FDCFX vs. FRKMX
Compare and contrast key facts about Fidelity Advisor Freedom 2020 Fund Class C (FDCFX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
FDCFX is managed by Fidelity. It was launched on Jul 24, 2003. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
FDCFX vs. FRKMX - Performance Comparison
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FDCFX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FDCFX Fidelity Advisor Freedom 2020 Fund Class C | -1.88% | 13.47% | 6.05% | 11.14% | -16.84% | 7.64% | 12.30% | 5.69% |
FRKMX Fidelity Managed Retirement Income Fund Class K | -0.48% | 9.91% | 4.40% | 8.17% | -11.57% | 2.88% | 8.68% | 3.08% |
Returns By Period
In the year-to-date period, FDCFX achieves a -1.88% return, which is significantly lower than FRKMX's -0.48% 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%
FRKMX
- 1D
- 0.26%
- 1M
- -3.17%
- YTD
- -0.48%
- 6M
- 0.79%
- 1Y
- 7.15%
- 3Y*
- 6.03%
- 5Y*
- 2.48%
- 10Y*
- —
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FDCFX vs. FRKMX - Expense Ratio Comparison
FDCFX has a 1.58% expense ratio, which is higher than FRKMX's 0.35% expense ratio.
Return for Risk
FDCFX vs. FRKMX — Risk / Return Rank
FDCFX
FRKMX
FDCFX vs. FRKMX - 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 Managed Retirement Income Fund Class K (FRKMX). 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 | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.16 | 1.59 | -0.43 |
Sortino ratioReturn per unit of downside risk | 1.63 | 2.20 | -0.57 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.32 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 2.13 | -0.64 |
Martin ratioReturn relative to average drawdown | 6.21 | 8.58 | -2.37 |
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 | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 1.59 | -0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.34 | 0.48 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.69 | -0.30 |
Correlation
The correlation between FDCFX and FRKMX is 0.89, 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. FRKMX - Dividend Comparison
FDCFX's dividend yield for the trailing twelve months is around 7.17%, more than FRKMX's 3.27% 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% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 3.27% | 3.11% | 3.12% | 2.92% | 4.66% | 3.65% | 2.56% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FDCFX vs. FRKMX - Drawdown Comparison
The maximum FDCFX drawdown since its inception was -47.97%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for FDCFX and FRKMX.
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Drawdown Indicators
| FDCFX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.97% | -16.04% | -31.93% |
Max Drawdown (1Y)Largest decline over 1 year | -6.09% | -3.42% | -2.67% |
Max Drawdown (5Y)Largest decline over 5 years | -23.25% | -16.04% | -7.21% |
Max Drawdown (10Y)Largest decline over 10 years | -23.25% | — | — |
Current DrawdownCurrent decline from peak | -5.52% | -3.17% | -2.35% |
Average DrawdownAverage peak-to-trough decline | -6.07% | -3.64% | -2.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.46% | 0.85% | +0.61% |
Volatility
FDCFX vs. FRKMX - Volatility Comparison
Fidelity Advisor Freedom 2020 Fund Class C (FDCFX) has a higher volatility of 3.27% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 1.96%. This indicates that FDCFX's price experiences larger fluctuations and is considered to be riskier than FRKMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDCFX | FRKMX | 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% | 4.58% | +3.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.79% | 5.22% | +3.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.01% | 5.13% | +3.88% |