AAFTX vs. FRKMX
Compare and contrast key facts about American Funds 2035 Target Date Retirement Fund (AAFTX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
AAFTX is managed by American Funds. It was launched on Jan 31, 2007. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
AAFTX vs. FRKMX - Performance Comparison
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AAFTX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AAFTX American Funds 2035 Target Date Retirement Fund | -1.92% | 16.77% | 12.40% | 16.50% | -16.53% | 15.20% | 17.23% | 7.89% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 0.27% | 9.91% | 4.40% | 8.17% | -11.57% | 2.88% | 8.68% | 3.08% |
Returns By Period
In the year-to-date period, AAFTX achieves a -1.92% return, which is significantly lower than FRKMX's 0.27% return.
AAFTX
- 1D
- 1.89%
- 1M
- -4.70%
- YTD
- -1.92%
- 6M
- 0.05%
- 1Y
- 13.81%
- 3Y*
- 12.60%
- 5Y*
- 6.63%
- 10Y*
- 9.73%
FRKMX
- 1D
- 0.75%
- 1M
- -2.05%
- YTD
- 0.27%
- 6M
- 1.36%
- 1Y
- 7.67%
- 3Y*
- 6.29%
- 5Y*
- 2.54%
- 10Y*
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AAFTX vs. FRKMX - Expense Ratio Comparison
AAFTX has a 0.33% expense ratio, which is lower than FRKMX's 0.35% expense ratio.
Return for Risk
AAFTX vs. FRKMX — Risk / Return Rank
AAFTX
FRKMX
AAFTX vs. FRKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2035 Target Date Retirement Fund (AAFTX) and Fidelity Managed Retirement Income Fund Class K (FRKMX). 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.
| AAFTX | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.33 | 1.72 | -0.39 |
Sortino ratioReturn per unit of downside risk | 1.96 | 2.41 | -0.46 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.35 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.91 | 2.35 | -0.44 |
Martin ratioReturn relative to average drawdown | 8.22 | 9.34 | -1.12 |
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
| AAFTX | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 1.72 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.49 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.77 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.71 | -0.21 |
Correlation
The correlation between AAFTX and FRKMX is 0.74, 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
AAFTX vs. FRKMX - Dividend Comparison
AAFTX's dividend yield for the trailing twelve months is around 6.10%, more than FRKMX's 3.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAFTX American Funds 2035 Target Date Retirement Fund | 6.10% | 5.99% | 4.26% | 2.61% | 5.43% | 5.25% | 3.53% | 4.21% | 4.80% | 2.38% | 3.52% | 5.63% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 3.25% | 3.11% | 3.12% | 2.92% | 4.66% | 3.65% | 2.56% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AAFTX vs. FRKMX - Drawdown Comparison
The maximum AAFTX drawdown since its inception was -49.89%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for AAFTX and FRKMX.
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Drawdown Indicators
| AAFTX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.89% | -16.04% | -33.85% |
Max Drawdown (1Y)Largest decline over 1 year | -7.54% | -3.42% | -4.12% |
Max Drawdown (5Y)Largest decline over 5 years | -23.31% | -16.04% | -7.27% |
Max Drawdown (10Y)Largest decline over 10 years | -26.72% | — | — |
Current DrawdownCurrent decline from peak | -5.23% | -2.44% | -2.79% |
Average DrawdownAverage peak-to-trough decline | -6.85% | -3.64% | -3.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.75% | 0.86% | +0.89% |
Volatility
AAFTX vs. FRKMX - Volatility Comparison
American Funds 2035 Target Date Retirement Fund (AAFTX) has a higher volatility of 4.03% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 2.14%. This indicates that AAFTX's price experiences larger fluctuations and is considered to be riskier than FRKMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAFTX | FRKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.03% | 2.14% | +1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 6.60% | 2.95% | +3.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.79% | 4.63% | +6.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.43% | 5.23% | +6.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.71% | 5.14% | +7.57% |