FJTKX vs. FSNZX
Compare and contrast key facts about Fidelity Freedom 2045 Fund Class K6 (FJTKX) and Fidelity Freedom 2045 Fund Class K (FSNZX).
FJTKX is managed by Fidelity. It was launched on Jun 1, 2006. FSNZX is managed by Fidelity. It was launched on Jul 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FJTKX or FSNZX.
Key characteristics
| FJTKX | FSNZX | |
|---|---|---|
| YTD Return | 16.40% | 16.25% |
| 1Y Return | 24.84% | 24.60% |
| 3Y Return (Ann) | -0.74% | -0.87% |
| 5Y Return (Ann) | 5.27% | 5.14% |
| Sharpe Ratio | 2.40 | 2.38 |
| Sortino Ratio | 3.34 | 3.32 |
| Omega Ratio | 1.44 | 1.43 |
| Calmar Ratio | 1.27 | 1.25 |
| Martin Ratio | 15.57 | 15.43 |
| Ulcer Index | 1.78% | 1.77% |
| Daily Std Dev | 11.50% | 11.51% |
| Max Drawdown | -35.59% | -35.63% |
| Current Drawdown | -2.34% | -2.72% |
Correlation
The correlation between FJTKX and FSNZX is 1.00, 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
FJTKX vs. FSNZX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FJTKX having a 16.40% return and FSNZX slightly lower at 16.25%. 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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FJTKX vs. FSNZX - Expense Ratio Comparison
FJTKX has a 0.50% expense ratio, which is lower than FSNZX's 0.65% expense ratio.
Risk-Adjusted Performance
FJTKX vs. FSNZX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2045 Fund Class K6 (FJTKX) and Fidelity Freedom 2045 Fund Class K (FSNZX). 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
FJTKX vs. FSNZX - Dividend Comparison
FJTKX's dividend yield for the trailing twelve months is around 1.32%, more than FSNZX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FJTKX Fidelity Freedom 2045 Fund Class K6 | 1.32% | 1.54% | 2.34% | 2.52% | 1.23% | 1.70% | 2.07% | 1.30% |
FSNZX Fidelity Freedom 2045 Fund Class K | 1.21% | 1.41% | 2.17% | 2.32% | 1.10% | 1.55% | 1.76% | 1.26% |
Drawdowns
FJTKX vs. FSNZX - Drawdown Comparison
The maximum FJTKX drawdown since its inception was -35.59%, roughly equal to the maximum FSNZX drawdown of -35.63%. Use the drawdown chart below to compare losses from any high point for FJTKX and FSNZX. For additional features, visit the drawdowns tool.
Volatility
FJTKX vs. FSNZX - Volatility Comparison
Fidelity Freedom 2045 Fund Class K6 (FJTKX) and Fidelity Freedom 2045 Fund Class K (FSNZX) have volatilities of 3.12% and 3.08%, 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.