FELSX vs. FYTKX

Last updated Jun 4, 2026

FELSX (Fidelity Flex Freedom Blend 2025 Fund) and FYTKX (Fidelity Freedom Income Fund Class K6) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FELSX returned 7.12%/yr vs 3.46%/yr for FYTKX. Their correlation of 0.85 suggests significant overlap in exposure. FELSX charges 0.00%/yr vs 0.37%/yr for FYTKX.

Performance

FELSX vs. FYTKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Flex Freedom Blend 2025 Fund (FELSX) and Fidelity Freedom Income Fund Class K6 (FYTKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FELSX achieves a 8.51% return, which is significantly higher than FYTKX's 5.05% return.

FELSX

• 1D: 0.43%
• 1M: 3.36%
• YTD: 8.51%
• 6M: 9.18%
• 1Y: 19.96%
• 3Y*: 15.26%
• 5Y*: 7.12%
• 10Y*: —

FYTKX

• 1D: 0.26%
• 1M: 1.73%
• YTD: 5.05%
• 6M: 5.40%
• 1Y: 11.76%
• 3Y*: 8.33%
• 5Y*: 3.46%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FELSX vs. FYTKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FELSX Fidelity Flex Freedom Blend 2025 Fund	8.51%	16.22%	13.48%	14.56%	-16.84%	10.29%	14.86%	19.81%	-5.51%	7.55%
FYTKX Fidelity Freedom Income Fund Class K6	5.05%	10.61%	4.60%	8.42%	-11.23%	3.25%	9.07%	10.71%	-1.84%	3.46%

Correlation

The correlation between FELSX and FYTKX is 0.93, 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	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (All Time) Calculated using the full available price history since Jun 16, 2017	0.85

The correlation between FELSX and FYTKX has been stable across timeframes, ranging from 0.85 to 0.93 - a consistent structural relationship.

Return for Risk

FELSX vs. FYTKX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FELSX

FELSX Risk / Return Rank: 74
FELSX Sharpe Ratio Rank: 76
FELSX Sortino Ratio Rank: 74
FELSX Omega Ratio Rank: 75
FELSX Calmar Ratio Rank: 70
FELSX Martin Ratio Rank: 74

FYTKX

FYTKX Risk / Return Rank: 78
FYTKX Sharpe Ratio Rank: 81
FYTKX Sortino Ratio Rank: 81
FYTKX Omega Ratio Rank: 83
FYTKX Calmar Ratio Rank: 71
FYTKX Martin Ratio Rank: 76

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FELSX vs. FYTKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2025 Fund (FELSX) and Fidelity Freedom Income Fund Class K6 (FYTKX). 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.

	FELSX	FYTKX	Difference
Sharpe ratio Return per unit of total volatility	2.53	2.63	-0.11
Sortino ratio Return per unit of downside risk	3.61	3.82	-0.22
Omega ratio Gain probability vs. loss probability	1.49	1.55	-0.05
Calmar ratio Return relative to maximum drawdown	3.24	3.26	-0.02
Martin ratio Return relative to average drawdown	14.03	14.40	-0.37
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FELSX vs. FYTKX - Sharpe Ratio Comparison

The current FELSX Sharpe Ratio is 2.53, which is comparable to the FYTKX Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of FELSX and FYTKX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FELSX	FYTKX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.53	2.63	-0.11
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.65	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	0.95	-0.12

Drawdowns

FELSX vs. FYTKX - Drawdown Comparison

The maximum FELSX drawdown since its inception was -23.65%, which is greater than FYTKX's maximum drawdown of -15.80%. Use the drawdown chart below to compare losses from any high point for FELSX and FYTKX.

Drawdown Indicators

	FELSX	FYTKX	Difference
Max Drawdown Largest peak-to-trough decline	-23.65%	-15.80%	-7.85%
Max Drawdown (1Y) Largest decline over 1 year	-6.24%	-3.67%	-2.57%
Max Drawdown (3Y) Largest decline over 3 years	-8.86%	-4.85%	-4.01%
Max Drawdown (5Y) Largest decline over 5 years	-23.65%	-15.80%	-7.85%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.60%	-2.88%	-1.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.44%	0.83%	+0.61%

Volatility

FELSX vs. FYTKX - Volatility Comparison

Fidelity Flex Freedom Blend 2025 Fund (FELSX) has a higher volatility of 2.90% compared to Fidelity Freedom Income Fund Class K6 (FYTKX) at 1.86%. This indicates that FELSX's price experiences larger fluctuations and is considered to be riskier than FYTKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FELSX	FYTKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.90%	1.86%	+1.04%
Volatility (6M) Calculated over the trailing 6-month period	6.63%	3.85%	+2.78%
Volatility (1Y) Calculated over the trailing 1-year period	8.02%	4.54%	+3.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.19%	5.34%	+4.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.51%	4.76%	+5.75%

FELSX vs. FYTKX - Expense Ratio Comparison

FELSX has a 0.00% expense ratio, which is lower than FYTKX's 0.37% expense ratio.

Dividends

FELSX vs. FYTKX - Dividend Comparison

FELSX's dividend yield for the trailing twelve months is around 13.11%, more than FYTKX's 3.20% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FELSX Fidelity Flex Freedom Blend 2025 Fund	13.11%	7.27%	9.85%	2.83%	4.58%	6.54%	4.96%	6.38%	6.52%	2.72%
FYTKX Fidelity Freedom Income Fund Class K6	3.20%	3.53%	3.38%	3.13%	6.05%	6.26%	4.48%	3.80%	5.33%	2.65%

Frequently Asked Questions

Can I hold both FELSX and FYTKX in my portfolio?

With a correlation of 0.93, FELSX and FYTKX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FELSX or FYTKX?

FELSX has higher volatility (2.90%) compared to FYTKX (1.86%). In terms of maximum drawdown, FELSX dropped -23.65% vs FYTKX's -15.80%.

Which has better risk-adjusted returns?

FYTKX currently has the higher Sharpe Ratio (2.63 vs 2.53), 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.