FIKFX vs. BNDW
Compare and contrast key facts about Fidelity Freedom Index Income Fund Investor Class (FIKFX) and Vanguard Total World Bond ETF (BNDW).
FIKFX is managed by Fidelity. It was launched on Oct 2, 2009. BNDW is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Barclays Global Aggregate Float Adjusted TR Index. It was launched on Sep 4, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIKFX or BNDW.
Key characteristics
| FIKFX | BNDW | |
|---|---|---|
| YTD Return | 5.31% | 2.22% |
| 1Y Return | 11.16% | 8.08% |
| 3Y Return (Ann) | 0.25% | -1.61% |
| 5Y Return (Ann) | 1.33% | -0.13% |
| Sharpe Ratio | 2.44 | 1.64 |
| Sortino Ratio | 3.73 | 2.46 |
| Omega Ratio | 1.46 | 1.29 |
| Calmar Ratio | 1.25 | 0.59 |
| Martin Ratio | 14.03 | 6.02 |
| Ulcer Index | 0.80% | 1.33% |
| Daily Std Dev | 4.56% | 4.88% |
| Max Drawdown | -15.37% | -17.22% |
| Current Drawdown | -1.64% | -6.55% |
Correlation
The correlation between FIKFX and BNDW is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FIKFX vs. BNDW - Performance Comparison
In the year-to-date period, FIKFX achieves a 5.31% return, which is significantly higher than BNDW's 2.22% 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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FIKFX vs. BNDW - Expense Ratio Comparison
FIKFX has a 0.12% expense ratio, which is higher than BNDW's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FIKFX vs. BNDW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index Income Fund Investor Class (FIKFX) and Vanguard Total World Bond ETF (BNDW). 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
FIKFX vs. BNDW - Dividend Comparison
FIKFX's dividend yield for the trailing twelve months is around 3.29%, less than BNDW's 4.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIKFX Fidelity Freedom Index Income Fund Investor Class | 3.29% | 2.85% | 2.86% | 1.43% | 1.25% | 2.06% | 2.05% | 1.53% | 1.53% | 1.89% | 2.83% | 1.23% |
BNDW Vanguard Total World Bond ETF | 4.17% | 3.73% | 2.02% | 2.58% | 1.56% | 3.05% | 1.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FIKFX vs. BNDW - Drawdown Comparison
The maximum FIKFX drawdown since its inception was -15.37%, smaller than the maximum BNDW drawdown of -17.22%. Use the drawdown chart below to compare losses from any high point for FIKFX and BNDW. For additional features, visit the drawdowns tool.
Volatility
FIKFX vs. BNDW - Volatility Comparison
Fidelity Freedom Index Income Fund Investor Class (FIKFX) and Vanguard Total World Bond ETF (BNDW) have volatilities of 1.26% and 1.31%, 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.