AAETX vs. FSNKX
Compare and contrast key facts about American Funds 2030 Target Date Retirement Fund (AAETX) and Fidelity Freedom 2010 Fund Class K (FSNKX).
AAETX is managed by American Funds. It was launched on Jan 31, 2007. FSNKX is managed by Fidelity. It was launched on Jul 20, 2017.
Performance
AAETX vs. FSNKX - Performance Comparison
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AAETX vs. FSNKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAETX American Funds 2030 Target Date Retirement Fund | -0.96% | 15.41% | 10.50% | 14.08% | -14.74% | 12.79% | 14.81% | 19.64% | -4.56% | 6.15% |
FSNKX Fidelity Freedom 2010 Fund Class K | 0.75% | 11.42% | 5.33% | 9.94% | -13.18% | 5.67% | 11.22% | 14.40% | -3.50% | 4.12% |
Returns By Period
In the year-to-date period, AAETX achieves a -0.96% return, which is significantly lower than FSNKX's 0.75% return.
AAETX
- 1D
- 0.43%
- 1M
- -2.63%
- YTD
- -0.96%
- 6M
- 0.76%
- 1Y
- 12.59%
- 3Y*
- 11.33%
- 5Y*
- 5.97%
- 10Y*
- 8.57%
FSNKX
- 1D
- 0.34%
- 1M
- -1.26%
- YTD
- 0.75%
- 6M
- 1.95%
- 1Y
- 9.50%
- 3Y*
- 7.63%
- 5Y*
- 3.29%
- 10Y*
- —
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AAETX vs. FSNKX - Expense Ratio Comparison
AAETX has a 0.33% expense ratio, which is lower than FSNKX's 0.44% expense ratio.
Return for Risk
AAETX vs. FSNKX — Risk / Return Rank
AAETX
FSNKX
AAETX vs. FSNKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2030 Target Date Retirement Fund (AAETX) and Fidelity Freedom 2010 Fund Class K (FSNKX). 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.
| AAETX | FSNKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.42 | 1.73 | -0.31 |
Sortino ratioReturn per unit of downside risk | 2.08 | 2.43 | -0.35 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.36 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.04 | 2.51 | -0.47 |
Martin ratioReturn relative to average drawdown | 8.52 | 9.85 | -1.32 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AAETX | FSNKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.42 | 1.73 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.52 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.78 | -0.28 |
Correlation
The correlation between AAETX and FSNKX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
AAETX vs. FSNKX - Dividend Comparison
AAETX's dividend yield for the trailing twelve months is around 6.39%, more than FSNKX's 4.96% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAETX American Funds 2030 Target Date Retirement Fund | 6.39% | 6.33% | 3.73% | 2.69% | 4.39% | 6.47% | 3.57% | 3.95% | 4.46% | 2.46% | 3.46% | 5.52% |
FSNKX Fidelity Freedom 2010 Fund Class K | 4.96% | 4.99% | 3.05% | 2.83% | 7.28% | 9.36% | 6.05% | 5.83% | 7.26% | 3.53% | 0.00% | 0.00% |
Drawdowns
AAETX vs. FSNKX - Drawdown Comparison
The maximum AAETX drawdown since its inception was -49.49%, which is greater than FSNKX's maximum drawdown of -18.31%. Use the drawdown chart below to compare losses from any high point for AAETX and FSNKX.
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Drawdown Indicators
| AAETX | FSNKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.49% | -18.31% | -31.18% |
Max Drawdown (1Y)Largest decline over 1 year | -6.12% | -4.00% | -2.12% |
Max Drawdown (5Y)Largest decline over 5 years | -21.01% | -18.31% | -2.70% |
Max Drawdown (10Y)Largest decline over 10 years | -22.37% | — | — |
Current DrawdownCurrent decline from peak | -4.15% | -2.49% | -1.66% |
Average DrawdownAverage peak-to-trough decline | -6.46% | -3.67% | -2.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.56% | 1.02% | +0.54% |
Volatility
AAETX vs. FSNKX - Volatility Comparison
American Funds 2030 Target Date Retirement Fund (AAETX) has a higher volatility of 3.39% compared to Fidelity Freedom 2010 Fund Class K (FSNKX) at 2.56%. This indicates that AAETX's price experiences larger fluctuations and is considered to be riskier than FSNKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAETX | FSNKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.39% | 2.56% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 5.57% | 3.64% | +1.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.11% | 5.62% | +3.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.71% | 6.34% | +3.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.65% | 6.44% | +4.21% |