FFFLX vs. FDKPX
FFFLX (Fidelity Advisor Freedom 2050 Fund Class A) and FDKPX (Fidelity Advisor Freedom 2060 Fund Class A) are both Target Retirement Date funds from Fidelity. Over the past 10 years, FFFLX returned 12.29%/yr vs 12.31%/yr for FDKPX. With a 1.00 correlation, they move nearly in lockstep. Both charge a 1.00% expense ratio.
Performance
FFFLX vs. FDKPX - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with FFFLX having a 12.83% return and FDKPX slightly higher at 13.17%. Both investments have delivered pretty close results over the past 10 years, with FFFLX having a 12.29% annualized return and FDKPX not far ahead at 12.31%.
FFFLX
- 1D
- -0.30%
- 1M
- 2.84%
- YTD
- 12.83%
- 6M
- 12.39%
- 1Y
- 27.47%
- 3Y*
- 19.59%
- 5Y*
- 9.63%
- 10Y*
- 12.29%
FDKPX
- 1D
- -0.23%
- 1M
- 2.98%
- YTD
- 13.17%
- 6M
- 12.68%
- 1Y
- 27.84%
- 3Y*
- 19.69%
- 5Y*
- 9.68%
- 10Y*
- 12.31%
FFFLX vs. FDKPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFFLX Fidelity Advisor Freedom 2050 Fund Class A | 12.83% | 22.73% | 13.41% | 18.92% | -18.34% | 15.79% | 17.25% | 26.29% | -8.46% | 21.36% |
FDKPX Fidelity Advisor Freedom 2060 Fund Class A | 13.17% | 22.74% | 13.42% | 18.93% | -18.39% | 15.80% | 17.12% | 26.34% | -8.47% | 21.36% |
Correlation
The correlation between FFFLX and FDKPX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (3Y) Calculated over the trailing 3-year period | 1.00 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Aug 12, 2014 | 1.00 |
The correlation between FFFLX and FDKPX has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
FFFLX vs. FDKPX — Risk / Return Rank
FFFLX
FDKPX
FFFLX vs. FDKPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2050 Fund Class A (FFFLX) and Fidelity Advisor Freedom 2060 Fund Class A (FDKPX). 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.
| FFFLX | FDKPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.39 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.91 | 2.92 | -0.01 |
| Martin ratioReturn relative to average drawdown | 12.48 | 12.58 | -0.10 |
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Drawdowns
FFFLX vs. FDKPX - Drawdown Comparison
The maximum FFFLX drawdown since its inception was -58.29%, which is greater than FDKPX's maximum drawdown of -31.32%. Use the drawdown chart below to compare losses from any high point for FFFLX and FDKPX.
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Drawdown Indicators
| FFFLX | FDKPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.29% | -31.32% | -26.97% |
Max Drawdown (1Y)Largest decline over 1 year | -9.79% | -9.88% | +0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -15.15% | -15.18% | +0.03% |
Max Drawdown (5Y)Largest decline over 5 years | -27.47% | -27.46% | -0.01% |
Max Drawdown (10Y)Largest decline over 10 years | -31.22% | -31.32% | +0.10% |
Current DrawdownCurrent decline from peak | -0.30% | -0.23% | -0.07% |
Average DrawdownAverage peak-to-trough decline | -9.10% | -5.12% | -3.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.28% | 2.29% | -0.01% |
Volatility
FFFLX vs. FDKPX - Volatility Comparison
Fidelity Advisor Freedom 2050 Fund Class A (FFFLX) and Fidelity Advisor Freedom 2060 Fund Class A (FDKPX) have volatilities of 5.62% and 5.73%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFFLX | FDKPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.62% | 5.73% | -0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 11.57% | 11.70% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.63% | 13.75% | -0.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.13% | 15.15% | -0.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.55% | 15.58% | -0.03% |
FFFLX vs. FDKPX - Expense Ratio Comparison
Both FFFLX and FDKPX have an expense ratio of 1.00%.
Dividends
FFFLX vs. FDKPX - Dividend Comparison
FFFLX's dividend yield for the trailing twelve months is around 6.54%, more than FDKPX's 5.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDKPX Fidelity Advisor Freedom 2060 Fund Class A | 5.77% | 4.63% | 1.56% | 1.96% | 10.12% | 8.33% | 4.26% | 6.02% | 8.45% | 2.84% | 3.14% | 3.43% |
FFFLX Fidelity Advisor Freedom 2050 Fund Class A | 6.54% | 5.87% | 1.42% | 1.25% | 10.58% | 9.34% | 5.18% | 6.72% | 11.39% | 4.24% | 4.52% | 3.69% |
Frequently Asked Questions
With a correlation of 1.00, FFFLX and FDKPX 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.
FDKPX has higher volatility (5.73%) compared to FFFLX (5.62%). In terms of maximum drawdown, FFFLX dropped -58.29% vs FDKPX's -31.32%.
FDKPX currently has the higher Sharpe Ratio (2.10 vs 2.10), 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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