ITDG vs. FIOFX
Compare and contrast key facts about Ishares Lifepath Target Date 2055 ETF (ITDG) and Fidelity Freedom Index 2045 Fund Investor Class (FIOFX).
ITDG is an actively managed fund by iShares. It was launched on Oct 17, 2023. FIOFX 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: ITDG or FIOFX.
Correlation
The correlation between ITDG and FIOFX is 0.99, 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
ITDG vs. FIOFX - Performance Comparison
Key characteristics
ITDG:
1.51
FIOFX:
1.49
ITDG:
2.10
FIOFX:
2.06
ITDG:
1.27
FIOFX:
1.27
ITDG:
2.22
FIOFX:
2.34
ITDG:
8.68
FIOFX:
8.35
ITDG:
2.05%
FIOFX:
1.94%
ITDG:
11.81%
FIOFX:
10.89%
ITDG:
-8.03%
FIOFX:
-37.05%
ITDG:
-1.63%
FIOFX:
-1.39%
Returns By Period
The year-to-date returns for both investments are quite close, with ITDG having a 3.79% return and FIOFX slightly higher at 3.93%.
ITDG
3.79%
0.44%
5.00%
15.89%
N/A
N/A
FIOFX
3.93%
0.86%
4.17%
14.50%
8.82%
7.22%
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ITDG vs. FIOFX - Expense Ratio Comparison
ITDG has a 0.11% expense ratio, which is lower than FIOFX'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
ITDG vs. FIOFX — Risk-Adjusted Performance Rank
ITDG
FIOFX
ITDG vs. FIOFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2055 ETF (ITDG) and Fidelity Freedom Index 2045 Fund Investor Class (FIOFX). 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.
Dividends
ITDG vs. FIOFX - Dividend Comparison
ITDG's dividend yield for the trailing twelve months is around 1.38%, less than FIOFX's 1.91% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITDG Ishares Lifepath Target Date 2055 ETF | 1.38% | 1.44% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FIOFX Fidelity Freedom Index 2045 Fund Investor Class | 1.91% | 1.99% | 1.95% | 1.96% | 1.52% | 1.39% | 1.76% | 2.18% | 1.73% | 1.95% | 2.01% | 3.33% |
Drawdowns
ITDG vs. FIOFX - Drawdown Comparison
The maximum ITDG drawdown since its inception was -8.03%, smaller than the maximum FIOFX drawdown of -37.05%. Use the drawdown chart below to compare losses from any high point for ITDG and FIOFX. For additional features, visit the drawdowns tool.
Volatility
ITDG vs. FIOFX - Volatility Comparison
Ishares Lifepath Target Date 2055 ETF (ITDG) has a higher volatility of 3.11% compared to Fidelity Freedom Index 2045 Fund Investor Class (FIOFX) at 2.84%. This indicates that ITDG's price experiences larger fluctuations and is considered to be riskier than FIOFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.