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FDKVX vs. FFLDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FDKVXFFLDX
YTD Return15.38%15.20%
1Y Return26.98%26.65%
3Y Return (Ann)-0.45%4.32%
5Y Return (Ann)5.87%9.94%
Sharpe Ratio2.362.52
Sortino Ratio3.303.56
Omega Ratio1.431.47
Calmar Ratio1.172.39
Martin Ratio15.2216.52
Ulcer Index1.77%1.61%
Daily Std Dev11.43%10.57%
Max Drawdown-34.53%-30.72%
Current Drawdown-1.63%-1.43%

Correlation

-0.50.00.51.01.0

The correlation between FDKVX and FFLDX is 0.97, 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

FDKVX vs. FFLDX - Performance Comparison

The year-to-date returns for both stocks are quite close, with FDKVX having a 15.38% return and FFLDX slightly lower at 15.20%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
7.37%
8.60%
FDKVX
FFLDX

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FDKVX vs. FFLDX - Expense Ratio Comparison

FDKVX has a 0.75% expense ratio, which is higher than FFLDX's 0.08% expense ratio.


FDKVX
Fidelity Freedom 2060 Fund
Expense ratio chart for FDKVX: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for FFLDX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

FDKVX vs. FFLDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2060 Fund (FDKVX) and Fidelity Freedom Index 2055 Fund (FFLDX). 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.


FDKVX
Sharpe ratio
The chart of Sharpe ratio for FDKVX, currently valued at 2.36, compared to the broader market0.002.004.002.36
Sortino ratio
The chart of Sortino ratio for FDKVX, currently valued at 3.30, compared to the broader market0.005.0010.003.30
Omega ratio
The chart of Omega ratio for FDKVX, currently valued at 1.43, compared to the broader market1.002.003.004.001.43
Calmar ratio
The chart of Calmar ratio for FDKVX, currently valued at 1.17, compared to the broader market0.005.0010.0015.0020.001.17
Martin ratio
The chart of Martin ratio for FDKVX, currently valued at 15.22, compared to the broader market0.0020.0040.0060.0080.00100.0015.22
FFLDX
Sharpe ratio
The chart of Sharpe ratio for FFLDX, currently valued at 2.52, compared to the broader market0.002.004.002.52
Sortino ratio
The chart of Sortino ratio for FFLDX, currently valued at 3.56, compared to the broader market0.005.0010.003.56
Omega ratio
The chart of Omega ratio for FFLDX, currently valued at 1.47, compared to the broader market1.002.003.004.001.47
Calmar ratio
The chart of Calmar ratio for FFLDX, currently valued at 2.39, compared to the broader market0.005.0010.0015.0020.002.39
Martin ratio
The chart of Martin ratio for FFLDX, currently valued at 16.52, compared to the broader market0.0020.0040.0060.0080.00100.0016.52

FDKVX vs. FFLDX - Sharpe Ratio Comparison

The current FDKVX Sharpe Ratio is 2.36, which is comparable to the FFLDX Sharpe Ratio of 2.52. The chart below compares the historical Sharpe Ratios of FDKVX and FFLDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.36
2.52
FDKVX
FFLDX

Dividends

FDKVX vs. FFLDX - Dividend Comparison

FDKVX's dividend yield for the trailing twelve months is around 1.08%, less than FFLDX's 1.73% yield.


TTM2023202220212020201920182017201620152014
FDKVX
Fidelity Freedom 2060 Fund
1.08%1.25%2.10%2.23%1.03%1.49%1.53%1.08%1.28%1.96%2.68%
FFLDX
Fidelity Freedom Index 2055 Fund
1.73%1.96%3.04%1.99%1.91%10.83%2.44%1.97%2.42%2.32%0.00%

Drawdowns

FDKVX vs. FFLDX - Drawdown Comparison

The maximum FDKVX drawdown since its inception was -34.53%, which is greater than FFLDX's maximum drawdown of -30.72%. Use the drawdown chart below to compare losses from any high point for FDKVX and FFLDX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.63%
-1.43%
FDKVX
FFLDX

Volatility

FDKVX vs. FFLDX - Volatility Comparison

Fidelity Freedom 2060 Fund (FDKVX) has a higher volatility of 2.85% compared to Fidelity Freedom Index 2055 Fund (FFLDX) at 2.63%. This indicates that FDKVX's price experiences larger fluctuations and is considered to be riskier than FFLDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.85%
2.63%
FDKVX
FFLDX