Fidelity Managed Retirement 2020 Fund Class K (FKRVX) belongs to the Target Retirement Date category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FKRVX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FKRVX
FKRVX charges 0.37% annually. There are 297 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | FKRVX vs JIEHX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | FKRVX vs PLWIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | FKRVX vs LTIUX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | FKRVX vs LTSTX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | FKRVX vs PTDIX |
Best Risk-Adjusted Alternatives to FKRVX
Among 650 mutual funds in the Target Retirement Date category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 86 | — | Sep 2014 | FKRVX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | FKRVX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | FKRVX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | FKRVX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | FKRVX vs URTRX |
Top Performing FKRVX Alternatives (YTD)
Among 650 mutual funds in the Target Retirement Date category with YTD return data, the top-performing alternatives shown here go as high as 13.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 13.54% | — | Jul 2013 | FKRVX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | FKRVX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | FKRVX vs FWLSX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | FKRVX vs FQLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | FKRVX vs FDFPX |
Lowest Volatility Alternatives to FKRVX
Among 650 mutual funds in the Target Retirement Date category with 1-year volatility data, the lowest-volatility alternatives shown here go as low as 3.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.51% | — | Nov 2015 | FKRVX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | FKRVX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | FKRVX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | FKRVX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | FKRVX vs DRIQX |
Lowest Drawdown Alternatives to FKRVX
Among 650 mutual funds in the Target Retirement Date category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -2.61%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.61% | — | Nov 2015 | FKRVX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | FKRVX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FKRVX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | FKRVX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | FKRVX vs PRMYX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories. AUM among these funds goes as high as $12B.
Often Compared With FKRVX
Investors most often compare FKRVX with FNSFX, FRIMX, FCQTX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare FKRVX with Any Fund or Stock
Compare FKRVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FKRVX with funds that move differently
Fidelity Managed Retirement 2020 Fund Class K alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FKRVX.
Explore FKRVX Diversifiers