FKIFX vs. FPIFX
Compare and contrast key facts about Fidelity Freedom Index 2010 Fund Investor Class (FKIFX) and Fidelity Freedom Index 2020 Fund Investor Class (FPIFX).
FKIFX is managed by Fidelity. It was launched on Oct 2, 2009. FPIFX is managed by Fidelity. It was launched on Oct 2, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FKIFX or FPIFX.
Correlation
The correlation between FKIFX and FPIFX is 0.97, 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
FKIFX vs. FPIFX - Performance Comparison
Key characteristics
FKIFX:
1.22
FPIFX:
1.04
FKIFX:
1.74
FPIFX:
1.45
FKIFX:
1.22
FPIFX:
1.19
FKIFX:
0.73
FPIFX:
1.00
FKIFX:
4.72
FPIFX:
4.08
FKIFX:
1.27%
FPIFX:
1.75%
FKIFX:
4.93%
FPIFX:
6.87%
FKIFX:
-21.99%
FPIFX:
-27.84%
FKIFX:
-2.07%
FPIFX:
-1.62%
Returns By Period
In the year-to-date period, FKIFX achieves a 2.10% return, which is significantly lower than FPIFX's 2.98% return. Over the past 10 years, FKIFX has underperformed FPIFX with an annualized return of 1.83%, while FPIFX has yielded a comparatively higher 3.46% annualized return.
FKIFX
2.10%
1.55%
0.70%
6.27%
1.90%
1.83%
FPIFX
2.98%
2.20%
0.76%
7.41%
3.55%
3.46%
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FKIFX vs. FPIFX - Expense Ratio Comparison
Both FKIFX and FPIFX have an expense ratio of 0.12%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
FKIFX vs. FPIFX — Risk-Adjusted Performance Rank
FKIFX
FPIFX
FKIFX vs. FPIFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2010 Fund Investor Class (FKIFX) and Fidelity Freedom Index 2020 Fund Investor Class (FPIFX). 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
FKIFX vs. FPIFX - Dividend Comparison
FKIFX's dividend yield for the trailing twelve months is around 3.14%, more than FPIFX's 2.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FKIFX Fidelity Freedom Index 2010 Fund Investor Class | 3.14% | 3.20% | 2.70% | 2.79% | 1.49% | 1.32% | 2.08% | 2.23% | 1.64% | 1.66% | 1.78% | 4.40% |
FPIFX Fidelity Freedom Index 2020 Fund Investor Class | 2.81% | 2.89% | 2.42% | 2.62% | 1.52% | 1.38% | 2.03% | 2.17% | 1.72% | 1.79% | 1.91% | 4.65% |
Drawdowns
FKIFX vs. FPIFX - Drawdown Comparison
The maximum FKIFX drawdown since its inception was -21.99%, smaller than the maximum FPIFX drawdown of -27.84%. Use the drawdown chart below to compare losses from any high point for FKIFX and FPIFX. For additional features, visit the drawdowns tool.
Volatility
FKIFX vs. FPIFX - Volatility Comparison
The current volatility for Fidelity Freedom Index 2010 Fund Investor Class (FKIFX) is 1.17%, while Fidelity Freedom Index 2020 Fund Investor Class (FPIFX) has a volatility of 1.61%. This indicates that FKIFX experiences smaller price fluctuations and is considered to be less risky than FPIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.