FFIKX vs. SWYOX
Compare and contrast key facts about Fidelity Freedom Index 2065 Fund Institutional Premium Class (FFIKX) and Schwab Target 2065 Index Fund (SWYOX).
FFIKX is managed by Fidelity. It was launched on Jun 28, 2019. SWYOX is managed by Charles Schwab. It was launched on Feb 24, 2021.
Performance
FFIKX vs. SWYOX - Performance Comparison
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FFIKX vs. SWYOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FFIKX Fidelity Freedom Index 2065 Fund Institutional Premium Class | -4.24% | 21.48% | 14.23% | 19.88% | -18.16% | 14.46% |
SWYOX Schwab Target 2065 Index Fund | -3.97% | 20.48% | 14.95% | 21.61% | -17.90% | 16.04% |
Returns By Period
In the year-to-date period, FFIKX achieves a -4.24% return, which is significantly lower than SWYOX's -3.97% return.
FFIKX
- 1D
- -0.18%
- 1M
- -8.58%
- YTD
- -4.24%
- 6M
- -1.32%
- 1Y
- 16.57%
- 3Y*
- 14.21%
- 5Y*
- 7.76%
- 10Y*
- —
SWYOX
- 1D
- -0.28%
- 1M
- -8.53%
- YTD
- -3.97%
- 6M
- -1.17%
- 1Y
- 16.64%
- 3Y*
- 14.89%
- 5Y*
- 8.38%
- 10Y*
- —
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FFIKX vs. SWYOX - Expense Ratio Comparison
FFIKX has a 0.08% expense ratio, which is higher than SWYOX's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
FFIKX vs. SWYOX — Risk / Return Rank
FFIKX
SWYOX
FFIKX vs. SWYOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2065 Fund Institutional Premium Class (FFIKX) and Schwab Target 2065 Index Fund (SWYOX). 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 | SWYOX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.09 | 1.03 | +0.06 |
Sortino ratioReturn per unit of downside risk | 1.59 | 1.53 | +0.07 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.23 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.38 | 1.29 | +0.09 |
Martin ratioReturn relative to average drawdown | 6.34 | 6.19 | +0.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FFIKX | SWYOX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.09 | 1.03 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.54 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.58 | +0.02 |
Correlation
The correlation between FFIKX and SWYOX is 0.98, 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.
Dividends
FFIKX vs. SWYOX - Dividend Comparison
FFIKX's dividend yield for the trailing twelve months is around 2.02%, more than SWYOX's 1.95% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FFIKX Fidelity Freedom Index 2065 Fund Institutional Premium Class | 2.02% | 1.93% | 1.92% | 1.91% | 2.01% | 1.80% | 1.81% | 2.05% |
SWYOX Schwab Target 2065 Index Fund | 1.95% | 1.87% | 1.76% | 1.82% | 1.80% | 1.24% | 0.00% | 0.00% |
Drawdowns
FFIKX vs. SWYOX - Drawdown Comparison
The maximum FFIKX drawdown since its inception was -30.68%, which is greater than SWYOX's maximum drawdown of -26.02%. Use the drawdown chart below to compare losses from any high point for FFIKX and SWYOX.
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Drawdown Indicators
| FFIKX | SWYOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.68% | -26.02% | -4.66% |
Max Drawdown (1Y)Largest decline over 1 year | -10.77% | -11.64% | +0.87% |
Max Drawdown (5Y)Largest decline over 5 years | -26.22% | -26.02% | -0.20% |
Current DrawdownCurrent decline from peak | -9.08% | -9.13% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -5.58% | -5.88% | +0.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.34% | 2.43% | -0.09% |
Volatility
FFIKX vs. SWYOX - Volatility Comparison
Fidelity Freedom Index 2065 Fund Institutional Premium Class (FFIKX) and Schwab Target 2065 Index Fund (SWYOX) have volatilities of 5.06% and 5.01%, 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.
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Volatility by Period
| FFIKX | SWYOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.06% | 5.01% | +0.05% |
Volatility (6M)Calculated over the trailing 6-month period | 8.81% | 9.01% | -0.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.21% | 16.38% | -1.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.28% | 15.47% | -1.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.86% | 15.45% | +1.41% |