FZTKX vs. VMFXX
Compare and contrast key facts about Fidelity Freedom 2050 Fund Class K6 (FZTKX) and Vanguard Federal Money Market Fund (VMFXX).
FZTKX is managed by Fidelity. It was launched on Jun 1, 2006. VMFXX is managed by Vanguard. It was launched on Sep 1, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZTKX or VMFXX.
Correlation
The correlation between FZTKX and VMFXX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FZTKX vs. VMFXX - Performance Comparison
Key characteristics
FZTKX:
1.32
VMFXX:
3.45
FZTKX:
2.18%
VMFXX:
0.00%
FZTKX:
11.83%
VMFXX:
1.39%
FZTKX:
-35.36%
VMFXX:
0.00%
FZTKX:
-0.85%
VMFXX:
0.00%
Returns By Period
FZTKX
4.33%
5.34%
6.92%
17.16%
4.81%
N/A
VMFXX
0.00%
0.00%
2.05%
4.78%
2.42%
1.65%
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FZTKX vs. VMFXX - Expense Ratio Comparison
FZTKX has a 0.50% expense ratio, which is higher than VMFXX's 0.00% expense ratio.
Risk-Adjusted Performance
FZTKX vs. VMFXX — Risk-Adjusted Performance Rank
FZTKX
VMFXX
FZTKX vs. VMFXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2050 Fund Class K6 (FZTKX) and Vanguard Federal Money Market Fund (VMFXX). 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. VMFXX - Dividend Comparison
FZTKX's dividend yield for the trailing twelve months is around 1.61%, less than VMFXX's 4.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
FZTKX Fidelity Freedom 2050 Fund Class K6 | 1.61% | 1.68% | 1.55% | 2.33% | 2.50% | 1.24% | 1.71% | 2.06% | 1.29% |
VMFXX Vanguard Federal Money Market Fund | 4.66% | 5.11% | 4.97% | 1.54% | 0.01% | 0.45% | 2.12% | 1.61% | 0.50% |
Drawdowns
FZTKX vs. VMFXX - Drawdown Comparison
The maximum FZTKX drawdown since its inception was -35.36%, which is greater than VMFXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FZTKX and VMFXX. For additional features, visit the drawdowns tool.
Volatility
FZTKX vs. VMFXX - Volatility Comparison
Fidelity Freedom 2050 Fund Class K6 (FZTKX) has a higher volatility of 3.37% compared to Vanguard Federal Money Market Fund (VMFXX) at 0.00%. This indicates that FZTKX's price experiences larger fluctuations and is considered to be riskier than VMFXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.