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.
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.
Performance
FDKLX vs. FDKVX - Performance Comparison
Key characteristics
FDKLX:
1.53
FDKVX:
1.36
FDKLX:
2.10
FDKVX:
1.91
FDKLX:
1.28
FDKVX:
1.25
FDKLX:
2.36
FDKVX:
0.94
FDKLX:
9.34
FDKVX:
8.15
FDKLX:
1.75%
FDKVX:
1.92%
FDKLX:
10.72%
FDKVX:
11.52%
FDKLX:
-32.25%
FDKVX:
-34.53%
FDKLX:
-2.34%
FDKVX:
-2.91%
Returns By Period
The year-to-date returns for both stocks are quite close, with FDKLX having a 16.06% return and FDKVX slightly lower at 15.38%. Over the past 10 years, FDKLX has outperformed FDKVX with an annualized return of 8.13%, while FDKVX has yielded a comparatively lower 5.50% annualized return.
FDKLX
16.06%
-0.64%
6.23%
15.81%
7.66%
8.13%
FDKVX
15.38%
-1.06%
4.90%
15.05%
4.85%
5.50%
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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.
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 1.08% 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 | 1.08% | 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
Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) and Fidelity Freedom 2060 Fund (FDKVX) have volatilities of 3.25% and 3.33%, 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.