VTTSX vs. FDKLX
Compare and contrast key facts about Vanguard Target Retirement 2060 Fund (VTTSX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX).
VTTSX is managed by Vanguard. It was launched on Jan 19, 2012. FDKLX is managed by Fidelity. It was launched on Aug 5, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VTTSX or FDKLX.
Performance
VTTSX vs. FDKLX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with VTTSX having a 14.55% return and FDKLX slightly lower at 14.39%. Over the past 10 years, VTTSX has outperformed FDKLX with an annualized return of 8.69%, while FDKLX has yielded a comparatively lower 7.90% annualized return.
VTTSX
14.55%
-1.47%
5.75%
22.61%
9.80%
8.69%
FDKLX
14.39%
-2.07%
5.48%
21.90%
8.10%
7.90%
Key characteristics
| VTTSX | FDKLX | |
|---|---|---|
| Sharpe Ratio | 2.07 | 2.12 |
| Sortino Ratio | 2.88 | 2.94 |
| Omega Ratio | 1.38 | 1.38 |
| Calmar Ratio | 2.83 | 2.40 |
| Martin Ratio | 13.15 | 13.56 |
| Ulcer Index | 1.71% | 1.66% |
| Daily Std Dev | 10.89% | 10.58% |
| Max Drawdown | -31.38% | -32.25% |
| Current Drawdown | -2.46% | -2.58% |
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VTTSX vs. FDKLX - Expense Ratio Comparison
VTTSX has a 0.08% expense ratio, which is lower than FDKLX's 0.12% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Correlation
The correlation between VTTSX and FDKLX is 0.99, 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.
Risk-Adjusted Performance
VTTSX vs. FDKLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2060 Fund (VTTSX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX). 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
VTTSX vs. FDKLX - Dividend Comparison
VTTSX's dividend yield for the trailing twelve months is around 1.87%, more than FDKLX's 1.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VTTSX Vanguard Target Retirement 2060 Fund | 1.87% | 2.14% | 2.09% | 1.95% | 1.57% | 2.11% | 2.30% | 1.77% | 1.98% | 1.85% | 1.65% | 1.37% |
FDKLX Fidelity Freedom Index 2060 Fund Investor Class | 1.69% | 1.89% | 1.91% | 1.51% | 1.33% | 1.59% | 2.11% | 1.65% | 2.11% | 1.79% | 1.56% | 0.00% |
Drawdowns
VTTSX vs. FDKLX - Drawdown Comparison
The maximum VTTSX drawdown since its inception was -31.38%, roughly equal to the maximum FDKLX drawdown of -32.25%. Use the drawdown chart below to compare losses from any high point for VTTSX and FDKLX. For additional features, visit the drawdowns tool.
Volatility
VTTSX vs. FDKLX - Volatility Comparison
Vanguard Target Retirement 2060 Fund (VTTSX) and Fidelity Freedom Index 2060 Fund Investor Class (FDKLX) have volatilities of 2.93% and 3.01%, 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.