FKGLX vs. FXNAX
Compare and contrast key facts about Fidelity Advisor Freedom 2040 Fund Class Z6 (FKGLX) and Fidelity U.S. Bond Index Fund (FXNAX).
FKGLX is managed by Fidelity. It was launched on Jun 6, 2017. FXNAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FKGLX or FXNAX.
Correlation
The correlation between FKGLX and FXNAX is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FKGLX vs. FXNAX - Performance Comparison
Key characteristics
FKGLX:
1.31
FXNAX:
0.85
FKGLX:
1.86
FXNAX:
1.26
FKGLX:
1.23
FXNAX:
1.15
FKGLX:
1.13
FXNAX:
0.30
FKGLX:
6.80
FXNAX:
2.02
FKGLX:
2.13%
FXNAX:
2.17%
FKGLX:
11.03%
FXNAX:
5.16%
FKGLX:
-35.15%
FXNAX:
-19.64%
FKGLX:
-0.34%
FXNAX:
-9.46%
Returns By Period
In the year-to-date period, FKGLX achieves a 5.63% return, which is significantly higher than FXNAX's 0.70% return.
FKGLX
5.63%
3.46%
4.36%
14.98%
4.50%
N/A
FXNAX
0.70%
0.89%
-1.33%
4.07%
-0.88%
1.23%
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FKGLX vs. FXNAX - Expense Ratio Comparison
FKGLX has a 0.50% expense ratio, which is higher than FXNAX's 0.03% expense ratio.
Risk-Adjusted Performance
FKGLX vs. FXNAX — Risk-Adjusted Performance Rank
FKGLX
FXNAX
FKGLX vs. FXNAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2040 Fund Class Z6 (FKGLX) and Fidelity U.S. Bond Index Fund (FXNAX). 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
FKGLX vs. FXNAX - Dividend Comparison
FKGLX's dividend yield for the trailing twelve months is around 1.69%, less than FXNAX's 3.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKGLX Fidelity Advisor Freedom 2040 Fund Class Z6 | 1.69% | 1.79% | 1.54% | 2.19% | 2.33% | 1.09% | 1.55% | 2.29% | 1.48% | 0.00% | 0.00% | 0.00% |
FXNAX Fidelity U.S. Bond Index Fund | 3.41% | 3.40% | 2.92% | 2.41% | 1.81% | 2.10% | 2.69% | 2.74% | 2.52% | 2.52% | 2.69% | 2.59% |
Drawdowns
FKGLX vs. FXNAX - Drawdown Comparison
The maximum FKGLX drawdown since its inception was -35.15%, which is greater than FXNAX's maximum drawdown of -19.64%. Use the drawdown chart below to compare losses from any high point for FKGLX and FXNAX. For additional features, visit the drawdowns tool.
Volatility
FKGLX vs. FXNAX - Volatility Comparison
Fidelity Advisor Freedom 2040 Fund Class Z6 (FKGLX) has a higher volatility of 2.99% compared to Fidelity U.S. Bond Index Fund (FXNAX) at 1.30%. This indicates that FKGLX's price experiences larger fluctuations and is considered to be riskier than FXNAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.