AABJX vs. FRQKX

Last updated Jul 18, 2026

AABJX (American Century One Choice Blend+ 2025 Portfolio) and FRQKX (Fidelity Managed Retirement 2010 Fund Class K) are both Target Retirement Date funds. Their correlation of 0.86 suggests significant overlap in exposure. AABJX charges 0.57%/yr vs 0.36%/yr for FRQKX.

Performance

AABJX vs. FRQKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century One Choice Blend+ 2025 Portfolio (AABJX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AABJX

• 1D: -0.18%
• 1M: 0.81%
• 6M: 3.81%
• YTD: 5.18%
• 1Y: 11.36%
• 3Y*: 10.06%
• 5Y*: 4.69%
• 10Y*: —

FRQKX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AABJX vs. FRQKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AABJX American Century One Choice Blend+ 2025 Portfolio	5.18%	12.98%	7.64%	11.66%	-13.74%	6.67%
FRQKX Fidelity Managed Retirement 2010 Fund Class K	3.66%	9.91%	4.42%	8.62%	-12.30%	4.10%

Correlation

The correlation between AABJX and FRQKX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (All Time) Calculated using the full available price history since Mar 10, 2021	0.86

The correlation between AABJX and FRQKX has been stable across timeframes, ranging from 0.86 to 0.87 - a consistent structural relationship.

Return for Risk

AABJX vs. FRQKX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AABJX

AABJX Risk / Return Rank: 66
AABJX Sharpe Ratio Rank: 69
AABJX Sortino Ratio Rank: 71
AABJX Omega Ratio Rank: 70
AABJX Calmar Ratio Rank: 54
AABJX Martin Ratio Rank: 66

FRQKX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AABJX vs. FRQKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century One Choice Blend+ 2025 Portfolio (AABJX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX). 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.

	AABJX	FRQKX	Difference
Sharpe ratio: Return per unit of total volatility	1.89	—	—
Sortino ratio: Return per unit of downside risk	2.75	—	—
Omega ratio: Gain probability vs. loss probability	1.36	—	—
Calmar ratio: Return relative to maximum drawdown	2.34	—	—
Martin ratio: Return relative to average drawdown	10.16	—	—

Drawdowns

Drawdown Indicators

	AABJX	FRQKX	Difference
Max Drawdown Largest peak-to-trough decline	-20.15%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-5.02%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-7.68%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-20.15%	—	—
Current Drawdown Current decline from peak	-0.36%	—	—
Average Drawdown Average peak-to-trough decline	-5.00%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.15%	—	—

Volatility

Volatility by Period

	AABJX	FRQKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.57%	—	—
Volatility (6M) Calculated over the trailing 6-month period	5.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	6.22%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.56%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.39%	—	—

AABJX vs. FRQKX - Expense Ratio Comparison

AABJX has a 0.57% expense ratio, which is higher than FRQKX's 0.36% expense ratio.

Dividends

AABJX vs. FRQKX - Dividend Comparison

AABJX's dividend yield for the trailing twelve months is around 4.43%, more than FRQKX's 3.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AABJX American Century One Choice Blend+ 2025 Portfolio	4.43%	4.66%	3.91%	2.23%	3.04%	2.77%	0.00%	0.00%
FRQKX Fidelity Managed Retirement 2010 Fund Class K	3.28%	3.09%	2.91%	2.86%	5.12%	6.11%	3.61%	2.57%

Frequently Asked Questions

Can I hold both AABJX and FRQKX in my portfolio?

AABJX and FRQKX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.