Correlation
The correlation between FWTKX and TRRJX 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. TRRJX
Compare and contrast key facts about Fidelity Freedom 2035 Fund Class K6 (FWTKX) and T. Rowe Price Retirement 2035 Fund (TRRJX).
FWTKX is managed by Fidelity. It was launched on Nov 6, 2003. TRRJX is managed by T. Rowe Price. It was launched on Feb 27, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FWTKX or TRRJX.
Performance
FWTKX vs. TRRJX - Performance Comparison
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Key characteristics
FWTKX:
0.86
TRRJX:
0.67
FWTKX:
1.15
TRRJX:
0.91
FWTKX:
1.16
TRRJX:
1.13
FWTKX:
0.84
TRRJX:
0.43
FWTKX:
3.60
TRRJX:
2.67
FWTKX:
2.70%
TRRJX:
2.94%
FWTKX:
12.79%
TRRJX:
13.36%
FWTKX:
-28.78%
TRRJX:
-56.42%
FWTKX:
-0.12%
TRRJX:
-7.10%
Returns By Period
In the year-to-date period, FWTKX achieves a 5.77% return, which is significantly higher than TRRJX's 4.08% return.
FWTKX
5.77%
4.24%
3.28%
10.92%
9.20%
10.84%
N/A
TRRJX
4.08%
3.79%
0.47%
8.91%
4.89%
5.56%
3.70%
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FWTKX vs. TRRJX - Expense Ratio Comparison
FWTKX has a 0.48% expense ratio, which is lower than TRRJX's 0.59% expense ratio.
Risk-Adjusted Performance
FWTKX vs. TRRJX — Risk-Adjusted Performance Rank
FWTKX
TRRJX
FWTKX vs. TRRJX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2035 Fund Class K6 (FWTKX) and T. Rowe Price Retirement 2035 Fund (TRRJX). 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. TRRJX - Dividend Comparison
FWTKX's dividend yield for the trailing twelve months is around 4.93%, more than TRRJX's 2.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
TRRJX T. Rowe Price Retirement 2035 Fund | 2.27% | 2.36% | 4.68% | 9.68% | 6.89% | 4.80% | 5.68% | 8.55% | 3.80% | 4.36% | 5.57% | 3.66% |
Drawdowns
FWTKX vs. TRRJX - Drawdown Comparison
The maximum FWTKX drawdown since its inception was -28.78%, smaller than the maximum TRRJX drawdown of -56.42%. Use the drawdown chart below to compare losses from any high point for FWTKX and TRRJX.
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Volatility
FWTKX vs. TRRJX - Volatility Comparison
The current volatility for Fidelity Freedom 2035 Fund Class K6 (FWTKX) is 2.58%, while T. Rowe Price Retirement 2035 Fund (TRRJX) has a volatility of 2.95%. This indicates that FWTKX experiences smaller price fluctuations and is considered to be less risky than TRRJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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