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FVTKX vs. FDKLX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FVTKX and FDKLX is 0.92, 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

FVTKX vs. FDKLX - Performance Comparison

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

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Key characteristics

Sharpe Ratio

FVTKX:

0.55

FDKLX:

0.76

Sortino Ratio

FVTKX:

0.89

FDKLX:

1.18

Omega Ratio

FVTKX:

1.12

FDKLX:

1.17

Calmar Ratio

FVTKX:

0.60

FDKLX:

0.82

Martin Ratio

FVTKX:

2.51

FDKLX:

3.64

Ulcer Index

FVTKX:

3.65%

FDKLX:

3.33%

Daily Std Dev

FVTKX:

16.55%

FDKLX:

15.71%

Max Drawdown

FVTKX:

-30.95%

FDKLX:

-30.73%

Current Drawdown

FVTKX:

-2.67%

FDKLX:

-0.68%

Returns By Period

In the year-to-date period, FVTKX achieves a 3.31% return, which is significantly lower than FDKLX's 4.64% return.


FVTKX

YTD

3.31%

1M

7.78%

6M

0.75%

1Y

9.09%

5Y*

13.66%

10Y*

N/A

FDKLX

YTD

4.64%

1M

9.22%

6M

2.76%

1Y

11.87%

5Y*

12.71%

10Y*

8.59%

*Annualized

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FVTKX vs. FDKLX - Expense Ratio Comparison

FVTKX has a 0.50% expense ratio, which is higher than FDKLX's 0.12% expense ratio.


Risk-Adjusted Performance

FVTKX vs. FDKLX — Risk-Adjusted Performance Rank

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

FVTKX
The Risk-Adjusted Performance Rank of FVTKX is 5959
Overall Rank
The Sharpe Ratio Rank of FVTKX is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of FVTKX is 5353
Sortino Ratio Rank
The Omega Ratio Rank of FVTKX is 5454
Omega Ratio Rank
The Calmar Ratio Rank of FVTKX is 6767
Calmar Ratio Rank
The Martin Ratio Rank of FVTKX is 6565
Martin Ratio Rank

FDKLX
The Risk-Adjusted Performance Rank of FDKLX is 7474
Overall Rank
The Sharpe Ratio Rank of FDKLX is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of FDKLX is 6969
Sortino Ratio Rank
The Omega Ratio Rank of FDKLX is 7373
Omega Ratio Rank
The Calmar Ratio Rank of FDKLX is 7979
Calmar Ratio Rank
The Martin Ratio Rank of FDKLX is 7979
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.

FVTKX vs. FDKLX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2060 Fund Class K6 (FVTKX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX). 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 FVTKX Sharpe Ratio is 0.55, which is comparable to the FDKLX Sharpe Ratio of 0.76. The chart below compares the historical Sharpe Ratios of FVTKX and FDKLX, 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

FVTKX vs. FDKLX - Dividend Comparison

FVTKX's dividend yield for the trailing twelve months is around 1.63%, less than FDKLX's 1.88% yield.


TTM20242023202220212020201920182017201620152014
FVTKX
Fidelity Freedom 2060 Fund Class K6
1.63%1.69%1.53%2.30%2.45%1.21%1.70%1.88%1.23%0.00%0.00%0.00%
FDKLX
Fidelity Freedom Index 2060 Fund Investor Class
1.88%1.94%1.89%1.99%1.86%1.79%6.74%2.37%2.12%2.41%1.82%1.56%

Drawdowns

FVTKX vs. FDKLX - Drawdown Comparison

The maximum FVTKX drawdown since its inception was -30.95%, roughly equal to the maximum FDKLX drawdown of -30.73%. Use the drawdown chart below to compare losses from any high point for FVTKX and FDKLX. For additional features, visit the drawdowns tool.


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Volatility

FVTKX vs. FDKLX - Volatility Comparison

Fidelity Freedom 2060 Fund Class K6 (FVTKX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) have volatilities of 4.03% and 4.10%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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