FGTKX vs. RLBGX
Compare and contrast key facts about Fidelity Freedom 2030 Fund Class K6 (FGTKX) and American Funds American Balanced Fund Class R-6 (RLBGX).
FGTKX is managed by Fidelity. It was launched on Oct 17, 1996. RLBGX is managed by American Funds. It was launched on Jul 26, 1975.
Performance
FGTKX vs. RLBGX - Performance Comparison
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FGTKX vs. RLBGX - 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% |
RLBGX American Funds American Balanced Fund Class R-6 | -1.07% | 18.83% | 15.35% | 13.92% | -11.85% | 16.10% | 11.20% | 18.95% | -3.07% | 7.11% |
Returns By Period
In the year-to-date period, FGTKX achieves a -0.10% return, which is significantly higher than RLBGX's -1.07% return.
FGTKX
- 1D
- 1.94%
- 1M
- -4.24%
- YTD
- -0.10%
- 6M
- 2.28%
- 1Y
- 15.90%
- 3Y*
- 13.19%
- 5Y*
- 6.47%
- 10Y*
- —
RLBGX
- 1D
- 1.76%
- 1M
- -4.85%
- YTD
- -1.07%
- 6M
- 2.20%
- 1Y
- 17.26%
- 3Y*
- 14.51%
- 5Y*
- 8.58%
- 10Y*
- 9.52%
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FGTKX vs. RLBGX - Expense Ratio Comparison
FGTKX has a 0.46% expense ratio, which is higher than RLBGX's 0.25% expense ratio.
Return for Risk
FGTKX vs. RLBGX — Risk / Return Rank
FGTKX
RLBGX
FGTKX vs. RLBGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2030 Fund Class K6 (FGTKX) and American Funds American Balanced Fund Class R-6 (RLBGX). 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 | RLBGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.52 | 1.59 | -0.07 |
Sortino ratioReturn per unit of downside risk | 2.15 | 2.33 | -0.18 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.33 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.97 | 2.48 | -0.50 |
Martin ratioReturn relative to average drawdown | 8.56 | 10.39 | -1.83 |
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 | RLBGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.52 | 1.59 | -0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.83 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.92 | -0.20 |
Correlation
The correlation between FGTKX and RLBGX is 0.93, 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. RLBGX - Dividend Comparison
FGTKX's dividend yield for the trailing twelve months is around 5.76%, less than RLBGX's 8.69% 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% |
RLBGX American Funds American Balanced Fund Class R-6 | 8.69% | 8.56% | 7.50% | 2.27% | 2.63% | 4.59% | 4.65% | 3.78% | 5.81% | 4.92% | 4.54% | 5.91% |
Drawdowns
FGTKX vs. RLBGX - Drawdown Comparison
The maximum FGTKX drawdown since its inception was -24.66%, which is greater than RLBGX's maximum drawdown of -22.33%. Use the drawdown chart below to compare losses from any high point for FGTKX and RLBGX.
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Drawdown Indicators
| FGTKX | RLBGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.66% | -22.33% | -2.33% |
Max Drawdown (1Y)Largest decline over 1 year | -7.86% | -7.33% | -0.53% |
Max Drawdown (5Y)Largest decline over 5 years | -24.18% | -18.59% | -5.59% |
Max Drawdown (10Y)Largest decline over 10 years | — | -22.33% | — |
Current DrawdownCurrent decline from peak | -5.00% | -5.34% | +0.34% |
Average DrawdownAverage peak-to-trough decline | -4.88% | -2.48% | -2.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 1.75% | +0.06% |
Volatility
FGTKX vs. RLBGX - Volatility Comparison
Fidelity Freedom 2030 Fund Class K6 (FGTKX) has a higher volatility of 4.56% compared to American Funds American Balanced Fund Class R-6 (RLBGX) at 3.86%. This indicates that FGTKX's price experiences larger fluctuations and is considered to be riskier than RLBGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGTKX | RLBGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.56% | 3.86% | +0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 6.66% | 6.95% | -0.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.85% | 11.19% | -0.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.75% | 10.45% | +0.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.73% | 10.63% | +1.10% |