FDKVX vs. SCHD
Compare and contrast key facts about Fidelity Freedom 2060 Fund (FDKVX) and Schwab US Dividend Equity ETF (SCHD).
FDKVX is managed by Fidelity. It was launched on Aug 5, 2014. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDKVX or SCHD.
Key characteristics
| FDKVX | SCHD | |
|---|---|---|
| YTD Return | 15.38% | 17.59% |
| 1Y Return | 26.98% | 29.76% |
| 3Y Return (Ann) | -0.45% | 7.11% |
| 5Y Return (Ann) | 5.87% | 12.79% |
| 10Y Return (Ann) | 5.58% | 11.73% |
| Sharpe Ratio | 2.36 | 2.59 |
| Sortino Ratio | 3.30 | 3.75 |
| Omega Ratio | 1.43 | 1.46 |
| Calmar Ratio | 1.17 | 2.72 |
| Martin Ratio | 15.22 | 14.39 |
| Ulcer Index | 1.77% | 2.04% |
| Daily Std Dev | 11.43% | 11.31% |
| Max Drawdown | -34.53% | -33.37% |
| Current Drawdown | -1.63% | 0.00% |
Correlation
The correlation between FDKVX and SCHD is 0.81, 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. SCHD - Performance Comparison
In the year-to-date period, FDKVX achieves a 15.38% return, which is significantly lower than SCHD's 17.59% return. Over the past 10 years, FDKVX has underperformed SCHD with an annualized return of 5.58%, while SCHD has yielded a comparatively higher 11.73% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FDKVX vs. SCHD - Expense Ratio Comparison
FDKVX has a 0.75% expense ratio, which is higher than SCHD's 0.06% expense ratio.
Risk-Adjusted Performance
FDKVX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2060 Fund (FDKVX) and Schwab US Dividend Equity ETF (SCHD). 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
FDKVX vs. SCHD - Dividend Comparison
FDKVX's dividend yield for the trailing twelve months is around 1.08%, less than SCHD's 3.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
SCHD Schwab US Dividend Equity ETF | 3.37% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% | 2.47% |
Drawdowns
FDKVX vs. SCHD - Drawdown Comparison
The maximum FDKVX drawdown since its inception was -34.53%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for FDKVX and SCHD. For additional features, visit the drawdowns tool.
Volatility
FDKVX vs. SCHD - Volatility Comparison
The current volatility for Fidelity Freedom 2060 Fund (FDKVX) is 2.85%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 3.62%. This indicates that FDKVX experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.