FFEZX vs. FHLKX
Compare and contrast key facts about Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX) and Fidelity Health Savings Fund Class K (FHLKX).
FFEZX is managed by Fidelity. It was launched on Oct 2, 2009. FHLKX is managed by Fidelity. It was launched on Mar 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFEZX or FHLKX.
Performance
FFEZX vs. FHLKX - Performance Comparison
Returns By Period
In the year-to-date period, FFEZX achieves a 12.89% return, which is significantly higher than FHLKX's 7.44% return.
FFEZX
12.89%
0.54%
6.61%
19.17%
8.07%
N/A
FHLKX
7.44%
0.22%
4.53%
12.60%
N/A
N/A
Key characteristics
| FFEZX | FHLKX | |
|---|---|---|
| Sharpe Ratio | 2.22 | 2.33 |
| Sortino Ratio | 3.15 | 3.47 |
| Omega Ratio | 1.40 | 1.44 |
| Calmar Ratio | 2.10 | 1.04 |
| Martin Ratio | 13.90 | 13.45 |
| Ulcer Index | 1.38% | 0.94% |
| Daily Std Dev | 8.68% | 5.40% |
| Max Drawdown | -28.46% | -19.56% |
| Current Drawdown | -0.82% | -1.28% |
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FFEZX vs. FHLKX - Expense Ratio Comparison
FFEZX has a 0.08% expense ratio, which is lower than FHLKX's 0.37% expense ratio.
Correlation
The correlation between FFEZX and FHLKX is 0.86, 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
FFEZX vs. FHLKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX) and Fidelity Health Savings Fund Class K (FHLKX). 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
FFEZX vs. FHLKX - Dividend Comparison
FFEZX's dividend yield for the trailing twelve months is around 2.00%, less than FHLKX's 3.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFEZX Fidelity Freedom Index 2035 Fund Institutional Premium Class | 2.00% | 2.13% | 1.98% | 1.57% | 1.43% | 1.86% | 2.21% | 1.76% | 1.96% | 2.04% |
FHLKX Fidelity Health Savings Fund Class K | 3.09% | 2.88% | 3.32% | 2.25% | 0.86% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFEZX vs. FHLKX - Drawdown Comparison
The maximum FFEZX drawdown since its inception was -28.46%, which is greater than FHLKX's maximum drawdown of -19.56%. Use the drawdown chart below to compare losses from any high point for FFEZX and FHLKX. For additional features, visit the drawdowns tool.
Volatility
FFEZX vs. FHLKX - Volatility Comparison
Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX) has a higher volatility of 2.28% compared to Fidelity Health Savings Fund Class K (FHLKX) at 1.40%. This indicates that FFEZX's price experiences larger fluctuations and is considered to be riskier than FHLKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.