FHANX vs. FDKLX
Compare and contrast key facts about Fidelity Freedom Blend 2060 Fund (FHANX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX).
FHANX is managed by Fidelity. It was launched on Aug 31, 2018. FDKLX is managed by Fidelity. It was launched on Aug 5, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHANX or FDKLX.
Correlation
The correlation between FHANX and FDKLX 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.
Performance
FHANX vs. FDKLX - Performance Comparison
Key characteristics
FHANX:
1.36
FDKLX:
1.51
FHANX:
1.89
FDKLX:
2.07
FHANX:
1.25
FDKLX:
1.27
FHANX:
1.18
FDKLX:
2.33
FHANX:
8.17
FDKLX:
9.27
FHANX:
1.89%
FDKLX:
1.74%
FHANX:
11.40%
FDKLX:
10.73%
FHANX:
-32.40%
FDKLX:
-32.25%
FHANX:
-3.52%
FDKLX:
-3.07%
Returns By Period
The year-to-date returns for both investments are quite close, with FHANX having a 14.62% return and FDKLX slightly higher at 15.19%.
FHANX
14.62%
-1.35%
4.61%
15.35%
6.03%
N/A
FDKLX
15.19%
-0.85%
5.56%
16.00%
7.61%
7.90%
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FHANX vs. FDKLX - Expense Ratio Comparison
FHANX has a 0.49% expense ratio, which is higher than FDKLX's 0.12% expense ratio.
Risk-Adjusted Performance
FHANX vs. FDKLX - Risk-Adjusted Performance 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.
Dividends
FHANX vs. FDKLX - Dividend Comparison
FHANX's dividend yield for the trailing twelve months is around 1.40%, less than FDKLX's 1.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FHANX Fidelity Freedom Blend 2060 Fund | 1.40% | 1.60% | 2.29% | 2.35% | 1.14% | 1.55% | 1.77% | 0.00% | 0.00% | 0.00% | 0.00% |
FDKLX Fidelity Freedom Index 2060 Fund Investor Class | 1.68% | 1.89% | 1.91% | 1.51% | 1.33% | 1.59% | 2.11% | 1.65% | 2.11% | 1.79% | 1.56% |
Drawdowns
FHANX vs. FDKLX - Drawdown Comparison
The maximum FHANX drawdown since its inception was -32.40%, roughly equal to the maximum FDKLX drawdown of -32.25%. Use the drawdown chart below to compare losses from any high point for FHANX and FDKLX. For additional features, visit the drawdowns tool.
Volatility
FHANX vs. FDKLX - Volatility Comparison
Fidelity Freedom Blend 2060 Fund (FHANX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) have volatilities of 3.41% and 3.25%, 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.