FHTKX vs. FDEEX
FHTKX (Fidelity Freedom 2040 Fund Class K6) and FDEEX (Fidelity Freedom 2055 Fund) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FHTKX returned 9.96%/yr vs 9.72%/yr for FDEEX. Their 0.99 correlation means they have historically moved very closely together. FHTKX charges 0.50%/yr vs 0.75%/yr for FDEEX.
Performance
FHTKX vs. FDEEX - Performance Comparison
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Returns By Period
In the year-to-date period, FHTKX achieves a 10.64% return, which is significantly lower than FDEEX's 12.01% return.
FHTKX
- 1D
- 2.02%
- 1M
- -1.12%
- 6M
- 7.02%
- YTD
- 10.64%
- 1Y
- 22.03%
- 3Y*
- 17.80%
- 5Y*
- 9.96%
- 10Y*
- —
- ALL TIME*
- 11.57%
FDEEX
- 1D
- 2.26%
- 1M
- -1.21%
- 6M
- 7.88%
- YTD
- 12.01%
- 1Y
- 24.52%
- 3Y*
- 17.85%
- 5Y*
- 9.72%
- 10Y*
- 11.81%
- ALL TIME*
- 10.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FHTKX vs. FDEEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FHTKX Fidelity Freedom 2040 Fund Class K6 | 10.64% | 22.35% | 16.63% | 20.25% | -18.08% | 16.80% | 18.62% | 25.70% | -8.72% | 9.80% |
FDEEX Fidelity Freedom 2055 Fund | 12.01% | 23.74% | 14.02% | 20.55% | -19.19% | 16.57% | 18.26% | 25.35% | -8.92% | 9.71% |
Correlation
The correlation between FHTKX and FDEEX is 1.00 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 1.00 |
Correlation (3Y) Balances recent behavior with more history. | 0.99 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.99 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2017 | 0.99 |
The correlation between FHTKX and FDEEX has been stable across timeframes, ranging from 0.99 to 1.00 - a consistent structural relationship.
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Return for Risk
FHTKX vs. FDEEX — Risk / Return Rank
FHTKX
FDEEX
FHTKX vs. FDEEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2040 Fund Class K6 (FHTKX) and Fidelity Freedom 2055 Fund (FDEEX). 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.
| FHTKX | FDEEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.29 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.39 | 2.33 | +0.05 |
| Martin ratioReturn relative to average drawdown | 9.87 | 9.76 | +0.11 |
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Drawdowns
FHTKX vs. FDEEX - Drawdown Comparison
The maximum FHTKX drawdown since its inception was -30.95%, roughly equal to the maximum FDEEX drawdown of -31.00%. Use the drawdown chart below to compare losses from any high point for FHTKX and FDEEX.
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Drawdown Indicators
| FHTKX | FDEEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.95% | -31.00% | +0.05% |
Max Drawdown (1Y)Largest decline over 1 year | -8.69% | -9.79% | +1.10% |
Max Drawdown (3Y)Largest decline over 3 years | -14.06% | -15.39% | +1.33% |
Max Drawdown (5Y)Largest decline over 5 years | -27.05% | -27.34% | +0.29% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.00% | — |
Current DrawdownCurrent decline from peak | -2.28% | -2.53% | +0.25% |
Average DrawdownAverage peak-to-trough decline | -5.38% | -4.80% | -0.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 2.34% | -0.24% |
Volatility
FHTKX vs. FDEEX - Volatility Comparison
The current volatility for Fidelity Freedom 2040 Fund Class K6 (FHTKX) is 3.88%, while Fidelity Freedom 2055 Fund (FDEEX) has a volatility of 4.39%. This indicates that FHTKX experiences smaller price fluctuations and is considered to be less risky than FDEEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHTKX | FDEEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 4.39% | -0.51% |
Volatility (6M)Calculated over the trailing 6-month period | 11.02% | 12.42% | -1.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.88% | 14.41% | -1.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.57% | 15.27% | -0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.56% | 15.40% | +0.16% |
FHTKX vs. FDEEX - Expense Ratio Comparison
FHTKX has a 0.50% expense ratio, which is lower than FDEEX's 0.75% expense ratio.
Dividends
FHTKX vs. FDEEX - Dividend Comparison
FHTKX's dividend yield for the trailing twelve months is around 6.63%, more than FDEEX's 5.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDEEX Fidelity Freedom 2055 Fund | 5.05% | 3.87% | 1.73% | 1.91% | 10.33% | 11.20% | 4.20% | 6.23% | 6.68% | 3.59% | 3.52% | 4.99% |
FHTKX Fidelity Freedom 2040 Fund Class K6 | 6.63% | 5.27% | 5.65% | 2.00% | 12.68% | 12.37% | 5.93% | 7.00% | 8.48% | 3.12% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 1.00, FHTKX and FDEEX 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.
FDEEX has higher volatility (4.39%) compared to FHTKX (3.88%). In terms of maximum drawdown, FHTKX dropped -30.95% vs FDEEX's -31.00%.
FHTKX currently has the higher Sharpe Ratio (1.61 vs 1.59), 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.
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