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

Performance

FDKVX vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2060 Fund (FDKVX) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.27%
13.23%
FDKVX
VOO

Returns By Period

In the year-to-date period, FDKVX achieves a 16.08% return, which is significantly lower than VOO's 26.58% return. Over the past 10 years, FDKVX has underperformed VOO with an annualized return of 5.46%, while VOO has yielded a comparatively higher 13.22% annualized return.


FDKVX

YTD

16.08%

1M

0.80%

6M

6.27%

1Y

23.11%

5Y (annualized)

5.91%

10Y (annualized)

5.46%

VOO

YTD

26.58%

1M

3.05%

6M

13.23%

1Y

32.77%

5Y (annualized)

15.74%

10Y (annualized)

13.22%

Key characteristics


FDKVXVOO
Sharpe Ratio2.032.69
Sortino Ratio2.833.59
Omega Ratio1.361.50
Calmar Ratio1.183.88
Martin Ratio12.7217.58
Ulcer Index1.82%1.86%
Daily Std Dev11.38%12.19%
Max Drawdown-34.53%-33.99%
Current Drawdown-1.50%-0.53%

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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.


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 VOO: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Correlation

-0.50.00.51.00.9

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.

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for FDKVX, currently valued at 2.03, compared to the broader market-1.000.001.002.003.004.005.002.032.69
The chart of Sortino ratio for FDKVX, currently valued at 2.83, compared to the broader market0.005.0010.002.833.59
The chart of Omega ratio for FDKVX, currently valued at 1.36, compared to the broader market1.002.003.004.001.361.50
The chart of Calmar ratio for FDKVX, currently valued at 1.18, compared to the broader market0.005.0010.0015.0020.0025.001.183.88
The chart of Martin ratio for FDKVX, currently valued at 12.72, compared to the broader market0.0020.0040.0060.0080.00100.0012.7217.58
FDKVX
VOO

The current FDKVX Sharpe Ratio is 2.03, which is comparable to the VOO Sharpe Ratio of 2.69. The chart below compares the historical Sharpe Ratios of FDKVX and VOO, 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.03
2.69
FDKVX
VOO

Dividends

FDKVX vs. VOO - Dividend Comparison

FDKVX's dividend yield for the trailing twelve months is around 1.07%, less than VOO's 1.24% yield.


TTM20232022202120202019201820172016201520142013
FDKVX
Fidelity Freedom 2060 Fund
1.07%1.25%2.10%2.23%1.03%1.49%1.53%1.08%1.28%1.96%2.68%0.00%
VOO
Vanguard S&P 500 ETF
1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%1.84%

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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.50%
-0.53%
FDKVX
VOO

Volatility

FDKVX vs. VOO - Volatility Comparison

The current volatility for Fidelity Freedom 2060 Fund (FDKVX) is 3.10%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.99%. 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.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.10%
3.99%
FDKVX
VOO