FHTKX vs. FSNVX
Compare and contrast key facts about Fidelity Freedom 2040 Fund Class K6 (FHTKX) and Fidelity Freedom 2040 Fund Class K (FSNVX).
FHTKX is managed by Fidelity. It was launched on Sep 6, 2000. FSNVX is managed by Fidelity. It was launched on Jul 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHTKX or FSNVX.
Correlation
The correlation between FHTKX and FSNVX 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. FSNVX - Performance Comparison
Key characteristics
FHTKX:
0.49
FSNVX:
0.47
FHTKX:
0.78
FSNVX:
0.76
FHTKX:
1.11
FSNVX:
1.10
FHTKX:
0.50
FSNVX:
0.47
FHTKX:
2.26
FSNVX:
2.18
FHTKX:
3.29%
FSNVX:
3.30%
FHTKX:
15.35%
FSNVX:
15.35%
FHTKX:
-35.56%
FSNVX:
-35.64%
FHTKX:
-6.02%
FSNVX:
-6.55%
Returns By Period
In the year-to-date period, FHTKX achieves a 0.35% return, which is significantly higher than FSNVX's 0.26% return.
FHTKX
0.35%
-0.09%
-1.80%
7.16%
6.91%
N/A
FSNVX
0.26%
-0.17%
-1.91%
6.92%
6.76%
N/A
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FHTKX vs. FSNVX - Expense Ratio Comparison
FHTKX has a 0.50% expense ratio, which is lower than FSNVX's 0.65% expense ratio.
Risk-Adjusted Performance
FHTKX vs. FSNVX — Risk-Adjusted Performance Rank
FHTKX
FSNVX
FHTKX vs. FSNVX - 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 2040 Fund Class K (FSNVX). 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. FSNVX - Dividend Comparison
FHTKX's dividend yield for the trailing twelve months is around 1.79%, more than FSNVX's 1.59% 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% |
FSNVX Fidelity Freedom 2040 Fund Class K | 1.59% | 1.59% | 1.45% | 2.16% | 2.32% | 1.11% | 1.56% | 1.76% | 1.28% |
Drawdowns
FHTKX vs. FSNVX - Drawdown Comparison
The maximum FHTKX drawdown since its inception was -35.56%, roughly equal to the maximum FSNVX drawdown of -35.64%. Use the drawdown chart below to compare losses from any high point for FHTKX and FSNVX. For additional features, visit the drawdowns tool.
Volatility
FHTKX vs. FSNVX - Volatility Comparison
Fidelity Freedom 2040 Fund Class K6 (FHTKX) and Fidelity Freedom 2040 Fund Class K (FSNVX) have volatilities of 10.45% and 10.44%, 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.