Performance
FBIFX vs. FXAIX - Performance Comparison
In the year-to-date period, FBIFX achieves a 12.80% return, which is significantly lower than FXAIX's 19.12% return. Over the past 10 years, FBIFX has underperformed FXAIX with an annualized return of 8.49%, while FXAIX has yielded a comparatively higher 12.99% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
FBIFX
FXAIX
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FBIFX vs. FXAIX - Expense Ratio Comparison
FBIFX has a 0.12% expense ratio, which is higher than FXAIX's 0.02% expense ratio. However, 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
FBIFX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2040 Fund Investor Class (FBIFX) and Fidelity 500 Index Fund (FXAIX). 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.
FBIFX vs. FXAIX - Sharpe Ratio Comparison
The current FBIFX Sharpe Ratio is 1.96, which roughly equals the FXAIX Sharpe Ratio of 2.17. The chart below compares the 12-month rolling Sharpe Ratio of FBIFX and FXAIX.
FBIFX
FXAIX
Dividends
FBIFX vs. FXAIX - Dividend Comparison
FBIFX's dividend yield for the trailing twelve months is around 1.85%, more than FXAIX's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBIFX Fidelity Freedom Index 2040 Fund Investor Class | 1.85% | 1.97% | 2.08% | 1.96% | 2.00% | 18.26% | 2.26% | 1.82% | 1.98% | 2.02% | 3.28% | 0.13% |
FXAIX Fidelity 500 Index Fund | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% | 2.63% | 1.84% |
Drawdowns
FBIFX vs. FXAIX - Drawdown Comparison
The maximum FBIFX drawdown since its inception was -30.73%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FBIFX and FXAIX. For additional features, visit the drawdowns tool.
FBIFX
FXAIX
Volatility
FBIFX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Freedom Index 2040 Fund Investor Class (FBIFX) is 3.49%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.37%. This indicates that FBIFX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
FBIFX
FXAIX
