FOTKX vs. ^GSPC
Compare and contrast key facts about Fidelity Freedom 2010 Fund Class K6 (FOTKX) and S&P 500 (^GSPC).
FOTKX is managed by Fidelity. It was launched on Oct 17, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FOTKX or ^GSPC.
Correlation
The correlation between FOTKX and ^GSPC is 0.77, 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
FOTKX vs. ^GSPC - Performance Comparison
Key characteristics
FOTKX:
1.59
^GSPC:
1.62
FOTKX:
2.33
^GSPC:
2.20
FOTKX:
1.29
^GSPC:
1.30
FOTKX:
0.67
^GSPC:
2.46
FOTKX:
6.59
^GSPC:
10.01
FOTKX:
1.25%
^GSPC:
2.08%
FOTKX:
5.19%
^GSPC:
12.88%
FOTKX:
-23.84%
^GSPC:
-56.78%
FOTKX:
-4.83%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, FOTKX achieves a 2.39% return, which is significantly higher than ^GSPC's 2.24% return.
FOTKX
2.39%
1.14%
1.04%
7.82%
0.59%
N/A
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
FOTKX vs. ^GSPC — Risk-Adjusted Performance Rank
FOTKX
^GSPC
FOTKX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2010 Fund Class K6 (FOTKX) 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.
Drawdowns
FOTKX vs. ^GSPC - Drawdown Comparison
The maximum FOTKX drawdown since its inception was -23.84%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FOTKX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
FOTKX vs. ^GSPC - Volatility Comparison
The current volatility for Fidelity Freedom 2010 Fund Class K6 (FOTKX) is 1.26%, while S&P 500 (^GSPC) has a volatility of 3.43%. This indicates that FOTKX 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.