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.
Performance
FCTKX vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, FCTKX achieves a 15.88% return, which is significantly lower than ^GSPC's 24.05% return.
FCTKX
15.88%
-1.62%
5.48%
22.78%
5.72%
N/A
^GSPC
24.05%
0.89%
11.19%
30.12%
13.82%
11.14%
Key characteristics
| FCTKX | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 2.07 | 2.54 |
| Sortino Ratio | 2.89 | 3.40 |
| Omega Ratio | 1.37 | 1.47 |
| Calmar Ratio | 1.16 | 3.66 |
| Martin Ratio | 13.10 | 16.28 |
| Ulcer Index | 1.80% | 1.91% |
| Daily Std Dev | 11.33% | 12.25% |
| Max Drawdown | -35.02% | -56.78% |
| Current Drawdown | -2.21% | -1.41% |
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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.
Risk-Adjusted Performance
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 3.20%, while S&P 500 (^GSPC) has a volatility of 4.07%. 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.