FCFEX vs. FRAMX
Compare and contrast key facts about Fidelity Advisor Freedom 2030 Fund Class C (FCFEX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
FCFEX is managed by Fidelity. It was launched on Jul 24, 2003. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
FCFEX vs. FRAMX - Performance Comparison
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FCFEX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCFEX Fidelity Advisor Freedom 2030 Fund Class C | -0.74% | 16.07% | 7.91% | 13.41% | -17.69% | 10.12% | 13.99% | 21.50% | -7.42% | 18.17% |
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, FCFEX achieves a -0.74% return, which is significantly lower than FRAMX's 0.18% return. Over the past 10 years, FCFEX has outperformed FRAMX with an annualized return of 7.56%, while FRAMX has yielded a comparatively lower 3.73% annualized return.
FCFEX
- 1D
- 1.93%
- 1M
- -4.47%
- YTD
- -0.74%
- 6M
- 1.06%
- 1Y
- 13.32%
- 3Y*
- 10.24%
- 5Y*
- 4.24%
- 10Y*
- 7.56%
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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FCFEX vs. FRAMX - Expense Ratio Comparison
FCFEX has a 1.66% expense ratio, which is higher than FRAMX's 0.70% expense ratio.
Return for Risk
FCFEX vs. FRAMX — Risk / Return Rank
FCFEX
FRAMX
FCFEX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2030 Fund Class C (FCFEX) 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.
| FCFEX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.29 | 1.64 | -0.35 |
Sortino ratioReturn per unit of downside risk | 1.84 | 2.30 | -0.46 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.33 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.78 | 2.22 | -0.45 |
Martin ratioReturn relative to average drawdown | 7.42 | 8.81 | -1.39 |
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
| FCFEX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 1.64 | -0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.42 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.84 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.50 | -0.13 |
Correlation
The correlation between FCFEX and FRAMX is 0.91, 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
FCFEX vs. FRAMX - Dividend Comparison
FCFEX's dividend yield for the trailing twelve months is around 6.93%, more than FRAMX's 2.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCFEX Fidelity Advisor Freedom 2030 Fund Class C | 6.93% | 6.88% | 2.19% | 1.22% | 8.43% | 9.08% | 5.96% | 6.34% | 10.10% | 4.87% | 4.12% | 3.76% |
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
FCFEX vs. FRAMX - Drawdown Comparison
The maximum FCFEX drawdown since its inception was -54.26%, which is greater than FRAMX's maximum drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for FCFEX and FRAMX.
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Drawdown Indicators
| FCFEX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.26% | -33.94% | -20.32% |
Max Drawdown (1Y)Largest decline over 1 year | -7.77% | -3.45% | -4.32% |
Max Drawdown (5Y)Largest decline over 5 years | -25.02% | -16.31% | -8.71% |
Max Drawdown (10Y)Largest decline over 10 years | -25.03% | -16.31% | -8.72% |
Current DrawdownCurrent decline from peak | -5.20% | -2.47% | -2.73% |
Average DrawdownAverage peak-to-trough decline | -7.68% | -3.86% | -3.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 0.87% | +0.99% |
Volatility
FCFEX vs. FRAMX - Volatility Comparison
Fidelity Advisor Freedom 2030 Fund Class C (FCFEX) has a higher volatility of 4.58% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 2.14%. This indicates that FCFEX'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
| FCFEX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.58% | 2.14% | +2.44% |
Volatility (6M)Calculated over the trailing 6-month period | 6.65% | 2.95% | +3.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.73% | 4.64% | +6.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.67% | 5.22% | +5.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.48% | 4.48% | +7.00% |