FDIFX vs. ARKK
Compare and contrast key facts about Fidelity Advisor Freedom 2020 Fund Class I (FDIFX) and ARK Innovation ETF (ARKK).
FDIFX is managed by Fidelity. It was launched on Jul 24, 2003. ARKK is an actively managed fund by ARK Investment Management. It was launched on Oct 31, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDIFX or ARKK.
Correlation
The correlation between FDIFX and ARKK is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FDIFX vs. ARKK - Performance Comparison
Key characteristics
FDIFX:
1.04
ARKK:
0.67
FDIFX:
1.48
ARKK:
1.13
FDIFX:
1.19
ARKK:
1.14
FDIFX:
0.49
ARKK:
0.32
FDIFX:
4.40
ARKK:
2.27
FDIFX:
1.70%
ARKK:
10.42%
FDIFX:
7.21%
ARKK:
35.18%
FDIFX:
-44.49%
ARKK:
-80.91%
FDIFX:
-8.78%
ARKK:
-60.91%
Returns By Period
In the year-to-date period, FDIFX achieves a 3.08% return, which is significantly lower than ARKK's 6.04% return. Over the past 10 years, FDIFX has underperformed ARKK with an annualized return of 1.16%, while ARKK has yielded a comparatively higher 12.10% annualized return.
FDIFX
3.08%
1.06%
0.36%
6.75%
0.18%
1.16%
ARKK
6.04%
-3.00%
30.19%
24.17%
1.19%
12.10%
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FDIFX vs. ARKK - Expense Ratio Comparison
FDIFX has a 0.58% expense ratio, which is lower than ARKK's 0.75% expense ratio.
Risk-Adjusted Performance
FDIFX vs. ARKK — Risk-Adjusted Performance Rank
FDIFX
ARKK
FDIFX vs. ARKK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2020 Fund Class I (FDIFX) and ARK Innovation ETF (ARKK). 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.
Dividends
FDIFX vs. ARKK - Dividend Comparison
FDIFX's dividend yield for the trailing twelve months is around 1.71%, while ARKK has not paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIFX Fidelity Advisor Freedom 2020 Fund Class I | 1.71% | 1.76% | 2.15% | 2.94% | 2.36% | 1.08% | 1.74% | 2.15% | 1.61% | 1.74% | 4.10% | 8.77% |
ARKK ARK Innovation ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.83% | 1.31% | 0.38% | 3.14% | 1.32% | 0.00% | 2.27% | 0.00% |
Drawdowns
FDIFX vs. ARKK - Drawdown Comparison
The maximum FDIFX drawdown since its inception was -44.49%, smaller than the maximum ARKK drawdown of -80.91%. Use the drawdown chart below to compare losses from any high point for FDIFX and ARKK. For additional features, visit the drawdowns tool.
Volatility
FDIFX vs. ARKK - Volatility Comparison
The current volatility for Fidelity Advisor Freedom 2020 Fund Class I (FDIFX) is 1.71%, while ARK Innovation ETF (ARKK) has a volatility of 10.74%. This indicates that FDIFX experiences smaller price fluctuations and is considered to be less risky than ARKK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.