PAEKX vs. FDEEX
Compare and contrast key facts about Putnam Retirement Advantage 2050 Fund (PAEKX) and Fidelity Freedom 2055 Fund (FDEEX).
PAEKX is managed by Putnam. It was launched on Dec 30, 2019. FDEEX is managed by Fidelity. It was launched on Jun 1, 2011.
Performance
PAEKX vs. FDEEX - Performance Comparison
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PAEKX vs. FDEEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
PAEKX Putnam Retirement Advantage 2050 Fund | -1.48% | 18.99% | 13.81% | 29.68% | -17.07% | 18.57% | 15.16% |
FDEEX Fidelity Freedom 2055 Fund | -0.48% | 23.74% | 14.02% | 20.55% | -19.19% | 16.57% | 17.33% |
Returns By Period
In the year-to-date period, PAEKX achieves a -1.48% return, which is significantly lower than FDEEX's -0.48% return.
PAEKX
- 1D
- 2.47%
- 1M
- -4.45%
- YTD
- -1.48%
- 6M
- 1.03%
- 1Y
- 18.61%
- 3Y*
- 17.53%
- 5Y*
- 9.86%
- 10Y*
- —
FDEEX
- 1D
- 3.14%
- 1M
- -5.78%
- YTD
- -0.48%
- 6M
- 2.99%
- 1Y
- 22.53%
- 3Y*
- 16.48%
- 5Y*
- 8.29%
- 10Y*
- 11.10%
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PAEKX vs. FDEEX - Expense Ratio Comparison
PAEKX has a 0.45% expense ratio, which is lower than FDEEX's 0.75% expense ratio.
Return for Risk
PAEKX vs. FDEEX — Risk / Return Rank
PAEKX
FDEEX
PAEKX vs. FDEEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Retirement Advantage 2050 Fund (PAEKX) and Fidelity Freedom 2055 Fund (FDEEX). 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.
| PAEKX | FDEEX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.31 | 1.43 | -0.12 |
Sortino ratioReturn per unit of downside risk | 1.91 | 2.03 | -0.12 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.31 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.86 | 2.05 | -0.19 |
Martin ratioReturn relative to average drawdown | 9.05 | 9.03 | +0.02 |
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
| PAEKX | FDEEX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 1.43 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.56 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.73 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.63 | +0.04 |
Correlation
The correlation between PAEKX and FDEEX is 0.97, 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.
Dividends
PAEKX vs. FDEEX - Dividend Comparison
PAEKX's dividend yield for the trailing twelve months is around 10.24%, more than FDEEX's 3.89% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAEKX Putnam Retirement Advantage 2050 Fund | 10.24% | 10.09% | 5.96% | 5.08% | 11.27% | 17.66% | 2.17% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDEEX Fidelity Freedom 2055 Fund | 3.89% | 3.87% | 1.73% | 1.91% | 10.33% | 11.20% | 4.20% | 6.23% | 6.68% | 3.59% | 3.52% | 4.99% |
Drawdowns
PAEKX vs. FDEEX - Drawdown Comparison
The maximum PAEKX drawdown since its inception was -30.72%, roughly equal to the maximum FDEEX drawdown of -31.00%. Use the drawdown chart below to compare losses from any high point for PAEKX and FDEEX.
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Drawdown Indicators
| PAEKX | FDEEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.72% | -31.00% | +0.28% |
Max Drawdown (1Y)Largest decline over 1 year | -10.35% | -11.17% | +0.82% |
Max Drawdown (5Y)Largest decline over 5 years | -23.45% | -27.34% | +3.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.00% | — |
Current DrawdownCurrent decline from peak | -5.35% | -6.95% | +1.60% |
Average DrawdownAverage peak-to-trough decline | -5.45% | -4.88% | -0.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.13% | 2.54% | -0.41% |
Volatility
PAEKX vs. FDEEX - Volatility Comparison
The current volatility for Putnam Retirement Advantage 2050 Fund (PAEKX) is 4.90%, while Fidelity Freedom 2055 Fund (FDEEX) has a volatility of 6.69%. This indicates that PAEKX experiences smaller price fluctuations and is considered to be less risky than FDEEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PAEKX | FDEEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.90% | 6.69% | -1.79% |
Volatility (6M)Calculated over the trailing 6-month period | 8.20% | 10.02% | -1.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.66% | 16.22% | -1.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.37% | 14.90% | -0.53% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.12% | 15.31% | +1.81% |