FATKX vs. ^GSPC
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.
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.
Performance
FATKX vs. ^GSPC - Performance Comparison
Key characteristics
FATKX:
1.25
^GSPC:
1.77
FATKX:
1.79
^GSPC:
2.39
FATKX:
1.23
^GSPC:
1.32
FATKX:
0.56
^GSPC:
2.66
FATKX:
5.33
^GSPC:
10.85
FATKX:
1.69%
^GSPC:
2.08%
FATKX:
7.23%
^GSPC:
12.79%
FATKX:
-30.13%
^GSPC:
-56.78%
FATKX:
-8.63%
^GSPC:
0.00%
Returns By Period
In the year-to-date period, FATKX achieves a 3.57% return, which is significantly lower than ^GSPC's 4.22% return.
FATKX
3.57%
2.57%
1.78%
8.62%
0.46%
N/A
^GSPC
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
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Risk-Adjusted Performance
FATKX vs. ^GSPC — Risk-Adjusted Performance Rank
FATKX
^GSPC
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.
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. For additional features, visit the drawdowns tool.
Volatility
FATKX vs. ^GSPC - Volatility Comparison
The current volatility for Fidelity Freedom 2020 Fund Class K6 (FATKX) is 1.87%, while S&P 500 (^GSPC) has a volatility of 3.19%. 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.