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

Performance

FDKLX vs. FSELX - 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 Select Semiconductors Portfolio (FSELX). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
7.44%
3.09%
FDKLX
FSELX

Returns By Period

In the year-to-date period, FDKLX achieves a 15.25% return, which is significantly lower than FSELX's 40.54% return. Over the past 10 years, FDKLX has underperformed FSELX with an annualized return of 7.91%, while FSELX has yielded a comparatively higher 18.12% annualized return.


FDKLX

YTD

15.25%

1M

-0.69%

6M

6.64%

1Y

22.35%

5Y (annualized)

8.36%

10Y (annualized)

7.91%

FSELX

YTD

40.54%

1M

-3.57%

6M

4.32%

1Y

43.33%

5Y (annualized)

23.85%

10Y (annualized)

18.12%

Key characteristics


FDKLXFSELX
Sharpe Ratio2.081.13
Sortino Ratio2.891.64
Omega Ratio1.381.21
Calmar Ratio2.561.68
Martin Ratio13.204.74
Ulcer Index1.67%8.62%
Daily Std Dev10.57%36.05%
Max Drawdown-32.25%-81.70%
Current Drawdown-1.84%-9.96%

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FDKLX vs. FSELX - Expense Ratio Comparison

FDKLX has a 0.12% expense ratio, which is lower than FSELX's 0.68% expense ratio.


FSELX
Fidelity Select Semiconductors Portfolio
Expense ratio chart for FSELX: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
Expense ratio chart for FDKLX: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%

Correlation

-0.50.00.51.00.8

The correlation between FDKLX and FSELX is 0.75, 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. FSELX - 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 Select Semiconductors Portfolio (FSELX). 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.


Sharpe ratio
The chart of Sharpe ratio for FDKLX, currently valued at 2.08, compared to the broader market-1.000.001.002.003.004.005.002.081.13
The chart of Sortino ratio for FDKLX, currently valued at 2.89, compared to the broader market0.005.0010.002.891.64
The chart of Omega ratio for FDKLX, currently valued at 1.38, compared to the broader market1.002.003.004.001.381.21
The chart of Calmar ratio for FDKLX, currently valued at 2.56, compared to the broader market0.005.0010.0015.0020.0025.002.561.68
The chart of Martin ratio for FDKLX, currently valued at 13.20, compared to the broader market0.0020.0040.0060.0080.00100.0013.204.74
FDKLX
FSELX

The current FDKLX Sharpe Ratio is 2.08, which is higher than the FSELX Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of FDKLX and FSELX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.08
1.13
FDKLX
FSELX

Dividends

FDKLX vs. FSELX - Dividend Comparison

FDKLX's dividend yield for the trailing twelve months is around 1.67%, more than FSELX's 0.07% yield.


TTM20232022202120202019201820172016201520142013
FDKLX
Fidelity Freedom Index 2060 Fund Investor Class
1.67%1.89%1.91%1.51%1.33%1.59%2.11%1.65%2.11%1.79%1.56%0.00%
FSELX
Fidelity Select Semiconductors Portfolio
0.07%0.10%0.18%0.04%0.51%0.76%0.76%1.04%0.71%16.31%3.48%0.61%

Drawdowns

FDKLX vs. FSELX - Drawdown Comparison

The maximum FDKLX drawdown since its inception was -32.25%, smaller than the maximum FSELX drawdown of -81.70%. Use the drawdown chart below to compare losses from any high point for FDKLX and FSELX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.84%
-9.96%
FDKLX
FSELX

Volatility

FDKLX vs. FSELX - Volatility Comparison

The current volatility for Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) is 2.97%, while Fidelity Select Semiconductors Portfolio (FSELX) has a volatility of 9.49%. This indicates that FDKLX experiences smaller price fluctuations and is considered to be less risky than FSELX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
2.97%
9.49%
FDKLX
FSELX