FGTKX vs. FXAIX
Compare and contrast key facts about Fidelity Freedom 2030 Fund Class K6 (FGTKX) and Fidelity 500 Index Fund (FXAIX).
FGTKX is managed by Fidelity. It was launched on Oct 17, 1996. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGTKX or FXAIX.
Correlation
The correlation between FGTKX and FXAIX is 0.89, 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
FGTKX vs. FXAIX - Performance Comparison
Key characteristics
FGTKX:
0.64
FXAIX:
0.53
FGTKX:
0.98
FXAIX:
0.87
FGTKX:
1.13
FXAIX:
1.13
FGTKX:
0.53
FXAIX:
0.55
FGTKX:
3.00
FXAIX:
2.29
FGTKX:
2.42%
FXAIX:
4.55%
FGTKX:
11.34%
FXAIX:
19.55%
FGTKX:
-31.29%
FXAIX:
-33.79%
FGTKX:
-6.79%
FXAIX:
-9.89%
Returns By Period
In the year-to-date period, FGTKX achieves a 1.15% return, which is significantly higher than FXAIX's -5.72% return.
FGTKX
1.15%
-1.01%
-0.81%
7.90%
4.65%
N/A
FXAIX
-5.72%
-2.90%
-4.27%
9.76%
15.73%
11.95%
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. FXAIX - Expense Ratio Comparison
FGTKX has a 0.46% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FGTKX vs. FXAIX — Risk-Adjusted Performance Rank
FGTKX
FXAIX
FGTKX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2030 Fund Class K6 (FGTKX) and Fidelity 500 Index Fund (FXAIX). 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.
Dividends
FGTKX vs. FXAIX - Dividend Comparison
FGTKX's dividend yield for the trailing twelve months is around 2.51%, more than FXAIX's 1.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGTKX Fidelity Freedom 2030 Fund Class K6 | 2.51% | 2.54% | 2.14% | 2.85% | 2.60% | 1.30% | 1.92% | 2.11% | 1.33% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.35% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
FGTKX vs. FXAIX - Drawdown Comparison
The maximum FGTKX drawdown since its inception was -31.29%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FGTKX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FGTKX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Freedom 2030 Fund Class K6 (FGTKX) is 7.60%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 14.39%. This indicates that FGTKX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.