FFFYX vs. FDKVX
FFFYX (Fidelity Advisor Freedom 2050 Fund Class C) and FDKVX (Fidelity Freedom 2060 Fund) are both Target Retirement Date funds from Fidelity. Over the past 10 years, FFFYX returned 11.75%/yr vs 12.69%/yr for FDKVX. With a 0.99 correlation, they move nearly in lockstep. FFFYX charges 1.75%/yr vs 0.75%/yr for FDKVX.
Performance
FFFYX vs. FDKVX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FFFYX achieves a 10.13% return, which is significantly lower than FDKVX's 12.20% return. Over the past 10 years, FFFYX has underperformed FDKVX with an annualized return of 11.75%, while FDKVX has yielded a comparatively higher 12.69% annualized return.
FFFYX
- 1D
- 0.13%
- 1M
- -0.58%
- YTD
- 10.13%
- 6M
- 9.44%
- 1Y
- 22.51%
- 3Y*
- 19.80%
- 5Y*
- 9.16%
- 10Y*
- 11.75%
FDKVX
- 1D
- 0.11%
- 1M
- -0.37%
- YTD
- 12.20%
- 6M
- 11.49%
- 1Y
- 26.88%
- 3Y*
- 19.92%
- 5Y*
- 9.87%
- 10Y*
- 12.69%
FFFYX vs. FDKVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFFYX Fidelity Advisor Freedom 2050 Fund Class C | 10.13% | 27.84% | 12.53% | 18.08% | -18.94% | 14.82% | 16.41% | 25.42% | -9.22% | 20.44% |
FDKVX Fidelity Freedom 2060 Fund | 12.20% | 23.75% | 14.02% | 20.50% | -18.30% | 16.60% | 18.18% | 25.43% | -8.90% | 22.11% |
Correlation
The correlation between FFFYX and FDKVX 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 | 0.99 |
Correlation (5Y) Calculated over the trailing 5-year period | 1.00 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Aug 12, 2014 | 0.99 |
The correlation between FFFYX and FDKVX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FFFYX vs. FDKVX — Risk / Return Rank
FFFYX
FDKVX
FFFYX vs. FDKVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2050 Fund Class C (FFFYX) 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.
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.
| FFFYX | FDKVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.36 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 2.75 | -0.48 |
| Martin ratioReturn relative to average drawdown | 9.70 | 11.98 | -2.28 |
Loading charts...
Drawdowns
FFFYX vs. FDKVX - Drawdown Comparison
The maximum FFFYX drawdown since its inception was -58.62%, which is greater than FDKVX's maximum drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for FFFYX and FDKVX.
Loading charts...
Drawdown Indicators
| FFFYX | FDKVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.62% | -30.95% | -27.67% |
Max Drawdown (1Y)Largest decline over 1 year | -9.87% | -9.78% | -0.09% |
Max Drawdown (3Y)Largest decline over 3 years | -15.19% | -15.41% | +0.22% |
Max Drawdown (5Y)Largest decline over 5 years | -27.99% | -27.35% | -0.64% |
Max Drawdown (10Y)Largest decline over 10 years | -31.38% | -30.95% | -0.43% |
Current DrawdownCurrent decline from peak | -2.33% | -2.39% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -9.72% | -5.05% | -4.67% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.31% | 2.24% | +0.07% |
Volatility
FFFYX vs. FDKVX - Volatility Comparison
Fidelity Advisor Freedom 2050 Fund Class C (FFFYX) and Fidelity Freedom 2060 Fund (FDKVX) have volatilities of 6.05% and 6.22%, 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.
Loading charts...
Volatility by Period
| FFFYX | FDKVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.05% | 6.22% | -0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 11.73% | 11.89% | -0.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.77% | 13.91% | -0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.33% | 15.23% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.59% | 15.39% | +0.20% |
FFFYX vs. FDKVX - Expense Ratio Comparison
FFFYX has a 1.75% expense ratio, which is higher than FDKVX's 0.75% expense ratio.
Dividends
FFFYX vs. FDKVX - Dividend Comparison
FFFYX's dividend yield for the trailing twelve months is around 6.55%, more than FDKVX's 4.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDKVX Fidelity Freedom 2060 Fund | 4.95% | 3.69% | 1.86% | 1.98% | 10.62% | 10.17% | 3.81% | 5.90% | 5.83% | 3.23% | 2.85% | 3.00% |
FFFYX Fidelity Advisor Freedom 2050 Fund Class C | 6.55% | 9.68% | 0.92% | 0.80% | 10.23% | 9.02% | 4.86% | 6.25% | 10.95% | 3.72% | 3.98% | 2.96% |
Frequently Asked Questions
With a correlation of 1.00, FFFYX and FDKVX 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.
FDKVX has higher volatility (6.22%) compared to FFFYX (6.05%). In terms of maximum drawdown, FFFYX dropped -58.62% vs FDKVX's -30.95%.
FDKVX currently has the higher Sharpe Ratio (1.94 vs 1.63), 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.
Find the right allocation for FFFYX and FDKVX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer