FDKVX vs. SWPRX
Compare and contrast key facts about Fidelity Freedom 2060 Fund (FDKVX) and Schwab Target 2060 Fund (SWPRX).
FDKVX is managed by Fidelity. It was launched on Aug 5, 2014. SWPRX is managed by Charles Schwab. It was launched on Aug 24, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDKVX or SWPRX.
Key characteristics
| FDKVX | SWPRX | |
|---|---|---|
| YTD Return | 15.38% | 15.37% |
| 1Y Return | 26.98% | 27.46% |
| 3Y Return (Ann) | -0.45% | 3.43% |
| 5Y Return (Ann) | 5.87% | 9.81% |
| Sharpe Ratio | 2.36 | 2.34 |
| Sortino Ratio | 3.30 | 3.10 |
| Omega Ratio | 1.43 | 1.47 |
| Calmar Ratio | 1.17 | 1.96 |
| Martin Ratio | 15.22 | 15.66 |
| Ulcer Index | 1.77% | 1.75% |
| Daily Std Dev | 11.43% | 11.76% |
| Max Drawdown | -34.53% | -34.43% |
| Current Drawdown | -1.63% | -1.53% |
Correlation
The correlation between FDKVX and SWPRX is 0.95, 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. SWPRX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FDKVX having a 15.38% return and SWPRX slightly lower at 15.37%. 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. SWPRX - Expense Ratio Comparison
FDKVX has a 0.75% expense ratio, which is higher than SWPRX's 0.00% expense ratio.
Risk-Adjusted Performance
FDKVX vs. SWPRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2060 Fund (FDKVX) and Schwab Target 2060 Fund (SWPRX). 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. SWPRX - Dividend Comparison
FDKVX's dividend yield for the trailing twelve months is around 1.08%, less than SWPRX's 1.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SWPRX Schwab Target 2060 Fund | 1.59% | 1.84% | 1.65% | 2.93% | 0.94% | 1.82% | 2.58% | 2.42% | 1.11% | 0.00% | 0.00% |
Drawdowns
FDKVX vs. SWPRX - Drawdown Comparison
The maximum FDKVX drawdown since its inception was -34.53%, roughly equal to the maximum SWPRX drawdown of -34.43%. Use the drawdown chart below to compare losses from any high point for FDKVX and SWPRX. For additional features, visit the drawdowns tool.
Volatility
FDKVX vs. SWPRX - Volatility Comparison
Fidelity Freedom 2060 Fund (FDKVX) and Schwab Target 2060 Fund (SWPRX) have volatilities of 2.85% and 2.82%, 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.