FXIFX vs. LTRIX

Last updated Aug 1, 2026

FXIFX (Fidelity Freedom Index 2030 Fund Investor Class) and LTRIX (Principal LifeTime 2045 Fund) are both Target Retirement Date funds. Over the past 10 years, FXIFX returned 8.60%/yr vs 10.66%/yr for LTRIX. Their 0.97 correlation means they have historically moved very closely together. FXIFX charges 0.12%/yr vs 0.01%/yr for LTRIX.

Performance

FXIFX vs. LTRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2030 Fund Investor Class (FXIFX) and Principal LifeTime 2045 Fund (LTRIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FXIFX achieves a 6.30% return, which is significantly lower than LTRIX's 7.81% return. Over the past 10 years, FXIFX has underperformed LTRIX with an annualized return of 8.60%, while LTRIX has yielded a comparatively higher 10.66% annualized return.

FXIFX

• 1D: 1.18%
• 1M: -0.70%
• 6M: 4.32%
• YTD: 6.30%
• 1Y: 14.15%
• 3Y*: 11.66%
• 5Y*: 5.82%
• 10Y*: 8.60%
• ALL TIME*: 8.29%

LTRIX

• 1D: 1.55%
• 1M: 0.31%
• 6M: 5.25%
• YTD: 7.81%
• 1Y: 16.35%
• 3Y*: 15.23%
• 5Y*: 8.14%
• 10Y*: 10.66%
• ALL TIME*: 8.18%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FXIFX Fidelity Freedom Index 2030 Fund Investor Class	$0.00	$0.00	$0.00
LTRIX Principal LifeTime 2045 Fund	$0.00	$0.00	$0.00

FXIFX vs. LTRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FXIFX Fidelity Freedom Index 2030 Fund Investor Class	6.30%	15.89%	9.50%	15.10%	-16.55%	10.84%	14.34%	22.07%	-5.64%	18.05%
LTRIX Principal LifeTime 2045 Fund	7.81%	16.69%	16.90%	19.40%	-18.51%	16.55%	16.33%	25.81%	-8.34%	21.38%

Correlation

The correlation between FXIFX and LTRIX is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.97
Correlation (3Y) Balances recent behavior with more history.	0.95
Correlation (5Y) Shows whether the relationship held over a longer period.	0.95
Correlation (10Y) Provides a long-term view across more market conditions.	0.96
Correlation (All Time) Calculated using the full available price history since Oct 5, 2009	0.97

The correlation between FXIFX and LTRIX has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

Return for Risk

FXIFX vs. LTRIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FXIFX

FXIFX Risk / Return Rank: 68
FXIFX Sharpe Ratio Rank: 67
FXIFX Sortino Ratio Rank: 66
FXIFX Omega Ratio Rank: 67
FXIFX Calmar Ratio Rank: 65
FXIFX Martin Ratio Rank: 73

LTRIX

LTRIX Risk / Return Rank: 49
LTRIX Sharpe Ratio Rank: 45
LTRIX Sortino Ratio Rank: 45
LTRIX Omega Ratio Rank: 44
LTRIX Calmar Ratio Rank: 49
LTRIX Martin Ratio Rank: 61

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FXIFX vs. LTRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2030 Fund Investor Class (FXIFX) and Principal LifeTime 2045 Fund (LTRIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FXIFX	LTRIX	Difference
Sharpe ratio: Return per unit of total volatility	1.54	1.26	+0.28
Sortino ratio: Return per unit of downside risk	2.20	1.81	+0.39
Omega ratio: Gain probability vs. loss probability	1.28	1.23	+0.05
Calmar ratio: Return relative to maximum drawdown	2.10	1.82	+0.28
Martin ratio: Return relative to average drawdown	8.65	7.79	+0.86

FXIFX vs. LTRIX - Sharpe Ratio Comparison

The current FXIFX Sharpe Ratio is 1.54, which is comparable to the LTRIX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of FXIFX and LTRIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FXIFX vs. LTRIX - Drawdown Comparison

The maximum FXIFX drawdown since its inception was -23.90%, smaller than the maximum LTRIX drawdown of -51.39%. Use the drawdown chart below to compare losses from any high point for FXIFX and LTRIX.

Drawdown Indicators

	FXIFX	LTRIX	Difference
Max Drawdown Largest peak-to-trough decline	-23.90%	-51.39%	+27.49%
Max Drawdown (1Y) Largest decline over 1 year	-6.42%	-8.04%	+1.62%
Max Drawdown (3Y) Largest decline over 3 years	-9.41%	-14.47%	+5.06%
Max Drawdown (5Y) Largest decline over 5 years	-23.28%	-26.25%	+2.97%
Max Drawdown (10Y) Largest decline over 10 years	-23.90%	-31.56%	+7.66%
Current Drawdown Current decline from peak	-1.60%	-0.84%	-0.76%
Average Drawdown Average peak-to-trough decline	-3.58%	-7.15%	+3.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.56%	1.88%	-0.32%

Volatility

FXIFX vs. LTRIX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2030 Fund Investor Class (FXIFX) is 2.52%, while Principal LifeTime 2045 Fund (LTRIX) has a volatility of 3.18%. This indicates that FXIFX experiences smaller price fluctuations and is considered to be less risky than LTRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FXIFX	LTRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.52%	3.18%	-0.66%
Volatility (6M) Calculated over the trailing 6-month period	7.40%	9.65%	-2.25%
Volatility (1Y) Calculated over the trailing 1-year period	8.75%	11.66%	-2.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.46%	14.70%	-4.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.18%	14.77%	-3.59%

FXIFX vs. LTRIX - Expense Ratio Comparison

FXIFX has a 0.12% expense ratio, which is higher than LTRIX'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

FXIFX vs. LTRIX - Dividend Comparison

FXIFX's dividend yield for the trailing twelve months is around 3.08%, less than LTRIX's 8.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FXIFX Fidelity Freedom Index 2030 Fund Investor Class	3.08%	3.34%	2.67%	2.26%	2.69%	2.13%	2.40%	16.73%	2.13%	1.84%	1.94%	2.02%
LTRIX Principal LifeTime 2045 Fund	8.63%	9.31%	9.40%	4.25%	8.71%	6.75%	4.62%	6.93%	7.50%	4.57%	4.48%	5.42%

Frequently Asked Questions

Can I hold both FXIFX and LTRIX in my portfolio?

With a correlation of 0.97, FXIFX and LTRIX 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, FXIFX or LTRIX?

LTRIX has higher volatility (3.18%) compared to FXIFX (2.52%). In terms of maximum drawdown, FXIFX dropped -23.90% vs LTRIX's -51.39%.

Which has better risk-adjusted returns?

FXIFX currently has the higher Sharpe Ratio (1.54 vs 1.26), 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.