LIVKX vs. FFFCX

Last updated Aug 4, 2026

LIVKX (BlackRock LifePath Index 2055 Class K) and FFFCX (Fidelity Freedom 2010 Fund) are both Target Retirement Date funds. Over the past 10 years, LIVKX returned 11.60%/yr vs 5.54%/yr for FFFCX. Their correlation of 0.89 means they have usually moved in the same direction. LIVKX charges 0.09%/yr vs 0.49%/yr for FFFCX.

Performance

LIVKX vs. FFFCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock LifePath Index 2055 Class K (LIVKX) and Fidelity Freedom 2010 Fund (FFFCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LIVKX achieves a 11.38% return, which is significantly higher than FFFCX's 4.31% return. Over the past 10 years, LIVKX has outperformed FFFCX with an annualized return of 11.60%, while FFFCX has yielded a comparatively lower 5.54% annualized return.

LIVKX

• 1D: 0.28%
• 1M: -0.25%
• 6M: 7.43%
• YTD: 11.38%
• 1Y: 23.64%
• 3Y*: 17.08%
• 5Y*: 9.79%
• 10Y*: 11.60%
• ALL TIME*: 10.36%

FFFCX

• 1D: 0.07%
• 1M: -0.65%
• 6M: 2.78%
• YTD: 4.31%
• 1Y: 8.92%
• 3Y*: 8.23%
• 5Y*: 3.26%
• 10Y*: 5.54%
• ALL TIME*: 6.01%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FFFCX Fidelity Freedom 2010 Fund	$0.00	$0.00	$0.00
LIVKX BlackRock LifePath Index 2055 Class K	$0.00	$0.00	$0.00

LIVKX vs. FFFCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LIVKX BlackRock LifePath Index 2055 Class K	11.38%	21.57%	13.65%	21.61%	-18.33%	18.87%	14.98%	26.90%	-7.84%	21.51%
FFFCX Fidelity Freedom 2010 Fund	4.31%	11.39%	5.26%	9.82%	-13.21%	5.64%	11.09%	14.34%	-3.74%	12.48%

Correlation

The correlation between LIVKX and FFFCX is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (3Y) Balances recent behavior with more history.	0.81
Correlation (5Y) Shows whether the relationship held over a longer period.	0.81
Correlation (10Y) Provides a long-term view across more market conditions.	0.86
Correlation (All Time) Calculated using the full available price history since Jun 1, 2011	0.89

The correlation between LIVKX and FFFCX has been stable across timeframes, ranging from 0.81 to 0.90 - a consistent structural relationship.

Return for Risk

LIVKX vs. FFFCX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LIVKX

LIVKX Risk / Return Rank: 65
LIVKX Sharpe Ratio Rank: 62
LIVKX Sortino Ratio Rank: 60
LIVKX Omega Ratio Rank: 59
LIVKX Calmar Ratio Rank: 67
LIVKX Martin Ratio Rank: 76

FFFCX

FFFCX Risk / Return Rank: 67
FFFCX Sharpe Ratio Rank: 65
FFFCX Sortino Ratio Rank: 64
FFFCX Omega Ratio Rank: 70
FFFCX Calmar Ratio Rank: 65
FFFCX Martin Ratio Rank: 71

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LIVKX vs. FFFCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index 2055 Class K (LIVKX) and Fidelity Freedom 2010 Fund (FFFCX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LIVKX	FFFCX	Difference
Sharpe ratio: Return per unit of total volatility	1.63	1.64	-0.01
Sortino ratio: Return per unit of downside risk	2.29	2.35	-0.06
Omega ratio: Gain probability vs. loss probability	1.30	1.32	-0.02
Calmar ratio: Return relative to maximum drawdown	2.37	2.30	+0.07
Martin ratio: Return relative to average drawdown	9.93	9.28	+0.65

LIVKX vs. FFFCX - Sharpe Ratio Comparison

The current LIVKX Sharpe Ratio is 1.63, which is comparable to the FFFCX Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of LIVKX and FFFCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LIVKX vs. FFFCX - Drawdown Comparison

The maximum LIVKX drawdown since its inception was -34.39%, smaller than the maximum FFFCX drawdown of -36.88%. Use the drawdown chart below to compare losses from any high point for LIVKX and FFFCX.

Drawdown Indicators

	LIVKX	FFFCX	Difference
Max Drawdown Largest peak-to-trough decline	-34.39%	-36.88%	+2.49%
Max Drawdown (1Y) Largest decline over 1 year	-9.44%	-4.00%	-5.44%
Max Drawdown (3Y) Largest decline over 3 years	-17.46%	-4.77%	-12.69%
Max Drawdown (5Y) Largest decline over 5 years	-26.44%	-18.35%	-8.09%
Max Drawdown (10Y) Largest decline over 10 years	-34.39%	-18.35%	-16.04%
Current Drawdown Current decline from peak	-1.55%	-1.17%	-0.38%
Average Drawdown Average peak-to-trough decline	-4.48%	-4.55%	+0.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.25%	0.99%	+1.26%

Volatility

LIVKX vs. FFFCX - Volatility Comparison

BlackRock LifePath Index 2055 Class K (LIVKX) has a higher volatility of 3.88% compared to Fidelity Freedom 2010 Fund (FFFCX) at 1.73%. This indicates that LIVKX's price experiences larger fluctuations and is considered to be riskier than FFFCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LIVKX	FFFCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.88%	1.73%	+2.15%
Volatility (6M) Calculated over the trailing 6-month period	11.49%	4.92%	+6.57%
Volatility (1Y) Calculated over the trailing 1-year period	13.72%	5.59%	+8.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.01%	6.49%	+9.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.70%	6.27%	+10.43%

LIVKX vs. FFFCX - Expense Ratio Comparison

LIVKX has a 0.09% expense ratio, which is lower than FFFCX's 0.49% expense ratio.

Dividends

LIVKX vs. FFFCX - Dividend Comparison

LIVKX's dividend yield for the trailing twelve months is around 2.33%, less than FFFCX's 4.70% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FFFCX Fidelity Freedom 2010 Fund	4.70%	4.97%	2.99%	2.72%	7.23%	9.33%	6.01%	5.78%	6.98%	4.82%	3.22%	3.68%
LIVKX BlackRock LifePath Index 2055 Class K	2.33%	2.53%	0.01%	2.08%	2.02%	2.08%	1.61%	3.00%	2.40%	2.31%	1.57%	2.93%

Frequently Asked Questions

Can I hold both LIVKX and FFFCX in my portfolio?

With a correlation of 0.90, LIVKX and FFFCX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, LIVKX or FFFCX?

LIVKX has higher volatility (3.88%) compared to FFFCX (1.73%). In terms of maximum drawdown, LIVKX dropped -34.39% vs FFFCX's -36.88%.

Which has better risk-adjusted returns?

FFFCX currently has the higher Sharpe Ratio (1.64 vs 1.63), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.