Correlation
The correlation between FWTKX and FFEZX 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.
FWTKX vs. FFEZX
Compare and contrast key facts about Fidelity Freedom 2035 Fund Class K6 (FWTKX) and Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX).
FWTKX is managed by Fidelity. It was launched on Nov 6, 2003. FFEZX is managed by Fidelity. It was launched on Oct 2, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FWTKX or FFEZX.
Performance
FWTKX vs. FFEZX - Performance Comparison
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Key characteristics
FWTKX:
0.86
FFEZX:
0.90
FWTKX:
1.15
FFEZX:
1.19
FWTKX:
1.16
FFEZX:
1.16
FWTKX:
0.84
FFEZX:
0.86
FWTKX:
3.60
FFEZX:
3.78
FWTKX:
2.70%
FFEZX:
2.52%
FWTKX:
12.79%
FFEZX:
12.07%
FWTKX:
-28.78%
FFEZX:
-35.67%
FWTKX:
-0.12%
FFEZX:
-0.21%
Returns By Period
In the year-to-date period, FWTKX achieves a 5.77% return, which is significantly higher than FFEZX's 4.39% return.
FWTKX
5.77%
4.24%
3.28%
10.92%
9.20%
10.84%
N/A
FFEZX
4.39%
3.29%
2.11%
10.75%
8.40%
9.21%
N/A
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FWTKX vs. FFEZX - Expense Ratio Comparison
FWTKX has a 0.48% expense ratio, which is higher than FFEZX's 0.08% expense ratio.
Risk-Adjusted Performance
FWTKX vs. FFEZX — Risk-Adjusted Performance Rank
FWTKX
FFEZX
FWTKX vs. FFEZX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2035 Fund Class K6 (FWTKX) and Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX). 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.
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Dividends
FWTKX vs. FFEZX - Dividend Comparison
FWTKX's dividend yield for the trailing twelve months is around 4.93%, more than FFEZX's 2.66% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
---|---|---|---|---|---|---|---|---|---|---|---|
FWTKX Fidelity Freedom 2035 Fund Class K6 | 4.93% | 3.24% | 2.20% | 11.54% | 11.87% | 6.18% | 7.06% | 8.15% | 3.03% | 0.00% | 0.00% |
FFEZX Fidelity Freedom Index 2035 Fund Institutional Premium Class | 2.66% | 2.54% | 2.13% | 2.08% | 2.04% | 2.18% | 16.18% | 2.27% | 1.85% | 2.01% | 2.06% |
Drawdowns
FWTKX vs. FFEZX - Drawdown Comparison
The maximum FWTKX drawdown since its inception was -28.78%, smaller than the maximum FFEZX drawdown of -35.67%. Use the drawdown chart below to compare losses from any high point for FWTKX and FFEZX.
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Volatility
FWTKX vs. FFEZX - Volatility Comparison
Fidelity Freedom 2035 Fund Class K6 (FWTKX) and Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX) have volatilities of 2.58% and 2.64%, 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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