FQIPX vs. FVTKX
FQIPX (Fidelity Freedom Index 2045 Premier) and FVTKX (Fidelity Freedom 2060 Fund Class K6) are both Target Retirement Date funds from Fidelity. Over the past 5 years, FQIPX returned 9.71%/yr vs 10.25%/yr for FVTKX. Their 0.98 correlation means they have historically moved very closely together. FQIPX charges 0.05%/yr vs 0.50%/yr for FVTKX.
Performance
FQIPX vs. FVTKX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FQIPX achieves a 10.14% return, which is significantly lower than FVTKX's 12.18% return.
FQIPX
- 1D
- 1.92%
- 1M
- -0.47%
- 6M
- 7.09%
- YTD
- 10.14%
- 1Y
- 21.69%
- 3Y*
- 17.23%
- 5Y*
- 9.71%
- 10Y*
- —
- ALL TIME*
- 13.74%
FVTKX
- 1D
- 2.30%
- 1M
- -1.16%
- 6M
- 8.04%
- YTD
- 12.18%
- 1Y
- 24.86%
- 3Y*
- 18.16%
- 5Y*
- 10.25%
- 10Y*
- —
- ALL TIME*
- 11.73%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FQIPX vs. FVTKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FQIPX Fidelity Freedom Index 2045 Premier | 10.14% | 21.43% | 16.55% | 19.98% | -18.13% | 15.95% | 23.50% |
FVTKX Fidelity Freedom 2060 Fund Class K6 | 12.18% | 24.13% | 14.37% | 20.86% | -18.11% | 16.79% | 23.82% |
Correlation
The correlation between FQIPX and FVTKX is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.99 |
Correlation (3Y) Balances recent behavior with more history. | 0.98 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.99 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 2020 | 0.98 |
The correlation between FQIPX and FVTKX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FQIPX vs. FVTKX — Risk / Return Rank
FQIPX
FVTKX
FQIPX vs. FVTKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2045 Premier (FQIPX) and Fidelity Freedom 2060 Fund Class K6 (FVTKX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FQIPX | FVTKX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.02 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.29 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 2.37 | -0.10 |
| Martin ratioReturn relative to average drawdown | 9.37 | 9.90 | -0.53 |
Loading charts...
Drawdowns
FQIPX vs. FVTKX - Drawdown Comparison
The maximum FQIPX drawdown since its inception was -26.16%, smaller than the maximum FVTKX drawdown of -30.94%. Use the drawdown chart below to compare losses from any high point for FQIPX and FVTKX.
Loading charts...
Drawdown Indicators
| FQIPX | FVTKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.16% | -30.94% | +4.78% |
Max Drawdown (1Y)Largest decline over 1 year | -8.84% | -9.81% | +0.97% |
Max Drawdown (3Y)Largest decline over 3 years | -14.68% | -15.35% | +0.67% |
Max Drawdown (5Y)Largest decline over 5 years | -26.16% | -27.12% | +0.96% |
Current DrawdownCurrent decline from peak | -1.91% | -2.50% | +0.59% |
Average DrawdownAverage peak-to-trough decline | -5.24% | -5.39% | +0.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.14% | 2.35% | -0.21% |
Volatility
FQIPX vs. FVTKX - Volatility Comparison
The current volatility for Fidelity Freedom Index 2045 Premier (FQIPX) is 3.71%, while Fidelity Freedom 2060 Fund Class K6 (FVTKX) has a volatility of 4.44%. This indicates that FQIPX experiences smaller price fluctuations and is considered to be less risky than FVTKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FQIPX | FVTKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.71% | 4.44% | -0.73% |
Volatility (6M)Calculated over the trailing 6-month period | 10.63% | 12.51% | -1.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.68% | 14.54% | -1.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.55% | 15.31% | -0.76% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.24% | 15.95% | -1.71% |
FQIPX vs. FVTKX - Expense Ratio Comparison
FQIPX has a 0.05% expense ratio, which is lower than FVTKX's 0.50% expense ratio.
Dividends
FQIPX vs. FVTKX - Dividend Comparison
FQIPX's dividend yield for the trailing twelve months is around 1.99%, less than FVTKX's 5.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
FQIPX Fidelity Freedom Index 2045 Premier | 1.99% | 2.08% | 4.09% | 2.00% | 2.10% | 2.05% | 1.73% | 0.00% | 0.00% | 0.00% |
FVTKX Fidelity Freedom 2060 Fund Class K6 | 5.12% | 3.87% | 2.52% | 2.26% | 10.84% | 10.41% | 4.04% | 6.19% | 6.19% | 2.46% |
Frequently Asked Questions
With a correlation of 0.99, FQIPX and FVTKX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FVTKX has higher volatility (4.44%) compared to FQIPX (3.71%). In terms of maximum drawdown, FQIPX dropped -26.16% vs FVTKX's -30.94%.
FVTKX currently has the higher Sharpe Ratio (1.60 vs 1.58), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FQIPX and FVTKX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer