FDKVX vs. VOO
Compare and contrast key facts about Fidelity Freedom 2060 Fund (FDKVX) and Vanguard S&P 500 ETF (VOO).
FDKVX is managed by Fidelity. It was launched on Aug 5, 2014. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDKVX or VOO.
Correlation
The correlation between FDKVX and VOO is 0.92, 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. VOO - Performance Comparison
Key characteristics
FDKVX:
0.93
VOO:
1.31
FDKVX:
1.34
VOO:
1.79
FDKVX:
1.17
VOO:
1.24
FDKVX:
0.90
VOO:
2.00
FDKVX:
5.00
VOO:
8.07
FDKVX:
2.22%
VOO:
2.10%
FDKVX:
11.87%
VOO:
12.95%
FDKVX:
-34.53%
VOO:
-33.99%
FDKVX:
-3.56%
VOO:
-4.75%
Returns By Period
In the year-to-date period, FDKVX achieves a 2.34% return, which is significantly higher than VOO's -0.35% return. Over the past 10 years, FDKVX has underperformed VOO with an annualized return of 5.20%, while VOO has yielded a comparatively higher 12.97% annualized return.
FDKVX
2.34%
-1.13%
1.43%
9.47%
6.24%
5.20%
VOO
-0.35%
-2.97%
4.30%
15.39%
15.15%
12.97%
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FDKVX vs. VOO - Expense Ratio Comparison
FDKVX has a 0.75% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FDKVX vs. VOO — Risk-Adjusted Performance Rank
FDKVX
VOO
FDKVX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2060 Fund (FDKVX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FDKVX's dividend yield for the trailing twelve months is around 1.01%, less than VOO's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDKVX Fidelity Freedom 2060 Fund | 1.01% | 1.03% | 1.25% | 2.10% | 2.23% | 1.03% | 1.49% | 1.53% | 1.08% | 1.28% | 1.96% | 2.68% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FDKVX vs. VOO - Drawdown Comparison
The maximum FDKVX drawdown since its inception was -34.53%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FDKVX and VOO. For additional features, visit the drawdowns tool.
Volatility
FDKVX vs. VOO - Volatility Comparison
The current volatility for Fidelity Freedom 2060 Fund (FDKVX) is 3.33%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.01%. This indicates that FDKVX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.