PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FIKFX vs. VTMFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FIKFXVTMFX
YTD Return6.36%9.97%
1Y Return11.58%16.99%
3Y Return (Ann)0.91%4.66%
5Y Return (Ann)3.05%8.19%
10Y Return (Ann)3.47%7.44%
Sharpe Ratio2.352.53
Daily Std Dev4.92%6.63%
Max Drawdown-15.03%-28.49%
Current Drawdown-0.33%-0.11%

Correlation

-0.50.00.51.00.7

The correlation between FIKFX and VTMFX is 0.74, 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

FIKFX vs. VTMFX - Performance Comparison

In the year-to-date period, FIKFX achieves a 6.36% return, which is significantly lower than VTMFX's 9.97% return. Over the past 10 years, FIKFX has underperformed VTMFX with an annualized return of 3.47%, while VTMFX has yielded a comparatively higher 7.44% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%AprilMayJuneJulyAugustSeptember
5.36%
5.09%
FIKFX
VTMFX

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. VTMFX - Expense Ratio Comparison

FIKFX has a 0.12% expense ratio, which is higher than VTMFX's 0.09% 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%.


FIKFX
Fidelity Freedom Index Income Fund Investor Class
Expense ratio chart for FIKFX: current value at 0.12% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.12%
Expense ratio chart for VTMFX: current value at 0.09% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.09%

Risk-Adjusted Performance

FIKFX vs. VTMFX - 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 Tax-Managed Balanced Fund Admiral Shares (VTMFX). 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.


FIKFX
Sharpe ratio
The chart of Sharpe ratio for FIKFX, currently valued at 2.35, compared to the broader market-1.000.001.002.003.004.005.002.35
Sortino ratio
The chart of Sortino ratio for FIKFX, currently valued at 3.51, compared to the broader market0.005.0010.003.51
Omega ratio
The chart of Omega ratio for FIKFX, currently valued at 1.44, compared to the broader market1.002.003.004.001.44
Calmar ratio
The chart of Calmar ratio for FIKFX, currently valued at 1.02, compared to the broader market0.005.0010.0015.0020.001.02
Martin ratio
The chart of Martin ratio for FIKFX, currently valued at 12.74, compared to the broader market0.0020.0040.0060.0080.0012.74
VTMFX
Sharpe ratio
The chart of Sharpe ratio for VTMFX, currently valued at 2.56, compared to the broader market-1.000.001.002.003.004.005.002.56
Sortino ratio
The chart of Sortino ratio for VTMFX, currently valued at 3.65, compared to the broader market0.005.0010.003.65
Omega ratio
The chart of Omega ratio for VTMFX, currently valued at 1.48, compared to the broader market1.002.003.004.001.48
Calmar ratio
The chart of Calmar ratio for VTMFX, currently valued at 1.69, compared to the broader market0.005.0010.0015.0020.001.69
Martin ratio
The chart of Martin ratio for VTMFX, currently valued at 13.02, compared to the broader market0.0020.0040.0060.0080.0013.02

FIKFX vs. VTMFX - Sharpe Ratio Comparison

The current FIKFX Sharpe Ratio is 2.35, which roughly equals the VTMFX Sharpe Ratio of 2.53. The chart below compares the 12-month rolling Sharpe Ratio of FIKFX and VTMFX.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00AprilMayJuneJulyAugustSeptember
2.35
2.56
FIKFX
VTMFX

Dividends

FIKFX vs. VTMFX - Dividend Comparison

FIKFX's dividend yield for the trailing twelve months is around 3.16%, more than VTMFX's 1.95% yield.


TTM20232022202120202019201820172016201520142013
FIKFX
Fidelity Freedom Index Income Fund Investor Class
3.16%2.85%3.06%2.04%2.18%7.27%2.94%1.89%1.65%1.89%2.83%1.23%
VTMFX
Vanguard Tax-Managed Balanced Fund Admiral Shares
1.95%1.94%1.85%1.38%1.72%1.44%2.22%2.00%2.13%2.06%2.00%2.06%

Drawdowns

FIKFX vs. VTMFX - Drawdown Comparison

The maximum FIKFX drawdown since its inception was -15.03%, smaller than the maximum VTMFX drawdown of -28.49%. Use the drawdown chart below to compare losses from any high point for FIKFX and VTMFX. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%AprilMayJuneJulyAugustSeptember
-0.33%
-0.11%
FIKFX
VTMFX

Volatility

FIKFX vs. VTMFX - Volatility Comparison

The current volatility for Fidelity Freedom Index Income Fund Investor Class (FIKFX) is 1.04%, while Vanguard Tax-Managed Balanced Fund Admiral Shares (VTMFX) has a volatility of 1.96%. This indicates that FIKFX experiences smaller price fluctuations and is considered to be less risky than VTMFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%AprilMayJuneJulyAugustSeptember
1.04%
1.96%
FIKFX
VTMFX