FDKLX vs. VTAPX
FDKLX (Fidelity Freedom Index 2060 Fund Investor Class) and VTAPX (Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares) are both mutual funds - FDKLX is a Target Retirement Date fund managed by Fidelity, while VTAPX is a Inflation-Protected Bonds fund managed by Vanguard. Over the past 10 years, FDKLX returned 11.93%/yr vs 3.13%/yr for VTAPX. At a 0.12 correlation, their price movements are largely independent. FDKLX charges 0.12%/yr vs 0.06%/yr for VTAPX.
Performance
FDKLX vs. VTAPX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FDKLX achieves a 12.67% return, which is significantly higher than VTAPX's 2.05% return. Over the past 10 years, FDKLX has outperformed VTAPX with an annualized return of 11.93%, while VTAPX has yielded a comparatively lower 3.13% annualized return.
FDKLX
- 1D
- 0.45%
- 1M
- 5.62%
- YTD
- 12.67%
- 6M
- 13.58%
- 1Y
- 28.76%
- 3Y*
- 19.56%
- 5Y*
- 10.12%
- 10Y*
- 11.93%
VTAPX
- 1D
- 0.00%
- 1M
- 0.04%
- YTD
- 2.05%
- 6M
- 2.04%
- 1Y
- 4.69%
- 3Y*
- 5.23%
- 5Y*
- 3.38%
- 10Y*
- 3.13%
FDKLX vs. VTAPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDKLX Fidelity Freedom Index 2060 Fund Investor Class | 12.67% | 21.38% | 14.16% | 19.91% | -18.18% | 15.88% | 16.38% | 26.06% | -7.23% | 20.58% |
VTAPX Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares | 2.05% | 6.03% | 4.73% | 4.59% | -2.84% | 5.26% | 4.97% | 4.85% | 0.53% | 0.82% |
Correlation
The correlation between FDKLX and VTAPX is 0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.17 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.20 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Aug 13, 2014 | 0.12 |
The correlation between FDKLX and VTAPX shifts across timeframes, from 0.05 (1 year) to 0.20 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FDKLX vs. VTAPX — Risk / Return Rank
FDKLX
VTAPX
FDKLX vs. VTAPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) and Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX). 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.
| FDKLX | VTAPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.65 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | 6.45 | -3.25 |
| Martin ratioReturn relative to average drawdown | 14.19 | 25.59 | -11.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FDKLX | VTAPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.50 | 3.03 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.71 | 1.27 | -0.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 1.41 | -0.62 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 1.07 | -0.37 |
Drawdowns
FDKLX vs. VTAPX - Drawdown Comparison
The maximum FDKLX drawdown since its inception was -30.73%, which is greater than VTAPX's maximum drawdown of -5.33%. Use the drawdown chart below to compare losses from any high point for FDKLX and VTAPX.
Loading charts...
Drawdown Indicators
| FDKLX | VTAPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.73% | -5.33% | -25.40% |
Max Drawdown (1Y)Largest decline over 1 year | -9.11% | -0.72% | -8.39% |
Max Drawdown (3Y)Largest decline over 3 years | -14.73% | -0.92% | -13.81% |
Max Drawdown (5Y)Largest decline over 5 years | -26.19% | -5.33% | -20.86% |
Max Drawdown (10Y)Largest decline over 10 years | -30.73% | -5.33% | -25.40% |
Current DrawdownCurrent decline from peak | 0.00% | -0.04% | +0.04% |
Average DrawdownAverage peak-to-trough decline | -4.57% | -1.03% | -3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 0.18% | +1.87% |
Volatility
FDKLX vs. VTAPX - Volatility Comparison
Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) has a higher volatility of 3.55% compared to Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) at 0.57%. This indicates that FDKLX's price experiences larger fluctuations and is considered to be riskier than VTAPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FDKLX | VTAPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.55% | 0.57% | +2.98% |
Volatility (6M)Calculated over the trailing 6-month period | 9.44% | 1.11% | +8.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.66% | 1.52% | +10.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.39% | 2.67% | +11.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.16% | 2.23% | +12.93% |
FDKLX vs. VTAPX - Expense Ratio Comparison
FDKLX has a 0.12% expense ratio, which is higher than VTAPX's 0.06% 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%.
Dividends
FDKLX vs. VTAPX - Dividend Comparison
FDKLX's dividend yield for the trailing twelve months is around 1.68%, less than VTAPX's 3.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDKLX Fidelity Freedom Index 2060 Fund Investor Class | 1.68% | 1.95% | 1.94% | 1.89% | 1.99% | 1.86% | 1.79% | 6.74% | 2.33% | 2.12% | 2.41% | 1.82% |
VTAPX Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares | 3.55% | 3.78% | 2.68% | 2.84% | 6.82% | 4.67% | 1.19% | 1.94% | 2.45% | 1.52% | 0.76% | 0.00% |
Frequently Asked Questions
FDKLX and VTAPX have a correlation of 0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDKLX has higher volatility (3.55%) compared to VTAPX (0.57%). In terms of maximum drawdown, FDKLX dropped -30.73% vs VTAPX's -5.33%.
VTAPX currently has the higher Sharpe Ratio (3.03 vs 2.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FDKLX and VTAPX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer