FGTKX vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Freedom 2030 Fund Class K6 (FGTKX) and S&P 500 Index (^GSPC).

FGTKX is managed by Fidelity. It was launched on Oct 17, 1996.

Performance

FGTKX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2030 Fund Class K6 (FGTKX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

FGTKX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FGTKX Fidelity Freedom 2030 Fund Class K6	-0.10%	17.95%	12.72%	15.72%	-16.78%	11.76%	15.91%	22.06%	-6.81%	8.60%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	9.91%

Returns By Period

In the year-to-date period, FGTKX achieves a -0.10% return, which is significantly higher than ^GSPC's -3.95% return.

FGTKX

• 1D: 1.94%
• 1M: -4.24%
• YTD: -0.10%
• 6M: 2.28%
• 1Y: 15.90%
• 3Y*: 13.19%
• 5Y*: 6.47%
• 10Y*: —

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FGTKX vs. ^GSPC — Risk / Return Rank

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

FGTKX

FGTKX Risk / Return Rank: 80
FGTKX Sharpe Ratio Rank: 80
FGTKX Sortino Ratio Rank: 81
FGTKX Omega Ratio Rank: 80
FGTKX Calmar Ratio Rank: 79
FGTKX Martin Ratio Rank: 82

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FGTKX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2030 Fund Class K6 (FGTKX) and S&P 500 Index (^GSPC). 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.

	FGTKX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.52	0.92	+0.60
Sortino ratio Return per unit of downside risk	2.15	1.41	+0.74
Omega ratio Gain probability vs. loss probability	1.32	1.21	+0.11
Calmar ratio Return relative to maximum drawdown	1.97	1.41	+0.56
Martin ratio Return relative to average drawdown	8.56	6.61	+1.95
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FGTKX vs. ^GSPC - Sharpe Ratio Comparison

The current FGTKX Sharpe Ratio is 1.52, which is higher than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of FGTKX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FGTKX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.52	0.92	+0.60
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	0.61	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.68	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.46	+0.27

Correlation

The correlation between FGTKX and ^GSPC is 0.90, 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.

Drawdowns

FGTKX vs. ^GSPC - Drawdown Comparison

The maximum FGTKX drawdown since its inception was -24.66%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FGTKX and ^GSPC.

Drawdown Indicators

	FGTKX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-24.66%	-56.78%	+32.12%
Max Drawdown (1Y) Largest decline over 1 year	-7.86%	-12.14%	+4.28%
Max Drawdown (5Y) Largest decline over 5 years	-24.18%	-25.43%	+1.25%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.92%	—
Current Drawdown Current decline from peak	-5.00%	-5.78%	+0.78%
Average Drawdown Average peak-to-trough decline	-4.88%	-10.75%	+5.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.81%	2.60%	-0.79%

Volatility

FGTKX vs. ^GSPC - Volatility Comparison

The current volatility for Fidelity Freedom 2030 Fund Class K6 (FGTKX) is 4.56%, while S&P 500 Index (^GSPC) has a volatility of 5.37%. This indicates that FGTKX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGTKX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.56%	5.37%	-0.81%
Volatility (6M) Calculated over the trailing 6-month period	6.66%	9.55%	-2.89%
Volatility (1Y) Calculated over the trailing 1-year period	10.85%	18.33%	-7.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.75%	16.90%	-6.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.73%	18.05%	-6.32%