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.
Performance
VFIFX vs. FIPFX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with VFIFX having a 15.16% return and FIPFX slightly lower at 15.04%. Over the past 10 years, VFIFX has outperformed FIPFX with an annualized return of 8.72%, while FIPFX has yielded a comparatively lower 7.12% annualized return.
VFIFX
15.16%
-1.29%
6.24%
22.65%
10.00%
8.72%
FIPFX
15.04%
-1.51%
6.04%
22.57%
6.64%
7.12%
Key characteristics
| VFIFX | FIPFX | |
|---|---|---|
| Sharpe Ratio | 2.08 | 2.19 |
| Sortino Ratio | 2.95 | 3.02 |
| Omega Ratio | 1.39 | 1.40 |
| Calmar Ratio | 3.09 | 2.59 |
| Martin Ratio | 13.48 | 13.97 |
| Ulcer Index | 1.73% | 1.66% |
| Daily Std Dev | 11.17% | 10.60% |
| Max Drawdown | -51.68% | -37.17% |
| Current Drawdown | -1.93% | -2.02% |
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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%.
Correlation
The correlation between VFIFX and FIPFX is 0.99, 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.
Risk-Adjusted Performance
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 1.92%, more than FIPFX's 1.71% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFIFX Vanguard Target Retirement 2050 Fund | 1.92% | 2.21% | 2.13% | 2.19% | 1.63% | 2.20% | 2.43% | 1.89% | 1.93% | 2.05% | 2.01% | 1.84% |
FIPFX Fidelity Freedom Index 2050 Fund Investor Class | 1.71% | 1.94% | 1.96% | 1.52% | 1.39% | 1.77% | 2.19% | 1.72% | 2.04% | 2.00% | 3.26% | 0.10% |
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 -37.17%. 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
Vanguard Target Retirement 2050 Fund (VFIFX) and Fidelity Freedom Index 2050 Fund Investor Class (FIPFX) have volatilities of 2.97% and 2.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.