Fidelity Freedom 2030 Fund Class K6 (FGTKX) belongs to the Target Retirement Date category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FGTKX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FGTKX
FGTKX charges 0.46% annually. There are 380 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | FGTKX vs LTFIX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | FGTKX vs PPLIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | FGTKX vs JIEHX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | FGTKX vs FCQTX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | FGTKX vs PMTIX |
Best Risk-Adjusted Alternatives to FGTKX
FGTKX has a PortfoliosLab risk / return rank of 72. There are 141 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 87 | — | Sep 2014 | FGTKX vs SSFNX | |
| USAA Target Retirement 2040 Fund | 86 | — | Jul 2008 | FGTKX vs URFRX | |
| USAA Target Retirement 2050 Fund | 86 | — | Jul 2008 | FGTKX vs URFFX | |
| USAA Target Retirement Income Fund | 86 | — | Jul 2008 | FGTKX vs URINX | |
| State Street Target Retirement 2025 Fund | 86 | — | Sep 2014 | FGTKX vs SSBRX |
Top Performing FGTKX Alternatives (YTD)
FGTKX is at 8.76% YTD. There are 328 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 14.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 14.49% | — | Jul 2013 | FGTKX vs URSIX | |
| Fidelity Flex Freedom Blend 2060 Fund | 14.31% | — | Jun 2017 | FGTKX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 14.25% | — | Jun 2019 | FGTKX vs FDFPX | |
| Fidelity Freedom 2065 Fund Class K6 | 14.22% | — | Jun 2019 | FGTKX vs FFSZX | |
| Fidelity Freedom 2060 Fund Class K6 | 14.22% | — | Aug 2014 | FGTKX vs FVTKX |
Lowest Volatility Alternatives to FGTKX
FGTKX has 9.81% 1-year volatility. There are 277 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.50% | — | Nov 2015 | FGTKX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.45% | — | Oct 2009 | FGTKX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | FGTKX vs FFGZX | |
| MFS Lifetime Income Fund | 4.50% | — | Sep 2005 | FGTKX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.51% | — | Nov 2015 | FGTKX vs DRIQX |
Lowest Drawdown Alternatives to FGTKX
FGTKX has a 1-year max drawdown of -6.86%. There are 247 mutual funds in the Target Retirement Date category with shallower 1-year drawdowns, going as shallow as -2.61%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.61% | — | Nov 2015 | FGTKX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | FGTKX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FGTKX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | FGTKX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | FGTKX vs PRMYX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 75 | 11.76% | — | Feb 1988 | FGTKX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 82 | 51.40% | — | Jul 1985 | FGTKX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 76 | 12.27% | — | — | FGTKX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 75 | 12.20% | — | — | FGTKX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 17 | 2.47% | — | — | FGTKX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 49 | 13.81% | — | Dec 1987 | FGTKX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 33 | 9.08% | 176.32B | May 1967 | FGTKX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 72 | 11.48% | — | — | FGTKX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 64 | 12.40% | — | Nov 1997 | FGTKX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 71 | 13.68% | — | Jun 2016 | FGTKX vs FTIHX |
Often Compared With FGTKX
Investors most often compare FGTKX with FWTKX, VOO, FHTKX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare FGTKX with Any Fund or Stock
Compare FGTKX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FGTKX with funds that move differently
Fidelity Freedom 2030 Fund Class K6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FGTKX.
Explore FGTKX Diversifiers