Correlation
The correlation between FWTKX and VOO 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. VOO
Compare and contrast key facts about Fidelity Freedom 2035 Fund Class K6 (FWTKX) and Vanguard S&P 500 ETF (VOO).
FWTKX is managed by Fidelity. It was launched on Nov 6, 2003. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FWTKX or VOO.
Performance
FWTKX vs. VOO - Performance Comparison
Loading data...
Key characteristics
FWTKX:
0.86
VOO:
0.74
FWTKX:
1.15
VOO:
1.04
FWTKX:
1.16
VOO:
1.15
FWTKX:
0.84
VOO:
0.68
FWTKX:
3.60
VOO:
2.58
FWTKX:
2.69%
VOO:
4.93%
FWTKX:
12.75%
VOO:
19.54%
FWTKX:
-28.78%
VOO:
-33.99%
FWTKX:
-0.19%
VOO:
-3.55%
Returns By Period
In the year-to-date period, FWTKX achieves a 5.71% return, which is significantly higher than VOO's 0.90% return.
FWTKX
5.71%
4.11%
2.65%
10.85%
9.28%
10.82%
N/A
VOO
0.90%
6.28%
-1.46%
14.27%
14.31%
15.89%
12.81%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FWTKX vs. VOO - Expense Ratio Comparison
FWTKX has a 0.48% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FWTKX vs. VOO — Risk-Adjusted Performance Rank
FWTKX
VOO
FWTKX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2035 Fund Class K6 (FWTKX) and Vanguard S&P 500 ETF (VOO). 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.
Loading data...
Dividends
FWTKX vs. VOO - Dividend Comparison
FWTKX's dividend yield for the trailing twelve months is around 4.94%, more than VOO's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FWTKX Fidelity Freedom 2035 Fund Class K6 | 4.94% | 3.24% | 2.20% | 11.54% | 11.87% | 6.18% | 7.06% | 8.15% | 3.03% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.29% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FWTKX vs. VOO - Drawdown Comparison
The maximum FWTKX drawdown since its inception was -28.78%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FWTKX and VOO.
Loading data...
Volatility
FWTKX vs. VOO - Volatility Comparison
The current volatility for Fidelity Freedom 2035 Fund Class K6 (FWTKX) is 2.59%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.84%. This indicates that FWTKX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...