FDTKX vs. ^GSPC
FDTKX (Fidelity Freedom 2025 Fund Class K6) is Target Retirement Date fund managed by Fidelity, while ^GSPC (S&P 500 Index) is an index. Over the past 5 years, FDTKX returned 6.39%/yr vs 11.99%/yr for ^GSPC. Their correlation of 0.88 suggests significant overlap in exposure.
Performance
FDTKX vs. ^GSPC - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with FDTKX having a 8.88% return and ^GSPC slightly higher at 9.16%.
FDTKX
- 1D
- 0.97%
- 1M
- 2.28%
- YTD
- 8.88%
- 6M
- 8.94%
- 1Y
- 20.04%
- 3Y*
- 13.16%
- 5Y*
- 6.39%
- 10Y*
- —
^GSPC
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FDTKX vs. ^GSPC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDTKX Fidelity Freedom 2025 Fund Class K6 | 8.88% | 16.75% | 8.47% | 14.44% | -16.54% | 10.35% | 14.76% | 19.72% | -5.76% | 5.95% |
^GSPC S&P 500 Index | 9.16% | 16.39% | 23.31% | 24.23% | -19.44% | 26.89% | 16.26% | 28.88% | -6.24% | 9.67% |
Correlation
The correlation between FDTKX and ^GSPC is 0.89, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.89 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.85 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2017 | 0.88 |
The correlation between FDTKX and ^GSPC has been stable across timeframes, ranging from 0.85 to 0.89 - a consistent structural relationship.
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Return for Risk
FDTKX vs. ^GSPC — Risk / Return Rank
FDTKX
^GSPC
FDTKX vs. ^GSPC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2025 Fund Class K6 (FDTKX) and S&P 500 Index (^GSPC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FDTKX | ^GSPC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.29 | ||
| Sortino ratioReturn per unit of downside risk | +0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.37 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 3.16 | 2.78 | +0.37 |
| Martin ratioReturn relative to average drawdown | 13.48 | 12.44 | +1.04 |
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Drawdowns
FDTKX vs. ^GSPC - Drawdown Comparison
The maximum FDTKX drawdown since its inception was -23.54%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FDTKX and ^GSPC.
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Drawdown Indicators
| FDTKX | ^GSPC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.54% | -56.78% | +33.24% |
Max Drawdown (1Y)Largest decline over 1 year | -6.32% | -9.10% | +2.78% |
Max Drawdown (3Y)Largest decline over 3 years | -8.86% | -18.90% | +10.04% |
Max Drawdown (5Y)Largest decline over 5 years | -23.54% | -25.43% | +1.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -4.59% | -10.71% | +6.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.48% | 2.03% | -0.55% |
Volatility
FDTKX vs. ^GSPC - Volatility Comparison
The current volatility for Fidelity Freedom 2025 Fund Class K6 (FDTKX) is 3.68%, while S&P 500 Index (^GSPC) has a volatility of 4.67%. This indicates that FDTKX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDTKX | ^GSPC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.68% | 4.67% | -0.99% |
Volatility (6M)Calculated over the trailing 6-month period | 7.34% | 9.84% | -2.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.62% | 12.50% | -3.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.06% | 16.99% | -6.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.38% | 18.11% | -7.73% |
Frequently Asked Questions
FDTKX and ^GSPC have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
^GSPC has higher volatility (4.67%) compared to FDTKX (3.68%). In terms of maximum drawdown, FDTKX dropped -23.54% vs ^GSPC's -56.78%.
FDTKX currently has the higher Sharpe Ratio (2.32 vs 2.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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