IRSOX vs. FNSHX
Compare and contrast key facts about Voya Target Retirement 2040 Fund (IRSOX) and Fidelity Freedom Income Fund Class K (FNSHX).
IRSOX is managed by Voya. It was launched on Dec 19, 2012. FNSHX is managed by Fidelity. It was launched on Jul 20, 2017.
Performance
IRSOX vs. FNSHX - Performance Comparison
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IRSOX vs. FNSHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IRSOX Voya Target Retirement 2040 Fund | -1.30% | 19.10% | 13.74% | 19.25% | -18.43% | 17.65% | 16.93% | 23.69% | -8.31% | 7.37% |
FNSHX Fidelity Freedom Income Fund Class K | 0.45% | 10.35% | 4.40% | 8.26% | -11.31% | 3.16% | 9.01% | 10.74% | -1.86% | 0.09% |
Returns By Period
In the year-to-date period, IRSOX achieves a -1.30% return, which is significantly lower than FNSHX's 0.45% return.
IRSOX
- 1D
- 2.49%
- 1M
- -5.17%
- YTD
- -1.30%
- 6M
- 1.32%
- 1Y
- 17.80%
- 3Y*
- 14.42%
- 5Y*
- 7.68%
- 10Y*
- 10.10%
FNSHX
- 1D
- 0.98%
- 1M
- -2.22%
- YTD
- 0.45%
- 6M
- 1.62%
- 1Y
- 8.22%
- 3Y*
- 6.53%
- 5Y*
- 2.75%
- 10Y*
- —
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IRSOX vs. FNSHX - Expense Ratio Comparison
IRSOX has a 0.23% expense ratio, which is lower than FNSHX's 0.42% expense ratio.
Return for Risk
IRSOX vs. FNSHX — Risk / Return Rank
IRSOX
FNSHX
IRSOX vs. FNSHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Target Retirement 2040 Fund (IRSOX) and Fidelity Freedom Income Fund Class K (FNSHX). 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.
| IRSOX | FNSHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.36 | 1.76 | -0.40 |
Sortino ratioReturn per unit of downside risk | 2.00 | 2.46 | -0.46 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.35 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.39 | 2.34 | -0.95 |
Martin ratioReturn relative to average drawdown | 6.68 | 9.69 | -3.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IRSOX | FNSHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 1.76 | -0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.53 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.75 | -0.06 |
Correlation
The correlation between IRSOX and FNSHX is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
IRSOX vs. FNSHX - Dividend Comparison
IRSOX's dividend yield for the trailing twelve months is around 13.89%, more than FNSHX's 3.26% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IRSOX Voya Target Retirement 2040 Fund | 13.89% | 13.71% | 2.25% | 2.13% | 6.01% | 17.52% | 3.71% | 4.14% | 5.84% | 5.86% | 1.98% | 0.41% |
FNSHX Fidelity Freedom Income Fund Class K | 3.26% | 3.21% | 3.19% | 2.98% | 5.94% | 6.17% | 4.43% | 3.74% | 5.22% | 0.00% | 0.00% | 0.00% |
Drawdowns
IRSOX vs. FNSHX - Drawdown Comparison
The maximum IRSOX drawdown since its inception was -31.25%, which is greater than FNSHX's maximum drawdown of -15.87%. Use the drawdown chart below to compare losses from any high point for IRSOX and FNSHX.
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Drawdown Indicators
| IRSOX | FNSHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.25% | -15.87% | -15.38% |
Max Drawdown (1Y)Largest decline over 1 year | -10.16% | -3.68% | -6.48% |
Max Drawdown (5Y)Largest decline over 5 years | -25.24% | -15.87% | -9.37% |
Max Drawdown (10Y)Largest decline over 10 years | -31.25% | — | — |
Current DrawdownCurrent decline from peak | -6.10% | -2.56% | -3.54% |
Average DrawdownAverage peak-to-trough decline | -4.33% | -3.09% | -1.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.46% | 0.89% | +1.57% |
Volatility
IRSOX vs. FNSHX - Volatility Comparison
Voya Target Retirement 2040 Fund (IRSOX) has a higher volatility of 4.51% compared to Fidelity Freedom Income Fund Class K (FNSHX) at 2.45%. This indicates that IRSOX's price experiences larger fluctuations and is considered to be riskier than FNSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IRSOX | FNSHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.51% | 2.45% | +2.06% |
Volatility (6M)Calculated over the trailing 6-month period | 8.01% | 3.30% | +4.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.68% | 4.89% | +9.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.82% | 5.27% | +8.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.76% | 4.81% | +9.95% |