Fidelity Freedom Blend 2060 Fund Overview
Latest ROE for Fidelity Freedom Blend 2060 Fund: 1.06% — see history and peer comparisons.
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+ Follow1.06%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Fidelity Freedom Blend 2060 Fund (FHANX) currently reports a ROE of 1.06%. That is below the sector sector average of 11.73%. Use the charts on this page to explore Fidelity Freedom Blend 2060 Fund's ROE history and peer comparisons.
Fidelity Freedom Blend 2060 Fund's ROE of 1.06% is lower than the its sector sector average of 11.73%. That is roughly 91.0% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
There is no universal 'good' ROE, but Fidelity Freedom Blend 2060 Fund's current 1.06% should be judged against industry norms (sector average: 11.73%) and against FHANX's own history. Strong, stable readings often indicate durable competitive advantage; volatile or declining ones deserve a closer look at margins and capital efficiency.
Start with the current ROE of 1.06%, then check the historical chart for trend and the peer comparison chart for relative positioning. The sector average is 11.73%. From there, open related valuation or income-statement pages for Fidelity Freedom Blend 2060 Fund, and consider following FHANX for alerts when major investors trade the stock.
