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FFSZX vs. FHTKX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FFSZX and FHTKX is 0.91, 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

FFSZX vs. FHTKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2065 Fund Class K6 (FFSZX) and Fidelity Freedom 2040 Fund Class K6 (FHTKX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FFSZX:

0.47

FHTKX:

0.43

Sortino Ratio

FFSZX:

0.80

FHTKX:

0.73

Omega Ratio

FFSZX:

1.11

FHTKX:

1.10

Calmar Ratio

FFSZX:

0.53

FHTKX:

0.47

Martin Ratio

FFSZX:

2.24

FHTKX:

2.05

Ulcer Index

FFSZX:

3.67%

FHTKX:

3.41%

Daily Std Dev

FFSZX:

16.76%

FHTKX:

15.52%

Max Drawdown

FFSZX:

-33.08%

FHTKX:

-35.56%

Current Drawdown

FFSZX:

-1.42%

FHTKX:

-2.92%

Returns By Period

In the year-to-date period, FFSZX achieves a 4.60% return, which is significantly higher than FHTKX's 3.65% return.


FFSZX

YTD

4.60%

1M

8.79%

6M

2.38%

1Y

7.87%

3Y*

11.19%

5Y*

9.81%

10Y*

N/A

FHTKX

YTD

3.65%

1M

7.19%

6M

1.43%

1Y

6.69%

3Y*

10.25%

5Y*

7.58%

10Y*

N/A

*Annualized

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FFSZX vs. FHTKX - Expense Ratio Comparison

Both FFSZX and FHTKX have an expense ratio of 0.50%.


Risk-Adjusted Performance

FFSZX vs. FHTKX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FFSZX
The Risk-Adjusted Performance Rank of FFSZX is 5555
Overall Rank
The Sharpe Ratio Rank of FFSZX is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of FFSZX is 5151
Sortino Ratio Rank
The Omega Ratio Rank of FFSZX is 5050
Omega Ratio Rank
The Calmar Ratio Rank of FFSZX is 6363
Calmar Ratio Rank
The Martin Ratio Rank of FFSZX is 6262
Martin Ratio Rank

FHTKX
The Risk-Adjusted Performance Rank of FHTKX is 5151
Overall Rank
The Sharpe Ratio Rank of FHTKX is 4545
Sharpe Ratio Rank
The Sortino Ratio Rank of FHTKX is 4747
Sortino Ratio Rank
The Omega Ratio Rank of FHTKX is 4646
Omega Ratio Rank
The Calmar Ratio Rank of FHTKX is 5959
Calmar Ratio Rank
The Martin Ratio Rank of FHTKX is 5959
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FFSZX vs. FHTKX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2065 Fund Class K6 (FFSZX) and Fidelity Freedom 2040 Fund Class K6 (FHTKX). 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.


The current FFSZX Sharpe Ratio is 0.47, which is comparable to the FHTKX Sharpe Ratio of 0.43. The chart below compares the historical Sharpe Ratios of FFSZX and FHTKX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FFSZX vs. FHTKX - Dividend Comparison

FFSZX's dividend yield for the trailing twelve months is around 1.59%, less than FHTKX's 5.14% yield.


TTM20242023202220212020201920182017
FFSZX
Fidelity Freedom 2065 Fund Class K6
1.59%1.67%1.50%2.19%2.30%1.13%1.24%0.00%0.00%
FHTKX
Fidelity Freedom 2040 Fund Class K6
5.14%3.03%2.00%12.68%12.37%5.93%7.00%8.48%3.12%

Drawdowns

FFSZX vs. FHTKX - Drawdown Comparison

The maximum FFSZX drawdown since its inception was -33.08%, smaller than the maximum FHTKX drawdown of -35.56%. Use the drawdown chart below to compare losses from any high point for FFSZX and FHTKX. For additional features, visit the drawdowns tool.


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Volatility

FFSZX vs. FHTKX - Volatility Comparison

Fidelity Freedom 2065 Fund Class K6 (FFSZX) and Fidelity Freedom 2040 Fund Class K6 (FHTKX) have volatilities of 4.09% and 4.22%, 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.


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