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FIJTX vs. FSKAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FIJTX and FSKAX is 0.93, 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

FIJTX vs. FSKAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2060 Fund Class Z (FIJTX) and Fidelity Total Market Index Fund (FSKAX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FIJTX:

0.77

FSKAX:

0.69

Sortino Ratio

FIJTX:

1.05

FSKAX:

1.00

Omega Ratio

FIJTX:

1.15

FSKAX:

1.14

Calmar Ratio

FIJTX:

0.74

FSKAX:

0.64

Martin Ratio

FIJTX:

3.18

FSKAX:

2.39

Ulcer Index

FIJTX:

3.51%

FSKAX:

5.20%

Daily Std Dev

FIJTX:

16.43%

FSKAX:

20.16%

Max Drawdown

FIJTX:

-31.26%

FSKAX:

-35.01%

Current Drawdown

FIJTX:

-0.28%

FSKAX:

-3.94%

Returns By Period

In the year-to-date period, FIJTX achieves a 7.09% return, which is significantly higher than FSKAX's 0.53% return.


FIJTX

YTD

7.09%

1M

5.69%

6M

3.41%

1Y

12.60%

3Y*

10.98%

5Y*

12.29%

10Y*

N/A

FSKAX

YTD

0.53%

1M

6.40%

6M

-2.49%

1Y

13.87%

3Y*

13.74%

5Y*

15.26%

10Y*

12.12%

*Annualized

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Fidelity Total Market Index Fund

FIJTX vs. FSKAX - Expense Ratio Comparison

FIJTX has a 0.65% expense ratio, which is higher than FSKAX's 0.02% expense ratio.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

FIJTX vs. FSKAX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIJTX
The Risk-Adjusted Performance Rank of FIJTX is 6060
Overall Rank
The Sharpe Ratio Rank of FIJTX is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of FIJTX is 5656
Sortino Ratio Rank
The Omega Ratio Rank of FIJTX is 5656
Omega Ratio Rank
The Calmar Ratio Rank of FIJTX is 6666
Calmar Ratio Rank
The Martin Ratio Rank of FIJTX is 6868
Martin Ratio Rank

FSKAX
The Risk-Adjusted Performance Rank of FSKAX is 5454
Overall Rank
The Sharpe Ratio Rank of FSKAX is 4949
Sharpe Ratio Rank
The Sortino Ratio Rank of FSKAX is 5252
Sortino Ratio Rank
The Omega Ratio Rank of FSKAX is 5555
Omega Ratio Rank
The Calmar Ratio Rank of FSKAX is 5858
Calmar Ratio Rank
The Martin Ratio Rank of FSKAX is 5454
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FIJTX vs. FSKAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2060 Fund Class Z (FIJTX) and Fidelity Total Market Index Fund (FSKAX). 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.


The current FIJTX Sharpe Ratio is 0.77, which is comparable to the FSKAX Sharpe Ratio of 0.69. The chart below compares the historical Sharpe Ratios of FIJTX and FSKAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

FIJTX vs. FSKAX - Dividend Comparison

FIJTX's dividend yield for the trailing twelve months is around 5.02%, more than FSKAX's 1.09% yield.


TTM20242023202220212020201920182017201620152014
FIJTX
Fidelity Advisor Freedom 2060 Fund Class Z
5.02%1.98%2.36%10.44%8.83%4.71%6.49%5.42%0.00%0.00%0.00%0.00%
FSKAX
Fidelity Total Market Index Fund
1.09%1.19%1.41%1.62%1.15%1.45%1.94%2.54%2.33%2.43%2.49%1.63%

Drawdowns

FIJTX vs. FSKAX - Drawdown Comparison

The maximum FIJTX drawdown since its inception was -31.26%, smaller than the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FIJTX and FSKAX.


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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

FIJTX vs. FSKAX - Volatility Comparison

The current volatility for Fidelity Advisor Freedom 2060 Fund Class Z (FIJTX) is 3.37%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 4.92%. This indicates that FIJTX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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