FUIPX vs. VSTSX

Last updated Jun 4, 2026

FUIPX (Fidelity Freedom Index 2060 Fund) and VSTSX (Vanguard Total Stock Market Index Fund Institutional Select Shares) are both mutual funds - FUIPX is a Target Retirement Date fund managed by Fidelity, while VSTSX is a Large Cap Blend Equities fund managed by Vanguard. Over the past 5 years, FUIPX returned 10.19%/yr vs 13.07%/yr for VSTSX. With a 0.96 correlation, they move nearly in lockstep. FUIPX charges 0.06%/yr vs 0.01%/yr for VSTSX.

Performance

FUIPX vs. VSTSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2060 Fund (FUIPX) and Vanguard Total Stock Market Index Fund Institutional Select Shares (VSTSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FUIPX achieves a 12.68% return, which is significantly higher than VSTSX's 11.99% return.

FUIPX

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

VSTSX

• 1D: 0.24%
• 1M: 5.76%
• YTD: 11.99%
• 6M: 11.89%
• 1Y: 29.14%
• 3Y*: 22.38%
• 5Y*: 13.07%
• 10Y*: —

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

FUIPX vs. VSTSX - 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%
VSTSX Vanguard Total Stock Market Index Fund Institutional Select Shares	11.99%	17.16%	23.27%	26.54%	-19.49%	25.75%	27.58%

Correlation

The correlation between FUIPX and VSTSX 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	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Jun 25, 2020	0.96

The correlation between FUIPX and VSTSX has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

FUIPX vs. VSTSX — 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

VSTSX

VSTSX Risk / Return Rank: 72
VSTSX Sharpe Ratio Rank: 72
VSTSX Sortino Ratio Rank: 65
VSTSX Omega Ratio Rank: 63
VSTSX Calmar Ratio Rank: 75
VSTSX Martin Ratio Rank: 83

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. VSTSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2060 Fund (FUIPX) and Vanguard Total Stock Market Index Fund Institutional Select Shares (VSTSX). 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	VSTSX	Difference
Sharpe ratio: Return per unit of total volatility	2.51	2.47	+0.04
Sortino ratio: Return per unit of downside risk	3.46	3.37	+0.10
Omega ratio: Gain probability vs. loss probability	1.46	1.44	+0.02
Calmar ratio: Return relative to maximum drawdown	3.22	3.38	-0.16
Martin ratio: Return relative to average drawdown	14.24	15.60	-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.

FUIPX vs. VSTSX - Sharpe Ratio Comparison

The current FUIPX Sharpe Ratio is 2.51, which is comparable to the VSTSX Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of FUIPX and VSTSX, 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	VSTSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	2.47	+0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.76	-0.05
Sharpe Ratio (All Time) Calculated using the full available price history	1.00	0.80	+0.20

Drawdowns

FUIPX vs. VSTSX - Drawdown Comparison

The maximum FUIPX drawdown since its inception was -26.20%, smaller than the maximum VSTSX drawdown of -34.97%. Use the drawdown chart below to compare losses from any high point for FUIPX and VSTSX.

Drawdown Indicators

	FUIPX	VSTSX	Difference
Max Drawdown Largest peak-to-trough decline	-26.20%	-34.97%	+8.77%
Max Drawdown (1Y) Largest decline over 1 year	-9.06%	-8.92%	-0.14%
Max Drawdown (3Y) Largest decline over 3 years	-14.72%	-19.36%	+4.64%
Max Drawdown (5Y) Largest decline over 5 years	-26.20%	-25.35%	-0.85%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.37%	-4.89%	-0.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.05%	1.93%	+0.12%

Volatility

FUIPX vs. VSTSX - Volatility Comparison

Fidelity Freedom Index 2060 Fund (FUIPX) has a higher volatility of 3.53% compared to Vanguard Total Stock Market Index Fund Institutional Select Shares (VSTSX) at 2.95%. This indicates that FUIPX's price experiences larger fluctuations and is considered to be riskier than VSTSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FUIPX	VSTSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.53%	2.95%	+0.58%
Volatility (6M) Calculated over the trailing 6-month period	9.42%	9.19%	+0.23%
Volatility (1Y) Calculated over the trailing 1-year period	11.64%	12.19%	-0.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.40%	17.36%	-2.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.20%	18.76%	-4.56%

FUIPX vs. VSTSX - Expense Ratio Comparison

FUIPX has a 0.06% expense ratio, which is higher than VSTSX's 0.01% expense ratio. However, 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. VSTSX - Dividend Comparison

FUIPX's dividend yield for the trailing twelve months is around 1.73%, more than VSTSX's 1.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
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%
VSTSX Vanguard Total Stock Market Index Fund Institutional Select Shares	1.02%	1.13%	1.27%	1.43%	1.67%	1.23%	1.44%	1.79%	2.07%	1.74%

Frequently Asked Questions

Can I hold both FUIPX and VSTSX in my portfolio?

With a correlation of 0.96, FUIPX and VSTSX 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, FUIPX or VSTSX?

FUIPX has higher volatility (3.53%) compared to VSTSX (2.95%). In terms of maximum drawdown, FUIPX dropped -26.20% vs VSTSX's -34.97%.

Which has better risk-adjusted returns?

FUIPX currently has the higher Sharpe Ratio (2.51 vs 2.47), 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.