FFIKX vs. FFLDX
Compare and contrast key facts about Fidelity Freedom Index 2065 Fund Institutional Premium Class (FFIKX) and Fidelity Freedom Index 2055 Fund (FFLDX).
FFIKX is managed by Fidelity. It was launched on Jun 28, 2019. FFLDX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFIKX or FFLDX.
Key characteristics
| FFIKX | FFLDX | |
|---|---|---|
| YTD Return | 16.33% | 16.30% |
| 1Y Return | 27.38% | 27.43% |
| 3Y Return (Ann) | 4.25% | 4.67% |
| 5Y Return (Ann) | 9.68% | 10.18% |
| Sharpe Ratio | 2.55 | 2.58 |
| Sortino Ratio | 3.53 | 3.63 |
| Omega Ratio | 1.47 | 1.48 |
| Calmar Ratio | 2.42 | 2.67 |
| Martin Ratio | 16.64 | 16.99 |
| Ulcer Index | 1.65% | 1.61% |
| Daily Std Dev | 10.76% | 10.63% |
| Max Drawdown | -30.69% | -30.72% |
| Current Drawdown | -0.98% | -0.98% |
Correlation
The correlation between FFIKX and FFLDX is 0.99, 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. FFLDX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FFIKX having a 16.33% return and FFLDX slightly lower at 16.30%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FFIKX vs. FFLDX - Expense Ratio Comparison
Both FFIKX and FFLDX have an expense ratio of 0.08%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
FFIKX vs. FFLDX - 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 Freedom Index 2055 Fund (FFLDX). 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
FFIKX vs. FFLDX - Dividend Comparison
FFIKX's dividend yield for the trailing twelve months is around 1.64%, less than FFLDX's 1.72% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFIKX Fidelity Freedom Index 2065 Fund Institutional Premium Class | 1.64% | 1.91% | 1.94% | 1.52% | 1.23% | 1.82% | 0.00% | 0.00% | 0.00% | 0.00% |
FFLDX Fidelity Freedom Index 2055 Fund | 1.72% | 1.96% | 1.98% | 1.61% | 1.39% | 1.71% | 2.20% | 1.73% | 2.26% | 2.30% |
Drawdowns
FFIKX vs. FFLDX - Drawdown Comparison
The maximum FFIKX drawdown since its inception was -30.69%, roughly equal to the maximum FFLDX drawdown of -30.72%. Use the drawdown chart below to compare losses from any high point for FFIKX and FFLDX. For additional features, visit the drawdowns tool.
Volatility
FFIKX vs. FFLDX - Volatility Comparison
Fidelity Freedom Index 2065 Fund Institutional Premium Class (FFIKX) and Fidelity Freedom Index 2055 Fund (FFLDX) have volatilities of 2.98% and 3.01%, 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.