FHANX vs. FDKLX
FHANX (Fidelity Freedom Blend 2060 Fund) and FDKLX (Fidelity Freedom Index 2060 Fund Investor Class) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FHANX returned 10.74%/yr vs 9.28%/yr for FDKLX. With a 0.99 correlation, they move nearly in lockstep. FHANX charges 0.49%/yr vs 0.12%/yr for FDKLX.
Performance
FHANX vs. FDKLX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FHANX achieves a 14.38% return, which is significantly higher than FDKLX's 9.84% return.
FHANX
- 1D
- -0.17%
- 1M
- 3.01%
- YTD
- 14.38%
- 6M
- 13.86%
- 1Y
- 30.47%
- 3Y*
- 21.22%
- 5Y*
- 10.74%
- 10Y*
- —
FDKLX
- 1D
- -1.86%
- 1M
- -0.08%
- YTD
- 9.84%
- 6M
- 9.02%
- 1Y
- 23.03%
- 3Y*
- 18.26%
- 5Y*
- 9.28%
- 10Y*
- 12.01%
FHANX vs. FDKLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FHANX Fidelity Freedom Blend 2060 Fund | 14.38% | 22.68% | 16.50% | 20.52% | -19.09% | 16.27% | 17.81% | 26.33% | -14.80% |
FDKLX Fidelity Freedom Index 2060 Fund Investor Class | 9.84% | 21.38% | 14.16% | 19.91% | -18.18% | 15.88% | 16.38% | 26.06% | -11.89% |
Correlation
The correlation between FHANX and FDKLX is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.99 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.98 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.99 |
Correlation (All Time) Calculated using the full available price history since Aug 31, 2018 | 0.99 |
The correlation between FHANX and FDKLX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FHANX vs. FDKLX — Risk / Return Rank
FHANX
FDKLX
FHANX vs. FDKLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2060 Fund (FHANX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FHANX | FDKLX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.36 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.25 | 2.70 | +0.55 |
| Martin ratioReturn relative to average drawdown | 14.10 | 11.63 | +2.47 |
Loading charts...
Drawdowns
FHANX vs. FDKLX - Drawdown Comparison
The maximum FHANX drawdown since its inception was -31.31%, roughly equal to the maximum FDKLX drawdown of -30.73%. Use the drawdown chart below to compare losses from any high point for FHANX and FDKLX.
Loading charts...
Drawdown Indicators
| FHANX | FDKLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.31% | -30.73% | -0.58% |
Max Drawdown (1Y)Largest decline over 1 year | -9.68% | -9.11% | -0.57% |
Max Drawdown (3Y)Largest decline over 3 years | -15.59% | -14.73% | -0.86% |
Max Drawdown (5Y)Largest decline over 5 years | -27.83% | -26.19% | -1.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.73% | — |
Current DrawdownCurrent decline from peak | -0.17% | -2.51% | +2.34% |
Average DrawdownAverage peak-to-trough decline | -6.06% | -4.55% | -1.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.23% | 2.11% | +0.12% |
Volatility
FHANX vs. FDKLX - Volatility Comparison
Fidelity Freedom Blend 2060 Fund (FHANX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) have volatilities of 5.72% and 5.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FHANX | FDKLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.72% | 5.45% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 11.60% | 10.60% | +1.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.68% | 12.62% | +1.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.30% | 14.55% | +0.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.97% | 15.17% | +1.80% |
FHANX vs. FDKLX - Expense Ratio Comparison
FHANX has a 0.49% expense ratio, which is higher than FDKLX's 0.12% expense ratio.
Dividends
FHANX vs. FDKLX - Dividend Comparison
FHANX's dividend yield for the trailing twelve months is around 3.22%, more than FDKLX's 1.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDKLX Fidelity Freedom Index 2060 Fund Investor Class | 1.73% | 1.95% | 1.94% | 1.89% | 1.99% | 1.86% | 1.79% | 6.74% | 2.33% | 2.12% | 2.41% | 1.82% |
FHANX Fidelity Freedom Blend 2060 Fund | 3.22% | 2.41% | 5.23% | 1.94% | 5.86% | 8.01% | 4.12% | 2.90% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.99, FHANX and FDKLX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FHANX has higher volatility (5.72%) compared to FDKLX (5.45%). In terms of maximum drawdown, FHANX dropped -31.31% vs FDKLX's -30.73%.
FHANX currently has the higher Sharpe Ratio (2.31 vs 1.95), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FHANX and FDKLX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer