FDKLX vs. VTTSX
Compare and contrast key facts about Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) and Vanguard Target Retirement 2060 Fund (VTTSX).
FDKLX is managed by Fidelity. It was launched on Aug 5, 2014. VTTSX is managed by Vanguard. It was launched on Jan 19, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDKLX or VTTSX.
Correlation
The correlation between FDKLX and VTTSX is 0.99, 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. VTTSX - Performance Comparison
Key characteristics
FDKLX:
1.56
VTTSX:
1.58
FDKLX:
2.14
VTTSX:
2.17
FDKLX:
1.28
VTTSX:
1.29
FDKLX:
2.46
VTTSX:
2.41
FDKLX:
8.81
VTTSX:
9.11
FDKLX:
1.94%
VTTSX:
1.88%
FDKLX:
10.94%
VTTSX:
10.83%
FDKLX:
-32.25%
VTTSX:
-31.38%
FDKLX:
-1.13%
VTTSX:
-1.11%
Returns By Period
In the year-to-date period, FDKLX achieves a 2.93% return, which is significantly higher than VTTSX's 2.73% return. Both investments have delivered pretty close results over the past 10 years, with FDKLX having a 8.40% annualized return and VTTSX not far ahead at 8.74%.
FDKLX
2.93%
2.64%
5.46%
16.42%
9.26%
8.40%
VTTSX
2.73%
2.47%
5.56%
16.52%
9.00%
8.74%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FDKLX vs. VTTSX - Expense Ratio Comparison
FDKLX has a 0.12% expense ratio, which is higher than VTTSX's 0.08% 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. VTTSX — Risk-Adjusted Performance Rank
FDKLX
VTTSX
FDKLX vs. VTTSX - 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 Target Retirement 2060 Fund (VTTSX). 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. VTTSX - Dividend Comparison
FDKLX's dividend yield for the trailing twelve months is around 1.89%, less than VTTSX's 2.08% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDKLX Fidelity Freedom Index 2060 Fund Investor Class | 1.89% | 1.94% | 1.89% | 1.91% | 1.51% | 1.33% | 1.59% | 2.11% | 1.65% | 2.11% | 1.82% | 3.11% |
VTTSX Vanguard Target Retirement 2060 Fund | 2.08% | 2.14% | 2.14% | 2.09% | 1.95% | 1.57% | 2.11% | 2.30% | 1.77% | 1.98% | 1.85% | 1.65% |
Drawdowns
FDKLX vs. VTTSX - Drawdown Comparison
The maximum FDKLX drawdown since its inception was -32.25%, roughly equal to the maximum VTTSX drawdown of -31.38%. Use the drawdown chart below to compare losses from any high point for FDKLX and VTTSX. For additional features, visit the drawdowns tool.
Volatility
FDKLX vs. VTTSX - Volatility Comparison
Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) and Vanguard Target Retirement 2060 Fund (VTTSX) have volatilities of 3.36% 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.