PortfoliosLab logoPortfoliosLab logo
FGTKX vs. FHTKX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FGTKX vs. FHTKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2030 Fund Class K6 (FGTKX) and Fidelity Freedom 2040 Fund Class K6 (FHTKX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

FGTKX vs. FHTKX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FGTKX
Fidelity Freedom 2030 Fund Class K6
-2.01%17.95%12.72%15.72%-16.78%11.76%15.91%22.06%-6.81%8.60%
FHTKX
Fidelity Freedom 2040 Fund Class K6
-2.85%22.35%16.63%20.25%-18.08%16.80%18.62%25.70%-8.72%9.80%

Returns By Period

In the year-to-date period, FGTKX achieves a -2.01% return, which is significantly higher than FHTKX's -2.85% return.


FGTKX

1D
0.05%
1M
-6.58%
YTD
-2.01%
6M
0.58%
1Y
14.14%
3Y*
12.47%
5Y*
6.28%
10Y*

FHTKX

1D
-0.23%
1M
-8.23%
YTD
-2.85%
6M
0.51%
1Y
18.44%
3Y*
15.92%
5Y*
8.57%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FGTKX vs. FHTKX - Expense Ratio Comparison

FGTKX has a 0.46% expense ratio, which is lower than FHTKX's 0.50% expense ratio.


Return for Risk

FGTKX vs. FHTKX — Risk / Return Rank

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

FGTKX
FGTKX Risk / Return Rank: 7575
Overall Rank
FGTKX Sharpe Ratio Rank: 7676
Sharpe Ratio Rank
FGTKX Sortino Ratio Rank: 7676
Sortino Ratio Rank
FGTKX Omega Ratio Rank: 7575
Omega Ratio Rank
FGTKX Calmar Ratio Rank: 7373
Calmar Ratio Rank
FGTKX Martin Ratio Rank: 7676
Martin Ratio Rank

FHTKX
FHTKX Risk / Return Rank: 7373
Overall Rank
FHTKX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
FHTKX Sortino Ratio Rank: 7474
Sortino Ratio Rank
FHTKX Omega Ratio Rank: 7373
Omega Ratio Rank
FHTKX Calmar Ratio Rank: 6868
Calmar Ratio Rank
FHTKX Martin Ratio Rank: 7474
Martin Ratio Rank
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. FHTKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2030 Fund Class K6 (FGTKX) 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.


FGTKXFHTKXDifference

Sharpe ratio

Return per unit of total volatility

1.33

1.28

+0.05

Sortino ratio

Return per unit of downside risk

1.88

1.83

+0.06

Omega ratio

Gain probability vs. loss probability

1.28

1.27

+0.01

Calmar ratio

Return relative to maximum drawdown

1.67

1.54

+0.13

Martin ratio

Return relative to average drawdown

7.35

7.06

+0.29

FGTKX vs. FHTKX - Sharpe Ratio Comparison

The current FGTKX Sharpe Ratio is 1.33, which is comparable to the FHTKX Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of FGTKX 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.


Loading graphics...

Sharpe Ratios by Period


FGTKXFHTKXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.33

1.28

+0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.59

0.60

-0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.71

0.67

+0.04

Correlation

The correlation between FGTKX and FHTKX is 0.99, 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. FHTKX - Dividend Comparison

FGTKX's dividend yield for the trailing twelve months is around 5.87%, more than FHTKX's 5.43% yield.


TTM202520242023202220212020201920182017
FGTKX
Fidelity Freedom 2030 Fund Class K6
5.87%5.75%6.28%2.18%10.38%11.19%6.49%7.08%7.77%3.24%
FHTKX
Fidelity Freedom 2040 Fund Class K6
5.43%5.27%5.65%2.00%12.68%12.37%5.93%7.00%8.48%3.12%

Drawdowns

FGTKX vs. FHTKX - Drawdown Comparison

The maximum FGTKX drawdown since its inception was -24.66%, smaller than the maximum FHTKX drawdown of -30.95%. Use the drawdown chart below to compare losses from any high point for FGTKX and FHTKX.


Loading graphics...

Drawdown Indicators


FGTKXFHTKXDifference

Max Drawdown

Largest peak-to-trough decline

-24.66%

-30.95%

+6.29%

Max Drawdown (1Y)

Largest decline over 1 year

-7.86%

-10.30%

+2.44%

Max Drawdown (5Y)

Largest decline over 5 years

-24.18%

-27.05%

+2.87%

Current Drawdown

Current decline from peak

-6.81%

-8.69%

+1.88%

Average Drawdown

Average peak-to-trough decline

-4.88%

-5.53%

+0.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.79%

2.34%

-0.55%

Volatility

FGTKX vs. FHTKX - Volatility Comparison

The current volatility for Fidelity Freedom 2030 Fund Class K6 (FGTKX) is 3.98%, while Fidelity Freedom 2040 Fund Class K6 (FHTKX) has a volatility of 5.06%. This indicates that FGTKX experiences smaller price fluctuations and is considered to be less risky than FHTKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


FGTKXFHTKXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.98%

5.06%

-1.08%

Volatility (6M)

Calculated over the trailing 6-month period

6.39%

8.52%

-2.13%

Volatility (1Y)

Calculated over the trailing 1-year period

10.71%

14.44%

-3.73%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.71%

14.27%

-3.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.71%

15.56%

-3.85%