FIDKX vs. FNSBX
Compare and contrast key facts about Fidelity International Discovery Fund Class K (FIDKX) and Fidelity Freedom 2050 Fund Class K (FNSBX).
FIDKX is managed by Fidelity. It was launched on May 9, 2008. FNSBX 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: FIDKX or FNSBX.
Key characteristics
| FIDKX | FNSBX | |
|---|---|---|
| YTD Return | 12.55% | 16.30% |
| 1Y Return | 20.93% | 24.67% |
| 3Y Return (Ann) | -2.12% | -0.73% |
| 5Y Return (Ann) | 6.56% | 5.27% |
| Sharpe Ratio | 1.74 | 2.39 |
| Sortino Ratio | 2.42 | 3.35 |
| Omega Ratio | 1.30 | 1.44 |
| Calmar Ratio | 1.03 | 1.27 |
| Martin Ratio | 9.25 | 15.54 |
| Ulcer Index | 2.56% | 1.77% |
| Daily Std Dev | 13.56% | 11.50% |
| Max Drawdown | -56.79% | -35.44% |
| Current Drawdown | -6.75% | -2.29% |
Correlation
The correlation between FIDKX and FNSBX is 0.89, 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
FIDKX vs. FNSBX - Performance Comparison
In the year-to-date period, FIDKX achieves a 12.55% return, which is significantly lower than FNSBX's 16.30% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FIDKX vs. FNSBX - Expense Ratio Comparison
FIDKX has a 0.90% expense ratio, which is higher than FNSBX's 0.65% expense ratio.
Risk-Adjusted Performance
FIDKX vs. FNSBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity International Discovery Fund Class K (FIDKX) and Fidelity Freedom 2050 Fund Class K (FNSBX). 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
FIDKX vs. FNSBX - Dividend Comparison
FIDKX's dividend yield for the trailing twelve months is around 1.79%, more than FNSBX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIDKX Fidelity International Discovery Fund Class K | 1.79% | 2.02% | 0.47% | 3.08% | 0.55% | 1.82% | 1.49% | 1.22% | 1.83% | 1.19% | 0.82% | 3.38% |
FNSBX Fidelity Freedom 2050 Fund Class K | 1.21% | 1.41% | 2.17% | 2.32% | 1.10% | 1.56% | 1.74% | 1.27% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FIDKX vs. FNSBX - Drawdown Comparison
The maximum FIDKX drawdown since its inception was -56.79%, which is greater than FNSBX's maximum drawdown of -35.44%. Use the drawdown chart below to compare losses from any high point for FIDKX and FNSBX. For additional features, visit the drawdowns tool.
Volatility
FIDKX vs. FNSBX - Volatility Comparison
Fidelity International Discovery Fund Class K (FIDKX) has a higher volatility of 3.55% compared to Fidelity Freedom 2050 Fund Class K (FNSBX) at 3.09%. This indicates that FIDKX's price experiences larger fluctuations and is considered to be riskier than FNSBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.