VFIFX vs. FIPFX
Compare and contrast key facts about Vanguard Target Retirement 2050 Fund (VFIFX) and Fidelity Freedom Index 2050 Fund Investor Class (FIPFX).
VFIFX is managed by Vanguard. It was launched on Jun 7, 2006. FIPFX is managed by Fidelity. It was launched on Oct 2, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VFIFX or FIPFX.
Correlation
The correlation between VFIFX and FIPFX is 0.96, 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
VFIFX vs. FIPFX - Performance Comparison
Key characteristics
VFIFX:
0.64
FIPFX:
0.62
VFIFX:
0.99
FIPFX:
0.97
VFIFX:
1.14
FIPFX:
1.14
VFIFX:
0.67
FIPFX:
0.66
VFIFX:
2.96
FIPFX:
2.91
VFIFX:
3.28%
FIPFX:
3.32%
VFIFX:
15.25%
FIPFX:
15.61%
VFIFX:
-51.68%
FIPFX:
-30.71%
VFIFX:
-3.21%
FIPFX:
-3.36%
Returns By Period
In the year-to-date period, VFIFX achieves a 1.65% return, which is significantly lower than FIPFX's 1.85% return. Over the past 10 years, VFIFX has underperformed FIPFX with an annualized return of 7.22%, while FIPFX has yielded a comparatively higher 8.40% annualized return.
VFIFX
1.65%
13.26%
-1.00%
9.73%
9.69%
7.22%
FIPFX
1.85%
13.31%
-0.98%
9.69%
11.55%
8.40%
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VFIFX vs. FIPFX - Expense Ratio Comparison
VFIFX has a 0.08% expense ratio, which is lower than FIPFX's 0.12% 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%.
Risk-Adjusted Performance
VFIFX vs. FIPFX — Risk-Adjusted Performance Rank
VFIFX
FIPFX
VFIFX vs. FIPFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2050 Fund (VFIFX) and Fidelity Freedom Index 2050 Fund Investor Class (FIPFX). 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
VFIFX vs. FIPFX - Dividend Comparison
VFIFX's dividend yield for the trailing twelve months is around 2.16%, more than FIPFX's 1.95% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFIFX Vanguard Target Retirement 2050 Fund | 2.16% | 2.19% | 2.21% | 2.13% | 2.19% | 1.63% | 2.20% | 2.43% | 1.89% | 1.93% | 2.05% | 2.01% |
FIPFX Fidelity Freedom Index 2050 Fund Investor Class | 1.95% | 1.98% | 1.94% | 1.96% | 1.52% | 1.39% | 1.77% | 2.19% | 1.72% | 2.04% | 2.00% | 3.26% |
Drawdowns
VFIFX vs. FIPFX - Drawdown Comparison
The maximum VFIFX drawdown since its inception was -51.68%, which is greater than FIPFX's maximum drawdown of -30.71%. Use the drawdown chart below to compare losses from any high point for VFIFX and FIPFX. For additional features, visit the drawdowns tool.
Volatility
VFIFX vs. FIPFX - Volatility Comparison
The current volatility for Vanguard Target Retirement 2050 Fund (VFIFX) is 8.03%, while Fidelity Freedom Index 2050 Fund Investor Class (FIPFX) has a volatility of 8.46%. This indicates that VFIFX experiences smaller price fluctuations and is considered to be less risky than FIPFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.