FDKSX vs. FSPSX

Last updated Aug 1, 2026

FDKSX (Fidelity Advisor Freedom 2060 Fund Class C) and FSPSX (Fidelity International Index Fund) are both mutual funds - FDKSX is a Target Retirement Date fund managed by Fidelity, while FSPSX is a Foreign Large Cap Equities fund tracking the MSCI EAFE Index. Over the past 10 years, FDKSX returned 10.49%/yr vs 9.69%/yr for FSPSX. Their correlation of 0.88 means they have usually moved in the same direction. FDKSX charges 1.75%/yr vs 0.04%/yr for FSPSX.

Performance

FDKSX vs. FSPSX - Performance Comparison

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

Returns By Period

In the year-to-date period, FDKSX achieves a 10.06% return, which is significantly lower than FSPSX's 12.57% return. Over the past 10 years, FDKSX has outperformed FSPSX with an annualized return of 10.49%, while FSPSX has yielded a comparatively lower 9.69% annualized return.

FDKSX

• 1D: 2.30%
• 1M: -1.26%
• 6M: 6.39%
• YTD: 10.06%
• 1Y: 20.66%
• 3Y*: 15.87%
• 5Y*: 8.22%
• 10Y*: 10.49%
• ALL TIME*: 9.12%

FSPSX

• 1D: 2.56%
• 1M: 1.98%
• 6M: 7.21%
• YTD: 12.57%
• 1Y: 26.28%
• 3Y*: 16.54%
• 5Y*: 9.66%
• 10Y*: 9.69%
• ALL TIME*: 8.28%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FDKSX Fidelity Advisor Freedom 2060 Fund Class C	$0.00	$0.00	$0.00
FSPSX Fidelity International Index Fund	$0.00	$0.00	$0.00

FDKSX vs. FSPSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDKSX Fidelity Advisor Freedom 2060 Fund Class C	10.06%	21.84%	12.51%	18.12%	-18.91%	14.83%	16.31%	25.43%	-9.14%	20.42%
FSPSX Fidelity International Index Fund	12.57%	31.98%	3.70%	18.31%	-14.23%	11.45%	8.16%	22.03%	-13.55%	25.37%

Correlation

The correlation between FDKSX and FSPSX is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (3Y) Balances recent behavior with more history.	0.86
Correlation (5Y) Shows whether the relationship held over a longer period.	0.89
Correlation (10Y) Provides a long-term view across more market conditions.	0.88
Correlation (All Time) Calculated using the full available price history since Aug 12, 2014	0.88

The correlation between FDKSX and FSPSX has been stable across timeframes, ranging from 0.86 to 0.89 - a consistent structural relationship.

Return for Risk

FDKSX vs. FSPSX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FDKSX

FDKSX Risk / Return Rank: 46
FDKSX Sharpe Ratio Rank: 43
FDKSX Sortino Ratio Rank: 42
FDKSX Omega Ratio Rank: 43
FDKSX Calmar Ratio Rank: 46
FDKSX Martin Ratio Rank: 56

FSPSX

FSPSX Risk / Return Rank: 70
FSPSX Sharpe Ratio Rank: 72
FSPSX Sortino Ratio Rank: 70
FSPSX Omega Ratio Rank: 69
FSPSX Calmar Ratio Rank: 70
FSPSX Martin Ratio Rank: 70

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FDKSX vs. FSPSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2060 Fund Class C (FDKSX) and Fidelity International Index Fund (FSPSX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FDKSX	FSPSX	Difference
Sharpe ratio: Return per unit of total volatility	1.32	1.62	-0.30
Sortino ratio: Return per unit of downside risk	1.89	2.29	-0.41
Omega ratio: Gain probability vs. loss probability	1.24	1.29	-0.05
Calmar ratio: Return relative to maximum drawdown	1.91	2.20	-0.29
Martin ratio: Return relative to average drawdown	7.84	8.33	-0.49

FDKSX vs. FSPSX - Sharpe Ratio Comparison

The current FDKSX Sharpe Ratio is 1.32, which is comparable to the FSPSX Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of FDKSX and FSPSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FDKSX vs. FSPSX - Drawdown Comparison

The maximum FDKSX drawdown since its inception was -31.32%, smaller than the maximum FSPSX drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FDKSX and FSPSX.

Drawdown Indicators

	FDKSX	FSPSX	Difference
Max Drawdown Largest peak-to-trough decline	-31.32%	-33.69%	+2.37%
Max Drawdown (1Y) Largest decline over 1 year	-9.97%	-11.39%	+1.42%
Max Drawdown (3Y) Largest decline over 3 years	-15.24%	-13.58%	-1.66%
Max Drawdown (5Y) Largest decline over 5 years	-28.02%	-29.41%	+1.39%
Max Drawdown (10Y) Largest decline over 10 years	-31.32%	-33.69%	+2.37%
Current Drawdown Current decline from peak	-2.60%	0.00%	-2.60%
Average Drawdown Average peak-to-trough decline	-5.39%	-6.49%	+1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.42%	3.00%	-0.58%

Volatility

FDKSX vs. FSPSX - Volatility Comparison

Fidelity Advisor Freedom 2060 Fund Class C (FDKSX) and Fidelity International Index Fund (FSPSX) have volatilities of 4.44% and 4.57%, 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.

Volatility by Period

	FDKSX	FSPSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.44%	4.57%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	12.44%	13.22%	-0.78%
Volatility (1Y) Calculated over the trailing 1-year period	14.39%	15.52%	-1.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.23%	16.12%	-0.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.51%	16.29%	-0.78%

FDKSX vs. FSPSX - Expense Ratio Comparison

FDKSX has a 1.75% expense ratio, which is higher than FSPSX's 0.04% expense ratio.

Dividends

FDKSX vs. FSPSX - Dividend Comparison

FDKSX's dividend yield for the trailing twelve months is around 5.57%, more than FSPSX's 2.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDKSX Fidelity Advisor Freedom 2060 Fund Class C	5.57%	4.20%	1.05%	1.51%	9.79%	7.87%	3.85%	5.46%	7.96%	2.40%	2.52%	1.71%
FSPSX Fidelity International Index Fund	2.80%	3.15%	3.27%	2.79%	2.66%	3.07%	1.84%	3.18%	2.79%	2.50%	3.08%	2.79%

Frequently Asked Questions

Can I hold both FDKSX and FSPSX in my portfolio?

FDKSX and FSPSX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDKSX or FSPSX?

FSPSX has higher volatility (4.57%) compared to FDKSX (4.44%). In terms of maximum drawdown, FDKSX dropped -31.32% vs FSPSX's -33.69%.

Which has better risk-adjusted returns?

FSPSX currently has the higher Sharpe Ratio (1.62 vs 1.32), 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.