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 0.93, 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.
Performance
FCTKX vs. SPY - Performance Comparison
Key characteristics
FCTKX:
0.77
SPY:
0.72
FCTKX:
1.17
SPY:
1.13
FCTKX:
1.16
SPY:
1.17
FCTKX:
0.83
SPY:
0.76
FCTKX:
3.57
SPY:
3.04
FCTKX:
3.56%
SPY:
4.72%
FCTKX:
16.61%
SPY:
20.06%
FCTKX:
-30.94%
SPY:
-55.19%
FCTKX:
-3.04%
SPY:
-7.25%
Returns By Period
In the year-to-date period, FCTKX achieves a 2.92% return, which is significantly higher than SPY's -3.01% return.
FCTKX
2.92%
5.59%
2.64%
10.32%
13.72%
N/A
SPY
-3.01%
5.60%
-0.12%
12.26%
16.60%
12.50%
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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 1.63%, more than SPY's 1.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCTKX Fidelity Freedom 2055 Fund Class K6 | 1.63% | 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 | 1.26% | 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 -30.94%, 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 11.55%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.07%. 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.