FFFAX vs. FDKVX
Compare and contrast key facts about Fidelity Freedom Income Fund (FFFAX) and Fidelity Freedom 2060 Fund (FDKVX).
FFFAX is managed by Fidelity. It was launched on Oct 17, 1996. FDKVX is managed by Fidelity. It was launched on Aug 5, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFFAX or FDKVX.
Correlation
The correlation between FFFAX and FDKVX is 0.74, 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
FFFAX vs. FDKVX - Performance Comparison
Key characteristics
FFFAX:
1.63
FDKVX:
1.54
FFFAX:
2.39
FDKVX:
2.15
FFFAX:
1.30
FDKVX:
1.27
FFFAX:
0.77
FDKVX:
1.41
FFFAX:
6.18
FDKVX:
8.35
FFFAX:
1.20%
FDKVX:
2.17%
FFFAX:
4.57%
FDKVX:
11.78%
FFFAX:
-19.26%
FDKVX:
-34.53%
FFFAX:
-2.78%
FDKVX:
0.00%
Returns By Period
In the year-to-date period, FFFAX achieves a 2.28% return, which is significantly lower than FDKVX's 5.64% return. Over the past 10 years, FFFAX has underperformed FDKVX with an annualized return of 1.52%, while FDKVX has yielded a comparatively higher 5.49% annualized return.
FFFAX
2.28%
2.09%
1.69%
7.02%
0.71%
1.52%
FDKVX
5.64%
4.49%
6.27%
15.87%
5.50%
5.49%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FFFAX vs. FDKVX - Expense Ratio Comparison
FFFAX has a 0.47% expense ratio, which is lower than FDKVX's 0.75% expense ratio.
Risk-Adjusted Performance
FFFAX vs. FDKVX — Risk-Adjusted Performance Rank
FFFAX
FDKVX
FFFAX vs. FDKVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Income Fund (FFFAX) and Fidelity Freedom 2060 Fund (FDKVX). 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
FFFAX vs. FDKVX - Dividend Comparison
FFFAX's dividend yield for the trailing twelve months is around 3.07%, more than FDKVX's 0.98% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFAX Fidelity Freedom Income Fund | 3.07% | 3.11% | 2.92% | 3.44% | 2.43% | 1.18% | 1.97% | 2.05% | 1.63% | 1.74% | 2.83% | 5.89% |
FDKVX Fidelity Freedom 2060 Fund | 0.98% | 1.03% | 1.25% | 2.10% | 2.23% | 1.03% | 1.49% | 1.53% | 1.08% | 1.28% | 1.96% | 2.68% |
Drawdowns
FFFAX vs. FDKVX - Drawdown Comparison
The maximum FFFAX drawdown since its inception was -19.26%, smaller than the maximum FDKVX drawdown of -34.53%. Use the drawdown chart below to compare losses from any high point for FFFAX and FDKVX. For additional features, visit the drawdowns tool.
Volatility
FFFAX vs. FDKVX - Volatility Comparison
The current volatility for Fidelity Freedom Income Fund (FFFAX) is 1.20%, while Fidelity Freedom 2060 Fund (FDKVX) has a volatility of 3.20%. This indicates that FFFAX experiences smaller price fluctuations and is considered to be less risky than FDKVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.