FHTKX vs. FFIZX
Compare and contrast key facts about Fidelity Freedom 2040 Fund Class K6 (FHTKX) and Fidelity Freedom Index 2040 Fund Institutional Premium Class (FFIZX).
FHTKX is managed by Fidelity. It was launched on Sep 6, 2000. FFIZX is managed by Fidelity. It was launched on Oct 2, 2009.
Performance
FHTKX vs. FFIZX - Performance Comparison
Loading graphics...
FHTKX vs. FFIZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FHTKX Fidelity Freedom 2040 Fund Class K6 | -2.85% | 22.35% | 16.63% | 20.25% | -18.08% | 16.80% | 18.62% | 25.70% | -8.72% | 9.80% |
FFIZX Fidelity Freedom Index 2040 Fund Institutional Premium Class | -3.61% | 19.93% | 13.37% | 19.44% | -18.15% | 15.97% | 16.51% | 26.01% | -7.20% | 10.10% |
Returns By Period
In the year-to-date period, FHTKX achieves a -2.85% return, which is significantly higher than FFIZX's -3.61% return.
FHTKX
- 1D
- -0.23%
- 1M
- -8.23%
- YTD
- -2.85%
- 6M
- 0.51%
- 1Y
- 18.44%
- 3Y*
- 15.92%
- 5Y*
- 8.57%
- 10Y*
- —
FFIZX
- 1D
- -0.07%
- 1M
- -7.74%
- YTD
- -3.61%
- 6M
- -0.91%
- 1Y
- 15.56%
- 3Y*
- 13.57%
- 5Y*
- 7.38%
- 10Y*
- 10.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FHTKX vs. FFIZX - Expense Ratio Comparison
FHTKX has a 0.50% expense ratio, which is higher than FFIZX's 0.08% expense ratio.
Return for Risk
FHTKX vs. FFIZX — Risk / Return Rank
FHTKX
FFIZX
FHTKX vs. FFIZX - 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 Index 2040 Fund Institutional Premium Class (FFIZX). 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.
| FHTKX | FFIZX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.28 | 1.14 | +0.15 |
Sortino ratioReturn per unit of downside risk | 1.83 | 1.65 | +0.17 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.25 | +0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.54 | 1.42 | +0.12 |
Martin ratioReturn relative to average drawdown | 7.06 | 6.61 | +0.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FHTKX | FFIZX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 1.14 | +0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.54 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.69 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.62 | +0.05 |
Correlation
The correlation between FHTKX and FFIZX is 0.98, 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.
Dividends
FHTKX vs. FFIZX - Dividend Comparison
FHTKX's dividend yield for the trailing twelve months is around 5.43%, more than FFIZX's 2.47% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHTKX Fidelity Freedom 2040 Fund Class K6 | 5.43% | 5.27% | 5.65% | 2.00% | 12.68% | 12.37% | 5.93% | 7.00% | 8.48% | 3.12% | 0.00% | 0.00% |
FFIZX Fidelity Freedom Index 2040 Fund Institutional Premium Class | 2.47% | 2.38% | 2.23% | 2.00% | 2.13% | 2.08% | 2.02% | 18.32% | 2.26% | 1.86% | 2.04% | 2.04% |
Drawdowns
FHTKX vs. FFIZX - Drawdown Comparison
The maximum FHTKX drawdown since its inception was -30.95%, roughly equal to the maximum FFIZX drawdown of -30.69%. Use the drawdown chart below to compare losses from any high point for FHTKX and FFIZX.
Loading graphics...
Drawdown Indicators
| FHTKX | FFIZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.95% | -30.69% | -0.26% |
Max Drawdown (1Y)Largest decline over 1 year | -10.30% | -9.98% | -0.32% |
Max Drawdown (5Y)Largest decline over 5 years | -27.05% | -26.07% | -0.98% |
Max Drawdown (10Y)Largest decline over 10 years | — | -30.69% | — |
Current DrawdownCurrent decline from peak | -8.69% | -8.10% | -0.59% |
Average DrawdownAverage peak-to-trough decline | -5.53% | -4.72% | -0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.34% | 2.14% | +0.20% |
Volatility
FHTKX vs. FFIZX - Volatility Comparison
Fidelity Freedom 2040 Fund Class K6 (FHTKX) has a higher volatility of 5.06% compared to Fidelity Freedom Index 2040 Fund Institutional Premium Class (FFIZX) at 4.49%. This indicates that FHTKX's price experiences larger fluctuations and is considered to be riskier than FFIZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FHTKX | FFIZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.06% | 4.49% | +0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 8.52% | 7.81% | +0.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.44% | 13.76% | +0.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.27% | 13.72% | +0.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.56% | 14.83% | +0.73% |