FDCFX vs. FRAMX
Compare and contrast key facts about Fidelity Advisor Freedom 2020 Fund Class C (FDCFX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
FDCFX is managed by Fidelity. It was launched on Jul 24, 2003. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
FDCFX vs. FRAMX - Performance Comparison
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FDCFX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDCFX Fidelity Advisor Freedom 2020 Fund Class C | -1.88% | 13.47% | 6.05% | 11.14% | -16.84% | 7.64% | 12.30% | 17.51% | -5.79% | 14.18% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | -0.57% | 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, FDCFX achieves a -1.88% return, which is significantly lower than FRAMX's -0.57% return. Over the past 10 years, FDCFX has outperformed FRAMX with an annualized return of 5.80%, while FRAMX has yielded a comparatively lower 3.65% annualized return.
FDCFX
- 1D
- 0.17%
- 1M
- -5.52%
- YTD
- -1.88%
- 6M
- -0.30%
- 1Y
- 9.53%
- 3Y*
- 7.81%
- 5Y*
- 2.93%
- 10Y*
- 5.80%
FRAMX
- 1D
- 0.26%
- 1M
- -3.20%
- YTD
- -0.57%
- 6M
- 0.62%
- 1Y
- 6.78%
- 3Y*
- 5.66%
- 5Y*
- 2.13%
- 10Y*
- 3.65%
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FDCFX vs. FRAMX - Expense Ratio Comparison
FDCFX has a 1.58% expense ratio, which is higher than FRAMX's 0.70% expense ratio.
Return for Risk
FDCFX vs. FRAMX — Risk / Return Rank
FDCFX
FRAMX
FDCFX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2020 Fund Class C (FDCFX) 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.
| FDCFX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.16 | 1.50 | -0.34 |
Sortino ratioReturn per unit of downside risk | 1.63 | 2.09 | -0.46 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.30 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 2.00 | -0.51 |
Martin ratioReturn relative to average drawdown | 6.21 | 8.06 | -1.85 |
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
| FDCFX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 1.50 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.41 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.82 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.49 | -0.10 |
Correlation
The correlation between FDCFX and FRAMX is 0.94, 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
FDCFX vs. FRAMX - Dividend Comparison
FDCFX's dividend yield for the trailing twelve months is around 7.17%, more than FRAMX's 2.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDCFX Fidelity Advisor Freedom 2020 Fund Class C | 7.17% | 7.04% | 3.91% | 1.54% | 8.31% | 10.14% | 6.37% | 6.02% | 8.67% | 5.15% | 3.63% | 3.32% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.91% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
FDCFX vs. FRAMX - Drawdown Comparison
The maximum FDCFX drawdown since its inception was -47.97%, which is greater than FRAMX's maximum drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for FDCFX and FRAMX.
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Drawdown Indicators
| FDCFX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.97% | -33.94% | -14.03% |
Max Drawdown (1Y)Largest decline over 1 year | -6.09% | -3.45% | -2.64% |
Max Drawdown (5Y)Largest decline over 5 years | -23.25% | -16.31% | -6.94% |
Max Drawdown (10Y)Largest decline over 10 years | -23.25% | -16.31% | -6.94% |
Current DrawdownCurrent decline from peak | -5.52% | -3.20% | -2.32% |
Average DrawdownAverage peak-to-trough decline | -6.07% | -3.87% | -2.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 0.86% | +0.60% |
Volatility
FDCFX vs. FRAMX - Volatility Comparison
Fidelity Advisor Freedom 2020 Fund Class C (FDCFX) has a higher volatility of 3.27% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 1.96%. This indicates that FDCFX'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
| FDCFX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.27% | 1.96% | +1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 5.07% | 2.86% | +2.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.27% | 4.59% | +3.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.79% | 5.21% | +3.58% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.01% | 4.47% | +4.54% |