FCTKX vs. FXAIX
Compare and contrast key facts about Fidelity Freedom 2055 Fund Class K6 (FCTKX) and Fidelity 500 Index Fund (FXAIX).
FCTKX is managed by Fidelity. It was launched on Jun 1, 2011. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCTKX or FXAIX.
Performance
FCTKX vs. FXAIX - Performance Comparison
Returns By Period
In the year-to-date period, FCTKX achieves a 14.95% return, which is significantly lower than FXAIX's 24.55% return.
FCTKX
14.95%
-2.41%
4.71%
22.53%
5.45%
N/A
FXAIX
24.55%
0.58%
11.42%
32.03%
15.31%
13.02%
Key characteristics
| FCTKX | FXAIX | |
|---|---|---|
| Sharpe Ratio | 2.04 | 2.63 |
| Sortino Ratio | 2.85 | 3.52 |
| Omega Ratio | 1.37 | 1.49 |
| Calmar Ratio | 1.10 | 3.81 |
| Martin Ratio | 13.00 | 17.22 |
| Ulcer Index | 1.78% | 1.87% |
| Daily Std Dev | 11.34% | 12.24% |
| Max Drawdown | -35.02% | -33.79% |
| Current Drawdown | -2.99% | -2.14% |
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FCTKX vs. FXAIX - Expense Ratio Comparison
FCTKX has a 0.50% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Correlation
The correlation between FCTKX and FXAIX 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. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2055 Fund Class K6 (FCTKX) and Fidelity 500 Index Fund (FXAIX). 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.
Dividends
FCTKX vs. FXAIX - Dividend Comparison
FCTKX's dividend yield for the trailing twelve months is around 1.33%, more than FXAIX's 1.24% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCTKX Fidelity Freedom 2055 Fund Class K6 | 1.33% | 1.53% | 2.32% | 2.48% | 1.20% | 1.69% | 1.98% | 1.27% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.24% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
FCTKX vs. FXAIX - Drawdown Comparison
The maximum FCTKX drawdown since its inception was -35.02%, roughly equal to the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FCTKX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FCTKX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Freedom 2055 Fund Class K6 (FCTKX) is 3.21%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.05%. This indicates that FCTKX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.