FDKLX vs. VOO
Compare and contrast key facts about Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) and Vanguard S&P 500 ETF (VOO).
FDKLX is managed by Fidelity. It was launched on Aug 5, 2014. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDKLX or VOO.
Correlation
The correlation between FDKLX and VOO is 0.95, 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. VOO - Performance Comparison
Key characteristics
FDKLX:
1.06
VOO:
1.16
FDKLX:
1.50
VOO:
1.60
FDKLX:
1.19
VOO:
1.21
FDKLX:
1.68
VOO:
1.79
FDKLX:
5.86
VOO:
7.09
FDKLX:
1.98%
VOO:
2.13%
FDKLX:
10.94%
VOO:
12.99%
FDKLX:
-32.25%
VOO:
-33.99%
FDKLX:
-3.62%
VOO:
-5.89%
Returns By Period
In the year-to-date period, FDKLX achieves a 1.55% return, which is significantly higher than VOO's -1.55% return. Over the past 10 years, FDKLX has underperformed VOO with an annualized return of 7.90%, while VOO has yielded a comparatively higher 12.83% annualized return.
FDKLX
1.55%
-1.45%
3.52%
10.85%
10.07%
7.90%
VOO
-1.55%
-4.13%
5.17%
14.13%
15.66%
12.83%
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FDKLX vs. VOO - Expense Ratio Comparison
FDKLX has a 0.12% expense ratio, which is higher than VOO's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FDKLX vs. VOO — Risk-Adjusted Performance Rank
FDKLX
VOO
FDKLX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FDKLX's dividend yield for the trailing twelve months is around 1.91%, more than VOO's 1.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDKLX Fidelity Freedom Index 2060 Fund Investor Class | 1.91% | 1.94% | 1.89% | 1.91% | 1.51% | 1.33% | 1.59% | 2.11% | 1.65% | 2.11% | 1.79% | 1.56% |
VOO Vanguard S&P 500 ETF | 1.26% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FDKLX vs. VOO - Drawdown Comparison
The maximum FDKLX drawdown since its inception was -32.25%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FDKLX and VOO. For additional features, visit the drawdowns tool.
Volatility
FDKLX vs. VOO - Volatility Comparison
The current volatility for Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) is 3.12%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.13%. This indicates that FDKLX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.