FZTKX vs. FDEWX
Compare and contrast key facts about Fidelity Freedom 2050 Fund Class K6 (FZTKX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX).
FZTKX is managed by Fidelity. It was launched on Jun 1, 2006. FDEWX is managed by Fidelity. It was launched on Jun 1, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZTKX or FDEWX.
Correlation
The correlation between FZTKX and FDEWX 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.
Performance
FZTKX vs. FDEWX - Performance Comparison
Key characteristics
FZTKX:
0.52
FDEWX:
0.66
FZTKX:
0.83
FDEWX:
1.02
FZTKX:
1.12
FDEWX:
1.15
FZTKX:
0.55
FDEWX:
0.70
FZTKX:
2.38
FDEWX:
3.16
FZTKX:
3.59%
FDEWX:
3.29%
FZTKX:
16.59%
FDEWX:
15.69%
FZTKX:
-35.36%
FDEWX:
-34.73%
FZTKX:
-5.05%
FDEWX:
-4.62%
Returns By Period
In the year-to-date period, FZTKX achieves a 0.81% return, which is significantly higher than FDEWX's 0.51% return.
FZTKX
0.81%
0.73%
-1.01%
9.64%
7.95%
N/A
FDEWX
0.51%
0.70%
-0.22%
11.40%
11.68%
7.13%
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FZTKX vs. FDEWX - Expense Ratio Comparison
FZTKX has a 0.50% expense ratio, which is higher than FDEWX's 0.12% expense ratio.
Risk-Adjusted Performance
FZTKX vs. FDEWX — Risk-Adjusted Performance Rank
FZTKX
FDEWX
FZTKX vs. FDEWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2050 Fund Class K6 (FZTKX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX). 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
FZTKX vs. FDEWX - Dividend Comparison
FZTKX's dividend yield for the trailing twelve months is around 1.67%, less than FDEWX's 1.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZTKX Fidelity Freedom 2050 Fund Class K6 | 1.67% | 1.68% | 1.55% | 2.33% | 2.50% | 1.24% | 1.71% | 2.06% | 1.29% | 0.00% | 0.00% | 0.00% |
FDEWX Fidelity Freedom Index 2055 Fund Investor Class | 1.96% | 1.97% | 1.92% | 1.94% | 1.51% | 1.35% | 1.69% | 2.15% | 1.69% | 2.26% | 2.29% | 1.89% |
Drawdowns
FZTKX vs. FDEWX - Drawdown Comparison
The maximum FZTKX drawdown since its inception was -35.36%, roughly equal to the maximum FDEWX drawdown of -34.73%. Use the drawdown chart below to compare losses from any high point for FZTKX and FDEWX. For additional features, visit the drawdowns tool.
Volatility
FZTKX vs. FDEWX - Volatility Comparison
Fidelity Freedom 2050 Fund Class K6 (FZTKX) and Fidelity Freedom Index 2055 Fund Investor Class (FDEWX) have volatilities of 11.48% and 11.12%, 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.