FPIFX vs. FKIFX
Compare and contrast key facts about Fidelity Freedom Index 2020 Fund Investor Class (FPIFX) and Fidelity Freedom Index 2010 Fund Investor Class (FKIFX).
FPIFX is managed by Fidelity. It was launched on Oct 2, 2009. FKIFX 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: FPIFX or FKIFX.
Correlation
The correlation between FPIFX and FKIFX 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
FPIFX vs. FKIFX - Performance Comparison
Key characteristics
FPIFX:
1.04
FKIFX:
1.22
FPIFX:
1.45
FKIFX:
1.74
FPIFX:
1.19
FKIFX:
1.22
FPIFX:
1.00
FKIFX:
0.73
FPIFX:
4.08
FKIFX:
4.72
FPIFX:
1.75%
FKIFX:
1.27%
FPIFX:
6.87%
FKIFX:
4.93%
FPIFX:
-27.84%
FKIFX:
-21.99%
FPIFX:
-1.62%
FKIFX:
-2.07%
Returns By Period
In the year-to-date period, FPIFX achieves a 2.98% return, which is significantly higher than FKIFX's 2.10% return. Over the past 10 years, FPIFX has outperformed FKIFX with an annualized return of 3.46%, while FKIFX has yielded a comparatively lower 1.83% annualized return.
FPIFX
2.98%
2.20%
0.76%
7.41%
3.55%
3.46%
FKIFX
2.10%
1.55%
0.70%
6.27%
1.90%
1.83%
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FPIFX vs. FKIFX - Expense Ratio Comparison
Both FPIFX and FKIFX 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
FPIFX vs. FKIFX — Risk-Adjusted Performance Rank
FPIFX
FKIFX
FPIFX vs. FKIFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2020 Fund Investor Class (FPIFX) and Fidelity Freedom Index 2010 Fund Investor Class (FKIFX). 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
FPIFX vs. FKIFX - Dividend Comparison
FPIFX's dividend yield for the trailing twelve months is around 2.81%, less than FKIFX's 3.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
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% |
Drawdowns
FPIFX vs. FKIFX - Drawdown Comparison
The maximum FPIFX drawdown since its inception was -27.84%, which is greater than FKIFX's maximum drawdown of -21.99%. Use the drawdown chart below to compare losses from any high point for FPIFX and FKIFX. For additional features, visit the drawdowns tool.
Volatility
FPIFX vs. FKIFX - Volatility Comparison
Fidelity Freedom Index 2020 Fund Investor Class (FPIFX) has a higher volatility of 1.61% compared to Fidelity Freedom Index 2010 Fund Investor Class (FKIFX) at 1.17%. This indicates that FPIFX's price experiences larger fluctuations and is considered to be riskier than FKIFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.