FDFPX vs. FRIMX
Compare and contrast key facts about Fidelity Flex Freedom Blend 2065 Fund (FDFPX) and Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX).
FDFPX is managed by Fidelity. It was launched on Jun 28, 2019. FRIMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
FDFPX vs. FRIMX - Performance Comparison
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FDFPX vs. FRIMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FDFPX Fidelity Flex Freedom Blend 2065 Fund | -3.52% | 22.81% | 17.81% | 20.93% | -18.57% | 16.84% | 18.54% | 9.17% |
FRIMX Fidelity Advisor Managed Retirement Income Fund Class I | -0.51% | 9.94% | 4.30% | 8.06% | -11.66% | 2.78% | 8.57% | 3.34% |
Returns By Period
In the year-to-date period, FDFPX achieves a -3.52% return, which is significantly lower than FRIMX's -0.51% return.
FDFPX
- 1D
- -0.34%
- 1M
- -8.98%
- YTD
- -3.52%
- 6M
- -0.10%
- 1Y
- 18.49%
- 3Y*
- 16.30%
- 5Y*
- 8.83%
- 10Y*
- —
FRIMX
- 1D
- 0.26%
- 1M
- -3.19%
- YTD
- -0.51%
- 6M
- 0.75%
- 1Y
- 7.05%
- 3Y*
- 5.96%
- 5Y*
- 2.40%
- 10Y*
- 3.92%
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FDFPX vs. FRIMX - Expense Ratio Comparison
FDFPX has a 0.00% expense ratio, which is lower than FRIMX's 0.45% expense ratio.
Return for Risk
FDFPX vs. FRIMX — Risk / Return Rank
FDFPX
FRIMX
FDFPX vs. FRIMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2065 Fund (FDFPX) and Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX). 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.
| FDFPX | FRIMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.16 | 1.56 | -0.40 |
Sortino ratioReturn per unit of downside risk | 1.68 | 2.17 | -0.49 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.31 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.47 | 2.08 | -0.61 |
Martin ratioReturn relative to average drawdown | 6.74 | 8.41 | -1.67 |
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
| FDFPX | FRIMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 1.56 | -0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.46 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.53 | +0.14 |
Correlation
The correlation between FDFPX and FRIMX is 0.73, 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
FDFPX vs. FRIMX - Dividend Comparison
FDFPX's dividend yield for the trailing twelve months is around 2.98%, less than FRIMX's 3.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDFPX Fidelity Flex Freedom Blend 2065 Fund | 2.98% | 2.87% | 6.56% | 2.22% | 5.41% | 8.52% | 5.38% | 3.19% | 0.00% | 0.00% | 0.00% | 0.00% |
FRIMX Fidelity Advisor Managed Retirement Income Fund Class I | 3.15% | 3.11% | 3.01% | 2.82% | 4.52% | 3.54% | 2.41% | 2.56% | 4.67% | 8.56% | 1.67% | 1.68% |
Drawdowns
FDFPX vs. FRIMX - Drawdown Comparison
The maximum FDFPX drawdown since its inception was -31.22%, smaller than the maximum FRIMX drawdown of -33.73%. Use the drawdown chart below to compare losses from any high point for FDFPX and FRIMX.
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Drawdown Indicators
| FDFPX | FRIMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.22% | -33.73% | +2.51% |
Max Drawdown (1Y)Largest decline over 1 year | -11.32% | -3.44% | -7.88% |
Max Drawdown (5Y)Largest decline over 5 years | -27.41% | -16.12% | -11.29% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.12% | — |
Current DrawdownCurrent decline from peak | -9.54% | -3.19% | -6.35% |
Average DrawdownAverage peak-to-trough decline | -5.97% | -3.74% | -2.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 0.85% | +1.63% |
Volatility
FDFPX vs. FRIMX - Volatility Comparison
Fidelity Flex Freedom Blend 2065 Fund (FDFPX) has a higher volatility of 5.50% compared to Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX) at 1.95%. This indicates that FDFPX's price experiences larger fluctuations and is considered to be riskier than FRIMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDFPX | FRIMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.50% | 1.95% | +3.55% |
Volatility (6M)Calculated over the trailing 6-month period | 9.39% | 2.86% | +6.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.98% | 4.59% | +11.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.92% | 5.21% | +9.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.20% | 4.47% | +12.73% |