FPTKX vs. ^GSPC
Compare and contrast key facts about Fidelity Freedom 2015 Fund Class K6 (FPTKX) and S&P 500 (^GSPC).
FPTKX is managed by Fidelity. It was launched on Nov 6, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FPTKX or ^GSPC.
Correlation
The correlation between FPTKX and ^GSPC is 0.83, 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
FPTKX vs. ^GSPC - Performance Comparison
Key characteristics
FPTKX:
1.36
^GSPC:
1.74
FPTKX:
1.98
^GSPC:
2.36
FPTKX:
1.25
^GSPC:
1.32
FPTKX:
0.59
^GSPC:
2.62
FPTKX:
5.89
^GSPC:
10.69
FPTKX:
1.41%
^GSPC:
2.08%
FPTKX:
6.13%
^GSPC:
12.76%
FPTKX:
-27.00%
^GSPC:
-56.78%
FPTKX:
-6.68%
^GSPC:
-0.43%
Returns By Period
In the year-to-date period, FPTKX achieves a 2.91% return, which is significantly lower than ^GSPC's 4.01% return.
FPTKX
2.91%
1.39%
1.88%
8.50%
0.48%
N/A
^GSPC
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
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Risk-Adjusted Performance
FPTKX vs. ^GSPC — Risk-Adjusted Performance Rank
FPTKX
^GSPC
FPTKX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2015 Fund Class K6 (FPTKX) 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
FPTKX vs. ^GSPC - Drawdown Comparison
The maximum FPTKX drawdown since its inception was -27.00%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FPTKX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
FPTKX vs. ^GSPC - Volatility Comparison
The current volatility for Fidelity Freedom 2015 Fund Class K6 (FPTKX) is 1.47%, while S&P 500 (^GSPC) has a volatility of 3.01%. This indicates that FPTKX 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.