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Fidelity Freedom 2050 Fund Class K6 (FZTKX) Sharpe Ratio: 1.61

Mutual Fund · Currency in USD · Last updated Aug 1, 2026

The fund invests in a combination of Fidelity U.S. equity funds, international equity funds, bond funds, and short-term funds. The adviser allocates its assets according to a neutral asset allocation strategy shown in the glide path below that adjusts over time until it reaches an allocation similar to that of the Fidelity Freedom Income Fund, approximately 10 to 19 years after the year 2050.

FZTKX's Sharpe Ratio of 1.61 indicates that for each unit of volatility, it generates 1.61 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Aug 1, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

FZTKX Sharpe Ratio Rank

FZTKX Sharpe Ratio Rank: 69.570
Above Average

FZTKX ranks above 69.5% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

FZTKX Sharpe Ratio Market Positioning

The chart shows FZTKX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.93 or lower
  • Yellow zone (middle 50%): 0.93 to 1.81
  • Green zone (top 25%): 1.81 or higher
  • Top 1%: 3.75+
  • Median: 1.45 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Fidelity Freedom 2050 Fund Class K6's Sharpe Ratio with other mutual funds in the Target Retirement Date category across multiple time periods, showing how FZTKX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Aug 1, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
SSFNXState Street Target Retirement Fund2.09
PDAHXPrudential Day One Income Fund2.07
URINXUSAA Target Retirement Income Fund2.05
PADLXPutnam Retirement Advantage Maturity Fund2.05
SSBRXState Street Target Retirement 2025 Fund1.97
URTRXUSAA Target Retirement 2030 Fund1.96
URFRXUSAA Target Retirement 2040 Fund1.94
PDEJXPrudential Day One 2025 Fund1.92
URFFXUSAA Target Retirement 2050 Fund1.91
TDIFXDimensional Retirement Income Fund1.91
FZTKXFidelity Freedom 2050 Fund Class K61.61
Benchmark

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Historical Sharpe Ratio

The chart shows FZTKX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when FZTKX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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How does FZTKX fit in your portfolio?

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