VTHRX vs. FPIFX
VTHRX (Vanguard Target Retirement 2030 Fund) and FPIFX (Fidelity Freedom Index 2020 Fund Investor Class) are both Target Retirement Date funds. Over the past 10 years, VTHRX returned 8.46%/yr vs 6.84%/yr for FPIFX. Their 0.97 correlation means they have historically moved very closely together. VTHRX charges 0.08%/yr vs 0.12%/yr for FPIFX.
Performance
VTHRX vs. FPIFX - Performance Comparison
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Returns By Period
In the year-to-date period, VTHRX achieves a 6.47% return, which is significantly higher than FPIFX's 4.86% return. Over the past 10 years, VTHRX has outperformed FPIFX with an annualized return of 8.46%, while FPIFX has yielded a comparatively lower 6.84% annualized return.
VTHRX
- 1D
- 1.26%
- 1M
- -0.57%
- 6M
- 4.33%
- YTD
- 6.47%
- 1Y
- 14.64%
- 3Y*
- 12.36%
- 5Y*
- 6.39%
- 10Y*
- 8.46%
- ALL TIME*
- 7.22%
FPIFX
- 1D
- 0.92%
- 1M
- -0.57%
- 6M
- 3.32%
- YTD
- 4.86%
- 1Y
- 11.09%
- 3Y*
- 9.67%
- 5Y*
- 4.31%
- 10Y*
- 6.84%
- ALL TIME*
- 6.83%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
VTHRX vs. FPIFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTHRX Vanguard Target Retirement 2030 Fund | 6.47% | 16.25% | 10.43% | 16.24% | -16.28% | 11.37% | 14.11% | 21.08% | -5.85% | 15.24% |
FPIFX Fidelity Freedom Index 2020 Fund Investor Class | 4.86% | 13.34% | 7.68% | 12.73% | -15.94% | 8.42% | 12.72% | 18.11% | -3.85% | 13.90% |
Correlation
The correlation between VTHRX and FPIFX is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.98 |
Correlation (3Y) Balances recent behavior with more history. | 0.95 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.97 |
Correlation (All Time) Calculated using the full available price history since Oct 5, 2009 | 0.97 |
The correlation between VTHRX and FPIFX has been stable across timeframes, ranging from 0.95 to 0.98 - a consistent structural relationship.
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Return for Risk
VTHRX vs. FPIFX — Risk / Return Rank
VTHRX
FPIFX
VTHRX vs. FPIFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2030 Fund (VTHRX) and Fidelity Freedom Index 2020 Fund Investor Class (FPIFX). 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.
| VTHRX | FPIFX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.04 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.29 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.10 | 2.12 | -0.01 |
| Martin ratioReturn relative to average drawdown | 8.72 | 8.74 | -0.02 |
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Drawdowns
VTHRX vs. FPIFX - Drawdown Comparison
The maximum VTHRX drawdown since its inception was -49.57%, which is greater than FPIFX's maximum drawdown of -21.59%. Use the drawdown chart below to compare losses from any high point for VTHRX and FPIFX.
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Drawdown Indicators
| VTHRX | FPIFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.57% | -21.59% | -27.98% |
Max Drawdown (1Y)Largest decline over 1 year | -6.56% | -5.11% | -1.45% |
Max Drawdown (3Y)Largest decline over 3 years | -9.64% | -6.88% | -2.76% |
Max Drawdown (5Y)Largest decline over 5 years | -22.75% | -21.59% | -1.16% |
Max Drawdown (10Y)Largest decline over 10 years | -24.86% | -21.59% | -3.27% |
Current DrawdownCurrent decline from peak | -1.46% | -1.29% | -0.17% |
Average DrawdownAverage peak-to-trough decline | -6.15% | -3.06% | -3.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.58% | 1.23% | +0.35% |
Volatility
VTHRX vs. FPIFX - Volatility Comparison
Vanguard Target Retirement 2030 Fund (VTHRX) has a higher volatility of 2.63% compared to Fidelity Freedom Index 2020 Fund Investor Class (FPIFX) at 2.00%. This indicates that VTHRX's price experiences larger fluctuations and is considered to be riskier than FPIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTHRX | FPIFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.63% | 2.00% | +0.63% |
Volatility (6M)Calculated over the trailing 6-month period | 7.48% | 5.78% | +1.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.87% | 6.86% | +2.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.48% | 8.64% | +1.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.22% | 8.80% | +2.42% |
VTHRX vs. FPIFX - Expense Ratio Comparison
VTHRX has a 0.08% expense ratio, which is lower than FPIFX'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%.
Dividends
VTHRX vs. FPIFX - Dividend Comparison
VTHRX's dividend yield for the trailing twelve months is around 3.79%, less than FPIFX's 5.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPIFX Fidelity Freedom Index 2020 Fund Investor Class | 5.86% | 5.95% | 5.83% | 2.42% | 2.95% | 2.67% | 2.54% | 17.42% | 2.50% | 1.85% | 1.83% | 1.91% |
VTHRX Vanguard Target Retirement 2030 Fund | 3.79% | 4.03% | 3.63% | 2.59% | 2.53% | 17.56% | 2.56% | 2.38% | 2.71% | 0.06% | 2.38% | 3.72% |
Frequently Asked Questions
With a correlation of 0.98, VTHRX and FPIFX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
VTHRX has higher volatility (2.63%) compared to FPIFX (2.00%). In terms of maximum drawdown, VTHRX dropped -49.57% vs FPIFX's -21.59%.
FPIFX currently has the higher Sharpe Ratio (1.58 vs 1.56), 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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