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FNSHX vs. FYTKX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FNSHX and FYTKX is 0.61, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

FNSHX vs. FYTKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom Income Fund Class K (FNSHX) and Fidelity Freedom Income Fund Class K6 (FYTKX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FNSHX:

1.16

FYTKX:

1.15

Sortino Ratio

FNSHX:

1.76

FYTKX:

1.72

Omega Ratio

FNSHX:

1.22

FYTKX:

1.22

Calmar Ratio

FNSHX:

0.76

FYTKX:

0.77

Martin Ratio

FNSHX:

5.02

FYTKX:

4.98

Ulcer Index

FNSHX:

1.21%

FYTKX:

1.20%

Daily Std Dev

FNSHX:

5.08%

FYTKX:

5.09%

Max Drawdown

FNSHX:

-19.27%

FYTKX:

-19.23%

Current Drawdown

FNSHX:

-2.36%

FYTKX:

-2.14%

Returns By Period

In the year-to-date period, FNSHX achieves a 2.58% return, which is significantly higher than FYTKX's 2.38% return.


FNSHX

YTD

2.58%

1M

2.67%

6M

1.22%

1Y

5.96%

5Y*

1.73%

10Y*

N/A

FYTKX

YTD

2.38%

1M

2.58%

6M

1.05%

1Y

5.99%

5Y*

1.78%

10Y*

N/A

*Annualized

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FNSHX vs. FYTKX - Expense Ratio Comparison

FNSHX has a 0.42% expense ratio, which is higher than FYTKX's 0.37% expense ratio.


Risk-Adjusted Performance

FNSHX vs. FYTKX — Risk-Adjusted Performance Rank

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

FNSHX
The Risk-Adjusted Performance Rank of FNSHX is 8484
Overall Rank
The Sharpe Ratio Rank of FNSHX is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of FNSHX is 8686
Sortino Ratio Rank
The Omega Ratio Rank of FNSHX is 8484
Omega Ratio Rank
The Calmar Ratio Rank of FNSHX is 8080
Calmar Ratio Rank
The Martin Ratio Rank of FNSHX is 8787
Martin Ratio Rank

FYTKX
The Risk-Adjusted Performance Rank of FYTKX is 8484
Overall Rank
The Sharpe Ratio Rank of FYTKX is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of FYTKX is 8585
Sortino Ratio Rank
The Omega Ratio Rank of FYTKX is 8585
Omega Ratio Rank
The Calmar Ratio Rank of FYTKX is 8080
Calmar Ratio Rank
The Martin Ratio Rank of FYTKX is 8787
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.

FNSHX vs. FYTKX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Income Fund Class K (FNSHX) and Fidelity Freedom Income Fund Class K6 (FYTKX). 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 FNSHX Sharpe Ratio is 1.16, which is comparable to the FYTKX Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of FNSHX and FYTKX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FNSHX vs. FYTKX - Dividend Comparison

FNSHX's dividend yield for the trailing twelve months is around 2.85%, less than FYTKX's 3.04% yield.


TTM20242023202220212020201920182017
FNSHX
Fidelity Freedom Income Fund Class K
2.85%3.16%2.98%3.49%2.47%1.24%2.05%2.11%1.16%
FYTKX
Fidelity Freedom Income Fund Class K6
3.04%3.35%3.13%3.57%2.55%1.29%2.11%2.22%1.24%

Drawdowns

FNSHX vs. FYTKX - Drawdown Comparison

The maximum FNSHX drawdown since its inception was -19.27%, roughly equal to the maximum FYTKX drawdown of -19.23%. Use the drawdown chart below to compare losses from any high point for FNSHX and FYTKX. For additional features, visit the drawdowns tool.


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Volatility

FNSHX vs. FYTKX - Volatility Comparison

Fidelity Freedom Income Fund Class K (FNSHX) and Fidelity Freedom Income Fund Class K6 (FYTKX) have volatilities of 1.63% and 1.64%, 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.


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