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FSKGX vs. FNSBX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSKGX and FNSBX is 0.88, 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

FSKGX vs. FNSBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth Strategies K6 Fund (FSKGX) and Fidelity Freedom 2050 Fund Class K (FNSBX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FSKGX:

0.56

FNSBX:

0.47

Sortino Ratio

FSKGX:

0.90

FNSBX:

0.75

Omega Ratio

FSKGX:

1.13

FNSBX:

1.10

Calmar Ratio

FSKGX:

0.45

FNSBX:

0.50

Martin Ratio

FSKGX:

1.44

FNSBX:

2.08

Ulcer Index

FSKGX:

10.40%

FNSBX:

3.68%

Daily Std Dev

FSKGX:

27.73%

FNSBX:

16.79%

Max Drawdown

FSKGX:

-49.53%

FNSBX:

-35.44%

Current Drawdown

FSKGX:

-11.98%

FNSBX:

-1.73%

Returns By Period

In the year-to-date period, FSKGX achieves a 8.26% return, which is significantly higher than FNSBX's 4.32% return.


FSKGX

YTD

8.26%

1M

20.06%

6M

-0.42%

1Y

15.38%

3Y*

17.56%

5Y*

7.26%

10Y*

N/A

FNSBX

YTD

4.32%

1M

8.54%

6M

2.61%

1Y

7.82%

3Y*

10.98%

5Y*

8.07%

10Y*

N/A

*Annualized

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FSKGX vs. FNSBX - Expense Ratio Comparison

FSKGX has a 0.45% expense ratio, which is lower than FNSBX's 0.65% expense ratio.


Risk-Adjusted Performance

FSKGX vs. FNSBX — Risk-Adjusted Performance Rank

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

FSKGX
The Risk-Adjusted Performance Rank of FSKGX is 5353
Overall Rank
The Sharpe Ratio Rank of FSKGX is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of FSKGX is 5555
Sortino Ratio Rank
The Omega Ratio Rank of FSKGX is 5454
Omega Ratio Rank
The Calmar Ratio Rank of FSKGX is 5656
Calmar Ratio Rank
The Martin Ratio Rank of FSKGX is 4545
Martin Ratio Rank

FNSBX
The Risk-Adjusted Performance Rank of FNSBX is 5151
Overall Rank
The Sharpe Ratio Rank of FNSBX is 4848
Sharpe Ratio Rank
The Sortino Ratio Rank of FNSBX is 4545
Sortino Ratio Rank
The Omega Ratio Rank of FNSBX is 4545
Omega Ratio Rank
The Calmar Ratio Rank of FNSBX is 5959
Calmar Ratio Rank
The Martin Ratio Rank of FNSBX is 5656
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.

FSKGX vs. FNSBX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies K6 Fund (FSKGX) and Fidelity Freedom 2050 Fund Class K (FNSBX). 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 FSKGX Sharpe Ratio is 0.56, which is comparable to the FNSBX Sharpe Ratio of 0.47. The chart below compares the historical Sharpe Ratios of FSKGX and FNSBX, 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

FSKGX vs. FNSBX - Dividend Comparison

FSKGX's dividend yield for the trailing twelve months is around 0.14%, less than FNSBX's 1.42% yield.


TTM20242023202220212020201920182017
FSKGX
Fidelity Growth Strategies K6 Fund
0.14%0.16%0.32%0.27%0.00%0.11%0.50%0.85%0.30%
FNSBX
Fidelity Freedom 2050 Fund Class K
1.42%1.48%1.41%2.17%2.32%1.10%1.56%1.74%1.27%

Drawdowns

FSKGX vs. FNSBX - Drawdown Comparison

The maximum FSKGX drawdown since its inception was -49.53%, which is greater than FNSBX's maximum drawdown of -35.44%. Use the drawdown chart below to compare losses from any high point for FSKGX and FNSBX. For additional features, visit the drawdowns tool.


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Volatility

FSKGX vs. FNSBX - Volatility Comparison

Fidelity Growth Strategies K6 Fund (FSKGX) has a higher volatility of 7.61% compared to Fidelity Freedom 2050 Fund Class K (FNSBX) at 4.66%. This indicates that FSKGX's price experiences larger fluctuations and is considered to be riskier than FNSBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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