FDIFX vs. FRKMX
Compare and contrast key facts about Fidelity Advisor Freedom 2020 Fund Class I (FDIFX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
FDIFX is managed by Fidelity. It was launched on Jul 24, 2003. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
FDIFX vs. FRKMX - Performance Comparison
Loading graphics...
FDIFX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FDIFX Fidelity Advisor Freedom 2020 Fund Class I | -1.57% | 14.57% | 7.11% | 12.37% | -16.02% | 8.68% | 13.43% | 6.15% |
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, FDIFX achieves a -1.57% return, which is significantly lower than FRKMX's -0.48% return.
FDIFX
- 1D
- 0.16%
- 1M
- -5.37%
- YTD
- -1.57%
- 6M
- 0.29%
- 1Y
- 10.65%
- 3Y*
- 8.90%
- 5Y*
- 3.98%
- 10Y*
- 6.87%
FRKMX
- 1D
- 0.26%
- 1M
- -3.17%
- YTD
- -0.48%
- 6M
- 0.79%
- 1Y
- 7.15%
- 3Y*
- 6.03%
- 5Y*
- 2.48%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FDIFX vs. FRKMX - Expense Ratio Comparison
FDIFX has a 0.58% expense ratio, which is higher than FRKMX's 0.35% expense ratio.
Return for Risk
FDIFX vs. FRKMX — Risk / Return Rank
FDIFX
FRKMX
FDIFX vs. FRKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2020 Fund Class I (FDIFX) 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.
| FDIFX | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.31 | 1.59 | -0.27 |
Sortino ratioReturn per unit of downside risk | 1.84 | 2.20 | -0.36 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.32 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.67 | 2.13 | -0.45 |
Martin ratioReturn relative to average drawdown | 7.14 | 8.58 | -1.45 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FDIFX | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.31 | 1.59 | -0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.48 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.69 | -0.22 |
Correlation
The correlation between FDIFX 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
FDIFX vs. FRKMX - Dividend Comparison
FDIFX's dividend yield for the trailing twelve months is around 7.88%, more than FRKMX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIFX Fidelity Advisor Freedom 2020 Fund Class I | 7.88% | 7.75% | 4.02% | 2.25% | 8.95% | 10.81% | 7.15% | 6.84% | 9.66% | 6.08% | 4.56% | 3.55% |
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
FDIFX vs. FRKMX - Drawdown Comparison
The maximum FDIFX drawdown since its inception was -47.24%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for FDIFX and FRKMX.
Loading graphics...
Drawdown Indicators
| FDIFX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.24% | -16.04% | -31.20% |
Max Drawdown (1Y)Largest decline over 1 year | -6.10% | -3.42% | -2.68% |
Max Drawdown (5Y)Largest decline over 5 years | -22.52% | -16.04% | -6.48% |
Max Drawdown (10Y)Largest decline over 10 years | -22.52% | — | — |
Current DrawdownCurrent decline from peak | -5.37% | -3.17% | -2.20% |
Average DrawdownAverage peak-to-trough decline | -5.46% | -3.64% | -1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.43% | 0.85% | +0.58% |
Volatility
FDIFX vs. FRKMX - Volatility Comparison
Fidelity Advisor Freedom 2020 Fund Class I (FDIFX) has a higher volatility of 3.19% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 1.96%. This indicates that FDIFX'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.
Loading graphics...
Volatility by Period
| FDIFX | FRKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.19% | 1.96% | +1.23% |
Volatility (6M)Calculated over the trailing 6-month period | 4.94% | 2.86% | +2.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.22% | 4.58% | +3.64% |
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 | 9.02% | 5.13% | +3.89% |