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FDKFX vs. FDKLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FDKFX and FDKLX is 0.79, 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

FDKFX vs. FDKLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Discovery K6 Fund (FDKFX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FDKFX:

0.72

FDKLX:

0.63

Sortino Ratio

FDKFX:

1.13

FDKLX:

0.99

Omega Ratio

FDKFX:

1.16

FDKLX:

1.14

Calmar Ratio

FDKFX:

0.95

FDKLX:

0.67

Martin Ratio

FDKFX:

3.23

FDKLX:

2.98

Ulcer Index

FDKFX:

4.30%

FDKLX:

3.33%

Daily Std Dev

FDKFX:

18.71%

FDKLX:

15.73%

Max Drawdown

FDKFX:

-36.63%

FDKLX:

-32.25%

Current Drawdown

FDKFX:

-0.53%

FDKLX:

-1.36%

Returns By Period

In the year-to-date period, FDKFX achieves a 14.58% return, which is significantly higher than FDKLX's 4.42% return.


FDKFX

YTD

14.58%

1M

10.45%

6M

14.11%

1Y

13.37%

3Y*

11.71%

5Y*

10.70%

10Y*

N/A

FDKLX

YTD

4.42%

1M

10.33%

6M

3.42%

1Y

9.91%

3Y*

11.86%

5Y*

11.75%

10Y*

7.79%

*Annualized

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FDKFX vs. FDKLX - Expense Ratio Comparison

FDKFX has a 0.60% expense ratio, which is higher than FDKLX's 0.12% expense ratio.


Risk-Adjusted Performance

FDKFX vs. FDKLX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDKFX
The Risk-Adjusted Performance Rank of FDKFX is 7575
Overall Rank
The Sharpe Ratio Rank of FDKFX is 6969
Sharpe Ratio Rank
The Sortino Ratio Rank of FDKFX is 7171
Sortino Ratio Rank
The Omega Ratio Rank of FDKFX is 7272
Omega Ratio Rank
The Calmar Ratio Rank of FDKFX is 8484
Calmar Ratio Rank
The Martin Ratio Rank of FDKFX is 7777
Martin Ratio Rank

FDKLX
The Risk-Adjusted Performance Rank of FDKLX is 6666
Overall Rank
The Sharpe Ratio Rank of FDKLX is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of FDKLX is 6262
Sortino Ratio Rank
The Omega Ratio Rank of FDKLX is 6363
Omega Ratio Rank
The Calmar Ratio Rank of FDKLX is 7272
Calmar Ratio Rank
The Martin Ratio Rank of FDKLX is 7373
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FDKFX vs. FDKLX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Discovery K6 Fund (FDKFX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX). 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.


The current FDKFX Sharpe Ratio is 0.72, which is comparable to the FDKLX Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of FDKFX and FDKLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FDKFX vs. FDKLX - Dividend Comparison

FDKFX's dividend yield for the trailing twelve months is around 3.54%, more than FDKLX's 1.90% yield.


TTM20242023202220212020201920182017201620152014
FDKFX
Fidelity International Discovery K6 Fund
3.54%4.06%1.62%0.99%1.90%0.60%0.39%0.00%0.00%0.00%0.00%0.00%
FDKLX
Fidelity Freedom Index 2060 Fund Investor Class
1.90%1.94%1.89%1.99%1.86%1.79%6.74%2.37%2.12%2.41%1.82%1.56%

Drawdowns

FDKFX vs. FDKLX - Drawdown Comparison

The maximum FDKFX drawdown since its inception was -36.63%, which is greater than FDKLX's maximum drawdown of -32.25%. Use the drawdown chart below to compare losses from any high point for FDKFX and FDKLX. For additional features, visit the drawdowns tool.


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Volatility

FDKFX vs. FDKLX - Volatility Comparison

The current volatility for Fidelity International Discovery K6 Fund (FDKFX) is 2.82%, while Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) has a volatility of 3.32%. This indicates that FDKFX experiences smaller price fluctuations and is considered to be less risky than FDKLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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