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:
1.37
^GSPC:
1.90
FCTKX:
1.92
^GSPC:
2.54
FCTKX:
1.25
^GSPC:
1.35
FCTKX:
0.92
^GSPC:
2.81
FCTKX:
8.59
^GSPC:
12.39
FCTKX:
1.84%
^GSPC:
1.93%
FCTKX:
11.58%
^GSPC:
12.58%
FCTKX:
-35.02%
^GSPC:
-56.78%
FCTKX:
-4.51%
^GSPC:
-3.58%
Returns By Period
In the year-to-date period, FCTKX achieves a 14.17% return, which is significantly lower than ^GSPC's 23.11% return.
FCTKX
14.17%
-1.17%
3.14%
15.02%
4.57%
N/A
^GSPC
23.11%
-0.36%
7.02%
23.15%
12.80%
11.01%
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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 3.27%, while S&P 500 (^GSPC) has a volatility of 3.64%. 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.