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FDEEX vs. ARKVX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FDEEX vs. ARKVX

Last updated Jun 23, 2026

FDEEX (Fidelity Freedom 2055 Fund) and ARKVX (ARK Venture Fund) are both mutual funds - FDEEX is a Target Retirement Date fund actively managed by Fidelity, while ARKVX is a Technology Equities fund actively managed by ARK Investment Management. Both are actively managed. Over the past 3 years, FDEEX returned 20.03%/yr vs 39.03%/yr for ARKVX. A 0.62 correlation means they provide meaningful diversification when combined. FDEEX charges 0.75%/yr vs 3.50%/yr for ARKVX.

Performance

FDEEX vs. ARKVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2055 Fund (FDEEX) and ARK Venture Fund (ARKVX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FDEEX achieves a 14.92% return, which is significantly lower than ARKVX's 21.01% return.

FDEEX

1D
1.50%
1M
3.36%
YTD
14.92%
6M
14.96%
1Y
32.45%
3Y*
20.03%
5Y*
10.71%
10Y*
12.52%

ARKVX

1D
0.00%
1M
12.35%
YTD
21.01%
6M
21.38%
1Y
82.07%
3Y*
39.03%
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

FDEEX vs. ARKVX - Yearly Performance Comparison

2026 (YTD)2025202420232022
FDEEX
Fidelity Freedom 2055 Fund		14.92%23.74%14.02%20.55%2.94%
ARKVX
ARK Venture Fund		21.01%55.68%6.69%61.25%-6.24%

Correlation

The correlation between FDEEX and ARKVX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.48

Correlation (3Y)
Calculated over the trailing 3-year period

0.61

Correlation (All Time)
Calculated using the full available price history since Nov 7, 2022

0.62

The correlation between FDEEX and ARKVX shifts across timeframes, from 0.48 (1 year) to 0.62 (all time), reflecting how their relationship changes across market environments.

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Fidelity Freedom 2055 Fund

ARK Venture Fund

Often compared with FDEEX:
FDEEX vs. FDEWXFDEEX vs. VFFVXFDEEX vs. FXAIXFDEEX vs. FFLDXFDEEX vs. SPYFDEEX vs. VOOFDEEX vs. FNSDX
Often compared with ARKVX:
ARKVX vs. ARKKARKVX vs. BPTRXARKVX vs. XOVRARKVX vs. VOOARKVX vs. DXYZARKVX vs. ARKWARKVX vs. SPY

Return for Risk

FDEEX vs. ARKVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FDEEX
FDEEX Risk / Return Rank: 7676
Overall Rank
FDEEX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
FDEEX Sortino Ratio Rank: 7171
Sortino Ratio Rank
FDEEX Omega Ratio Rank: 7373
Omega Ratio Rank
FDEEX Calmar Ratio Rank: 7777
Calmar Ratio Rank
FDEEX Martin Ratio Rank: 8383
Martin Ratio Rank
ARKVX
ARKVX Risk / Return Rank: 9999
Overall Rank
ARKVX Sharpe Ratio Rank: 9999
Sharpe Ratio Rank
ARKVX Sortino Ratio Rank: 100100
Sortino Ratio Rank
ARKVX Omega Ratio Rank: 9999
Omega Ratio Rank
ARKVX Calmar Ratio Rank: 9999
Calmar Ratio Rank
ARKVX Martin Ratio Rank: 9999
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDEEX vs. ARKVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2055 Fund (FDEEX) and ARK Venture Fund (ARKVX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

FDEEXARKVXDifference
Sharpe ratioReturn per unit of total volatility
2.34
4.51

-2.17

Sortino ratioReturn per unit of downside risk
3.18
11.82

-8.63

Omega ratioGain probability vs. loss probability

1.44

2.49

-1.06

Calmar ratioReturn relative to maximum drawdown

3.28

10.62

-7.34

Martin ratioReturn relative to average drawdown

14.37

40.41

-26.04

FDEEX vs. ARKVX - Sharpe Ratio Comparison

The current FDEEX Sharpe Ratio is 2.34, which is lower than the ARKVX Sharpe Ratio of 4.51. The chart below compares the historical Sharpe Ratios of FDEEX and ARKVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

FDEEX vs. ARKVX - Drawdown Comparison

The maximum FDEEX drawdown since its inception was -31.00%, which is greater than ARKVX's maximum drawdown of -19.10%. Use the drawdown chart below to compare losses from any high point for FDEEX and ARKVX.

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Drawdown Indicators

FDEEXARKVXDifference

Max Drawdown

Largest peak-to-trough decline

-31.00%

-19.10%

-11.90%

Max Drawdown (1Y)

Largest decline over 1 year

-9.79%

-8.14%

-1.65%

Max Drawdown (3Y)

Largest decline over 3 years

-15.39%

-19.10%

+3.71%

Max Drawdown (5Y)

Largest decline over 5 years

-27.34%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-31.00%

—

—

Current Drawdown

Current decline from peak

0.00%

-0.46%

+0.46%

Average Drawdown

Average peak-to-trough decline

-4.82%

-4.15%

-0.67%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.23%

2.10%

+0.13%

Volatility

FDEEX vs. ARKVX - Volatility Comparison

The current volatility for Fidelity Freedom 2055 Fund (FDEEX) is 5.84%, while ARK Venture Fund (ARKVX) has a volatility of 6.26%. This indicates that FDEEX experiences smaller price fluctuations and is considered to be less risky than ARKVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FDEEXARKVXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.84%

6.26%

-0.42%

Volatility (6M)

Calculated over the trailing 6-month period

11.72%

14.00%

-2.28%

Volatility (1Y)

Calculated over the trailing 1-year period

13.72%

19.16%

-5.44%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.18%

18.74%

-3.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.46%

18.74%

-3.28%

FDEEX vs. ARKVX - Expense Ratio Comparison

FDEEX has a 0.75% expense ratio, which is lower than ARKVX's 3.50% expense ratio.

Dividends

FDEEX vs. ARKVX - Dividend Comparison

FDEEX's dividend yield for the trailing twelve months is around 4.92%, while ARKVX has not paid dividends to shareholders.

PositionTTM20252024202320222021202020192018201720162015
ARKVX
ARK Venture Fund		0.00%0.00%0.32%0.72%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FDEEX
Fidelity Freedom 2055 Fund		4.92%3.87%1.73%1.91%10.33%11.20%4.20%6.23%6.68%3.59%3.52%4.99%

Frequently Asked Questions

FDEEX and ARKVX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ARKVX has higher volatility (6.26%) compared to FDEEX (5.84%). In terms of maximum drawdown, FDEEX dropped -31.00% vs ARKVX's -19.10%.

ARKVX currently has the higher Sharpe Ratio (4.51 vs 2.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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