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FVTKX vs. BRIAX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FVTKX vs. BRIAX

Last updated Jun 25, 2026

FVTKX (Fidelity Freedom 2060 Fund Class K6) and BRIAX (BlackRock Retirement Income 2030 Fund) are both Target Retirement Date funds. Over the past 5 years, FVTKX returned 10.22%/yr vs 2.96%/yr for BRIAX. Their correlation of 0.81 suggests significant overlap in exposure. Both charge a 0.50% expense ratio.

Performance

FVTKX vs. BRIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2060 Fund Class K6 (FVTKX) and BlackRock Retirement Income 2030 Fund (BRIAX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FVTKX achieves a 12.18% return, which is significantly higher than BRIAX's 2.81% return.

FVTKX

1D
-2.25%
1M
0.81%
YTD
12.18%
6M
11.45%
1Y
26.87%
3Y*
20.21%
5Y*
10.22%
10Y*
—

BRIAX

1D
-0.28%
1M
0.35%
YTD
2.81%
6M
3.19%
1Y
9.00%
3Y*
9.01%
5Y*
2.96%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

FVTKX vs. BRIAX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020
FVTKX
Fidelity Freedom 2060 Fund Class K6		12.18%24.13%14.37%20.86%-18.11%16.79%19.00%
BRIAX
BlackRock Retirement Income 2030 Fund		2.81%11.31%6.84%8.12%-13.54%5.52%6.89%

Correlation

The correlation between FVTKX and BRIAX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.79

Correlation (3Y)
Calculated over the trailing 3-year period

0.77

Correlation (5Y)
Calculated over the trailing 5-year period

0.81

Correlation (All Time)
Calculated using the full available price history since Jul 31, 2020

0.81

The correlation between FVTKX and BRIAX has been stable across timeframes, ranging from 0.77 to 0.81 - a consistent structural relationship.

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Fidelity Freedom 2060 Fund Class K6

BlackRock Retirement Income 2030 Fund

Often compared with FVTKX:
FVTKX vs. FXAIXFVTKX vs. FDKLXFVTKX vs. FDKVXFVTKX vs. VTTSXFVTKX vs. FLCNXFVTKX vs. FCNTXFVTKX vs. AOA
Often compared with BRIAX:
BRIAX vs. FBALXBRIAX vs. WFSPXBRIAX vs. LTRIXBRIAX vs. BDJBRIAX vs. FCQTXBRIAX vs. PMTIXBRIAX vs. ASFYX

Return for Risk

FVTKX vs. BRIAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FVTKX
FVTKX Risk / Return Rank: 6262
Overall Rank
FVTKX Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
FVTKX Sortino Ratio Rank: 5555
Sortino Ratio Rank
FVTKX Omega Ratio Rank: 5959
Omega Ratio Rank
FVTKX Calmar Ratio Rank: 6666
Calmar Ratio Rank
FVTKX Martin Ratio Rank: 7373
Martin Ratio Rank
BRIAX
BRIAX Risk / Return Rank: 4141
Overall Rank
BRIAX Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
BRIAX Sortino Ratio Rank: 4747
Sortino Ratio Rank
BRIAX Omega Ratio Rank: 4646
Omega Ratio Rank
BRIAX Calmar Ratio Rank: 3131
Calmar Ratio Rank
BRIAX Martin Ratio Rank: 4242
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FVTKX vs. BRIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2060 Fund Class K6 (FVTKX) and BlackRock Retirement Income 2030 Fund (BRIAX). 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.

FVTKXBRIAXDifference
Sharpe ratioReturn per unit of total volatility
2.06
1.63

+0.43

Sortino ratioReturn per unit of downside risk
2.81
2.49

+0.31

Omega ratioGain probability vs. loss probability

1.38

1.32

+0.06

Calmar ratioReturn relative to maximum drawdown

2.93

1.86

+1.08

Martin ratioReturn relative to average drawdown

12.78

7.99

+4.79

FVTKX vs. BRIAX - Sharpe Ratio Comparison

The current FVTKX Sharpe Ratio is 2.06, which is comparable to the BRIAX Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of FVTKX and BRIAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

FVTKX vs. BRIAX - Drawdown Comparison

The maximum FVTKX drawdown since its inception was -30.94%, which is greater than BRIAX's maximum drawdown of -18.28%. Use the drawdown chart below to compare losses from any high point for FVTKX and BRIAX.

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Drawdown Indicators

FVTKXBRIAXDifference

Max Drawdown

Largest peak-to-trough decline

-30.94%

-18.28%

-12.66%

Max Drawdown (1Y)

Largest decline over 1 year

-9.81%

-5.14%

-4.67%

Max Drawdown (3Y)

Largest decline over 3 years

-15.35%

-6.05%

-9.30%

Max Drawdown (5Y)

Largest decline over 5 years

-27.12%

-18.28%

-8.84%

Current Drawdown

Current decline from peak

-2.50%

-0.98%

-1.52%

Average Drawdown

Average peak-to-trough decline

-5.43%

-4.92%

-0.51%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.24%

1.19%

+1.05%

Volatility

FVTKX vs. BRIAX - Volatility Comparison

Fidelity Freedom 2060 Fund Class K6 (FVTKX) has a higher volatility of 6.23% compared to BlackRock Retirement Income 2030 Fund (BRIAX) at 2.14%. This indicates that FVTKX's price experiences larger fluctuations and is considered to be riskier than BRIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FVTKXBRIAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.23%

2.14%

+4.09%

Volatility (6M)

Calculated over the trailing 6-month period

11.99%

4.85%

+7.14%

Volatility (1Y)

Calculated over the trailing 1-year period

14.01%

5.87%

+8.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.25%

6.49%

+8.76%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.97%

6.24%

+9.73%

FVTKX vs. BRIAX - Expense Ratio Comparison

Both FVTKX and BRIAX have an expense ratio of 0.50%.

Dividends

FVTKX vs. BRIAX - Dividend Comparison

FVTKX's dividend yield for the trailing twelve months is around 5.12%, less than BRIAX's 8.47% yield.

PositionTTM202520242023202220212020201920182017
BRIAX
BlackRock Retirement Income 2030 Fund		8.47%8.38%8.64%5.18%6.14%5.94%2.96%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

FVTKX and BRIAX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FVTKX has higher volatility (6.23%) compared to BRIAX (2.14%). In terms of maximum drawdown, FVTKX dropped -30.94% vs BRIAX's -18.28%.

FVTKX currently has the higher Sharpe Ratio (2.06 vs 1.63), 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.

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