FATKX vs. ARFVX
FATKX (Fidelity Freedom 2020 Fund Class K6) and ARFVX (American Century Investments One Choice 2050 Portfolio) are both Target Retirement Date funds. Over the past 5 years, FATKX returned 5.68%/yr vs 5.97%/yr for ARFVX. Their correlation of 0.94 means they have usually moved in the same direction. FATKX charges 0.42%/yr vs 0.88%/yr for ARFVX.
Performance
FATKX vs. ARFVX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FATKX achieves a 6.10% return, which is significantly lower than ARFVX's 7.42% return.
FATKX
- 1D
- 0.13%
- 1M
- -0.76%
- 6M
- 3.85%
- YTD
- 6.10%
- 1Y
- 12.89%
- 3Y*
- 12.35%
- 5Y*
- 5.68%
- 10Y*
- —
- ALL TIME*
- 7.45%
ARFVX
- 1D
- 0.25%
- 1M
- -0.06%
- 6M
- 4.64%
- YTD
- 7.42%
- 1Y
- 15.17%
- 3Y*
- 12.26%
- 5Y*
- 5.97%
- 10Y*
- 9.29%
- ALL TIME*
- 7.43%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FATKX vs. ARFVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FATKX Fidelity Freedom 2020 Fund Class K6 | 6.10% | 15.14% | 11.68% | 13.16% | -15.93% | 9.13% | 13.79% | 18.14% | -5.20% | 6.72% |
ARFVX American Century Investments One Choice 2050 Portfolio | 7.42% | 14.75% | 11.30% | 15.16% | -17.44% | 13.36% | 17.43% | 24.02% | -5.24% | 6.39% |
Correlation
The correlation between FATKX and ARFVX is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.91 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2017 | 0.94 |
The correlation between FATKX and ARFVX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FATKX vs. ARFVX — Risk / Return Rank
FATKX
ARFVX
FATKX vs. ARFVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2020 Fund Class K6 (FATKX) and American Century Investments One Choice 2050 Portfolio (ARFVX). 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.
| FATKX | ARFVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.27 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 2.35 | 1.84 | +0.51 |
| Martin ratioReturn relative to average drawdown | 9.53 | 7.74 | +1.79 |
Loading charts...
Drawdowns
FATKX vs. ARFVX - Drawdown Comparison
The maximum FATKX drawdown since its inception was -22.44%, smaller than the maximum ARFVX drawdown of -47.41%. Use the drawdown chart below to compare losses from any high point for FATKX and ARFVX.
Loading charts...
Drawdown Indicators
| FATKX | ARFVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.44% | -47.41% | +24.97% |
Max Drawdown (1Y)Largest decline over 1 year | -5.48% | -7.82% | +2.34% |
Max Drawdown (3Y)Largest decline over 3 years | -7.30% | -12.64% | +5.34% |
Max Drawdown (5Y)Largest decline over 5 years | -22.44% | -25.12% | +2.68% |
Max Drawdown (10Y)Largest decline over 10 years | — | -29.55% | — |
Current DrawdownCurrent decline from peak | -1.50% | -0.69% | -0.81% |
Average DrawdownAverage peak-to-trough decline | -4.32% | -6.49% | +2.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.34% | 1.85% | -0.51% |
Volatility
FATKX vs. ARFVX - Volatility Comparison
The current volatility for Fidelity Freedom 2020 Fund Class K6 (FATKX) is 2.31%, while American Century Investments One Choice 2050 Portfolio (ARFVX) has a volatility of 2.58%. This indicates that FATKX experiences smaller price fluctuations and is considered to be less risky than ARFVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FATKX | ARFVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.31% | 2.58% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 6.76% | 8.14% | -1.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.80% | 9.85% | -2.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.14% | 12.56% | -3.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.29% | 13.54% | -4.25% |
FATKX vs. ARFVX - Expense Ratio Comparison
FATKX has a 0.42% expense ratio, which is lower than ARFVX's 0.88% expense ratio.
Dividends
FATKX vs. ARFVX - Dividend Comparison
FATKX's dividend yield for the trailing twelve months is around 7.99%, less than ARFVX's 13.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARFVX American Century Investments One Choice 2050 Portfolio | 13.42% | 14.41% | 4.91% | 1.96% | 6.71% | 7.57% | 6.52% | 8.66% | 10.95% | 1.22% | 3.88% | 6.89% |
FATKX Fidelity Freedom 2020 Fund Class K6 | 7.99% | 7.70% | 8.73% | 2.94% | 10.06% | 12.30% | 6.93% | 6.79% | 7.43% | 3.18% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, FATKX and ARFVX 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.
ARFVX has higher volatility (2.58%) compared to FATKX (2.31%). In terms of maximum drawdown, FATKX dropped -22.44% vs ARFVX's -47.41%.
FATKX currently has the higher Sharpe Ratio (1.65 vs 1.46), 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.
Find the right allocation for FATKX and ARFVX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer