Correlation
The correlation between FYLSX and FIPFX 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.
FYLSX vs. FIPFX
Compare and contrast key facts about Fidelity Flex Freedom Blend 2050 Fund (FYLSX) and Fidelity Freedom Index 2050 Fund Investor Class (FIPFX).
FYLSX is managed by Fidelity. It was launched on Jun 8, 2017. FIPFX is managed by Fidelity. It was launched on Oct 2, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FYLSX or FIPFX.
Performance
FYLSX vs. FIPFX - Performance Comparison
Loading data...
Key characteristics
FYLSX:
0.57
FIPFX:
0.83
FYLSX:
0.79
FIPFX:
1.13
FYLSX:
1.11
FIPFX:
1.16
FYLSX:
0.52
FIPFX:
0.79
FYLSX:
2.10
FIPFX:
3.50
FYLSX:
3.86%
FIPFX:
3.32%
FYLSX:
16.73%
FIPFX:
15.77%
FYLSX:
-31.29%
FIPFX:
-30.71%
FYLSX:
-1.02%
FIPFX:
-0.33%
Returns By Period
In the year-to-date period, FYLSX achieves a 5.25% return, which is significantly lower than FIPFX's 5.52% return.
FYLSX
5.25%
4.60%
0.12%
9.48%
9.74%
9.54%
N/A
FIPFX
5.52%
4.95%
2.48%
12.95%
10.66%
11.43%
8.77%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FYLSX vs. FIPFX - Expense Ratio Comparison
FYLSX has a 0.00% expense ratio, which is lower than FIPFX's 0.12% 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
FYLSX vs. FIPFX — Risk-Adjusted Performance Rank
FYLSX
FIPFX
FYLSX vs. FIPFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2050 Fund (FYLSX) and Fidelity Freedom Index 2050 Fund Investor Class (FIPFX). 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.
Loading data...
Dividends
FYLSX vs. FIPFX - Dividend Comparison
FYLSX's dividend yield for the trailing twelve months is around 4.25%, more than FIPFX's 1.94% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FYLSX Fidelity Flex Freedom Blend 2050 Fund | 4.25% | 4.28% | 2.22% | 5.82% | 6.93% | 5.77% | 7.01% | 8.26% | 3.09% | 0.00% | 0.00% | 0.00% |
FIPFX Fidelity Freedom Index 2050 Fund Investor Class | 1.94% | 2.00% | 1.94% | 2.02% | 1.93% | 1.95% | 15.16% | 2.33% | 2.05% | 2.09% | 2.02% | 3.26% |
Drawdowns
FYLSX vs. FIPFX - Drawdown Comparison
The maximum FYLSX drawdown since its inception was -31.29%, roughly equal to the maximum FIPFX drawdown of -30.71%. Use the drawdown chart below to compare losses from any high point for FYLSX and FIPFX.
Loading data...
Volatility
FYLSX vs. FIPFX - Volatility Comparison
Fidelity Flex Freedom Blend 2050 Fund (FYLSX) has a higher volatility of 3.58% compared to Fidelity Freedom Index 2050 Fund Investor Class (FIPFX) at 3.34%. This indicates that FYLSX's price experiences larger fluctuations and is considered to be riskier than FIPFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...