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FDKLX vs. FDEWX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FDKLX vs. FDEWX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX). The values are adjusted to include any dividend payments, if applicable.

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FDKLX vs. FDEWX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FDKLX
Fidelity Freedom Index 2060 Fund Investor Class
-4.22%21.38%14.16%19.91%-18.18%15.88%16.38%26.06%-7.23%20.58%
FDEWX
Fidelity Freedom Index 2055 Fund Investor Class
-4.21%21.39%14.14%19.95%-18.01%15.88%16.46%25.94%-7.19%20.53%

Returns By Period

The year-to-date returns for both investments are quite close, with FDKLX having a -4.22% return and FDEWX slightly higher at -4.21%. Both investments have delivered pretty close results over the past 10 years, with FDKLX having a 10.38% annualized return and FDEWX not far ahead at 10.41%.


FDKLX

1D
-0.19%
1M
-8.63%
YTD
-4.22%
6M
-1.32%
1Y
16.51%
3Y*
14.18%
5Y*
7.72%
10Y*
10.38%

FDEWX

1D
-0.16%
1M
-8.59%
YTD
-4.21%
6M
-1.28%
1Y
16.51%
3Y*
14.18%
5Y*
7.77%
10Y*
10.41%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FDKLX vs. FDEWX - Expense Ratio Comparison

Both FDKLX and FDEWX have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Return for Risk

FDKLX vs. FDEWX — Risk / Return Rank

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

FDKLX
FDKLX Risk / Return Rank: 6363
Overall Rank
FDKLX Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
FDKLX Sortino Ratio Rank: 6464
Sortino Ratio Rank
FDKLX Omega Ratio Rank: 6464
Omega Ratio Rank
FDKLX Calmar Ratio Rank: 5959
Calmar Ratio Rank
FDKLX Martin Ratio Rank: 6767
Martin Ratio Rank

FDEWX
FDEWX Risk / Return Rank: 6464
Overall Rank
FDEWX Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
FDEWX Sortino Ratio Rank: 6464
Sortino Ratio Rank
FDEWX Omega Ratio Rank: 6464
Omega Ratio Rank
FDEWX Calmar Ratio Rank: 6060
Calmar Ratio Rank
FDEWX Martin Ratio Rank: 6767
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.

FDKLX vs. FDEWX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX). 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.


FDKLXFDEWXDifference

Sharpe ratio

Return per unit of total volatility

1.09

1.09

-0.01

Sortino ratio

Return per unit of downside risk

1.59

1.60

-0.01

Omega ratio

Gain probability vs. loss probability

1.24

1.24

0.00

Calmar ratio

Return relative to maximum drawdown

1.36

1.37

-0.01

Martin ratio

Return relative to average drawdown

6.29

6.32

-0.03

FDKLX vs. FDEWX - Sharpe Ratio Comparison

The current FDKLX Sharpe Ratio is 1.09, which is comparable to the FDEWX Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of FDKLX and FDEWX, 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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Sharpe Ratios by Period


FDKLXFDEWXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.09

1.09

-0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.54

0.55

0.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.69

0.69

0.00

Sharpe Ratio (All Time)

Calculated using the full available price history

0.61

0.62

-0.01

Correlation

The correlation between FDKLX and FDEWX is 1.00, 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.


Dividends

FDKLX vs. FDEWX - Dividend Comparison

FDKLX's dividend yield for the trailing twelve months is around 2.04%, which matches FDEWX's 2.06% yield.


TTM20252024202320222021202020192018201720162015
FDKLX
Fidelity Freedom Index 2060 Fund Investor Class
2.04%1.95%1.94%1.89%1.99%1.86%1.79%6.74%2.33%2.12%2.41%1.82%
FDEWX
Fidelity Freedom Index 2055 Fund Investor Class
2.06%1.97%1.98%1.92%2.24%1.89%1.85%10.83%2.36%1.93%2.42%2.31%

Drawdowns

FDKLX vs. FDEWX - Drawdown Comparison

The maximum FDKLX drawdown since its inception was -30.73%, roughly equal to the maximum FDEWX drawdown of -30.69%. Use the drawdown chart below to compare losses from any high point for FDKLX and FDEWX.


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Drawdown Indicators


FDKLXFDEWXDifference

Max Drawdown

Largest peak-to-trough decline

-30.73%

-30.69%

-0.04%

Max Drawdown (1Y)

Largest decline over 1 year

-10.85%

-10.82%

-0.03%

Max Drawdown (5Y)

Largest decline over 5 years

-26.19%

-26.22%

+0.03%

Max Drawdown (10Y)

Largest decline over 10 years

-30.73%

-30.69%

-0.04%

Current Drawdown

Current decline from peak

-9.11%

-9.07%

-0.04%

Average Drawdown

Average peak-to-trough decline

-4.62%

-4.26%

-0.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.35%

2.35%

0.00%

Volatility

FDKLX vs. FDEWX - Volatility Comparison

Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) have volatilities of 5.02% and 5.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FDKLXFDEWXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.02%

5.01%

+0.01%

Volatility (6M)

Calculated over the trailing 6-month period

8.78%

8.76%

+0.02%

Volatility (1Y)

Calculated over the trailing 1-year period

15.20%

15.18%

+0.02%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.26%

14.27%

-0.01%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.09%

15.09%

0.00%