Correlation
The correlation between FCTKX and FDEWX is 0.93, 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.
FCTKX vs. FDEWX
Compare and contrast key facts about Fidelity Freedom 2055 Fund Class K6 (FCTKX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX).
FCTKX is managed by Fidelity. It was launched on Jun 1, 2011. FDEWX 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 FDEWX.
Performance
FCTKX vs. FDEWX - Performance Comparison
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Key characteristics
FCTKX:
0.75
FDEWX:
0.83
FCTKX:
1.03
FDEWX:
1.13
FCTKX:
1.14
FDEWX:
1.16
FCTKX:
0.71
FDEWX:
0.79
FCTKX:
3.05
FDEWX:
3.49
FCTKX:
3.59%
FDEWX:
3.33%
FCTKX:
16.65%
FDEWX:
15.77%
FCTKX:
-30.94%
FDEWX:
-30.69%
FCTKX:
-0.36%
FDEWX:
-0.35%
Returns By Period
In the year-to-date period, FCTKX achieves a 6.55% return, which is significantly higher than FDEWX's 5.47% return.
FCTKX
6.55%
5.35%
3.20%
11.73%
11.39%
12.83%
N/A
FDEWX
5.47%
4.69%
2.46%
12.22%
10.66%
11.43%
8.76%
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FCTKX vs. FDEWX - Expense Ratio Comparison
FCTKX has a 0.50% expense ratio, which is higher than FDEWX's 0.12% expense ratio.
Risk-Adjusted Performance
FCTKX vs. FDEWX — Risk-Adjusted Performance Rank
FCTKX
FDEWX
FCTKX vs. FDEWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2055 Fund Class K6 (FCTKX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX). 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.
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Dividends
FCTKX vs. FDEWX - Dividend Comparison
FCTKX's dividend yield for the trailing twelve months is around 4.38%, more than FDEWX's 1.92% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCTKX Fidelity Freedom 2055 Fund Class K6 | 4.38% | 2.31% | 2.19% | 11.70% | 11.47% | 4.40% | 6.53% | 7.08% | 2.74% | 0.00% | 0.00% | 0.00% |
FDEWX Fidelity Freedom Index 2055 Fund Investor Class | 1.92% | 1.98% | 1.92% | 2.00% | 1.89% | 1.87% | 10.83% | 2.39% | 1.93% | 2.42% | 2.31% | 1.89% |
Drawdowns
FCTKX vs. FDEWX - Drawdown Comparison
The maximum FCTKX drawdown since its inception was -30.94%, roughly equal to the maximum FDEWX drawdown of -30.69%. Use the drawdown chart below to compare losses from any high point for FCTKX and FDEWX.
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Volatility
FCTKX vs. FDEWX - Volatility Comparison
Fidelity Freedom 2055 Fund Class K6 (FCTKX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) have volatilities of 3.41% and 3.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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