NMCIX vs. FFOPX
Compare and contrast key facts about Voya MidCap Opportunities Fund (NMCIX) and Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX).
NMCIX is managed by Voya. It was launched on Aug 20, 1998. FFOPX 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: NMCIX or FFOPX.
Correlation
The correlation between NMCIX and FFOPX is 0.86, 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
NMCIX vs. FFOPX - Performance Comparison
Key characteristics
NMCIX:
0.06
FFOPX:
1.49
NMCIX:
0.20
FFOPX:
2.07
NMCIX:
1.03
FFOPX:
1.27
NMCIX:
0.03
FFOPX:
2.35
NMCIX:
0.17
FFOPX:
8.36
NMCIX:
6.86%
FFOPX:
1.94%
NMCIX:
19.69%
FFOPX:
10.87%
NMCIX:
-71.43%
FFOPX:
-37.18%
NMCIX:
-26.32%
FFOPX:
-1.39%
Returns By Period
In the year-to-date period, NMCIX achieves a 0.91% return, which is significantly lower than FFOPX's 3.93% return.
NMCIX
0.91%
-5.19%
1.71%
-0.08%
-0.24%
-0.23%
FFOPX
3.93%
0.86%
4.19%
14.57%
8.87%
N/A
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NMCIX vs. FFOPX - Expense Ratio Comparison
NMCIX has a 0.93% expense ratio, which is higher than FFOPX's 0.08% expense ratio.
Risk-Adjusted Performance
NMCIX vs. FFOPX — Risk-Adjusted Performance Rank
NMCIX
FFOPX
NMCIX vs. FFOPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya MidCap Opportunities Fund (NMCIX) and Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX). 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
NMCIX vs. FFOPX - Dividend Comparison
NMCIX has not paid dividends to shareholders, while FFOPX's dividend yield for the trailing twelve months is around 1.94%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NMCIX Voya MidCap Opportunities Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.13% |
FFOPX Fidelity Freedom Index 2050 Fund Institutional Premium Class | 1.94% | 2.02% | 1.98% | 2.01% | 1.62% | 1.41% | 1.81% | 2.24% | 1.76% | 2.09% | 2.01% | 0.00% |
Drawdowns
NMCIX vs. FFOPX - Drawdown Comparison
The maximum NMCIX drawdown since its inception was -71.43%, which is greater than FFOPX's maximum drawdown of -37.18%. Use the drawdown chart below to compare losses from any high point for NMCIX and FFOPX. For additional features, visit the drawdowns tool.
Volatility
NMCIX vs. FFOPX - Volatility Comparison
Voya MidCap Opportunities Fund (NMCIX) has a higher volatility of 6.67% compared to Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX) at 2.84%. This indicates that NMCIX's price experiences larger fluctuations and is considered to be riskier than FFOPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.