Correlation
The correlation between FDKQX and FDKLX is 0.93, 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.
FDKQX vs. FDKLX
Compare and contrast key facts about Fidelity Advisor Freedom 2060 Fund Class I (FDKQX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX).
FDKQX is managed by Fidelity. It was launched on Aug 5, 2014. FDKLX is managed by Fidelity. It was launched on Aug 5, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDKQX or FDKLX.
Performance
FDKQX vs. FDKLX - Performance Comparison
Loading data...
Key characteristics
FDKQX:
0.76
FDKLX:
0.83
FDKQX:
1.04
FDKLX:
1.14
FDKQX:
1.14
FDKLX:
1.16
FDKQX:
0.73
FDKLX:
0.79
FDKQX:
3.13
FDKLX:
3.51
FDKQX:
3.52%
FDKLX:
3.33%
FDKQX:
16.48%
FDKLX:
15.75%
FDKQX:
-31.28%
FDKLX:
-30.73%
FDKQX:
-0.34%
FDKLX:
-0.37%
Returns By Period
In the year-to-date period, FDKQX achieves a 7.05% return, which is significantly higher than FDKLX's 5.49% return. Both investments have delivered pretty close results over the past 10 years, with FDKQX having a 8.86% annualized return and FDKLX not far behind at 8.77%.
FDKQX
7.05%
5.32%
3.36%
11.85%
10.87%
12.18%
8.86%
FDKLX
5.49%
4.68%
2.45%
12.26%
10.67%
11.44%
8.77%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FDKQX vs. FDKLX - Expense Ratio Comparison
FDKQX has a 0.75% expense ratio, which is higher than FDKLX's 0.12% expense ratio.
Risk-Adjusted Performance
FDKQX vs. FDKLX — Risk-Adjusted Performance Rank
FDKQX
FDKLX
FDKQX vs. FDKLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2060 Fund Class I (FDKQX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX). 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.
Loading data...
Dividends
FDKQX vs. FDKLX - Dividend Comparison
FDKQX's dividend yield for the trailing twelve months is around 3.44%, more than FDKLX's 1.89% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FDKQX Fidelity Advisor Freedom 2060 Fund Class I | 3.44% | 0.43% | 2.02% | 10.22% | 8.58% | 4.44% | 6.24% | 8.64% | 3.04% | 3.32% | 3.59% | 1.83% |
FDKLX Fidelity Freedom Index 2060 Fund Investor Class | 1.89% | 1.94% | 1.89% | 1.99% | 1.86% | 1.81% | 6.74% | 2.37% | 2.12% | 2.41% | 1.82% | 1.56% |
Drawdowns
FDKQX vs. FDKLX - Drawdown Comparison
The maximum FDKQX drawdown since its inception was -31.28%, roughly equal to the maximum FDKLX drawdown of -30.73%. Use the drawdown chart below to compare losses from any high point for FDKQX and FDKLX.
Loading data...
Volatility
FDKQX vs. FDKLX - Volatility Comparison
Fidelity Advisor Freedom 2060 Fund Class I (FDKQX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) have volatilities of 3.36% and 3.34%, 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.
Loading data...