Correlation
The correlation between FVLSX and VGT is 0.90, 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.
FVLSX vs. VGT
Compare and contrast key facts about Fidelity Flex Freedom Blend 2030 Fund (FVLSX) and Vanguard Information Technology ETF (VGT).
FVLSX is managed by Fidelity. It was launched on Jun 8, 2017. VGT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Information Technology 25/50 Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FVLSX or VGT.
Performance
FVLSX vs. VGT - Performance Comparison
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Key characteristics
FVLSX:
0.66
VGT:
0.47
FVLSX:
0.88
VGT:
0.71
FVLSX:
1.12
VGT:
1.10
FVLSX:
0.61
VGT:
0.40
FVLSX:
2.32
VGT:
1.29
FVLSX:
2.85%
VGT:
8.45%
FVLSX:
11.48%
VGT:
30.25%
FVLSX:
-26.24%
VGT:
-54.63%
FVLSX:
-1.20%
VGT:
-6.19%
Returns By Period
In the year-to-date period, FVLSX achieves a 4.04% return, which is significantly higher than VGT's -2.36% return.
FVLSX
4.04%
2.33%
-0.31%
7.55%
6.85%
6.43%
N/A
VGT
-2.36%
10.36%
-2.31%
13.93%
19.73%
19.26%
19.78%
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FVLSX vs. VGT - Expense Ratio Comparison
FVLSX has a 0.00% expense ratio, which is lower than VGT's 0.10% 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
FVLSX vs. VGT — Risk-Adjusted Performance Rank
FVLSX
VGT
FVLSX vs. VGT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2030 Fund (FVLSX) and Vanguard Information Technology ETF (VGT). 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
FVLSX vs. VGT - Dividend Comparison
FVLSX's dividend yield for the trailing twelve months is around 5.05%, more than VGT's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVLSX Fidelity Flex Freedom Blend 2030 Fund | 5.05% | 4.40% | 2.52% | 4.48% | 6.07% | 5.28% | 6.80% | 7.60% | 2.97% | 0.00% | 0.00% | 0.00% |
VGT Vanguard Information Technology ETF | 0.53% | 0.60% | 0.65% | 0.91% | 0.64% | 0.82% | 1.11% | 1.29% | 0.99% | 1.31% | 1.28% | 1.12% |
Drawdowns
FVLSX vs. VGT - Drawdown Comparison
The maximum FVLSX drawdown since its inception was -26.24%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for FVLSX and VGT.
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Volatility
FVLSX vs. VGT - Volatility Comparison
The current volatility for Fidelity Flex Freedom Blend 2030 Fund (FVLSX) is 2.69%, while Vanguard Information Technology ETF (VGT) has a volatility of 6.70%. This indicates that FVLSX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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