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 0.93, 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. ^GSPC - Performance Comparison
Key characteristics
FCTKX:
0.35
^GSPC:
0.24
FCTKX:
0.60
^GSPC:
0.47
FCTKX:
1.08
^GSPC:
1.07
FCTKX:
0.37
^GSPC:
0.24
FCTKX:
1.73
^GSPC:
1.08
FCTKX:
3.31%
^GSPC:
4.25%
FCTKX:
16.36%
^GSPC:
19.00%
FCTKX:
-30.94%
^GSPC:
-56.78%
FCTKX:
-9.43%
^GSPC:
-14.02%
Returns By Period
In the year-to-date period, FCTKX achieves a -3.87% return, which is significantly higher than ^GSPC's -10.18% return.
FCTKX
-3.87%
-6.30%
-6.78%
6.08%
12.15%
N/A
^GSPC
-10.18%
-6.92%
-9.92%
5.42%
12.98%
9.70%
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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 -30.94%, 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 11.09%, while S&P 500 (^GSPC) has a volatility of 13.60%. 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.