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:
1.57
VOO:
2.30
FDKLX:
2.15
VOO:
3.05
FDKLX:
1.28
VOO:
1.43
FDKLX:
2.42
VOO:
3.39
FDKLX:
9.62
VOO:
15.10
FDKLX:
1.75%
VOO:
1.90%
FDKLX:
10.73%
VOO:
12.48%
FDKLX:
-32.25%
VOO:
-33.99%
FDKLX:
-2.39%
VOO:
-0.76%
Returns By Period
In the year-to-date period, FDKLX achieves a 16.00% return, which is significantly lower than VOO's 28.23% return. Over the past 10 years, FDKLX has underperformed VOO with an annualized return of 7.97%, while VOO has yielded a comparatively higher 13.23% annualized return.
FDKLX
16.00%
-0.16%
6.05%
16.81%
7.68%
7.97%
VOO
28.23%
1.30%
11.10%
28.67%
15.07%
13.23%
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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 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 1.66%, more than VOO's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.21% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
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 3.30%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.90%. 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.