FIJTX vs. FSKAX
Compare and contrast key facts about Fidelity Advisor Freedom 2060 Fund Class Z (FIJTX) and Fidelity Total Market Index Fund (FSKAX).
FIJTX is managed by Fidelity. It was launched on Oct 2, 2018. FSKAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIJTX or FSKAX.
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
Key characteristics
FIJTX:
1.59
FSKAX:
1.91
FIJTX:
2.23
FSKAX:
2.56
FIJTX:
1.28
FSKAX:
1.35
FIJTX:
1.48
FSKAX:
2.90
FIJTX:
8.79
FSKAX:
11.47
FIJTX:
2.11%
FSKAX:
2.18%
FIJTX:
11.61%
FSKAX:
13.09%
FIJTX:
-34.32%
FSKAX:
-35.01%
FIJTX:
0.00%
FSKAX:
-0.08%
Returns By Period
In the year-to-date period, FIJTX achieves a 5.87% return, which is significantly higher than FSKAX's 4.24% return.
FIJTX
5.87%
3.59%
5.77%
16.26%
5.14%
N/A
FSKAX
4.24%
1.93%
10.27%
23.30%
13.68%
12.38%
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FIJTX vs. FSKAX - Expense Ratio Comparison
FIJTX has a 0.65% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Risk-Adjusted Performance
FIJTX vs. FSKAX — Risk-Adjusted Performance Rank
FIJTX
FSKAX
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.
Dividends
FIJTX vs. FSKAX - Dividend Comparison
FIJTX's dividend yield for the trailing twelve months is around 1.45%, more than FSKAX's 1.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIJTX Fidelity Advisor Freedom 2060 Fund Class Z | 1.45% | 1.54% | 1.47% | 2.20% | 2.25% | 1.17% | 1.51% | 2.35% | 0.00% | 0.00% | 0.00% | 0.00% |
FSKAX Fidelity Total Market Index Fund | 1.14% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.80% | 2.06% | 1.66% | 1.82% | 1.96% | 1.63% |
Drawdowns
FIJTX vs. FSKAX - Drawdown Comparison
The maximum FIJTX drawdown since its inception was -34.32%, roughly equal to the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FIJTX and FSKAX. For additional features, visit the drawdowns tool.
Volatility
FIJTX vs. FSKAX - Volatility Comparison
Fidelity Advisor Freedom 2060 Fund Class Z (FIJTX) and Fidelity Total Market Index Fund (FSKAX) have volatilities of 3.19% and 3.23%, 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.