Correlation
The correlation between FHCDX and FDKLX is 0.94, 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.
FHCDX vs. FDKLX
Compare and contrast key facts about Fidelity Freedom Blend 2060 Fund Class K6 (FHCDX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX).
FHCDX 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: FHCDX or FDKLX.
Performance
FHCDX vs. FDKLX - Performance Comparison
Loading data...
Key characteristics
FHCDX:
0.72
FDKLX:
0.83
FHCDX:
0.99
FDKLX:
1.14
FHCDX:
1.14
FDKLX:
1.16
FHCDX:
0.68
FDKLX:
0.79
FHCDX:
2.92
FDKLX:
3.51
FHCDX:
3.60%
FDKLX:
3.33%
FHCDX:
16.65%
FDKLX:
15.75%
FHCDX:
-31.29%
FDKLX:
-30.73%
FHCDX:
-0.37%
FDKLX:
-0.37%
Returns By Period
In the year-to-date period, FHCDX achieves a 5.94% return, which is significantly higher than FDKLX's 5.49% return.
FHCDX
5.94%
5.36%
2.39%
11.95%
10.87%
12.21%
N/A
FDKLX
5.49%
4.97%
2.45%
12.91%
10.67%
11.44%
8.77%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FHCDX vs. FDKLX - Expense Ratio Comparison
FHCDX has a 0.29% expense ratio, which is higher than FDKLX's 0.12% expense ratio.
Risk-Adjusted Performance
FHCDX vs. FDKLX — Risk-Adjusted Performance Rank
FHCDX
FDKLX
FHCDX vs. FDKLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend 2060 Fund Class K6 (FHCDX) 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.
Loading data...
Dividends
FHCDX vs. FDKLX - Dividend Comparison
FHCDX's dividend yield for the trailing twelve months is around 3.23%, more than FDKLX's 1.89% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FHCDX Fidelity Freedom Blend 2060 Fund Class K6 | 3.23% | 2.79% | 2.05% | 5.98% | 8.10% | 4.24% | 3.04% | 3.50% | 0.00% | 0.00% | 0.00% | 0.00% |
FDKLX Fidelity Freedom Index 2060 Fund Investor Class | 1.89% | 1.94% | 1.89% | 1.99% | 1.86% | 1.81% | 6.74% | 2.37% | 2.12% | 2.41% | 1.82% | 1.56% |
Drawdowns
FHCDX vs. FDKLX - Drawdown Comparison
The maximum FHCDX drawdown since its inception was -31.29%, roughly equal to the maximum FDKLX drawdown of -30.73%. Use the drawdown chart below to compare losses from any high point for FHCDX and FDKLX.
Loading data...
Volatility
FHCDX vs. FDKLX - Volatility Comparison
Fidelity Freedom Blend 2060 Fund Class K6 (FHCDX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) have volatilities of 3.42% and 3.34%, 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 data...