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ISIN
US3157932167
CUSIP
315793216
Issuer
Fidelity
Inception Date
Oct 17, 1996
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

FATKX Performance Chart

Fidelity Freedom 2020 Fund Class K6 (FATKX) is up 7.7% since the beginning of the year. FATKX is currently trading at $16 per share. Investors who bought $1,000 worth of FATKX shares 5 years ago would now be looking at an investment worth $1,359.


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S&P 500 Index

Returns By Period

Fidelity Freedom 2020 Fund Class K6 (FATKX) has returned 7.72% so far this year and 17.50% over the past 12 months.


Fidelity Freedom 2020 Fund Class K6

1D
0.88%
1M
1.98%
YTD
7.72%
6M
7.82%
1Y
17.50%
3Y*
13.22%
5Y*
6.33%
10Y*

Benchmark (S&P 500 Index)

1D
-0.37%
1M
-0.01%
YTD
9.16%
6M
8.64%
1Y
25.22%
3Y*
19.78%
5Y*
11.99%
10Y*
13.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FATKX Monthly Returns History

Based on dividend-adjusted daily data since Jun 15, 2017, FATKX's average daily return is +0.03%, while the average monthly return is +0.66%. At this rate, an investment would double in approximately 8.8 years.

Historically, 68% of months were positive and 32% were negative. The best month was Nov 2020 with a return of +7.3%, while the worst month was Mar 2020 at -8.9%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, FATKX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +3.9%, while the worst single day was Mar 12, 2020 at -5.1%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.04%2.12%-3.84%4.65%1.83%0.88%7.72%
20252.10%1.10%-1.49%0.62%2.47%3.01%0.33%1.79%2.21%1.21%0.31%0.60%15.14%
2024-0.00%1.58%2.19%-2.97%3.07%1.05%2.08%1.63%1.74%-2.36%2.02%1.27%11.68%
20235.83%-2.90%2.53%0.90%-1.07%2.48%1.68%-1.87%-3.30%-2.35%6.53%4.62%13.16%
2022-2.96%-1.99%-0.70%-5.62%0.22%-5.64%4.69%-3.11%-7.46%2.50%6.45%-2.63%-15.93%
2021-0.00%1.46%0.75%2.52%1.36%0.81%0.34%1.14%-2.09%2.48%-1.52%1.62%9.13%

Benchmark Metrics

Fidelity Freedom 2020 Fund Class K6 has an annualized alpha of 1.61%, beta of 0.44, and R2 of 0.80 versus S&P 500 Index. Calculated based on daily prices since June 15, 2017.

  • This fund participated in 58.63% of S&P 500 Index downside but only 50.19% of its upside - more exposed to losses than it benefited from rallies.
  • Beta of 0.44 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
1.61%
Beta
0.44
0.80
Upside Capture
50.19%
Downside Capture
58.63%

Expense Ratio

FATKX has an expense ratio of 0.42%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FATKX ranks 76 for risk / return — better than 76% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


FATKX Risk / Return Rank: 7676
Overall Rank
FATKX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
FATKX Sortino Ratio Rank: 7676
Sortino Ratio Rank
FATKX Omega Ratio Rank: 7878
Omega Ratio Rank
FATKX Calmar Ratio Rank: 7474
Calmar Ratio Rank
FATKX Martin Ratio Rank: 7979
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Freedom 2020 Fund Class K6 (FATKX) and compare them to S&P 500 Index.

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.


FATKXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.31

Sortino ratioReturn per unit of downside risk

+0.57

Omega ratioGain probability vs. loss probability

1.46

1.37

+0.10

Calmar ratioReturn relative to maximum drawdown

3.19

2.78

+0.41

Martin ratioReturn relative to average drawdown

13.71

12.44

+1.27

Dividends

Dividend History

Fidelity Freedom 2020 Fund Class K6 provided a 7.87% dividend yield over the last twelve months, with an annual payout of $1.26 per share.


2.00%4.00%6.00%8.00%10.00%12.00%$0.00$0.50$1.00$1.50$2.00201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM202520242023202220212020201920182017
Dividend$1.26$1.17$1.25$0.41$1.28$2.04$1.19$1.10$1.09$0.53

Dividend yield

7.87%7.70%8.73%2.94%10.06%12.30%6.93%6.79%7.43%3.18%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Freedom 2020 Fund Class K6. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.44$0.00$0.44
2025$0.00$0.00$0.00$0.00$0.35$0.00$0.00$0.00$0.00$0.00$0.00$0.82$1.17
2024$0.00$0.00$0.00$0.00$0.20$0.00$0.00$0.00$0.00$0.00$0.00$1.05$1.25
2023$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.00$0.38$0.41
2022$0.00$0.00$0.00$0.00$0.80$0.00$0.00$0.00$0.00$0.00$0.00$0.48$1.28
2021$0.00$0.00$0.00$0.00$0.82$0.00$0.00$0.00$0.00$0.00$0.00$1.22$2.04

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Freedom 2020 Fund Class K6. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Fidelity Freedom 2020 Fund Class K6 was 22.44%, occurring on Oct 14, 2022. Recovery took 434 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-22.44%Oct 2022
11mo 8d1y 9mo
2y 8moNov 2021 - Jul 2024
COVID crash2020
-19.70%Mar 2020
1mo 2d4mo
5mo 2dFeb 2020 - Jul 2020
Rate-hike selloffLate 2018
-11.48%Dec 2018
10mo 29d5mo 27d
1y 4moJan 2018 - Jun 2019
2025 selloff2025
-7.30%Apr 2025
1mo 18d1mo 4d
2mo 22dFeb 2025 - May 2025
2026 pullback2026
-5.48%Mar 2026
28d21d
1mo 19dFeb 2026 - Apr 2026

Drawdown Indicators


FATKXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-22.44%

-56.78%

+34.34%

Max Drawdown (1Y)

Largest decline over 1 year

-5.48%

-9.10%

+3.62%

Max Drawdown (3Y)

Largest decline over 3 years

-7.64%

-18.90%

+11.26%

Max Drawdown (5Y)

Largest decline over 5 years

-22.44%

-25.43%

+2.99%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

0.00%

-1.80%

+1.80%

Average Drawdown

Average peak-to-trough decline

-4.36%

-10.71%

+6.35%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.27%

2.03%

-0.76%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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