PortfoliosLab logoPortfoliosLab logo
FIKFX vs. PRBLX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIKFX vs. PRBLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Index Income Fund Investor Class (FIKFX) and Parnassus Core Equity Fund (PRBLX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

FIKFX vs. PRBLX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FIKFX
Fidelity Freedom Index Income Fund Investor Class
-0.78%9.23%4.96%8.28%-11.09%2.79%8.54%10.59%-0.76%6.66%
PRBLX
Parnassus Core Equity Fund
-8.62%11.67%18.58%24.97%-18.64%27.59%21.21%30.68%-0.30%16.63%

Returns By Period

In the year-to-date period, FIKFX achieves a -0.78% return, which is significantly higher than PRBLX's -8.62% return. Over the past 10 years, FIKFX has underperformed PRBLX with an annualized return of 3.85%, while PRBLX has yielded a comparatively higher 11.97% annualized return.


FIKFX

1D
0.25%
1M
-3.09%
YTD
-0.78%
6M
0.46%
1Y
6.34%
3Y*
5.94%
5Y*
2.60%
10Y*
3.85%

PRBLX

1D
0.02%
1M
-8.59%
YTD
-8.62%
6M
-7.14%
1Y
4.60%
3Y*
12.03%
5Y*
7.94%
10Y*
11.97%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FIKFX vs. PRBLX - Expense Ratio Comparison

FIKFX has a 0.12% expense ratio, which is lower than PRBLX's 0.82% expense ratio.


Return for Risk

FIKFX vs. PRBLX — Risk / Return Rank

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

FIKFX
FIKFX Risk / Return Rank: 8282
Overall Rank
FIKFX Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
FIKFX Sortino Ratio Rank: 8383
Sortino Ratio Rank
FIKFX Omega Ratio Rank: 7878
Omega Ratio Rank
FIKFX Calmar Ratio Rank: 8282
Calmar Ratio Rank
FIKFX Martin Ratio Rank: 8383
Martin Ratio Rank

PRBLX
PRBLX Risk / Return Rank: 1212
Overall Rank
PRBLX Sharpe Ratio Rank: 1313
Sharpe Ratio Rank
PRBLX Sortino Ratio Rank: 1313
Sortino Ratio Rank
PRBLX Omega Ratio Rank: 1313
Omega Ratio Rank
PRBLX Calmar Ratio Rank: 1111
Calmar Ratio Rank
PRBLX Martin Ratio Rank: 1111
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIKFX vs. PRBLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index Income Fund Investor Class (FIKFX) and Parnassus Core Equity Fund (PRBLX). 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.


FIKFXPRBLXDifference

Sharpe ratio

Return per unit of total volatility

1.51

0.30

+1.21

Sortino ratio

Return per unit of downside risk

2.11

0.55

+1.56

Omega ratio

Gain probability vs. loss probability

1.30

1.08

+0.22

Calmar ratio

Return relative to maximum drawdown

1.99

0.24

+1.75

Martin ratio

Return relative to average drawdown

8.39

0.86

+7.53

FIKFX vs. PRBLX - Sharpe Ratio Comparison

The current FIKFX Sharpe Ratio is 1.51, which is higher than the PRBLX Sharpe Ratio of 0.30. The chart below compares the historical Sharpe Ratios of FIKFX and PRBLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading graphics...

Sharpe Ratios by Period


FIKFXPRBLXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.51

0.30

+1.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.52

0.49

+0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.88

0.70

+0.18

Sharpe Ratio (All Time)

Calculated using the full available price history

0.95

0.69

+0.26

Correlation

The correlation between FIKFX and PRBLX is 0.70, 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.


Dividends

FIKFX vs. PRBLX - Dividend Comparison

FIKFX's dividend yield for the trailing twelve months is around 3.44%, less than PRBLX's 20.83% yield.


TTM20252024202320222021202020192018201720162015
FIKFX
Fidelity Freedom Index Income Fund Investor Class
3.44%3.40%3.13%2.85%3.06%2.04%2.18%7.27%2.94%1.89%1.65%1.39%
PRBLX
Parnassus Core Equity Fund
20.83%19.08%10.00%6.01%10.13%7.77%5.87%8.02%9.64%7.16%3.80%9.62%

Drawdowns

FIKFX vs. PRBLX - Drawdown Comparison

The maximum FIKFX drawdown since its inception was -15.03%, smaller than the maximum PRBLX drawdown of -42.20%. Use the drawdown chart below to compare losses from any high point for FIKFX and PRBLX.


Loading graphics...

Drawdown Indicators


FIKFXPRBLXDifference

Max Drawdown

Largest peak-to-trough decline

-15.03%

-42.20%

+27.17%

Max Drawdown (1Y)

Largest decline over 1 year

-3.32%

-11.63%

+8.31%

Max Drawdown (5Y)

Largest decline over 5 years

-15.03%

-26.31%

+11.28%

Max Drawdown (10Y)

Largest decline over 10 years

-15.03%

-30.09%

+15.06%

Current Drawdown

Current decline from peak

-3.09%

-11.61%

+8.52%

Average Drawdown

Average peak-to-trough decline

-1.73%

-4.06%

+2.33%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.79%

3.17%

-2.38%

Volatility

FIKFX vs. PRBLX - Volatility Comparison

The current volatility for Fidelity Freedom Index Income Fund Investor Class (FIKFX) is 1.87%, while Parnassus Core Equity Fund (PRBLX) has a volatility of 4.09%. This indicates that FIKFX experiences smaller price fluctuations and is considered to be less risky than PRBLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


FIKFXPRBLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.87%

4.09%

-2.22%

Volatility (6M)

Calculated over the trailing 6-month period

2.76%

8.57%

-5.81%

Volatility (1Y)

Calculated over the trailing 1-year period

4.34%

16.68%

-12.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.06%

16.19%

-11.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.39%

17.22%

-12.83%