FGTKX vs. FCNTX
Compare and contrast key facts about Fidelity Freedom 2030 Fund Class K6 (FGTKX) and Fidelity Contrafund Fund (FCNTX).
FGTKX is managed by Fidelity. It was launched on Oct 17, 1996. FCNTX is managed by Fidelity. It was launched on May 17, 1967.
Performance
FGTKX vs. FCNTX - Performance Comparison
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FGTKX vs. FCNTX - 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% |
FCNTX Fidelity Contrafund Fund | -5.35% | 21.76% | 36.00% | 38.67% | -28.31% | 24.52% | 32.48% | 30.00% | -3.81% | 12.94% |
Returns By Period
In the year-to-date period, FGTKX achieves a -0.10% return, which is significantly higher than FCNTX's -5.35% return.
FGTKX
- 1D
- 1.94%
- 1M
- -4.24%
- YTD
- -0.10%
- 6M
- 2.28%
- 1Y
- 15.90%
- 3Y*
- 13.19%
- 5Y*
- 6.47%
- 10Y*
- —
FCNTX
- 1D
- 3.52%
- 1M
- -5.86%
- YTD
- -5.35%
- 6M
- -2.60%
- 1Y
- 19.23%
- 3Y*
- 24.91%
- 5Y*
- 13.21%
- 10Y*
- 16.03%
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FGTKX vs. FCNTX - Expense Ratio Comparison
FGTKX has a 0.46% expense ratio, which is higher than FCNTX's 0.39% expense ratio.
Return for Risk
FGTKX vs. FCNTX — Risk / Return Rank
FGTKX
FCNTX
FGTKX vs. FCNTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2030 Fund Class K6 (FGTKX) and Fidelity Contrafund Fund (FCNTX). 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 | FCNTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.52 | 1.01 | +0.51 |
Sortino ratioReturn per unit of downside risk | 2.15 | 1.56 | +0.59 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.22 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.97 | 1.79 | +0.18 |
Martin ratioReturn relative to average drawdown | 8.56 | 6.87 | +1.69 |
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
| FGTKX | FCNTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.52 | 1.01 | +0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.69 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.76 | -0.03 |
Correlation
The correlation between FGTKX and FCNTX is 0.84, 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
FGTKX vs. FCNTX - Dividend Comparison
FGTKX's dividend yield for the trailing twelve months is around 5.76%, more than FCNTX's 4.93% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGTKX Fidelity Freedom 2030 Fund Class K6 | 5.76% | 5.75% | 6.28% | 2.18% | 10.38% | 11.19% | 6.49% | 7.08% | 7.77% | 3.24% | 0.00% | 0.00% |
FCNTX Fidelity Contrafund Fund | 4.93% | 5.21% | 4.19% | 3.78% | 11.87% | 10.80% | 8.01% | 4.16% | 7.46% | 6.08% | 3.81% | 5.33% |
Drawdowns
FGTKX vs. FCNTX - Drawdown Comparison
The maximum FGTKX drawdown since its inception was -24.66%, smaller than the maximum FCNTX drawdown of -49.19%. Use the drawdown chart below to compare losses from any high point for FGTKX and FCNTX.
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Drawdown Indicators
| FGTKX | FCNTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.66% | -49.19% | +24.53% |
Max Drawdown (1Y)Largest decline over 1 year | -7.86% | -11.30% | +3.44% |
Max Drawdown (5Y)Largest decline over 5 years | -24.18% | -32.59% | +8.41% |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.59% | — |
Current DrawdownCurrent decline from peak | -5.00% | -8.18% | +3.18% |
Average DrawdownAverage peak-to-trough decline | -4.88% | -8.18% | +3.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 2.95% | -1.14% |
Volatility
FGTKX vs. FCNTX - Volatility Comparison
The current volatility for Fidelity Freedom 2030 Fund Class K6 (FGTKX) is 4.56%, while Fidelity Contrafund Fund (FCNTX) has a volatility of 6.51%. This indicates that FGTKX experiences smaller price fluctuations and is considered to be less risky than FCNTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGTKX | FCNTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | 6.51% | -1.95% |
Volatility (6M)Calculated over the trailing 6-month period | 6.66% | 11.12% | -4.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.85% | 19.95% | -9.10% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.75% | 19.19% | -8.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.73% | 19.64% | -7.91% |