PLTQX vs. FHRDX
Compare and contrast key facts about Principal LifeTime Hybrid 2040 Fund (PLTQX) and Fidelity Freedom Blend Income Fund Class K6 (FHRDX).
PLTQX is managed by Principal. It was launched on Sep 29, 2014. FHRDX is managed by Fidelity. It was launched on Aug 31, 2018.
Performance
PLTQX vs. FHRDX - Performance Comparison
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PLTQX vs. FHRDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
PLTQX Principal LifeTime Hybrid 2040 Fund | -3.64% | 17.25% | 14.58% | 18.16% | -17.90% | 17.09% | 15.41% | 23.86% | -12.54% |
FHRDX Fidelity Freedom Blend Income Fund Class K6 | -0.45% | 10.18% | 4.41% | 8.29% | -11.59% | 3.03% | 8.77% | 10.78% | -2.11% |
Returns By Period
In the year-to-date period, PLTQX achieves a -3.64% return, which is significantly lower than FHRDX's -0.45% return.
PLTQX
- 1D
- -0.19%
- 1M
- -6.97%
- YTD
- -3.64%
- 6M
- -1.14%
- 1Y
- 13.91%
- 3Y*
- 12.97%
- 5Y*
- 6.99%
- 10Y*
- 9.37%
FHRDX
- 1D
- 0.29%
- 1M
- -3.42%
- YTD
- -0.45%
- 6M
- 0.87%
- 1Y
- 7.34%
- 3Y*
- 6.15%
- 5Y*
- 2.58%
- 10Y*
- —
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PLTQX vs. FHRDX - Expense Ratio Comparison
PLTQX has a 0.05% expense ratio, which is lower than FHRDX's 0.21% 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%.
Return for Risk
PLTQX vs. FHRDX — Risk / Return Rank
PLTQX
FHRDX
PLTQX vs. FHRDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2040 Fund (PLTQX) and Fidelity Freedom Blend Income Fund Class K6 (FHRDX). 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.
| PLTQX | FHRDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 1.57 | -0.51 |
Sortino ratioReturn per unit of downside risk | 1.58 | 2.19 | -0.61 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.31 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.25 | 2.01 | -0.76 |
Martin ratioReturn relative to average drawdown | 6.25 | 8.52 | -2.27 |
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
| PLTQX | FHRDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 1.57 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.49 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.78 | -0.16 |
Correlation
The correlation between PLTQX and FHRDX is 0.71, 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
PLTQX vs. FHRDX - Dividend Comparison
PLTQX's dividend yield for the trailing twelve months is around 4.67%, more than FHRDX's 3.45% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLTQX Principal LifeTime Hybrid 2040 Fund | 4.67% | 4.50% | 4.19% | 3.14% | 8.95% | 5.00% | 3.85% | 3.84% | 4.47% | 2.37% | 2.34% | 1.65% |
FHRDX Fidelity Freedom Blend Income Fund Class K6 | 3.45% | 3.32% | 3.21% | 3.05% | 4.82% | 4.13% | 2.75% | 2.54% | 1.55% | 0.00% | 0.00% | 0.00% |
Drawdowns
PLTQX vs. FHRDX - Drawdown Comparison
The maximum PLTQX drawdown since its inception was -29.05%, which is greater than FHRDX's maximum drawdown of -16.01%. Use the drawdown chart below to compare losses from any high point for PLTQX and FHRDX.
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Drawdown Indicators
| PLTQX | FHRDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.05% | -16.01% | -13.04% |
Max Drawdown (1Y)Largest decline over 1 year | -10.05% | -3.70% | -6.35% |
Max Drawdown (5Y)Largest decline over 5 years | -24.18% | -16.01% | -8.17% |
Max Drawdown (10Y)Largest decline over 10 years | -29.05% | — | — |
Current DrawdownCurrent decline from peak | -7.29% | -3.42% | -3.87% |
Average DrawdownAverage peak-to-trough decline | -4.46% | -3.27% | -1.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.02% | 0.87% | +1.15% |
Volatility
PLTQX vs. FHRDX - Volatility Comparison
Principal LifeTime Hybrid 2040 Fund (PLTQX) has a higher volatility of 4.22% compared to Fidelity Freedom Blend Income Fund Class K6 (FHRDX) at 2.17%. This indicates that PLTQX's price experiences larger fluctuations and is considered to be riskier than FHRDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTQX | FHRDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.22% | 2.17% | +2.05% |
Volatility (6M)Calculated over the trailing 6-month period | 7.48% | 3.19% | +4.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.33% | 4.80% | +8.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.32% | 5.28% | +8.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.75% | 4.95% | +8.80% |