AAHTX vs. FRQKX
Compare and contrast key facts about American Funds 2045 Target Date Retirement Fund (AAHTX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX).
AAHTX is managed by American Funds. It was launched on Jan 31, 2007. FRQKX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
AAHTX vs. FRQKX - Performance Comparison
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AAHTX vs. FRQKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
AAHTX American Funds 2045 Target Date Retirement Fund | -5.32% | 20.01% | 14.82% | 19.74% | -18.40% | 16.83% | 18.79% | 8.49% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | -0.48% | 9.91% | 4.42% | 8.62% | -12.30% | 3.95% | 9.68% | 3.94% |
Returns By Period
In the year-to-date period, AAHTX achieves a -5.32% return, which is significantly lower than FRQKX's -0.48% return.
AAHTX
- 1D
- -0.35%
- 1M
- -8.83%
- YTD
- -5.32%
- 6M
- -2.42%
- 1Y
- 14.99%
- 3Y*
- 13.87%
- 5Y*
- 7.44%
- 10Y*
- 10.48%
FRQKX
- 1D
- 0.25%
- 1M
- -3.18%
- YTD
- -0.48%
- 6M
- 0.80%
- 1Y
- 7.18%
- 3Y*
- 6.11%
- 5Y*
- 2.52%
- 10Y*
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AAHTX vs. FRQKX - Expense Ratio Comparison
AAHTX has a 0.33% expense ratio, which is lower than FRQKX's 0.36% expense ratio.
Return for Risk
AAHTX vs. FRQKX — Risk / Return Rank
AAHTX
FRQKX
AAHTX vs. FRQKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2045 Target Date Retirement Fund (AAHTX) 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.
| AAHTX | FRQKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 1.58 | -0.53 |
Sortino ratioReturn per unit of downside risk | 1.58 | 2.20 | -0.62 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.32 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.35 | 2.12 | -0.77 |
Martin ratioReturn relative to average drawdown | 5.97 | 8.53 | -2.56 |
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
| AAHTX | FRQKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 1.58 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.46 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.68 | -0.18 |
Correlation
The correlation between AAHTX and FRQKX is 0.77, 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
AAHTX vs. FRQKX - Dividend Comparison
AAHTX's dividend yield for the trailing twelve months is around 6.18%, more than FRQKX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAHTX American Funds 2045 Target Date Retirement Fund | 6.18% | 5.85% | 3.37% | 2.46% | 6.75% | 4.62% | 3.19% | 4.24% | 4.85% | 2.33% | 3.50% | 4.74% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | 3.27% | 3.09% | 2.91% | 2.86% | 5.12% | 6.11% | 3.61% | 2.57% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AAHTX vs. FRQKX - Drawdown Comparison
The maximum AAHTX drawdown since its inception was -50.05%, which is greater than FRQKX's maximum drawdown of -16.97%. Use the drawdown chart below to compare losses from any high point for AAHTX and FRQKX.
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Drawdown Indicators
| AAHTX | FRQKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.05% | -16.97% | -33.08% |
Max Drawdown (1Y)Largest decline over 1 year | -9.81% | -3.42% | -6.39% |
Max Drawdown (5Y)Largest decline over 5 years | -25.83% | -16.97% | -8.86% |
Max Drawdown (10Y)Largest decline over 10 years | -28.92% | — | — |
Current DrawdownCurrent decline from peak | -9.20% | -3.18% | -6.02% |
Average DrawdownAverage peak-to-trough decline | -7.14% | -3.95% | -3.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.22% | 0.85% | +1.37% |
Volatility
AAHTX vs. FRQKX - Volatility Comparison
American Funds 2045 Target Date Retirement Fund (AAHTX) has a higher volatility of 4.30% compared to Fidelity Managed Retirement 2010 Fund Class K (FRQKX) at 1.97%. This indicates that AAHTX's price experiences larger fluctuations and is considered to be riskier than FRQKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAHTX | FRQKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.30% | 1.97% | +2.33% |
Volatility (6M)Calculated over the trailing 6-month period | 8.39% | 2.87% | +5.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.19% | 4.62% | +9.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.84% | 5.52% | +8.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.52% | 5.77% | +8.75% |