FDKLX vs. FDKVX
Compare and contrast key facts about Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) and Fidelity Freedom 2060 Fund (FDKVX).
FDKLX is managed by Fidelity. It was launched on Aug 5, 2014. FDKVX is managed by Fidelity. It was launched on Aug 5, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDKLX or FDKVX.
Performance
FDKLX vs. FDKVX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with FDKLX having a 16.18% return and FDKVX slightly lower at 16.08%. Over the past 10 years, FDKLX has outperformed FDKVX with an annualized return of 7.95%, while FDKVX has yielded a comparatively lower 5.46% annualized return.
FDKLX
16.18%
1.13%
7.62%
23.02%
8.52%
7.95%
FDKVX
16.08%
0.80%
6.27%
23.11%
5.91%
5.46%
Key characteristics
| FDKLX | FDKVX | |
|---|---|---|
| Sharpe Ratio | 2.18 | 2.03 |
| Sortino Ratio | 3.00 | 2.83 |
| Omega Ratio | 1.39 | 1.36 |
| Calmar Ratio | 2.77 | 1.18 |
| Martin Ratio | 13.76 | 12.72 |
| Ulcer Index | 1.67% | 1.82% |
| Daily Std Dev | 10.57% | 11.38% |
| Max Drawdown | -32.25% | -34.53% |
| Current Drawdown | -1.05% | -1.50% |
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FDKLX vs. FDKVX - Expense Ratio Comparison
FDKLX has a 0.12% expense ratio, which is lower than FDKVX's 0.75% expense ratio.
Correlation
The correlation between FDKLX and FDKVX is 0.98, 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.
Risk-Adjusted Performance
FDKLX vs. FDKVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) and Fidelity Freedom 2060 Fund (FDKVX). 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
FDKLX vs. FDKVX - Dividend Comparison
FDKLX's dividend yield for the trailing twelve months is around 1.66%, more than FDKVX's 1.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FDKLX Fidelity Freedom Index 2060 Fund Investor Class | 1.66% | 1.89% | 1.91% | 1.51% | 1.33% | 1.59% | 2.11% | 1.65% | 2.11% | 1.79% | 1.56% |
FDKVX Fidelity Freedom 2060 Fund | 1.07% | 1.25% | 2.10% | 2.23% | 1.03% | 1.49% | 1.53% | 1.08% | 1.28% | 1.96% | 2.68% |
Drawdowns
FDKLX vs. FDKVX - Drawdown Comparison
The maximum FDKLX drawdown since its inception was -32.25%, smaller than the maximum FDKVX drawdown of -34.53%. Use the drawdown chart below to compare losses from any high point for FDKLX and FDKVX. For additional features, visit the drawdowns tool.
Volatility
FDKLX vs. FDKVX - Volatility Comparison
The current volatility for Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) is 2.89%, while Fidelity Freedom 2060 Fund (FDKVX) has a volatility of 3.10%. This indicates that FDKLX experiences smaller price fluctuations and is considered to be less risky than FDKVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.