FXIFX vs. VWIAX
FXIFX (Fidelity Freedom Index 2030 Fund Investor Class) and VWIAX (Vanguard Wellesley Income Fund Admiral Shares) are both mutual funds - FXIFX is a Target Retirement Date fund actively managed by Fidelity, while VWIAX is a Diversified Portfolio fund actively managed by Vanguard. Both are actively managed. Over the past 10 years, FXIFX returned 8.68%/yr vs 5.65%/yr for VWIAX. Their 0.79 correlation means they have sometimes moved together and sometimes differently. FXIFX charges 0.12%/yr vs 0.16%/yr for VWIAX.
Performance
FXIFX vs. VWIAX - Performance Comparison
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Returns By Period
In the year-to-date period, FXIFX achieves a 6.43% return, which is significantly higher than VWIAX's 3.58% return. Over the past 10 years, FXIFX has outperformed VWIAX with an annualized return of 8.68%, while VWIAX has yielded a comparatively lower 5.65% annualized return.
FXIFX
- 1D
- 0.13%
- 1M
- -0.58%
- 6M
- 4.18%
- YTD
- 6.43%
- 1Y
- 14.29%
- 3Y*
- 11.95%
- 5Y*
- 5.85%
- 10Y*
- 8.68%
- ALL TIME*
- 8.30%
VWIAX
- 1D
- -0.13%
- 1M
- -0.19%
- 6M
- 2.09%
- YTD
- 3.58%
- 1Y
- 8.83%
- 3Y*
- 8.09%
- 5Y*
- 3.89%
- 10Y*
- 5.65%
- ALL TIME*
- 6.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FXIFX vs. VWIAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FXIFX Fidelity Freedom Index 2030 Fund Investor Class | 6.43% | 15.89% | 9.50% | 15.10% | -16.55% | 10.84% | 14.34% | 22.07% | -5.64% | 18.05% |
VWIAX Vanguard Wellesley Income Fund Admiral Shares | 3.58% | 11.08% | 5.92% | 7.07% | -9.04% | 8.55% | 8.52% | 16.47% | -2.49% | 9.37% |
Correlation
The correlation between FXIFX and VWIAX is 0.71, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.71 |
Correlation (3Y) Balances recent behavior with more history. | 0.77 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.80 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.78 |
Correlation (All Time) Calculated using the full available price history since Oct 5, 2009 | 0.79 |
The correlation between FXIFX and VWIAX has been stable across timeframes, ranging from 0.71 to 0.80 - a consistent structural relationship.
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Return for Risk
FXIFX vs. VWIAX — Risk / Return Rank
FXIFX
VWIAX
FXIFX vs. VWIAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2030 Fund Investor Class (FXIFX) and Vanguard Wellesley Income Fund Admiral Shares (VWIAX). 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 | VWIAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.15 | ||
| Sortino ratioReturn per unit of downside risk | -0.25 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.32 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 2.16 | +0.01 |
| Martin ratioReturn relative to average drawdown | 8.96 | 8.16 | +0.80 |
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Drawdowns
FXIFX vs. VWIAX - Drawdown Comparison
The maximum FXIFX drawdown since its inception was -23.90%, which is greater than VWIAX's maximum drawdown of -21.64%. Use the drawdown chart below to compare losses from any high point for FXIFX and VWIAX.
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Drawdown Indicators
| FXIFX | VWIAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.90% | -21.64% | -2.26% |
Max Drawdown (1Y)Largest decline over 1 year | -6.42% | -4.15% | -2.27% |
Max Drawdown (3Y)Largest decline over 3 years | -9.41% | -5.78% | -3.63% |
Max Drawdown (5Y)Largest decline over 5 years | -23.28% | -15.26% | -8.02% |
Max Drawdown (10Y)Largest decline over 10 years | -23.90% | -17.41% | -6.49% |
Current DrawdownCurrent decline from peak | -1.48% | -0.73% | -0.75% |
Average DrawdownAverage peak-to-trough decline | -3.58% | -2.21% | -1.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 1.10% | +0.46% |
Volatility
FXIFX vs. VWIAX - Volatility Comparison
Fidelity Freedom Index 2030 Fund Investor Class (FXIFX) has a higher volatility of 2.47% compared to Vanguard Wellesley Income Fund Admiral Shares (VWIAX) at 1.37%. This indicates that FXIFX's price experiences larger fluctuations and is considered to be riskier than VWIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FXIFX | VWIAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.47% | 1.37% | +1.10% |
Volatility (6M)Calculated over the trailing 6-month period | 7.40% | 3.95% | +3.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.74% | 5.15% | +3.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.46% | 7.00% | +3.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.18% | 6.93% | +4.25% |
FXIFX vs. VWIAX - Expense Ratio Comparison
FXIFX has a 0.12% expense ratio, which is lower than VWIAX's 0.16% 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%.
Dividends
FXIFX vs. VWIAX - Dividend Comparison
FXIFX's dividend yield for the trailing twelve months is around 3.07%, less than VWIAX's 7.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXIFX Fidelity Freedom Index 2030 Fund Investor Class | 3.07% | 3.34% | 2.67% | 2.26% | 2.69% | 2.13% | 2.40% | 16.73% | 2.13% | 1.84% | 1.94% | 2.02% |
VWIAX Vanguard Wellesley Income Fund Admiral Shares | 7.84% | 7.93% | 6.69% | 4.80% | 7.75% | 6.11% | 4.37% | 4.00% | 7.64% | 3.25% | 4.07% | 5.66% |
Frequently Asked Questions
FXIFX and VWIAX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FXIFX has higher volatility (2.47%) compared to VWIAX (1.37%). In terms of maximum drawdown, FXIFX dropped -23.90% vs VWIAX's -21.64%.
VWIAX currently has the higher Sharpe Ratio (1.75 vs 1.60), 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.
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