FCTKX vs. ^GSPC
Compare and contrast key facts about Fidelity Freedom 2055 Fund Class K6 (FCTKX) and S&P 500 (^GSPC).
FCTKX 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 ^GSPC.
Correlation
The correlation between FCTKX and ^GSPC 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. ^GSPC - Performance Comparison
Key characteristics
FCTKX:
1.65
^GSPC:
2.06
FCTKX:
2.28
^GSPC:
2.74
FCTKX:
1.30
^GSPC:
1.38
FCTKX:
1.22
^GSPC:
3.13
FCTKX:
9.00
^GSPC:
12.83
FCTKX:
2.15%
^GSPC:
2.07%
FCTKX:
11.72%
^GSPC:
12.85%
FCTKX:
-35.02%
^GSPC:
-56.78%
FCTKX:
-1.66%
^GSPC:
-0.67%
Returns By Period
In the year-to-date period, FCTKX achieves a 3.42% return, which is significantly higher than ^GSPC's 2.85% return.
FCTKX
3.42%
2.41%
4.80%
18.08%
5.00%
N/A
^GSPC
2.85%
2.00%
8.88%
24.72%
12.77%
11.45%
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Risk-Adjusted Performance
FCTKX vs. ^GSPC — Risk-Adjusted Performance Rank
FCTKX
^GSPC
FCTKX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2055 Fund Class K6 (FCTKX) and S&P 500 (^GSPC). 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.
Drawdowns
FCTKX vs. ^GSPC - Drawdown Comparison
The maximum FCTKX drawdown since its inception was -35.02%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FCTKX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
FCTKX vs. ^GSPC - Volatility Comparison
The current volatility for Fidelity Freedom 2055 Fund Class K6 (FCTKX) is 4.46%, while S&P 500 (^GSPC) has a volatility of 5.14%. This indicates that FCTKX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.