FGTKX vs. VOO
Compare and contrast key facts about Fidelity Freedom 2030 Fund Class K6 (FGTKX) and Vanguard S&P 500 ETF (VOO).
FGTKX is managed by Fidelity. It was launched on Oct 17, 1996. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGTKX or VOO.
Correlation
The correlation between FGTKX and VOO is 0.90, 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. VOO - Performance Comparison
Key characteristics
FGTKX:
0.77
VOO:
0.55
FGTKX:
1.16
VOO:
0.89
FGTKX:
1.16
VOO:
1.13
FGTKX:
0.87
VOO:
0.56
FGTKX:
3.74
VOO:
2.28
FGTKX:
2.32%
VOO:
4.60%
FGTKX:
11.29%
VOO:
19.19%
FGTKX:
-24.66%
VOO:
-33.99%
FGTKX:
-2.85%
VOO:
-9.85%
Returns By Period
In the year-to-date period, FGTKX achieves a 1.43% return, which is significantly higher than VOO's -5.69% return.
FGTKX
1.43%
0.17%
-0.13%
8.37%
8.67%
N/A
VOO
-5.69%
-0.86%
-4.52%
9.85%
15.26%
12.13%
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FGTKX vs. VOO - Expense Ratio Comparison
FGTKX has a 0.46% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FGTKX vs. VOO — Risk-Adjusted Performance Rank
FGTKX
VOO
FGTKX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2030 Fund Class K6 (FGTKX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
FGTKX's dividend yield for the trailing twelve months is around 3.36%, more than VOO's 1.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGTKX Fidelity Freedom 2030 Fund Class K6 | 3.36% | 3.41% | 2.18% | 10.38% | 11.19% | 6.49% | 7.08% | 7.77% | 3.24% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.38% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FGTKX vs. VOO - Drawdown Comparison
The maximum FGTKX drawdown since its inception was -24.66%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FGTKX and VOO. For additional features, visit the drawdowns tool.
Volatility
FGTKX vs. VOO - Volatility Comparison
The current volatility for Fidelity Freedom 2030 Fund Class K6 (FGTKX) is 7.60%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.96%. This indicates that FGTKX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.