FFSDX vs. FCNKX
Compare and contrast key facts about Fidelity Freedom 2065 Fund Class K (FFSDX) and Fidelity Contrafund Fund (FCNKX).
FFSDX is managed by Fidelity. It was launched on Jun 28, 2019. FCNKX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFSDX or FCNKX.
Key characteristics
| FFSDX | FCNKX | |
|---|---|---|
| YTD Return | 17.82% | 37.57% |
| 1Y Return | 29.70% | 43.76% |
| 3Y Return (Ann) | 0.97% | 3.13% |
| 5Y Return (Ann) | 7.75% | 11.16% |
| Sharpe Ratio | 2.58 | 2.83 |
| Sortino Ratio | 3.59 | 3.76 |
| Omega Ratio | 1.47 | 1.52 |
| Calmar Ratio | 1.41 | 1.77 |
| Martin Ratio | 16.62 | 17.58 |
| Ulcer Index | 1.79% | 2.51% |
| Daily Std Dev | 11.50% | 15.59% |
| Max Drawdown | -33.16% | -46.44% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FFSDX and FCNKX is 0.85, 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
FFSDX vs. FCNKX - Performance Comparison
In the year-to-date period, FFSDX achieves a 17.82% return, which is significantly lower than FCNKX's 37.57% return. 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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FFSDX vs. FCNKX - Expense Ratio Comparison
FFSDX has a 0.65% expense ratio, which is lower than FCNKX's 0.74% expense ratio.
Risk-Adjusted Performance
FFSDX vs. FCNKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2065 Fund Class K (FFSDX) and Fidelity Contrafund Fund (FCNKX). 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
FFSDX vs. FCNKX - Dividend Comparison
FFSDX's dividend yield for the trailing twelve months is around 1.18%, more than FCNKX's 0.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFSDX Fidelity Freedom 2065 Fund Class K | 1.18% | 1.39% | 2.06% | 2.17% | 1.06% | 1.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FCNKX Fidelity Contrafund Fund | 0.46% | 0.54% | 2.50% | 0.00% | 0.00% | 0.00% | 0.00% | 0.18% | 0.40% | 0.41% | 7.77% | 8.11% |
Drawdowns
FFSDX vs. FCNKX - Drawdown Comparison
The maximum FFSDX drawdown since its inception was -33.16%, smaller than the maximum FCNKX drawdown of -46.44%. Use the drawdown chart below to compare losses from any high point for FFSDX and FCNKX. For additional features, visit the drawdowns tool.
Volatility
FFSDX vs. FCNKX - Volatility Comparison
The current volatility for Fidelity Freedom 2065 Fund Class K (FFSDX) is 3.20%, while Fidelity Contrafund Fund (FCNKX) has a volatility of 4.62%. This indicates that FFSDX experiences smaller price fluctuations and is considered to be less risky than FCNKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.