Correlation
The correlation between FGTKX and FAGIX is 0.80, 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.
FGTKX vs. FAGIX
Compare and contrast key facts about Fidelity Freedom 2030 Fund Class K6 (FGTKX) and Fidelity Capital & Income Fund (FAGIX).
FGTKX is managed by Fidelity. It was launched on Oct 17, 1996. FAGIX is managed by Fidelity. It was launched on Nov 1, 1977.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGTKX or FAGIX.
Performance
FGTKX vs. FAGIX - Performance Comparison
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Key characteristics
FGTKX:
0.88
FAGIX:
1.09
FGTKX:
1.38
FAGIX:
1.53
FGTKX:
1.19
FAGIX:
1.22
FGTKX:
1.05
FAGIX:
1.06
FGTKX:
4.48
FAGIX:
4.02
FGTKX:
2.35%
FAGIX:
1.92%
FGTKX:
11.26%
FAGIX:
7.05%
FGTKX:
-24.66%
FAGIX:
-37.80%
FGTKX:
0.00%
FAGIX:
-0.55%
Returns By Period
In the year-to-date period, FGTKX achieves a 5.65% return, which is significantly higher than FAGIX's 1.90% return.
FGTKX
5.65%
2.60%
2.45%
9.87%
8.09%
8.27%
N/A
FAGIX
1.90%
1.70%
0.34%
7.72%
7.41%
8.08%
6.33%
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FGTKX vs. FAGIX - Expense Ratio Comparison
FGTKX has a 0.46% expense ratio, which is lower than FAGIX's 0.67% expense ratio.
Risk-Adjusted Performance
FGTKX vs. FAGIX — Risk-Adjusted Performance Rank
FGTKX
FAGIX
FGTKX vs. FAGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2030 Fund Class K6 (FGTKX) and Fidelity Capital & Income Fund (FAGIX). 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.
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Dividends
FGTKX vs. FAGIX - Dividend Comparison
FGTKX's dividend yield for the trailing twelve months is around 5.03%, more than FAGIX's 4.50% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGTKX Fidelity Freedom 2030 Fund Class K6 | 5.03% | 3.41% | 2.18% | 10.38% | 11.19% | 6.49% | 7.08% | 7.77% | 3.24% | 0.00% | 0.00% | 0.00% |
FAGIX Fidelity Capital & Income Fund | 4.50% | 5.03% | 5.29% | 11.38% | 6.56% | 4.88% | 5.00% | 7.39% | 5.05% | 4.12% | 5.01% | 8.08% |
Drawdowns
FGTKX vs. FAGIX - Drawdown Comparison
The maximum FGTKX drawdown since its inception was -24.66%, smaller than the maximum FAGIX drawdown of -37.80%. Use the drawdown chart below to compare losses from any high point for FGTKX and FAGIX.
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Volatility
FGTKX vs. FAGIX - Volatility Comparison
Fidelity Freedom 2030 Fund Class K6 (FGTKX) has a higher volatility of 2.33% compared to Fidelity Capital & Income Fund (FAGIX) at 1.82%. This indicates that FGTKX's price experiences larger fluctuations and is considered to be riskier than FAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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