Fidelity Managed Retirement 2030 Fund Class K (FMREX) 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 FMREX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FMREX
FMREX charges 0.38% annually. There are 301 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | FMREX vs LTFIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | FMREX vs LTRIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | FMREX vs PMTIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | FMREX vs LTIUX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | FMREX vs PLTZX |
Best Risk-Adjusted Alternatives to FMREX
FMREX has a PortfoliosLab risk / return rank of 74. There are 29 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement 2020 Fund | 86 | — | Dec 2007 | FMREX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 85 | — | Aug 2019 | FMREX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 85 | — | Aug 2019 | FMREX vs FRHMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | FMREX vs FRAMX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | FMREX vs PADLX |
Top Performing FMREX Alternatives (YTD)
FMREX is at 5.11% YTD. There are 535 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 15,640,638.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement Income Fund Class K | 15,640,638.04% | — | Aug 2019 | FMREX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | FMREX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | FMREX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | FMREX vs FIRVX | |
| Fidelity Freedom 2055 Fund Class K6 | 13.50% | — | Jun 2011 | FMREX vs FCTKX |
Lowest Volatility Alternatives to FMREX
FMREX has 7.35% 1-year volatility. There are 176 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.48%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.48% | — | Nov 2015 | FMREX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.31% | — | Oct 2009 | FMREX vs FIKFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | FMREX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | FMREX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | FMREX vs FRQAX |
Lowest Drawdown Alternatives to FMREX
FMREX has a 1-year max drawdown of -5.59%. There are 190 mutual funds in the Target Retirement Date category with shallower 1-year drawdowns, going as shallow as -2.61%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.61% | — | Nov 2015 | FMREX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | FMREX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | FMREX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | FMREX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | FMREX vs FRKMX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 37 | 14.52% | — | Sep 2021 | FMREX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 59 | 9.95% | — | Jul 1993 | FMREX vs WFSPX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 94 | 10.84% | — | Dec 2012 | FMREX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 59 | 11.45% | — | May 2011 | FMREX vs LIVIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 70 | 11.17% | — | Dec 1991 | FMREX vs FASGX | |
| BlackRock Enhanced Equity Dividend Fund | Derivative Income | 35 | 5.97% | — | Aug 2005 | FMREX vs BDJ | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 46 | 8.91% | — | Jul 2010 | FMREX vs ASFYX | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 55 | 36.71% | — | Apr 2000 | FMREX vs BGSAX | |
| Fidelity Asset Manager 40% Fund | Diversified Portfolio | 74 | 7.09% | — | Oct 2007 | FMREX vs FFANX | |
| Fidelity Asset Manager 85% Fund | Diversified Portfolio | 69 | 13.21% | — | Sep 1999 | FMREX vs FAMRX |
Often Compared With FMREX
Investors most often compare FMREX with LPDIX, IRSOX, LPVIX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare FMREX with Any Fund or Stock
Compare FMREX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FMREX with funds that move differently
Fidelity Managed Retirement 2030 Fund Class K alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FMREX.
Explore FMREX Diversifiers