FZTKX vs. FFOPX
Compare and contrast key facts about Fidelity Freedom 2050 Fund Class K6 (FZTKX) and Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX).
FZTKX is managed by Fidelity. It was launched on Jun 1, 2006. FFOPX 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: FZTKX or FFOPX.
Correlation
The correlation between FZTKX and FFOPX 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. FFOPX - Performance Comparison
Key characteristics
FZTKX:
0.51
FFOPX:
0.65
FZTKX:
0.82
FFOPX:
1.01
FZTKX:
1.11
FFOPX:
1.14
FZTKX:
0.55
FFOPX:
0.69
FZTKX:
2.34
FFOPX:
3.09
FZTKX:
3.60%
FFOPX:
3.29%
FZTKX:
16.53%
FFOPX:
15.62%
FZTKX:
-35.36%
FFOPX:
-37.18%
FZTKX:
-4.77%
FFOPX:
-4.38%
Returns By Period
In the year-to-date period, FZTKX achieves a 1.10% return, which is significantly higher than FFOPX's 0.77% return.
FZTKX
1.10%
0.51%
0.63%
10.14%
8.00%
N/A
FFOPX
0.77%
0.50%
1.37%
11.83%
11.73%
N/A
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FZTKX vs. FFOPX - Expense Ratio Comparison
FZTKX has a 0.50% expense ratio, which is higher than FFOPX's 0.08% expense ratio.
Risk-Adjusted Performance
FZTKX vs. FFOPX — Risk-Adjusted Performance Rank
FZTKX
FFOPX
FZTKX vs. FFOPX - 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 2050 Fund Institutional Premium Class (FFOPX). 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. FFOPX - Dividend Comparison
FZTKX's dividend yield for the trailing twelve months is around 1.66%, less than FFOPX's 2.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FZTKX Fidelity Freedom 2050 Fund Class K6 | 1.66% | 1.68% | 1.55% | 2.33% | 2.50% | 1.24% | 1.71% | 2.06% | 1.29% | 0.00% | 0.00% |
FFOPX Fidelity Freedom Index 2050 Fund Institutional Premium Class | 2.00% | 2.02% | 1.98% | 2.01% | 1.62% | 1.41% | 1.81% | 2.24% | 1.76% | 2.09% | 2.01% |
Drawdowns
FZTKX vs. FFOPX - Drawdown Comparison
The maximum FZTKX drawdown since its inception was -35.36%, roughly equal to the maximum FFOPX drawdown of -37.18%. Use the drawdown chart below to compare losses from any high point for FZTKX and FFOPX. For additional features, visit the drawdowns tool.
Volatility
FZTKX vs. FFOPX - Volatility Comparison
Fidelity Freedom 2050 Fund Class K6 (FZTKX) and Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX) have volatilities of 11.47% 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.