FCTKX vs. ^GSPC
Compare and contrast key facts about Fidelity Freedom 2055 Fund Class K6 (FCTKX) and S&P 500 (^GSPC).
FCTKX 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: FCTKX or ^GSPC.
Correlation
The correlation between FCTKX and ^GSPC is 0.92, 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
FCTKX vs. ^GSPC - Performance Comparison
Key characteristics
FCTKX:
1.59
^GSPC:
2.06
FCTKX:
2.20
^GSPC:
2.74
FCTKX:
1.29
^GSPC:
1.38
FCTKX:
1.12
^GSPC:
3.13
FCTKX:
8.66
^GSPC:
12.84
FCTKX:
2.15%
^GSPC:
2.07%
FCTKX:
11.67%
^GSPC:
12.87%
FCTKX:
-35.02%
^GSPC:
-56.78%
FCTKX:
-2.98%
^GSPC:
-1.54%
Returns By Period
The year-to-date returns for both stocks are quite close, with FCTKX having a 2.03% return and ^GSPC slightly lower at 1.96%.
FCTKX
2.03%
1.03%
3.26%
16.74%
4.67%
N/A
^GSPC
1.96%
1.11%
7.77%
23.90%
12.59%
11.36%
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Risk-Adjusted Performance
FCTKX vs. ^GSPC — Risk-Adjusted Performance Rank
FCTKX
^GSPC
FCTKX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2055 Fund Class K6 (FCTKX) 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
FCTKX vs. ^GSPC - Drawdown Comparison
The maximum FCTKX drawdown since its inception was -35.02%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FCTKX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
FCTKX vs. ^GSPC - Volatility Comparison
The current volatility for Fidelity Freedom 2055 Fund Class K6 (FCTKX) is 4.26%, while S&P 500 (^GSPC) has a volatility of 5.07%. This indicates that FCTKX 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.