DRIKX vs. FDEEX

Last updated Aug 1, 2026

DRIKX (Dimensional 2055 Target Date Retirement Income Fund) and FDEEX (Fidelity Freedom 2055 Fund) are both Target Retirement Date funds. Over the past 10 years, DRIKX returned 12.10%/yr vs 11.81%/yr for FDEEX. Their 0.96 correlation means they have historically moved very closely together. DRIKX charges 0.22%/yr vs 0.75%/yr for FDEEX.

Performance

DRIKX vs. FDEEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional 2055 Target Date Retirement Income Fund (DRIKX) and Fidelity Freedom 2055 Fund (FDEEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRIKX achieves a 10.72% return, which is significantly lower than FDEEX's 12.01% return. Both investments have delivered pretty close results over the past 10 years, with DRIKX having a 12.10% annualized return and FDEEX not far behind at 11.81%.

DRIKX

• 1D: 1.69%
• 1M: -0.16%
• 6M: 7.53%
• YTD: 10.72%
• 1Y: 22.29%
• 3Y*: 17.13%
• 5Y*: 10.94%
• 10Y*: 12.10%
• ALL TIME*: 12.22%

FDEEX

• 1D: 2.26%
• 1M: -1.21%
• 6M: 7.88%
• YTD: 12.01%
• 1Y: 24.52%
• 3Y*: 17.85%
• 5Y*: 9.72%
• 10Y*: 11.81%
• ALL TIME*: 10.02%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DRIKX Dimensional 2055 Target Date Retirement Income Fund	$0.00	$0.00	$0.00
FDEEX Fidelity Freedom 2055 Fund	$0.00	$0.00	$0.00

DRIKX vs. FDEEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DRIKX Dimensional 2055 Target Date Retirement Income Fund	10.72%	19.29%	17.19%	21.26%	-15.32%	21.28%	14.20%	25.63%	-9.16%	21.59%
FDEEX Fidelity Freedom 2055 Fund	12.01%	23.74%	14.02%	20.55%	-19.19%	16.57%	18.26%	25.35%	-8.92%	22.32%

Correlation

The correlation between DRIKX and FDEEX is 0.93, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.93
Correlation (3Y) Balances recent behavior with more history.	0.95
Correlation (5Y) Shows whether the relationship held over a longer period.	0.96
Correlation (10Y) Provides a long-term view across more market conditions.	0.96
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.96

The correlation between DRIKX and FDEEX has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.

Return for Risk

DRIKX vs. FDEEX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

DRIKX

DRIKX Risk / Return Rank: 76
DRIKX Sharpe Ratio Rank: 76
DRIKX Sortino Ratio Rank: 73
DRIKX Omega Ratio Rank: 72
DRIKX Calmar Ratio Rank: 76
DRIKX Martin Ratio Rank: 84

FDEEX

FDEEX Risk / Return Rank: 72
FDEEX Sharpe Ratio Rank: 70
FDEEX Sortino Ratio Rank: 67
FDEEX Omega Ratio Rank: 68
FDEEX Calmar Ratio Rank: 74
FDEEX Martin Ratio Rank: 82

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

DRIKX vs. FDEEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional 2055 Target Date Retirement Income Fund (DRIKX) and Fidelity Freedom 2055 Fund (FDEEX). 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.

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.

	DRIKX	FDEEX	Difference
Sharpe ratio: Return per unit of total volatility	1.77	1.59	+0.19
Sortino ratio: Return per unit of downside risk	2.50	2.23	+0.27
Omega ratio: Gain probability vs. loss probability	1.32	1.29	+0.03
Calmar ratio: Return relative to maximum drawdown	2.51	2.33	+0.18
Martin ratio: Return relative to average drawdown	10.54	9.76	+0.77

DRIKX vs. FDEEX - Sharpe Ratio Comparison

The current DRIKX Sharpe Ratio is 1.77, which is comparable to the FDEEX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of DRIKX and FDEEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DRIKX vs. FDEEX - Drawdown Comparison

The maximum DRIKX drawdown since its inception was -33.48%, which is greater than FDEEX's maximum drawdown of -31.00%. Use the drawdown chart below to compare losses from any high point for DRIKX and FDEEX.

Drawdown Indicators

	DRIKX	FDEEX	Difference
Max Drawdown Largest peak-to-trough decline	-33.48%	-31.00%	-2.48%
Max Drawdown (1Y) Largest decline over 1 year	-8.59%	-9.79%	+1.20%
Max Drawdown (3Y) Largest decline over 3 years	-16.02%	-15.39%	-0.63%
Max Drawdown (5Y) Largest decline over 5 years	-23.49%	-27.34%	+3.85%
Max Drawdown (10Y) Largest decline over 10 years	-33.48%	-31.00%	-2.48%
Current Drawdown Current decline from peak	-1.48%	-2.53%	+1.05%
Average Drawdown Average peak-to-trough decline	-4.20%	-4.80%	+0.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	2.34%	-0.34%

Volatility

DRIKX vs. FDEEX - Volatility Comparison

The current volatility for Dimensional 2055 Target Date Retirement Income Fund (DRIKX) is 3.40%, while Fidelity Freedom 2055 Fund (FDEEX) has a volatility of 4.39%. This indicates that DRIKX experiences smaller price fluctuations and is considered to be less risky than FDEEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DRIKX	FDEEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.40%	4.39%	-0.99%
Volatility (6M) Calculated over the trailing 6-month period	9.89%	12.42%	-2.53%
Volatility (1Y) Calculated over the trailing 1-year period	12.20%	14.41%	-2.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.94%	15.27%	-0.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.69%	15.40%	+0.29%

DRIKX vs. FDEEX - Expense Ratio Comparison

DRIKX has a 0.22% expense ratio, which is lower than FDEEX's 0.75% expense ratio.

Dividends

DRIKX vs. FDEEX - Dividend Comparison

DRIKX's dividend yield for the trailing twelve months is around 1.81%, less than FDEEX's 5.05% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRIKX Dimensional 2055 Target Date Retirement Income Fund	1.81%	1.24%	2.44%	3.19%	3.92%	2.37%	2.41%	2.12%	2.27%	1.18%	1.39%	0.00%
FDEEX Fidelity Freedom 2055 Fund	5.05%	3.87%	1.73%	1.91%	10.33%	11.20%	4.20%	6.23%	6.68%	3.59%	3.52%	4.99%

Frequently Asked Questions

Can I hold both DRIKX and FDEEX in my portfolio?

With a correlation of 0.93, DRIKX and FDEEX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DRIKX or FDEEX?

FDEEX has higher volatility (4.39%) compared to DRIKX (3.40%). In terms of maximum drawdown, DRIKX dropped -33.48% vs FDEEX's -31.00%.

Which has better risk-adjusted returns?

DRIKX currently has the higher Sharpe Ratio (1.77 vs 1.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.