FZTKX vs. VDIV.DE

Last updated Jun 4, 2026

FZTKX (Fidelity Freedom 2050 Fund Class K6) and VDIV.DE (VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF) are both funds - FZTKX is a Target Retirement Date fund managed by Fidelity, while VDIV.DE is a Global Equities fund tracking the Morningstar Developed Markets Large Cap Dividend Leaders Screened Select Index. Over the past 5 years, FZTKX returned 10.67%/yr vs 16.36%/yr for VDIV.DE. A 0.60 correlation means they provide meaningful diversification when combined. FZTKX charges 0.50%/yr vs 0.38%/yr for VDIV.DE.

Performance

FZTKX vs. VDIV.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Freedom 2050 Fund Class K6 (FZTKX) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

FZTKX is traded in USD, while VDIV.DE is traded in EUR. To make them comparable, the VDIV.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, FZTKX achieves a 13.67% return, which is significantly higher than VDIV.DE's 8.24% return.

FZTKX

• 1D: 0.57%
• 1M: 5.02%
• YTD: 13.67%
• 6M: 15.60%
• 1Y: 31.31%
• 3Y*: 20.93%
• 5Y*: 10.67%
• 10Y*: —

VDIV.DE

• 1D: 0.00%
• 1M: -0.42%
• YTD: 8.24%
• 6M: 12.39%
• 1Y: 28.03%
• 3Y*: 23.12%
• 5Y*: 16.36%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FZTKX vs. VDIV.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FZTKX Fidelity Freedom 2050 Fund Class K6	13.67%	24.06%	14.42%	20.87%	-18.12%	16.89%	18.56%	25.66%	-2.58%
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF	8.24%	40.61%	9.06%	14.99%	9.11%	17.83%	-2.30%	20.44%	-2.01%

Correlation

The correlation between FZTKX and VDIV.DE is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (All Time) Calculated using the full available price history since Dec 12, 2018	0.60

The correlation between FZTKX and VDIV.DE shifts across timeframes, from 0.48 (1 year) to 0.60 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FZTKX vs. VDIV.DE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FZTKX

FZTKX Risk / Return Rank: 72
FZTKX Sharpe Ratio Rank: 75
FZTKX Sortino Ratio Rank: 68
FZTKX Omega Ratio Rank: 69
FZTKX Calmar Ratio Rank: 72
FZTKX Martin Ratio Rank: 78

VDIV.DE

VDIV.DE Risk / Return Rank: 85
VDIV.DE Sharpe Ratio Rank: 80
VDIV.DE Sortino Ratio Rank: 83
VDIV.DE Omega Ratio Rank: 81
VDIV.DE Calmar Ratio Rank: 93
VDIV.DE Martin Ratio Rank: 89

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FZTKX vs. VDIV.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2050 Fund Class K6 (FZTKX) and VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE). 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.

	FZTKX	VDIV.DE	Difference
Sharpe ratio: Return per unit of total volatility	2.50	2.54	-0.04
Sortino ratio: Return per unit of downside risk	3.44	3.43	+0.02
Omega ratio: Gain probability vs. loss probability	1.46	1.46	+0.01
Calmar ratio: Return relative to maximum drawdown	3.29	5.21	-1.91
Martin ratio: Return relative to average drawdown	14.61	15.85	-1.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FZTKX vs. VDIV.DE - Sharpe Ratio Comparison

The current FZTKX Sharpe Ratio is 2.50, which is comparable to the VDIV.DE Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of FZTKX and VDIV.DE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FZTKX	VDIV.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.50	2.54	-0.04
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	1.13	-0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.88	-0.11

Drawdowns

FZTKX vs. VDIV.DE - Drawdown Comparison

The maximum FZTKX drawdown since its inception was -30.91%, smaller than the maximum VDIV.DE drawdown of -37.84%. Use the drawdown chart below to compare losses from any high point for FZTKX and VDIV.DE.

Drawdown Indicators

	FZTKX	VDIV.DE	Difference
Max Drawdown Largest peak-to-trough decline	-30.91%	-37.84%	+6.93%
Max Drawdown (1Y) Largest decline over 1 year	-9.68%	-5.36%	-4.32%
Max Drawdown (3Y) Largest decline over 3 years	-15.42%	-14.58%	-0.84%
Max Drawdown (5Y) Largest decline over 5 years	-27.13%	-18.50%	-8.63%
Current Drawdown Current decline from peak	0.00%	-2.91%	+2.91%
Average Drawdown Average peak-to-trough decline	-5.47%	-4.37%	-1.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.17%	1.76%	+0.41%

Volatility

FZTKX vs. VDIV.DE - Volatility Comparison

Fidelity Freedom 2050 Fund Class K6 (FZTKX) has a higher volatility of 4.26% compared to VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF (VDIV.DE) at 3.20%. This indicates that FZTKX's price experiences larger fluctuations and is considered to be riskier than VDIV.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FZTKX	VDIV.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.26%	3.20%	+1.06%
Volatility (6M) Calculated over the trailing 6-month period	10.45%	7.96%	+2.49%
Volatility (1Y) Calculated over the trailing 1-year period	12.74%	10.99%	+1.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.04%	14.27%	+0.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.91%	16.90%	-0.99%

FZTKX vs. VDIV.DE - Expense Ratio Comparison

FZTKX has a 0.50% expense ratio, which is higher than VDIV.DE's 0.38% expense ratio.

Dividends

FZTKX vs. VDIV.DE - Dividend Comparison

FZTKX's dividend yield for the trailing twelve months is around 5.45%, more than VDIV.DE's 4.88% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FZTKX Fidelity Freedom 2050 Fund Class K6	5.45%	4.33%	2.33%	2.06%	12.18%	12.02%	5.15%	6.78%	8.12%	2.88%
VDIV.DE VanEck Morningstar Developed Markets Dividend Leaders UCITS ETF	4.88%	3.58%	4.19%	4.97%	4.56%	3.97%	4.11%	4.35%	0.91%	0.00%

Frequently Asked Questions

Can I hold both FZTKX and VDIV.DE in my portfolio?

FZTKX and VDIV.DE have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.