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
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Key characteristics
FCTKX:
0.47
SPY:
0.66
FCTKX:
0.79
SPY:
1.08
FCTKX:
1.11
SPY:
1.16
FCTKX:
0.53
SPY:
0.72
FCTKX:
2.23
SPY:
2.78
FCTKX:
3.66%
SPY:
4.88%
FCTKX:
16.80%
SPY:
20.26%
FCTKX:
-35.02%
SPY:
-55.19%
FCTKX:
-1.73%
SPY:
-2.99%
Returns By Period
In the year-to-date period, FCTKX achieves a 4.31% return, which is significantly higher than SPY's 1.46% return.
FCTKX
4.31%
8.50%
2.34%
7.88%
11.17%
8.64%
N/A
SPY
1.46%
12.62%
1.07%
13.27%
16.71%
16.68%
12.71%
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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.
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Dividends
FCTKX vs. SPY - Dividend Comparison
FCTKX's dividend yield for the trailing twelve months is around 1.61%, more than SPY's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCTKX Fidelity Freedom 2055 Fund Class K6 | 1.61% | 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 | 1.21% | 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.
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Volatility
FCTKX vs. SPY - Volatility Comparison
The current volatility for Fidelity Freedom 2055 Fund Class K6 (FCTKX) is 4.33%, while SPDR S&P 500 ETF (SPY) has a volatility of 4.66%. 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.
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