Correlation
The correlation between FULSX and VOO is 0.87, 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.
FULSX vs. VOO
Compare and contrast key facts about Fidelity Flex Freedom Blend 2020 Fund (FULSX) and Vanguard S&P 500 ETF (VOO).
FULSX is managed by Fidelity. It was launched on Jun 8, 2017. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FULSX or VOO.
Performance
FULSX vs. VOO - Performance Comparison
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Key characteristics
FULSX:
1.01
VOO:
0.74
FULSX:
1.34
VOO:
1.04
FULSX:
1.18
VOO:
1.15
FULSX:
1.11
VOO:
0.68
FULSX:
4.48
VOO:
2.58
FULSX:
1.81%
VOO:
4.93%
FULSX:
8.82%
VOO:
19.54%
FULSX:
-25.12%
VOO:
-33.99%
FULSX:
-0.09%
VOO:
-3.55%
Returns By Period
In the year-to-date period, FULSX achieves a 4.26% return, which is significantly higher than VOO's 0.90% return.
FULSX
4.26%
2.06%
1.72%
8.81%
6.13%
4.92%
N/A
VOO
0.90%
6.28%
-1.46%
14.27%
14.31%
15.89%
12.81%
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FULSX vs. VOO - Expense Ratio Comparison
FULSX has a 0.00% expense ratio, which is lower than VOO's 0.03% 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
FULSX vs. VOO — Risk-Adjusted Performance Rank
FULSX
VOO
FULSX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2020 Fund (FULSX) and Vanguard S&P 500 ETF (VOO). 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.
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Dividends
FULSX vs. VOO - Dividend Comparison
FULSX's dividend yield for the trailing twelve months is around 3.28%, more than VOO's 1.29% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FULSX Fidelity Flex Freedom Blend 2020 Fund | 3.28% | 2.85% | 2.82% | 5.22% | 6.27% | 4.48% | 6.03% | 6.48% | 2.62% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FULSX vs. VOO - Drawdown Comparison
The maximum FULSX drawdown since its inception was -25.12%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FULSX and VOO.
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Volatility
FULSX vs. VOO - Volatility Comparison
The current volatility for Fidelity Flex Freedom Blend 2020 Fund (FULSX) is 1.95%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.84%. This indicates that FULSX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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