FDKVX’s worst drop since 2014 was 31%
Fidelity Freedom Index 2045 Fund (FDKVX) fell 31% from Jan 2020 to Mar 2020. It took 0.6 years from that peak to close at a new high, in Aug 2020. Over the same years the S&P 500 fell as much as 34%.
That drop is milder than most. It ranks 89th of the 109 mutual funds PortfolioAutopsy tracks, counted from the deepest.
Drawdown from the last high, 2014 to now
How FDKVX held up in each crash
| Crash | Years | FDKVX | S&P 500 |
|---|---|---|---|
| Dot-com bust | 2000–02 | not trading yet | −47.5% |
| Financial crisis | 2007–09 | not trading yet | −55.2% |
| COVID crash | 2020 | −31.0% | −33.7% |
| 2022 rate shock | 2022 | −26.2% | −24.5% |
Each number is the deepest fall from a high inside that window, using daily prices with dividends reinvested.
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What was FDKVX’s maximum drawdown?
FDKVX’s deepest fall since 2014 was 31.0%, from its high on January 17, 2020 to its low on March 23, 2020. The figure uses daily prices with dividends reinvested.
How long did FDKVX take to recover?
0.6 years. FDKVX first closed above its Jan 2020 high again on August 12, 2020.
Was FDKVX riskier than the S&P 500?
Over the same years, FDKVX’s worst drop was 31.0% against 33.7% for the S&P 500 (SPY), and its worst 12 months were −24.6% against −19.7%.
Compare with
Daily adjusted closes from Yahoo Finance, August 13, 2014 through October 13, 2026, dividends reinvested. Historical facts, not a forecast and not investment advice.