FWTKX vs. FIHFX
Compare and contrast key facts about Fidelity Freedom 2035 Fund Class K6 (FWTKX) and Fidelity Freedom Index 2035 Fund Investor Class (FIHFX).
FWTKX is managed by Fidelity. It was launched on Nov 6, 2003. FIHFX 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 FIHFX.
Correlation
The correlation between FWTKX and FIHFX is 0.98, 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
FWTKX vs. FIHFX - Performance Comparison
Key characteristics
FWTKX:
1.37
FIHFX:
1.57
FWTKX:
1.95
FIHFX:
2.20
FWTKX:
1.24
FIHFX:
1.28
FWTKX:
0.88
FIHFX:
2.77
FWTKX:
6.78
FIHFX:
8.14
FWTKX:
1.91%
FIHFX:
1.68%
FWTKX:
9.48%
FIHFX:
8.74%
FWTKX:
-33.63%
FIHFX:
-35.66%
FWTKX:
-3.30%
FIHFX:
-0.08%
Returns By Period
In the year-to-date period, FWTKX achieves a 4.62% return, which is significantly higher than FIHFX's 4.11% return.
FWTKX
4.62%
3.03%
3.36%
13.39%
3.54%
N/A
FIHFX
4.11%
2.88%
4.11%
14.14%
7.30%
6.33%
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FWTKX vs. FIHFX - Expense Ratio Comparison
FWTKX has a 0.48% expense ratio, which is higher than FIHFX's 0.12% expense ratio.
Risk-Adjusted Performance
FWTKX vs. FIHFX — Risk-Adjusted Performance Rank
FWTKX
FIHFX
FWTKX vs. FIHFX - 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 Investor Class (FIHFX). 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.
Dividends
FWTKX vs. FIHFX - Dividend Comparison
FWTKX's dividend yield for the trailing twelve months is around 2.12%, less than FIHFX's 2.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FWTKX Fidelity Freedom 2035 Fund Class K6 | 2.12% | 2.22% | 1.94% | 2.48% | 2.52% | 1.25% | 1.75% | 2.06% | 1.29% | 0.00% | 0.00% | 0.00% |
FIHFX Fidelity Freedom Index 2035 Fund Investor Class | 2.22% | 2.31% | 2.10% | 1.93% | 1.47% | 1.40% | 1.82% | 2.15% | 1.72% | 1.90% | 2.03% | 3.37% |
Drawdowns
FWTKX vs. FIHFX - Drawdown Comparison
The maximum FWTKX drawdown since its inception was -33.63%, smaller than the maximum FIHFX drawdown of -35.66%. Use the drawdown chart below to compare losses from any high point for FWTKX and FIHFX. For additional features, visit the drawdowns tool.
Volatility
FWTKX vs. FIHFX - Volatility Comparison
Fidelity Freedom 2035 Fund Class K6 (FWTKX) has a higher volatility of 2.59% compared to Fidelity Freedom Index 2035 Fund Investor Class (FIHFX) at 2.22%. This indicates that FWTKX's price experiences larger fluctuations and is considered to be riskier than FIHFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.