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FDKQX vs. FDKLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


Performance

FDKQX vs. FDKLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2060 Fund Class I (FDKQX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FDKQX:

0.76

FDKLX:

0.83

Sortino Ratio

FDKQX:

1.04

FDKLX:

1.14

Omega Ratio

FDKQX:

1.14

FDKLX:

1.16

Calmar Ratio

FDKQX:

0.73

FDKLX:

0.79

Martin Ratio

FDKQX:

3.13

FDKLX:

3.51

Ulcer Index

FDKQX:

3.52%

FDKLX:

3.33%

Daily Std Dev

FDKQX:

16.48%

FDKLX:

15.75%

Max Drawdown

FDKQX:

-31.28%

FDKLX:

-30.73%

Current Drawdown

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

YTD

7.05%

1M

5.32%

6M

3.36%

1Y

11.85%

3Y*

10.87%

5Y*

12.18%

10Y*

8.86%

FDKLX

YTD

5.49%

1M

4.68%

6M

2.45%

1Y

12.26%

3Y*

10.67%

5Y*

11.44%

10Y*

8.77%

*Annualized

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FDKQX vs. FDKLX - Expense Ratio Comparison

FDKQX has a 0.75% expense ratio, which is higher than FDKLX's 0.12% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FDKQX vs. FDKLX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDKQX
The Risk-Adjusted Performance Rank of FDKQX is 5959
Overall Rank
The Sharpe Ratio Rank of FDKQX is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of FDKQX is 5454
Sortino Ratio Rank
The Omega Ratio Rank of FDKQX is 5454
Omega Ratio Rank
The Calmar Ratio Rank of FDKQX is 6565
Calmar Ratio Rank
The Martin Ratio Rank of FDKQX is 6868
Martin Ratio Rank

FDKLX
The Risk-Adjusted Performance Rank of FDKLX is 6565
Overall Rank
The Sharpe Ratio Rank of FDKLX is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of FDKLX is 6161
Sortino Ratio Rank
The Omega Ratio Rank of FDKLX is 6363
Omega Ratio Rank
The Calmar Ratio Rank of FDKLX is 6969
Calmar Ratio Rank
The Martin Ratio Rank of FDKLX is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FDKQX Sharpe Ratio is 0.76, which is comparable to the FDKLX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of FDKQX and FDKLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

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.


TTM20242023202220212020201920182017201620152014
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.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

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.


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