AAOTX vs. FIRMX
Compare and contrast key facts about American Funds 2065 Target Date Retirement Fund Class A (AAOTX) and Fidelity Managed Retirement Income Fund (FIRMX).
AAOTX is managed by American Funds. FIRMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
AAOTX vs. FIRMX - Performance Comparison
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AAOTX vs. FIRMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AAOTX American Funds 2065 Target Date Retirement Fund Class A | -6.04% | 20.36% | 15.20% | 21.16% | -19.94% | 16.85% | 46.68% |
FIRMX Fidelity Managed Retirement Income Fund | -0.50% | 9.95% | 4.29% | 8.07% | -11.66% | 2.77% | 13.18% |
Returns By Period
In the year-to-date period, AAOTX achieves a -6.04% return, which is significantly lower than FIRMX's -0.50% return.
AAOTX
- 1D
- -0.42%
- 1M
- -9.38%
- YTD
- -6.04%
- 6M
- -3.03%
- 1Y
- 15.42%
- 3Y*
- 14.08%
- 5Y*
- 7.24%
- 10Y*
- —
FIRMX
- 1D
- 0.27%
- 1M
- -3.18%
- YTD
- -0.50%
- 6M
- 0.75%
- 1Y
- 7.05%
- 3Y*
- 5.96%
- 5Y*
- 2.41%
- 10Y*
- 3.92%
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AAOTX vs. FIRMX - Expense Ratio Comparison
AAOTX has a 0.73% expense ratio, which is higher than FIRMX's 0.45% expense ratio.
Return for Risk
AAOTX vs. FIRMX — Risk / Return Rank
AAOTX
FIRMX
AAOTX vs. FIRMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2065 Target Date Retirement Fund Class A (AAOTX) and Fidelity Managed Retirement Income Fund (FIRMX). 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.
| AAOTX | FIRMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.02 | 1.56 | -0.55 |
Sortino ratioReturn per unit of downside risk | 1.53 | 2.17 | -0.64 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.31 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.31 | 2.08 | -0.77 |
Martin ratioReturn relative to average drawdown | 5.72 | 8.41 | -2.69 |
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
| AAOTX | FIRMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.02 | 1.56 | -0.55 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.46 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 0.52 | +0.39 |
Correlation
The correlation between AAOTX and FIRMX is 0.72, 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
AAOTX vs. FIRMX - Dividend Comparison
AAOTX's dividend yield for the trailing twelve months is around 4.69%, more than FIRMX's 3.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAOTX American Funds 2065 Target Date Retirement Fund Class A | 4.69% | 4.41% | 2.52% | 1.71% | 3.67% | 1.34% | 0.60% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FIRMX Fidelity Managed Retirement Income Fund | 3.16% | 3.13% | 3.02% | 2.81% | 4.54% | 3.56% | 2.48% | 2.59% | 4.65% | 8.57% | 1.67% | 1.68% |
Drawdowns
AAOTX vs. FIRMX - Drawdown Comparison
The maximum AAOTX drawdown since its inception was -27.57%, smaller than the maximum FIRMX drawdown of -33.73%. Use the drawdown chart below to compare losses from any high point for AAOTX and FIRMX.
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Drawdown Indicators
| AAOTX | FIRMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.57% | -33.73% | +6.16% |
Max Drawdown (1Y)Largest decline over 1 year | -10.23% | -3.44% | -6.79% |
Max Drawdown (5Y)Largest decline over 5 years | -27.57% | -16.11% | -11.46% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.11% | — |
Current DrawdownCurrent decline from peak | -9.82% | -3.18% | -6.64% |
Average DrawdownAverage peak-to-trough decline | -6.16% | -3.73% | -2.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 0.85% | +1.50% |
Volatility
AAOTX vs. FIRMX - Volatility Comparison
American Funds 2065 Target Date Retirement Fund Class A (AAOTX) has a higher volatility of 4.61% compared to Fidelity Managed Retirement Income Fund (FIRMX) at 1.96%. This indicates that AAOTX's price experiences larger fluctuations and is considered to be riskier than FIRMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AAOTX | FIRMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.61% | 1.96% | +2.65% |
Volatility (6M)Calculated over the trailing 6-month period | 9.03% | 2.86% | +6.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.12% | 4.59% | +10.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.57% | 5.21% | +9.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.06% | 4.47% | +10.59% |