FCTKX vs. SPY
Compare and contrast key facts about Fidelity Freedom 2055 Fund Class K6 (FCTKX) and SPDR S&P 500 ETF (SPY).
FCTKX is managed by Fidelity. It was launched on Jun 1, 2011. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCTKX or SPY.
Correlation
The correlation between FCTKX and SPY 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. SPY - Performance Comparison
Key characteristics
FCTKX:
1.59
SPY:
2.20
FCTKX:
2.20
SPY:
2.91
FCTKX:
1.29
SPY:
1.41
FCTKX:
1.12
SPY:
3.35
FCTKX:
8.66
SPY:
13.99
FCTKX:
2.15%
SPY:
2.01%
FCTKX:
11.67%
SPY:
12.79%
FCTKX:
-35.02%
SPY:
-55.19%
FCTKX:
-2.98%
SPY:
-1.35%
Returns By Period
The year-to-date returns for both stocks are quite close, with FCTKX having a 2.03% return and SPY slightly lower at 1.96%.
FCTKX
2.03%
1.03%
3.26%
16.74%
4.67%
N/A
SPY
1.96%
1.09%
8.43%
25.46%
14.30%
13.29%
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FCTKX vs. SPY - Expense Ratio Comparison
FCTKX has a 0.50% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FCTKX vs. SPY — Risk-Adjusted Performance Rank
FCTKX
SPY
FCTKX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2055 Fund Class K6 (FCTKX) and SPDR S&P 500 ETF (SPY). 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. SPY - Dividend Comparison
FCTKX's dividend yield for the trailing twelve months is around 1.65%, more than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCTKX Fidelity Freedom 2055 Fund Class K6 | 1.65% | 1.68% | 1.53% | 2.32% | 2.48% | 1.20% | 1.69% | 1.98% | 1.27% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FCTKX vs. SPY - Drawdown Comparison
The maximum FCTKX drawdown since its inception was -35.02%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FCTKX and SPY. For additional features, visit the drawdowns tool.
Volatility
FCTKX vs. SPY - Volatility Comparison
The current volatility for Fidelity Freedom 2055 Fund Class K6 (FCTKX) is 4.26%, while SPDR S&P 500 ETF (SPY) has a volatility of 5.10%. This indicates that FCTKX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.