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FFIKX vs. FDRR
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FFIKXFDRR
YTD Return17.25%23.42%
1Y Return29.67%36.99%
3Y Return (Ann)4.49%9.37%
5Y Return (Ann)9.81%12.56%
Sharpe Ratio2.693.10
Sortino Ratio3.714.21
Omega Ratio1.501.57
Calmar Ratio2.374.15
Martin Ratio17.5220.71
Ulcer Index1.65%1.72%
Daily Std Dev10.76%11.49%
Max Drawdown-30.69%-36.52%
Current Drawdown-0.20%0.00%

Correlation

-0.50.00.51.00.9

The correlation between FFIKX and FDRR is 0.92, 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

FFIKX vs. FDRR - Performance Comparison

In the year-to-date period, FFIKX achieves a 17.25% return, which is significantly lower than FDRR's 23.42% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


50.00%60.00%70.00%80.00%90.00%JuneJulyAugustSeptemberOctoberNovember
66.59%
93.09%
FFIKX
FDRR

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FFIKX vs. FDRR - Expense Ratio Comparison

FFIKX has a 0.08% expense ratio, which is lower than FDRR's 0.29% expense ratio.


FDRR
Fidelity Dividend ETF for Rising Rates
Expense ratio chart for FDRR: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%
Expense ratio chart for FFIKX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

FFIKX vs. FDRR - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2065 Fund Institutional Premium Class (FFIKX) and Fidelity Dividend ETF for Rising Rates (FDRR). 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.


FFIKX
Sharpe ratio
The chart of Sharpe ratio for FFIKX, currently valued at 2.69, compared to the broader market0.002.004.002.69
Sortino ratio
The chart of Sortino ratio for FFIKX, currently valued at 3.71, compared to the broader market0.005.0010.003.71
Omega ratio
The chart of Omega ratio for FFIKX, currently valued at 1.50, compared to the broader market1.002.003.004.001.50
Calmar ratio
The chart of Calmar ratio for FFIKX, currently valued at 2.37, compared to the broader market0.005.0010.0015.0020.002.37
Martin ratio
The chart of Martin ratio for FFIKX, currently valued at 17.52, compared to the broader market0.0020.0040.0060.0080.00100.0017.52
FDRR
Sharpe ratio
The chart of Sharpe ratio for FDRR, currently valued at 3.10, compared to the broader market0.002.004.003.10
Sortino ratio
The chart of Sortino ratio for FDRR, currently valued at 4.21, compared to the broader market0.005.0010.004.21
Omega ratio
The chart of Omega ratio for FDRR, currently valued at 1.57, compared to the broader market1.002.003.004.001.57
Calmar ratio
The chart of Calmar ratio for FDRR, currently valued at 4.15, compared to the broader market0.005.0010.0015.0020.004.15
Martin ratio
The chart of Martin ratio for FDRR, currently valued at 20.71, compared to the broader market0.0020.0040.0060.0080.00100.0020.71

FFIKX vs. FDRR - Sharpe Ratio Comparison

The current FFIKX Sharpe Ratio is 2.69, which is comparable to the FDRR Sharpe Ratio of 3.10. The chart below compares the historical Sharpe Ratios of FFIKX and FDRR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.69
3.10
FFIKX
FDRR

Dividends

FFIKX vs. FDRR - Dividend Comparison

FFIKX's dividend yield for the trailing twelve months is around 1.63%, less than FDRR's 2.16% yield.


TTM20232022202120202019201820172016
FFIKX
Fidelity Freedom Index 2065 Fund Institutional Premium Class
1.63%1.91%1.94%1.52%1.23%1.82%0.00%0.00%0.00%
FDRR
Fidelity Dividend ETF for Rising Rates
2.16%2.93%2.75%2.09%2.85%2.89%3.20%2.89%0.61%

Drawdowns

FFIKX vs. FDRR - Drawdown Comparison

The maximum FFIKX drawdown since its inception was -30.69%, smaller than the maximum FDRR drawdown of -36.52%. Use the drawdown chart below to compare losses from any high point for FFIKX and FDRR. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.20%
0
FFIKX
FDRR

Volatility

FFIKX vs. FDRR - Volatility Comparison

The current volatility for Fidelity Freedom Index 2065 Fund Institutional Premium Class (FFIKX) is 2.91%, while Fidelity Dividend ETF for Rising Rates (FDRR) has a volatility of 3.35%. This indicates that FFIKX experiences smaller price fluctuations and is considered to be less risky than FDRR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.91%
3.35%
FFIKX
FDRR