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FATKX vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between FATKX and ^GSPC is 0.86, 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.

FATKX vs. ^GSPC

Last updated May 31, 2025

Compare and contrast key facts about Fidelity Freedom 2020 Fund Class K6 (FATKX) and S&P 500 (^GSPC).

FATKX is managed by Fidelity. It was launched on Oct 17, 1996.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FATKX or ^GSPC.

Performance

FATKX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2020 Fund Class K6 (FATKX) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FATKX:

0.64

^GSPC:

0.66

Sortino Ratio

FATKX:

0.83

^GSPC:

0.94

Omega Ratio

FATKX:

1.11

^GSPC:

1.14

Calmar Ratio

FATKX:

0.34

^GSPC:

0.60

Martin Ratio

FATKX:

2.27

^GSPC:

2.28

Ulcer Index

FATKX:

2.26%

^GSPC:

5.01%

Daily Std Dev

FATKX:

9.19%

^GSPC:

19.77%

Max Drawdown

FATKX:

-30.13%

^GSPC:

-56.78%

Current Drawdown

FATKX:

-9.41%

^GSPC:

-3.78%

Returns By Period

In the year-to-date period, FATKX achieves a 2.68% return, which is significantly higher than ^GSPC's 0.51% return.

FATKX

YTD

2.68%

1M

0.36%

6M

-0.82%

1Y

5.88%

3Y*

4.52%

5Y*

1.97%

10Y*

N/A

^GSPC

YTD

0.51%

1M

6.15%

6M

-2.00%

1Y

12.92%

3Y*

12.68%

5Y*

14.19%

10Y*

10.85%

*Annualized

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Fidelity Freedom 2020 Fund Class K6

S&P 500

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FATKX vs. ^GSPC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FATKX
The Risk-Adjusted Performance Rank of FATKX is 4141
Overall Rank
The Sharpe Ratio Rank of FATKX is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of FATKX is 4040
Sortino Ratio Rank
The Omega Ratio Rank of FATKX is 3939
Omega Ratio Rank
The Calmar Ratio Rank of FATKX is 3333
Calmar Ratio Rank
The Martin Ratio Rank of FATKX is 5151
Martin Ratio Rank
^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 6565
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 6060
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 6363
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 6464
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 7070
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FATKX vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2020 Fund Class K6 (FATKX) and S&P 500 (^GSPC). 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.

The current FATKX Sharpe Ratio is 0.64, which is comparable to the ^GSPC Sharpe Ratio of 0.66. The chart below compares the historical Sharpe Ratios of FATKX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Drawdowns

FATKX vs. ^GSPC - Drawdown Comparison

The maximum FATKX drawdown since its inception was -30.13%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FATKX and ^GSPC.

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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FATKX vs. ^GSPC - Volatility Comparison

The current volatility for Fidelity Freedom 2020 Fund Class K6 (FATKX) is 2.94%, while S&P 500 (^GSPC) has a volatility of 4.77%. This indicates that FATKX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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