VFIFX vs. FFGZX
VFIFX (Vanguard Target Retirement 2050 Fund) and FFGZX (Fidelity Freedom Index Income Fund Institutional Premium Class) are both Target Retirement Date funds. Over the past 10 years, VFIFX returned 11.74%/yr vs 4.28%/yr for FFGZX. A 0.73 correlation means they provide meaningful diversification when combined. Both charge a 0.08% expense ratio.
Performance
VFIFX vs. FFGZX - Performance Comparison
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Returns By Period
In the year-to-date period, VFIFX achieves a 12.06% return, which is significantly higher than FFGZX's 4.28% return. Over the past 10 years, VFIFX has outperformed FFGZX with an annualized return of 11.74%, while FFGZX has yielded a comparatively lower 4.28% annualized return.
VFIFX
- 1D
- 0.35%
- 1M
- 5.14%
- YTD
- 12.06%
- 6M
- 12.99%
- 1Y
- 28.12%
- 3Y*
- 19.67%
- 5Y*
- 10.35%
- 10Y*
- 11.74%
FFGZX
- 1D
- 0.16%
- 1M
- 1.75%
- YTD
- 4.28%
- 6M
- 4.42%
- 1Y
- 10.55%
- 3Y*
- 7.68%
- 5Y*
- 3.28%
- 10Y*
- 4.28%
VFIFX vs. FFGZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VFIFX Vanguard Target Retirement 2050 Fund | 12.06% | 21.42% | 14.45% | 20.39% | -17.48% | 16.42% | 16.40% | 24.99% | -7.89% | 19.15% |
FFGZX Fidelity Freedom Index Income Fund Institutional Premium Class | 4.28% | 9.13% | 5.02% | 8.32% | -11.07% | 2.85% | 8.59% | 10.68% | -0.80% | 6.73% |
Correlation
The correlation between VFIFX and FFGZX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.82 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.70 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Jun 30, 2015 | 0.73 |
The correlation between VFIFX and FFGZX shifts across timeframes, from 0.70 (5 years) to 0.82 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
VFIFX vs. FFGZX — Risk / Return Rank
VFIFX
FFGZX
VFIFX vs. FFGZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2050 Fund (VFIFX) and Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX). 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.
| VFIFX | FFGZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.50 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.54 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.21 | 3.18 | +0.03 |
| Martin ratioReturn relative to average drawdown | 14.25 | 14.23 | +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
| VFIFX | FFGZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.51 | 2.64 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.73 | 0.65 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.78 | 0.97 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.93 | -0.42 |
Drawdowns
VFIFX vs. FFGZX - Drawdown Comparison
The maximum VFIFX drawdown since its inception was -51.68%, which is greater than FFGZX's maximum drawdown of -14.94%. Use the drawdown chart below to compare losses from any high point for VFIFX and FFGZX.
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Drawdown Indicators
| VFIFX | FFGZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -51.68% | -14.94% | -36.74% |
Max Drawdown (1Y)Largest decline over 1 year | -8.87% | -3.33% | -5.54% |
Max Drawdown (3Y)Largest decline over 3 years | -14.54% | -4.76% | -9.78% |
Max Drawdown (5Y)Largest decline over 5 years | -25.40% | -14.94% | -10.46% |
Max Drawdown (10Y)Largest decline over 10 years | -31.36% | -14.94% | -16.42% |
Current DrawdownCurrent decline from peak | 0.00% | 0.00% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -6.88% | -2.26% | -4.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.00% | 0.74% | +1.26% |
Volatility
VFIFX vs. FFGZX - Volatility Comparison
Vanguard Target Retirement 2050 Fund (VFIFX) has a higher volatility of 3.35% compared to Fidelity Freedom Index Income Fund Institutional Premium Class (FFGZX) at 1.49%. This indicates that VFIFX's price experiences larger fluctuations and is considered to be riskier than FFGZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VFIFX | FFGZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.35% | 1.49% | +1.86% |
Volatility (6M)Calculated over the trailing 6-month period | 9.02% | 3.34% | +5.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.36% | 4.01% | +7.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.18% | 5.08% | +9.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.11% | 4.43% | +10.68% |
VFIFX vs. FFGZX - Expense Ratio Comparison
Both VFIFX and FFGZX have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
VFIFX vs. FFGZX - Dividend Comparison
VFIFX's dividend yield for the trailing twelve months is around 1.86%, less than FFGZX's 3.21% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFGZX Fidelity Freedom Index Income Fund Institutional Premium Class | 3.21% | 3.30% | 3.18% | 2.88% | 3.11% | 2.10% | 2.22% | 7.35% | 3.00% | 1.95% | 1.56% | 1.06% |
VFIFX Vanguard Target Retirement 2050 Fund | 1.86% | 2.09% | 2.26% | 2.21% | 2.38% | 12.83% | 1.84% | 2.20% | 2.51% | 0.03% | 2.04% | 2.36% |
Frequently Asked Questions
VFIFX and FFGZX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VFIFX has higher volatility (3.35%) compared to FFGZX (1.49%). In terms of maximum drawdown, VFIFX dropped -51.68% vs FFGZX's -14.94%.
FFGZX currently has the higher Sharpe Ratio (2.64 vs 2.51), 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.
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