.78
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jun 25, 2020	0.81

The correlation between FUIPX and VSIAX has been stable across timeframes, ranging from 0.74 to 0.83 - a consistent structural relationship.

Return for Risk

FUIPX vs. VSIAX — Risk / Return Rank

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

FUIPX

FUIPX Risk / Return Rank: 71
FUIPX Sharpe Ratio Rank: 75
FUIPX Sortino Ratio Rank: 69
FUIPX Omega Ratio Rank: 68
FUIPX Calmar Ratio Rank: 69
FUIPX Martin Ratio Rank: 75

VSIAX

VSIAX Risk / Return Rank: 48
VSIAX Sharpe Ratio Rank: 40
VSIAX Sortino Ratio Rank: 41
VSIAX Omega Ratio Rank: 36
VSIAX Calmar Ratio Rank: 67
VSIAX Martin Ratio Rank: 56

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.

FUIPX vs. VSIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2060 Fund (FUIPX) and Vanguard Small-Cap Value Index Fund Admiral Shares (VSIAX). 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.

	FUIPX	VSIAX	Difference
Sharpe ratio: Return per unit of total volatility	2.51	1.84	+0.67
Sortino ratio: Return per unit of downside risk	3.46	2.70	+0.76
Omega ratio: Gain probability vs. loss probability	1.46	1.32	+0.14
Calmar ratio: Return relative to maximum drawdown	3.22	3.16	+0.07
Martin ratio: Return relative to average drawdown	14.24	11.18	+3.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FUIPX vs. VSIAX - Sharpe Ratio Comparison

The current FUIPX Sharpe Ratio is 2.51, which is higher than the VSIAX Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of FUIPX and VSIAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FUIPX	VSIAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	1.84	+0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.41	+0.30
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.00	0.59	+0.42

Drawdowns

FUIPX vs. VSIAX - Drawdown Comparison

The maximum FUIPX drawdown since its inception was -26.20%, smaller than the maximum VSIAX drawdown of -45.39%. Use the drawdown chart below to compare losses from any high point for FUIPX and VSIAX.

Drawdown Indicators

	FUIPX	VSIAX	Difference
Max Drawdown Largest peak-to-trough decline	-26.20%	-45.39%	+19.19%
Max Drawdown (1Y) Largest decline over 1 year	-9.06%	-8.87%	-0.19%
Max Drawdown (3Y) Largest decline over 3 years	-14.72%	-24.09%	+9.37%
Max Drawdown (5Y) Largest decline over 5 years	-26.20%	-24.09%	-2.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-45.39%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.37%	-5.50%	+0.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	2.50%	-0.45%

Volatility

FUIPX vs. VSIAX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2060 Fund (FUIPX) is 3.53%, while Vanguard Small-Cap Value Index Fund Admiral Shares (VSIAX) has a volatility of 4.09%. This indicates that FUIPX experiences smaller price fluctuations and is considered to be less risky than VSIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FUIPX	VSIAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.53%	4.09%	-0.56%
Volatility (6M) Calculated over the trailing 6-month period	9.42%	10.43%	-1.01%
Volatility (1Y) Calculated over the trailing 1-year period	11.64%	15.19%	-3.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.40%	19.77%	-5.37%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.20%	22.46%	-8.26%

FUIPX vs. VSIAX - Expense Ratio Comparison

FUIPX has a 0.06% expense ratio, which is lower than VSIAX's 0.07% 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%.

Dividends

FUIPX vs. VSIAX - Dividend Comparison

FUIPX's dividend yield for the trailing twelve months is around 1.73%, less than VSIAX's 1.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FUIPX Fidelity Freedom Index 2060 Fund	1.73%	2.00%	2.01%	1.96%	2.05%	1.97%	1.65%	0.00%	0.00%	0.00%	0.00%	0.00%
VSIAX Vanguard Small-Cap Value Index Fund Admiral Shares	1.75%	1.95%	1.98%	2.10%	2.03%	1.75%	1.68%	2.06%	2.35%	1.79%	1.77%	1.99%

Frequently Asked Questions

Can I hold both FUIPX and VSIAX in my portfolio?

FUIPX and VSIAX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FUIPX or VSIAX?

VSIAX has higher volatility (4.09%) compared to FUIPX (3.53%). In terms of maximum drawdown, FUIPX dropped -26.20% vs VSIAX's -45.39%.

Which has better risk-adjusted returns?

FUIPX currently has the higher Sharpe Ratio (2.51 vs 1.84), 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.