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FWLSX vs. FSPGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FWLSX and FSPGX is 0.93, 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.


Performance

FWLSX vs. FSPGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Flex Freedom Blend 2060 Fund (FWLSX) and Fidelity Large Cap Growth Index Fund (FSPGX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FWLSX:

0.59

FSPGX:

0.70

Sortino Ratio

FWLSX:

0.82

FSPGX:

1.02

Omega Ratio

FWLSX:

1.11

FSPGX:

1.14

Calmar Ratio

FWLSX:

0.55

FSPGX:

0.67

Martin Ratio

FWLSX:

2.26

FSPGX:

2.22

Ulcer Index

FWLSX:

3.73%

FSPGX:

7.05%

Daily Std Dev

FWLSX:

16.73%

FSPGX:

25.52%

Max Drawdown

FWLSX:

-31.32%

FSPGX:

-32.66%

Current Drawdown

FWLSX:

-0.72%

FSPGX:

-4.29%

Returns By Period

In the year-to-date period, FWLSX achieves a 5.24% return, which is significantly higher than FSPGX's -0.26% return.


FWLSX

YTD

5.24%

1M

4.33%

6M

0.45%

1Y

9.14%

3Y*

9.86%

5Y*

9.32%

10Y*

N/A

FSPGX

YTD

-0.26%

1M

7.54%

6M

0.63%

1Y

17.58%

3Y*

19.84%

5Y*

17.66%

10Y*

N/A

*Annualized

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FWLSX vs. FSPGX - Expense Ratio Comparison

FWLSX has a 0.00% expense ratio, which is lower than FSPGX's 0.04% 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%.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FWLSX vs. FSPGX — Risk-Adjusted Performance Rank

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

FWLSX
The Risk-Adjusted Performance Rank of FWLSX is 4444
Overall Rank
The Sharpe Ratio Rank of FWLSX is 4040
Sharpe Ratio Rank
The Sortino Ratio Rank of FWLSX is 3939
Sortino Ratio Rank
The Omega Ratio Rank of FWLSX is 3939
Omega Ratio Rank
The Calmar Ratio Rank of FWLSX is 4949
Calmar Ratio Rank
The Martin Ratio Rank of FWLSX is 5050
Martin Ratio Rank

FSPGX
The Risk-Adjusted Performance Rank of FSPGX is 5353
Overall Rank
The Sharpe Ratio Rank of FSPGX is 5050
Sharpe Ratio Rank
The Sortino Ratio Rank of FSPGX is 5353
Sortino Ratio Rank
The Omega Ratio Rank of FSPGX is 5252
Omega Ratio Rank
The Calmar Ratio Rank of FSPGX is 6161
Calmar Ratio Rank
The Martin Ratio Rank of FSPGX is 4949
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FWLSX vs. FSPGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2060 Fund (FWLSX) and Fidelity Large Cap Growth Index Fund (FSPGX). 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.


The current FWLSX Sharpe Ratio is 0.59, which is comparable to the FSPGX Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of FWLSX and FSPGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FWLSX vs. FSPGX - Dividend Comparison

FWLSX's dividend yield for the trailing twelve months is around 3.92%, more than FSPGX's 0.37% yield.


TTM202420232022202120202019201820172016
FWLSX
Fidelity Flex Freedom Blend 2060 Fund
3.92%3.78%2.36%5.59%9.01%5.80%7.02%8.26%3.09%0.00%
FSPGX
Fidelity Large Cap Growth Index Fund
0.37%0.37%0.73%0.86%2.22%1.76%1.04%1.47%1.22%0.30%

Drawdowns

FWLSX vs. FSPGX - Drawdown Comparison

The maximum FWLSX drawdown since its inception was -31.32%, roughly equal to the maximum FSPGX drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FWLSX and FSPGX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FWLSX vs. FSPGX - Volatility Comparison

The current volatility for Fidelity Flex Freedom Blend 2060 Fund (FWLSX) is 3.55%, while Fidelity Large Cap Growth Index Fund (FSPGX) has a volatility of 5.87%. This indicates that FWLSX experiences smaller price fluctuations and is considered to be less risky than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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