FARFX vs. FRQKX
FARFX (Fidelity Advisor Managed Retirement 2025 Fund Class A) and FRQKX (Fidelity Managed Retirement 2010 Fund Class K) are both Target Retirement Date funds from BlackRock. Their correlation of 0.95 suggests significant overlap in exposure. FARFX charges 0.73%/yr vs 0.36%/yr for FRQKX.
Performance
FARFX vs. FRQKX - Performance Comparison
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Returns By Period
FARFX
- 1D
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- 1M
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- 6M
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- YTD
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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- ALL TIME*
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FRQKX
- 1D
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- 1M
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- 6M
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- YTD
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- 1Y
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- 3Y*
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- 5Y*
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- 10Y*
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- ALL TIME*
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FARFX vs. FRQKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FARFX Fidelity Advisor Managed Retirement 2025 Fund Class A | 4.40% | 13.15% | 6.30% | 11.55% | -15.86% | 7.73% | 12.80% | 5.78% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | 3.66% | 9.91% | 4.42% | 8.62% | -12.30% | 3.95% | 9.68% | 3.94% |
Correlation
The correlation between FARFX and FRQKX is 0.95, 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 | 0.95 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.95 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.95 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2019 | 0.95 |
The correlation between FARFX and FRQKX has been stable across timeframes, ranging from 0.95 to 0.95 - a consistent structural relationship.
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Return for Risk
FARFX vs. FRQKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Managed Retirement 2025 Fund Class A (FARFX) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Drawdowns
FARFX vs. FRQKX - Drawdown Comparison
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Volatility
FARFX vs. FRQKX - Volatility Comparison
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FARFX vs. FRQKX - Expense Ratio Comparison
FARFX has a 0.73% expense ratio, which is higher than FRQKX's 0.36% expense ratio.
Dividends
FARFX vs. FRQKX - Dividend Comparison
FARFX's dividend yield for the trailing twelve months is around 3.35%, more than FRQKX's 3.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FARFX Fidelity Advisor Managed Retirement 2025 Fund Class A | 3.35% | 2.43% | 2.35% | 2.21% | 4.50% | 4.96% | 3.36% | 3.64% | 6.83% | 24.58% | 2.20% | 4.23% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | 3.28% | 3.09% | 2.91% | 2.86% | 5.12% | 6.11% | 3.61% | 2.57% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.95, FARFX and FRQKX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
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