LIVIX vs. FDEWX
Compare and contrast key facts about BlackRock LifePath Index 2055 Fund (LIVIX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX).
LIVIX is managed by Blackrock. It was launched on May 30, 2011. FDEWX is managed by Fidelity. It was launched on Jun 1, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LIVIX or FDEWX.
Correlation
The correlation between LIVIX and FDEWX is 0.98, 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
LIVIX vs. FDEWX - Performance Comparison
Key characteristics
LIVIX:
1.35
FDEWX:
1.53
LIVIX:
1.86
FDEWX:
2.10
LIVIX:
1.25
FDEWX:
1.28
LIVIX:
2.03
FDEWX:
2.36
LIVIX:
8.39
FDEWX:
9.35
LIVIX:
1.90%
FDEWX:
1.75%
LIVIX:
11.79%
FDEWX:
10.72%
LIVIX:
-34.44%
FDEWX:
-34.73%
LIVIX:
-4.29%
FDEWX:
-2.34%
Returns By Period
The year-to-date returns for both investments are quite close, with LIVIX having a 15.82% return and FDEWX slightly higher at 16.03%. Over the past 10 years, LIVIX has outperformed FDEWX with an annualized return of 8.83%, while FDEWX has yielded a comparatively lower 7.80% annualized return.
LIVIX
15.82%
-2.81%
5.33%
15.60%
9.30%
8.83%
FDEWX
16.03%
-0.67%
6.19%
15.81%
6.84%
7.80%
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LIVIX vs. FDEWX - Expense Ratio Comparison
LIVIX has a 0.10% expense ratio, which is lower than FDEWX'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
LIVIX vs. FDEWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index 2055 Fund (LIVIX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX). 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
LIVIX vs. FDEWX - Dividend Comparison
LIVIX's dividend yield for the trailing twelve months is around 0.01%, less than FDEWX's 1.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIVIX BlackRock LifePath Index 2055 Fund | 0.01% | 2.04% | 1.83% | 1.99% | 1.56% | 2.61% | 2.34% | 2.27% | 2.17% | 2.33% | 2.14% | 2.36% |
FDEWX Fidelity Freedom Index 2055 Fund Investor Class | 0.04% | 1.92% | 1.94% | 1.51% | 1.35% | 1.69% | 2.15% | 1.69% | 2.26% | 2.29% | 1.89% | 1.46% |
Drawdowns
LIVIX vs. FDEWX - Drawdown Comparison
The maximum LIVIX drawdown since its inception was -34.44%, roughly equal to the maximum FDEWX drawdown of -34.73%. Use the drawdown chart below to compare losses from any high point for LIVIX and FDEWX. For additional features, visit the drawdowns tool.
Volatility
LIVIX vs. FDEWX - Volatility Comparison
BlackRock LifePath Index 2055 Fund (LIVIX) has a higher volatility of 3.75% compared to Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) at 3.26%. This indicates that LIVIX's price experiences larger fluctuations and is considered to be riskier than FDEWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.