PRGFX vs. FFEGX

Last updated Jun 24, 2026

PRGFX (T. Rowe Price Growth Stock Fund) and FFEGX (Fidelity Freedom Index 2030 Fund Institutional Premium Class) are both mutual funds - PRGFX is a Large Cap Growth Equities fund managed by T. Rowe Price, while FFEGX is a Target Retirement Date fund managed by Fidelity. Over the past 10 years, PRGFX returned 16.13%/yr vs 9.34%/yr for FFEGX. Their correlation of 0.85 suggests significant overlap in exposure. PRGFX charges 0.63%/yr vs 0.08%/yr for FFEGX.

Performance

PRGFX vs. FFEGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Growth Stock Fund (PRGFX) and Fidelity Freedom Index 2030 Fund Institutional Premium Class (FFEGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PRGFX achieves a 2.28% return, which is significantly lower than FFEGX's 7.52% return. Over the past 10 years, PRGFX has outperformed FFEGX with an annualized return of 16.13%, while FFEGX has yielded a comparatively lower 9.34% annualized return.

PRGFX

• 1D: -1.20%
• 1M: -1.92%
• YTD: 2.28%
• 6M: 0.91%
• 1Y: 17.22%
• 3Y*: 22.49%
• 5Y*: 8.29%
• 10Y*: 16.13%

FFEGX

• 1D: -0.25%
• 1M: 1.30%
• YTD: 7.52%
• 6M: 7.17%
• 1Y: 17.93%
• 3Y*: 13.35%
• 5Y*: 6.32%
• 10Y*: 9.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PRGFX vs. FFEGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PRGFX T. Rowe Price Growth Stock Fund	2.28%	15.64%	38.36%	45.33%	-40.12%	19.86%	36.92%	30.83%	-1.04%	33.57%
FFEGX Fidelity Freedom Index 2030 Fund Institutional Premium Class	7.52%	15.93%	9.55%	15.16%	-16.81%	10.94%	14.38%	22.10%	-5.55%	18.03%

Correlation

The correlation between PRGFX and FFEGX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Jun 29, 2015	0.85

The correlation between PRGFX and FFEGX has been stable across timeframes, ranging from 0.76 to 0.85 - a consistent structural relationship.

Return for Risk

PRGFX vs. FFEGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PRGFX

PRGFX Risk / Return Rank: 15
PRGFX Sharpe Ratio Rank: 17
PRGFX Sortino Ratio Rank: 16
PRGFX Omega Ratio Rank: 17
PRGFX Calmar Ratio Rank: 11
PRGFX Martin Ratio Rank: 12

FFEGX

FFEGX Risk / Return Rank: 67
FFEGX Sharpe Ratio Rank: 68
FFEGX Sortino Ratio Rank: 68
FFEGX Omega Ratio Rank: 69
FFEGX Calmar Ratio Rank: 63
FFEGX Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PRGFX vs. FFEGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Growth Stock Fund (PRGFX) and Fidelity Freedom Index 2030 Fund Institutional Premium Class (FFEGX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	PRGFX	FFEGX	Difference
Sharpe ratio: Return per unit of total volatility	1.10	2.21	-1.11
Sortino ratio: Return per unit of downside risk	1.57	3.12	-1.55
Omega ratio: Gain probability vs. loss probability	1.20	1.42	-0.22
Calmar ratio: Return relative to maximum drawdown	1.02	2.91	-1.88
Martin ratio: Return relative to average drawdown	3.22	12.51	-9.29

PRGFX vs. FFEGX - Sharpe Ratio Comparison

The current PRGFX Sharpe Ratio is 1.10, which is lower than the FFEGX Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of PRGFX and FFEGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

PRGFX vs. FFEGX - Drawdown Comparison

The maximum PRGFX drawdown since its inception was -54.01%, which is greater than FFEGX's maximum drawdown of -23.85%. Use the drawdown chart below to compare losses from any high point for PRGFX and FFEGX.

Drawdown Indicators

	PRGFX	FFEGX	Difference
Max Drawdown Largest peak-to-trough decline	-54.01%	-23.85%	-30.16%
Max Drawdown (1Y) Largest decline over 1 year	-18.02%	-6.43%	-11.59%
Max Drawdown (3Y) Largest decline over 3 years	-22.69%	-9.36%	-13.33%
Max Drawdown (5Y) Largest decline over 5 years	-46.44%	-23.26%	-23.18%
Max Drawdown (10Y) Largest decline over 10 years	-46.44%	-23.85%	-22.59%
Current Drawdown Current decline from peak	-4.81%	-0.49%	-4.32%
Average Drawdown Average peak-to-trough decline	-10.66%	-4.15%	-6.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.73%	1.49%	+4.24%

Volatility

PRGFX vs. FFEGX - Volatility Comparison

T. Rowe Price Growth Stock Fund (PRGFX) has a higher volatility of 6.26% compared to Fidelity Freedom Index 2030 Fund Institutional Premium Class (FFEGX) at 3.40%. This indicates that PRGFX's price experiences larger fluctuations and is considered to be riskier than FFEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PRGFX	FFEGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.26%	3.40%	+2.86%
Volatility (6M) Calculated over the trailing 6-month period	13.01%	7.09%	+5.92%
Volatility (1Y) Calculated over the trailing 1-year period	16.75%	8.46%	+8.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.19%	10.39%	+12.80%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.17%	11.25%	+10.92%

PRGFX vs. FFEGX - Expense Ratio Comparison

PRGFX has a 0.63% expense ratio, which is higher than FFEGX's 0.08% expense ratio.

Dividends

PRGFX vs. FFEGX - Dividend Comparison

PRGFX's dividend yield for the trailing twelve months is around 13.28%, more than FFEGX's 3.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFEGX Fidelity Freedom Index 2030 Fund Institutional Premium Class	3.08%	3.37%	2.71%	2.31%	2.45%	2.22%	2.43%	16.77%	2.18%	1.88%	2.00%	2.00%
PRGFX T. Rowe Price Growth Stock Fund	13.28%	13.58%	13.26%	3.34%	3.55%	9.34%	3.51%	1.81%	9.09%	13.57%	2.22%	7.23%

Frequently Asked Questions

Can I hold both PRGFX and FFEGX in my portfolio?

PRGFX and FFEGX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PRGFX or FFEGX?

PRGFX has higher volatility (6.26%) compared to FFEGX (3.40%). In terms of maximum drawdown, PRGFX dropped -54.01% vs FFEGX's -23.85%.

Which has better risk-adjusted returns?

FFEGX currently has the higher Sharpe Ratio (2.21 vs 1.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.