PortfoliosLab logo
FJTKX vs. ^GSPC
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between FJTKX and ^GSPC is 0.92, 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. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2045 Fund Class K6 (FJTKX) and S&P 500 (^GSPC). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

FJTKX:

0.47

^GSPC:

0.44

Sortino Ratio

FJTKX:

0.80

^GSPC:

0.79

Omega Ratio

FJTKX:

1.11

^GSPC:

1.12

Calmar Ratio

FJTKX:

0.53

^GSPC:

0.48

Martin Ratio

FJTKX:

2.26

^GSPC:

1.85

Ulcer Index

FJTKX:

3.62%

^GSPC:

4.92%

Daily Std Dev

FJTKX:

16.56%

^GSPC:

19.37%

Max Drawdown

FJTKX:

-35.59%

^GSPC:

-56.78%

Current Drawdown

FJTKX:

-3.23%

^GSPC:

-7.88%

Returns By Period

In the year-to-date period, FJTKX achieves a 2.68% return, which is significantly higher than ^GSPC's -3.77% return.


FJTKX

YTD

2.68%

1M

9.29%

6M

-1.29%

1Y

7.84%

5Y*

8.17%

10Y*

N/A

^GSPC

YTD

-3.77%

1M

7.44%

6M

-5.60%

1Y

8.37%

5Y*

14.12%

10Y*

10.46%

*Annualized

Compare stocks, funds, or ETFs

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


Risk-Adjusted Performance

FJTKX vs. ^GSPC — Risk-Adjusted Performance Rank

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

FJTKX
The Risk-Adjusted Performance Rank of FJTKX is 6161
Overall Rank
The Sharpe Ratio Rank of FJTKX is 5656
Sharpe Ratio Rank
The Sortino Ratio Rank of FJTKX is 5858
Sortino Ratio Rank
The Omega Ratio Rank of FJTKX is 5757
Omega Ratio Rank
The Calmar Ratio Rank of FJTKX is 6969
Calmar Ratio Rank
The Martin Ratio Rank of FJTKX is 6666
Martin Ratio Rank

^GSPC
The Risk-Adjusted Performance Rank of ^GSPC is 6767
Overall Rank
The Sharpe Ratio Rank of ^GSPC is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of ^GSPC is 6464
Sortino Ratio Rank
The Omega Ratio Rank of ^GSPC is 6969
Omega Ratio Rank
The Calmar Ratio Rank of ^GSPC is 6868
Calmar Ratio Rank
The Martin Ratio Rank of ^GSPC is 7474
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FJTKX vs. ^GSPC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2045 Fund Class K6 (FJTKX) and S&P 500 (^GSPC). 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.


The current FJTKX Sharpe Ratio is 0.47, which is comparable to the ^GSPC Sharpe Ratio of 0.44. The chart below compares the historical Sharpe Ratios of FJTKX and ^GSPC, 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 data...

Drawdowns

FJTKX vs. ^GSPC - Drawdown Comparison

The maximum FJTKX drawdown since its inception was -35.59%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FJTKX and ^GSPC. For additional features, visit the drawdowns tool.


Loading data...

Volatility

FJTKX vs. ^GSPC - Volatility Comparison

The current volatility for Fidelity Freedom 2045 Fund Class K6 (FJTKX) is 5.21%, while S&P 500 (^GSPC) has a volatility of 6.82%. This indicates that FJTKX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading data...