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FIDKX vs. FNSBX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FIDKX vs. FNSBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Discovery Fund Class K (FIDKX) and Fidelity Freedom 2050 Fund Class K (FNSBX). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
0.12%
6.24%
FIDKX
FNSBX

Returns By Period

In the year-to-date period, FIDKX achieves a 11.74% return, which is significantly lower than FNSBX's 15.64% return.


FIDKX

YTD

11.74%

1M

-3.78%

6M

0.14%

1Y

18.26%

5Y (annualized)

6.51%

10Y (annualized)

5.77%

FNSBX

YTD

15.64%

1M

-1.12%

6M

5.77%

1Y

22.80%

5Y (annualized)

5.18%

10Y (annualized)

N/A

Key characteristics


FIDKXFNSBX
Sharpe Ratio1.341.98
Sortino Ratio1.892.77
Omega Ratio1.231.36
Calmar Ratio0.831.08
Martin Ratio6.5512.45
Ulcer Index2.74%1.81%
Daily Std Dev13.41%11.34%
Max Drawdown-56.79%-35.44%
Current Drawdown-7.43%-2.85%

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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.


FIDKX
Fidelity International Discovery Fund Class K
Expense ratio chart for FIDKX: current value at 0.90% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.90%
Expense ratio chart for FNSBX: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%

Correlation

-0.50.00.51.00.9

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.

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.


Sharpe ratio
The chart of Sharpe ratio for FIDKX, currently valued at 1.34, compared to the broader market-1.000.001.002.003.004.005.001.341.98
The chart of Sortino ratio for FIDKX, currently valued at 1.89, compared to the broader market0.005.0010.001.892.77
The chart of Omega ratio for FIDKX, currently valued at 1.23, compared to the broader market1.002.003.004.001.231.36
The chart of Calmar ratio for FIDKX, currently valued at 0.83, compared to the broader market0.005.0010.0015.0020.0025.000.831.08
The chart of Martin ratio for FIDKX, currently valued at 6.55, compared to the broader market0.0020.0040.0060.0080.00100.006.5512.45
FIDKX
FNSBX

The current FIDKX Sharpe Ratio is 1.34, which is lower than the FNSBX Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of FIDKX and FNSBX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.34
1.98
FIDKX
FNSBX

Dividends

FIDKX vs. FNSBX - Dividend Comparison

FIDKX's dividend yield for the trailing twelve months is around 1.81%, more than FNSBX's 1.22% yield.


TTM20232022202120202019201820172016201520142013
FIDKX
Fidelity International Discovery Fund Class K
1.81%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
1.22%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.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.43%
-2.85%
FIDKX
FNSBX

Volatility

FIDKX vs. FNSBX - Volatility Comparison

Fidelity International Discovery Fund Class K (FIDKX) has a higher volatility of 3.56% compared to Fidelity Freedom 2050 Fund Class K (FNSBX) at 3.19%. 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.


2.00%3.00%4.00%5.00%6.00%7.00%JuneJulyAugustSeptemberOctoberNovember
3.56%
3.19%
FIDKX
FNSBX