VTWNX vs. FSNOX
Compare and contrast key facts about Vanguard Target Retirement 2020 Fund (VTWNX) and Fidelity Freedom 2020 Fund Class K (FSNOX).
VTWNX is managed by Vanguard. It was launched on Jun 7, 2006. FSNOX is managed by Fidelity. It was launched on Jul 20, 2017.
Performance
VTWNX vs. FSNOX - Performance Comparison
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VTWNX vs. FSNOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VTWNX Vanguard Target Retirement 2020 Fund | -1.57% | 12.17% | 7.57% | 12.71% | -14.17% | 8.15% | 12.05% | 17.64% | -4.23% | 3.01% |
FSNOX Fidelity Freedom 2020 Fund Class K | -1.30% | 14.92% | 11.17% | 13.00% | -16.04% | 9.09% | 13.64% | 18.14% | -5.26% | 5.18% |
Returns By Period
In the year-to-date period, VTWNX achieves a -1.57% return, which is significantly lower than FSNOX's -1.30% return.
VTWNX
- 1D
- 0.11%
- 1M
- -4.29%
- YTD
- -1.57%
- 6M
- 0.06%
- 1Y
- 9.17%
- 3Y*
- 8.51%
- 5Y*
- 4.17%
- 10Y*
- 6.31%
FSNOX
- 1D
- 0.13%
- 1M
- -5.26%
- YTD
- -1.30%
- 6M
- 0.73%
- 1Y
- 11.55%
- 3Y*
- 10.59%
- 5Y*
- 5.01%
- 10Y*
- —
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VTWNX vs. FSNOX - Expense Ratio Comparison
VTWNX has a 0.08% expense ratio, which is lower than FSNOX's 0.51% expense ratio.
Return for Risk
VTWNX vs. FSNOX — Risk / Return Rank
VTWNX
FSNOX
VTWNX vs. FSNOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2020 Fund (VTWNX) and Fidelity Freedom 2020 Fund Class K (FSNOX). 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.
| VTWNX | FSNOX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.48 | 1.40 | +0.09 |
Sortino ratioReturn per unit of downside risk | 2.11 | 1.96 | +0.15 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.29 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.98 | 1.78 | +0.21 |
Martin ratioReturn relative to average drawdown | 8.25 | 7.70 | +0.55 |
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
| VTWNX | FSNOX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 1.40 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.56 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.71 | -0.19 |
Correlation
The correlation between VTWNX and FSNOX is 0.97, 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.
Dividends
VTWNX vs. FSNOX - Dividend Comparison
VTWNX's dividend yield for the trailing twelve months is around 8.33%, more than FSNOX's 7.50% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTWNX Vanguard Target Retirement 2020 Fund | 8.33% | 8.20% | 9.35% | 6.20% | 4.99% | 19.57% | 6.28% | 3.54% | 4.94% | 0.73% | 2.74% | 4.15% |
FSNOX Fidelity Freedom 2020 Fund Class K | 7.50% | 7.40% | 8.22% | 2.76% | 9.87% | 12.11% | 6.81% | 6.60% | 7.16% | 3.14% | 0.00% | 0.00% |
Drawdowns
VTWNX vs. FSNOX - Drawdown Comparison
The maximum VTWNX drawdown since its inception was -42.16%, which is greater than FSNOX's maximum drawdown of -22.49%. Use the drawdown chart below to compare losses from any high point for VTWNX and FSNOX.
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Drawdown Indicators
| VTWNX | FSNOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.16% | -22.49% | -19.67% |
Max Drawdown (1Y)Largest decline over 1 year | -4.50% | -6.19% | +1.69% |
Max Drawdown (5Y)Largest decline over 5 years | -19.38% | -22.49% | +3.11% |
Max Drawdown (10Y)Largest decline over 10 years | -19.38% | — | — |
Current DrawdownCurrent decline from peak | -4.32% | -5.38% | +1.06% |
Average DrawdownAverage peak-to-trough decline | -4.83% | -4.56% | -0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.08% | 1.43% | -0.35% |
Volatility
VTWNX vs. FSNOX - Volatility Comparison
The current volatility for Vanguard Target Retirement 2020 Fund (VTWNX) is 2.40%, while Fidelity Freedom 2020 Fund Class K (FSNOX) has a volatility of 3.20%. This indicates that VTWNX experiences smaller price fluctuations and is considered to be less risky than FSNOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VTWNX | FSNOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.40% | 3.20% | -0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 3.81% | 4.95% | -1.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.31% | 8.35% | -2.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.37% | 8.95% | -1.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.26% | 9.33% | -1.07% |