DRIKX vs. FDEEX
Compare and contrast key facts about Dimensional 2055 Target Date Retirement Income Fund (DRIKX) and Fidelity Freedom 2055 Fund (FDEEX).
DRIKX is managed by Dimensional Fund Advisors LP. It was launched on Nov 1, 2015. FDEEX is managed by Fidelity. It was launched on Jun 1, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DRIKX or FDEEX.
Performance
DRIKX vs. FDEEX - Performance Comparison
Returns By Period
In the year-to-date period, DRIKX achieves a 18.40% return, which is significantly higher than FDEEX's 15.48% return.
DRIKX
18.40%
-0.05%
7.98%
25.12%
11.86%
N/A
FDEEX
15.48%
-1.15%
5.69%
22.73%
5.41%
5.06%
Key characteristics
| DRIKX | FDEEX | |
|---|---|---|
| Sharpe Ratio | 2.27 | 1.96 |
| Sortino Ratio | 3.09 | 2.74 |
| Omega Ratio | 1.41 | 1.35 |
| Calmar Ratio | 3.24 | 1.08 |
| Martin Ratio | 14.72 | 12.28 |
| Ulcer Index | 1.68% | 1.82% |
| Daily Std Dev | 10.90% | 11.40% |
| Max Drawdown | -33.48% | -35.11% |
| Current Drawdown | -1.58% | -2.58% |
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DRIKX vs. FDEEX - Expense Ratio Comparison
DRIKX has a 0.22% expense ratio, which is lower than FDEEX's 0.75% expense ratio.
Correlation
The correlation between DRIKX and FDEEX is 0.96, 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.
Risk-Adjusted Performance
DRIKX vs. FDEEX - Risk-Adjusted Performance 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.
Dividends
DRIKX vs. FDEEX - Dividend Comparison
DRIKX's dividend yield for the trailing twelve months is around 1.74%, more than FDEEX's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DRIKX Dimensional 2055 Target Date Retirement Income Fund | 1.74% | 1.95% | 1.93% | 1.54% | 1.50% | 1.94% | 2.10% | 1.90% | 2.02% | 0.55% | 0.00% | 0.00% |
FDEEX Fidelity Freedom 2055 Fund | 1.08% | 1.25% | 2.11% | 2.24% | 1.01% | 1.48% | 1.58% | 1.10% | 1.38% | 3.59% | 6.52% | 5.45% |
Drawdowns
DRIKX vs. FDEEX - Drawdown Comparison
The maximum DRIKX drawdown since its inception was -33.48%, roughly equal to the maximum FDEEX drawdown of -35.11%. Use the drawdown chart below to compare losses from any high point for DRIKX and FDEEX. For additional features, visit the drawdowns tool.
Volatility
DRIKX vs. FDEEX - Volatility Comparison
Dimensional 2055 Target Date Retirement Income Fund (DRIKX) and Fidelity Freedom 2055 Fund (FDEEX) have volatilities of 3.21% and 3.19%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.