PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FVTKX vs. FDKVX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FVTKX and FDKVX is 1.00, 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.


-0.50.00.51.01.0

Performance

FVTKX vs. FDKVX - 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 2060 Fund (FDKVX). The values are adjusted to include any dividend payments, if applicable.

35.00%40.00%45.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
46.97%
44.35%
FVTKX
FDKVX

Key characteristics

Sharpe Ratio

FVTKX:

1.45

FDKVX:

1.42

Sortino Ratio

FVTKX:

2.03

FDKVX:

1.98

Omega Ratio

FVTKX:

1.26

FDKVX:

1.26

Calmar Ratio

FVTKX:

1.04

FDKVX:

0.98

Martin Ratio

FVTKX:

8.89

FDKVX:

8.66

Ulcer Index

FVTKX:

1.89%

FDKVX:

1.89%

Daily Std Dev

FVTKX:

11.52%

FDKVX:

11.55%

Max Drawdown

FVTKX:

-34.32%

FDKVX:

-34.53%

Current Drawdown

FVTKX:

-3.94%

FDKVX:

-3.95%

Returns By Period

The year-to-date returns for both stocks are quite close, with FVTKX having a 14.56% return and FDKVX slightly lower at 14.15%.


FVTKX

YTD

14.56%

1M

-0.87%

6M

4.20%

1Y

15.41%

5Y*

5.03%

10Y*

N/A

FDKVX

YTD

14.15%

1M

-0.87%

6M

4.07%

1Y

15.13%

5Y*

4.77%

10Y*

5.37%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FVTKX vs. FDKVX - Expense Ratio Comparison

FVTKX has a 0.50% expense ratio, which is lower than FDKVX's 0.75% expense ratio.


FDKVX
Fidelity Freedom 2060 Fund
Expense ratio chart for FDKVX: current value at 0.75% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.75%
Expense ratio chart for FVTKX: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

FVTKX vs. FDKVX - 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 2060 Fund (FDKVX). 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.


Sharpe ratio
The chart of Sharpe ratio for FVTKX, currently valued at 1.45, compared to the broader market-1.000.001.002.003.004.001.451.42
The chart of Sortino ratio for FVTKX, currently valued at 2.03, compared to the broader market-2.000.002.004.006.008.0010.002.031.98
The chart of Omega ratio for FVTKX, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.003.501.261.26
The chart of Calmar ratio for FVTKX, currently valued at 1.04, compared to the broader market0.002.004.006.008.0010.0012.0014.001.040.98
The chart of Martin ratio for FVTKX, currently valued at 8.89, compared to the broader market0.0020.0040.0060.008.898.66
FVTKX
FDKVX

The current FVTKX Sharpe Ratio is 1.45, which is comparable to the FDKVX Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of FVTKX and FDKVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.45
1.42
FVTKX
FDKVX

Dividends

FVTKX vs. FDKVX - Dividend Comparison

FVTKX's dividend yield for the trailing twelve months is around 1.33%, more than FDKVX's 1.09% yield.


TTM2023202220212020201920182017201620152014
FVTKX
Fidelity Freedom 2060 Fund Class K6
1.33%1.53%2.30%2.45%1.21%1.70%1.88%1.23%0.00%0.00%0.00%
FDKVX
Fidelity Freedom 2060 Fund
1.09%1.25%2.10%2.23%1.03%1.49%1.53%1.08%1.28%1.96%2.68%

Drawdowns

FVTKX vs. FDKVX - Drawdown Comparison

The maximum FVTKX drawdown since its inception was -34.32%, roughly equal to the maximum FDKVX drawdown of -34.53%. Use the drawdown chart below to compare losses from any high point for FVTKX and FDKVX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.94%
-3.95%
FVTKX
FDKVX

Volatility

FVTKX vs. FDKVX - Volatility Comparison

Fidelity Freedom 2060 Fund Class K6 (FVTKX) and Fidelity Freedom 2060 Fund (FDKVX) have volatilities of 3.32% and 3.33%, 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.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.32%
3.33%
FVTKX
FDKVX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab