TRPNX vs. FDEWX
Compare and contrast key facts about T. Rowe Price Retirement I 2055 Fund (TRPNX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX).
TRPNX is managed by T. Rowe Price. It was launched on Sep 28, 2015. 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: TRPNX or FDEWX.
Correlation
The correlation between TRPNX and FDEWX is 0.88, 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
TRPNX vs. FDEWX - Performance Comparison
Key characteristics
Returns By Period
TRPNX
N/A
N/A
N/A
N/A
N/A
N/A
FDEWX
0.42%
0.61%
-0.72%
9.79%
11.12%
7.12%
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TRPNX vs. FDEWX - Expense Ratio Comparison
TRPNX has a 0.46% expense ratio, which is higher than FDEWX's 0.12% expense ratio.
Risk-Adjusted Performance
TRPNX vs. FDEWX — Risk-Adjusted Performance Rank
TRPNX
FDEWX
TRPNX vs. FDEWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement I 2055 Fund (TRPNX) 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
TRPNX vs. FDEWX - Dividend Comparison
TRPNX has not paid dividends to shareholders, while FDEWX's dividend yield for the trailing twelve months is around 1.97%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRPNX T. Rowe Price Retirement I 2055 Fund | 0.00% | 1.25% | 3.29% | 5.74% | 3.69% | 2.61% | 4.13% | 4.39% | 2.77% | 1.52% | 1.14% | 0.00% |
FDEWX Fidelity Freedom Index 2055 Fund Investor Class | 1.97% | 1.97% | 1.92% | 1.94% | 1.51% | 1.35% | 1.69% | 2.15% | 1.69% | 2.26% | 2.29% | 1.89% |
Drawdowns
TRPNX vs. FDEWX - Drawdown Comparison
Volatility
TRPNX vs. FDEWX - Volatility Comparison
The current volatility for T. Rowe Price Retirement I 2055 Fund (TRPNX) is 0.00%, while Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) has a volatility of 11.12%. This indicates that TRPNX experiences smaller price fluctuations and is considered to be less risky than FDEWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.