FHTKX vs. FFSZX
Compare and contrast key facts about Fidelity Freedom 2040 Fund Class K6 (FHTKX) and Fidelity Freedom 2065 Fund Class K6 (FFSZX).
FHTKX is managed by Fidelity. It was launched on Sep 6, 2000. FFSZX is managed by Fidelity. It was launched on Jun 28, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHTKX or FFSZX.
Correlation
The correlation between FHTKX and FFSZX is 0.92, 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
FHTKX vs. FFSZX - Performance Comparison
Key characteristics
FHTKX:
0.49
FFSZX:
0.44
FHTKX:
0.78
FFSZX:
0.73
FHTKX:
1.11
FFSZX:
1.10
FHTKX:
0.50
FFSZX:
0.48
FHTKX:
2.26
FFSZX:
2.08
FHTKX:
3.29%
FFSZX:
3.55%
FHTKX:
15.35%
FFSZX:
16.66%
FHTKX:
-35.56%
FFSZX:
-33.08%
FHTKX:
-6.02%
FFSZX:
-5.69%
Returns By Period
In the year-to-date period, FHTKX achieves a 0.35% return, which is significantly higher than FFSZX's 0.08% return.
FHTKX
0.35%
-0.09%
-1.80%
7.16%
6.91%
N/A
FFSZX
0.08%
-0.15%
-1.98%
7.05%
9.40%
N/A
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FHTKX vs. FFSZX - Expense Ratio Comparison
Both FHTKX and FFSZX have an expense ratio of 0.50%.
Risk-Adjusted Performance
FHTKX vs. FFSZX — Risk-Adjusted Performance Rank
FHTKX
FFSZX
FHTKX vs. FFSZX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2040 Fund Class K6 (FHTKX) and Fidelity Freedom 2065 Fund Class K6 (FFSZX). 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
FHTKX vs. FFSZX - Dividend Comparison
FHTKX's dividend yield for the trailing twelve months is around 1.79%, more than FFSZX's 1.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
FHTKX Fidelity Freedom 2040 Fund Class K6 | 1.79% | 1.80% | 1.60% | 2.33% | 2.51% | 1.24% | 1.73% | 2.07% | 1.31% |
FFSZX Fidelity Freedom 2065 Fund Class K6 | 1.67% | 1.67% | 1.50% | 2.19% | 2.30% | 1.13% | 1.24% | 0.00% | 0.00% |
Drawdowns
FHTKX vs. FFSZX - Drawdown Comparison
The maximum FHTKX drawdown since its inception was -35.56%, which is greater than FFSZX's maximum drawdown of -33.08%. Use the drawdown chart below to compare losses from any high point for FHTKX and FFSZX. For additional features, visit the drawdowns tool.
Volatility
FHTKX vs. FFSZX - Volatility Comparison
The current volatility for Fidelity Freedom 2040 Fund Class K6 (FHTKX) is 10.45%, while Fidelity Freedom 2065 Fund Class K6 (FFSZX) has a volatility of 11.53%. This indicates that FHTKX experiences smaller price fluctuations and is considered to be less risky than FFSZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.