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.
Performance
FCTKX vs. ^GSPC - Performance Comparison
Returns By Period
In the year-to-date period, FCTKX achieves a 15.52% return, which is significantly lower than ^GSPC's 23.56% return.
FCTKX
15.52%
-1.93%
5.09%
23.13%
5.60%
N/A
^GSPC
23.56%
0.49%
11.03%
30.56%
13.70%
11.10%
Key characteristics
| FCTKX | ^GSPC | |
|---|---|---|
| Sharpe Ratio | 2.10 | 2.51 |
| Sortino Ratio | 2.93 | 3.36 |
| Omega Ratio | 1.38 | 1.47 |
| Calmar Ratio | 1.16 | 3.62 |
| Martin Ratio | 13.34 | 16.12 |
| Ulcer Index | 1.79% | 1.91% |
| Daily Std Dev | 11.35% | 12.27% |
| Max Drawdown | -35.02% | -56.78% |
| Current Drawdown | -2.51% | -1.80% |
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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.
Risk-Adjusted Performance
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 3.21%, while S&P 500 (^GSPC) has a volatility of 4.06%. 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.