FSNOX vs. FSKAX
Compare and contrast key facts about Fidelity Freedom 2020 Fund Class K (FSNOX) and Fidelity Total Market Index Fund (FSKAX).
FSNOX is managed by Fidelity. It was launched on Jul 20, 2017. FSKAX is managed by Fidelity.
Performance
FSNOX vs. FSKAX - Performance Comparison
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FSNOX vs. FSKAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSNOX Fidelity Freedom 2020 Fund Class K | 0.13% | 14.92% | 11.17% | 13.00% | -16.04% | 9.09% | 13.64% | 18.14% | -5.26% | 5.18% |
FSKAX Fidelity Total Market Index Fund | -3.98% | 17.06% | 23.89% | 26.12% | -19.53% | 25.66% | 20.79% | 30.92% | -5.32% | 8.66% |
Returns By Period
In the year-to-date period, FSNOX achieves a 0.13% return, which is significantly higher than FSKAX's -3.98% return.
FSNOX
- 1D
- 1.45%
- 1M
- -3.46%
- YTD
- 0.13%
- 6M
- 2.00%
- 1Y
- 12.79%
- 3Y*
- 11.13%
- 5Y*
- 5.13%
- 10Y*
- —
FSKAX
- 1D
- 2.99%
- 1M
- -5.06%
- YTD
- -3.98%
- 6M
- -2.04%
- 1Y
- 17.68%
- 3Y*
- 17.87%
- 5Y*
- 10.50%
- 10Y*
- 13.56%
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FSNOX vs. FSKAX - Expense Ratio Comparison
FSNOX has a 0.51% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Return for Risk
FSNOX vs. FSKAX — Risk / Return Rank
FSNOX
FSKAX
FSNOX vs. FSKAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2020 Fund Class K (FSNOX) and Fidelity Total Market Index Fund (FSKAX). 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.
| FSNOX | FSKAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.57 | 0.98 | +0.60 |
Sortino ratioReturn per unit of downside risk | 2.21 | 1.49 | +0.72 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.23 | +0.11 |
Calmar ratioReturn relative to maximum drawdown | 2.05 | 1.50 | +0.55 |
Martin ratioReturn relative to average drawdown | 8.75 | 7.20 | +1.55 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FSNOX | FSKAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 0.98 | +0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.61 | -0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.79 | -0.06 |
Correlation
The correlation between FSNOX and FSKAX 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.
Dividends
FSNOX vs. FSKAX - Dividend Comparison
FSNOX's dividend yield for the trailing twelve months is around 7.39%, more than FSKAX's 1.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSNOX Fidelity Freedom 2020 Fund Class K | 7.39% | 7.40% | 8.22% | 2.76% | 9.87% | 12.11% | 6.81% | 6.60% | 7.16% | 3.14% | 0.00% | 0.00% |
FSKAX Fidelity Total Market Index Fund | 1.06% | 1.01% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.07% | 2.43% | 0.82% |
Drawdowns
FSNOX vs. FSKAX - Drawdown Comparison
The maximum FSNOX drawdown since its inception was -22.49%, smaller than the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FSNOX and FSKAX.
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Drawdown Indicators
| FSNOX | FSKAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.49% | -35.01% | +12.52% |
Max Drawdown (1Y)Largest decline over 1 year | -6.19% | -12.42% | +6.23% |
Max Drawdown (5Y)Largest decline over 5 years | -22.49% | -25.39% | +2.90% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.01% | — |
Current DrawdownCurrent decline from peak | -4.00% | -6.20% | +2.20% |
Average DrawdownAverage peak-to-trough decline | -4.56% | -4.05% | -0.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.45% | 2.60% | -1.15% |
Volatility
FSNOX vs. FSKAX - Volatility Comparison
The current volatility for Fidelity Freedom 2020 Fund Class K (FSNOX) is 3.61%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 5.52%. This indicates that FSNOX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSNOX | FSKAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.61% | 5.52% | -1.91% |
Volatility (6M)Calculated over the trailing 6-month period | 5.15% | 9.85% | -4.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.46% | 18.69% | -10.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.97% | 17.42% | -8.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.34% | 18.44% | -9.10% |