AAETX vs. FRAMX
Compare and contrast key facts about American Funds 2030 Target Date Retirement Fund (AAETX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
AAETX is managed by American Funds. It was launched on Jan 31, 2007. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
AAETX vs. FRAMX - Performance Comparison
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AAETX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AAETX American Funds 2030 Target Date Retirement Fund | -1.39% | 15.41% | 10.50% | 14.08% | -14.74% | 12.79% | 14.81% | 19.64% | -4.56% | 18.11% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 0.18% | 9.55% | 4.04% | 7.80% | -11.87% | 2.52% | 8.30% | 10.28% | -2.05% | 6.82% |
Returns By Period
In the year-to-date period, AAETX achieves a -1.39% return, which is significantly lower than FRAMX's 0.18% return. Over the past 10 years, AAETX has outperformed FRAMX with an annualized return of 8.52%, while FRAMX has yielded a comparatively lower 3.73% annualized return.
AAETX
- 1D
- 1.60%
- 1M
- -4.11%
- YTD
- -1.39%
- 6M
- 0.48%
- 1Y
- 12.43%
- 3Y*
- 11.17%
- 5Y*
- 5.88%
- 10Y*
- 8.52%
FRAMX
- 1D
- 0.75%
- 1M
- -2.08%
- YTD
- 0.18%
- 6M
- 1.18%
- 1Y
- 7.30%
- 3Y*
- 5.92%
- 5Y*
- 2.18%
- 10Y*
- 3.73%
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AAETX vs. FRAMX - Expense Ratio Comparison
AAETX has a 0.33% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
AAETX vs. FRAMX — Risk / Return Rank
AAETX
FRAMX
AAETX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2030 Target Date Retirement Fund (AAETX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX). 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.
| AAETX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.41 | 1.64 | -0.23 |
Sortino ratioReturn per unit of downside risk | 2.07 | 2.30 | -0.23 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.33 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.98 | 2.22 | -0.24 |
Martin ratioReturn relative to average drawdown | 8.41 | 8.81 | -0.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AAETX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.41 | 1.64 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.42 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.84 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.50 | -0.01 |
Correlation
The correlation between AAETX and FRAMX is 0.90, 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.
Dividends
AAETX vs. FRAMX - Dividend Comparison
AAETX's dividend yield for the trailing twelve months is around 6.42%, more than FRAMX's 2.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAETX American Funds 2030 Target Date Retirement Fund | 6.42% | 6.33% | 3.73% | 2.69% | 4.39% | 6.47% | 3.57% | 3.95% | 4.46% | 2.46% | 3.46% | 5.52% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.88% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
AAETX vs. FRAMX - Drawdown Comparison
The maximum AAETX drawdown since its inception was -49.49%, which is greater than FRAMX's maximum drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for AAETX and FRAMX.
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Drawdown Indicators
| AAETX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.49% | -33.94% | -15.55% |
Max Drawdown (1Y)Largest decline over 1 year | -6.53% | -3.45% | -3.08% |
Max Drawdown (5Y)Largest decline over 5 years | -21.01% | -16.31% | -4.70% |
Max Drawdown (10Y)Largest decline over 10 years | -22.37% | -16.31% | -6.06% |
Current DrawdownCurrent decline from peak | -4.56% | -2.47% | -2.09% |
Average DrawdownAverage peak-to-trough decline | -6.46% | -3.86% | -2.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.54% | 0.87% | +0.67% |
Volatility
AAETX vs. FRAMX - Volatility Comparison
American Funds 2030 Target Date Retirement Fund (AAETX) has a higher volatility of 3.47% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 2.14%. This indicates that AAETX's price experiences larger fluctuations and is considered to be riskier than FRAMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAETX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.47% | 2.14% | +1.33% |
Volatility (6M)Calculated over the trailing 6-month period | 5.56% | 2.95% | +2.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.10% | 4.64% | +4.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.72% | 5.22% | +4.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.66% | 4.48% | +6.18% |