FZTKX vs. VOO
Compare and contrast key facts about Fidelity Freedom 2050 Fund Class K6 (FZTKX) and Vanguard S&P 500 ETF (VOO).
FZTKX is managed by Fidelity. It was launched on Jun 1, 2006. 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: FZTKX or VOO.
Correlation
The correlation between FZTKX and VOO is 0.93, 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. VOO - Performance Comparison
Key characteristics
FZTKX:
0.76
VOO:
0.75
FZTKX:
1.16
VOO:
1.15
FZTKX:
1.16
VOO:
1.17
FZTKX:
0.82
VOO:
0.77
FZTKX:
3.53
VOO:
3.04
FZTKX:
3.57%
VOO:
4.72%
FZTKX:
16.58%
VOO:
19.15%
FZTKX:
-30.91%
VOO:
-33.99%
FZTKX:
-3.11%
VOO:
-7.30%
Returns By Period
In the year-to-date period, FZTKX achieves a 2.86% return, which is significantly higher than VOO's -3.02% return.
FZTKX
2.86%
1.67%
2.61%
11.47%
13.72%
N/A
VOO
-3.02%
0.35%
-0.14%
13.67%
16.73%
12.53%
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FZTKX vs. VOO - Expense Ratio Comparison
FZTKX has a 0.50% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
FZTKX vs. VOO — Risk-Adjusted Performance Rank
FZTKX
VOO
FZTKX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2050 Fund Class K6 (FZTKX) 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.
Dividends
FZTKX vs. VOO - Dividend Comparison
FZTKX's dividend yield for the trailing twelve months is around 2.27%, more than VOO's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZTKX Fidelity Freedom 2050 Fund Class K6 | 2.27% | 2.33% | 2.06% | 12.18% | 12.02% | 5.15% | 6.78% | 8.12% | 2.88% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.34% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
FZTKX vs. VOO - Drawdown Comparison
The maximum FZTKX drawdown since its inception was -30.91%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FZTKX and VOO. For additional features, visit the drawdowns tool.
Volatility
FZTKX vs. VOO - Volatility Comparison
The current volatility for Fidelity Freedom 2050 Fund Class K6 (FZTKX) is 11.59%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.90%. This indicates that FZTKX 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.