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FDKSX vs. FRKMX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FDKSX vs. FRKMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Freedom 2060 Fund Class C (FDKSX) and Fidelity Managed Retirement Income Fund Class K (FRKMX). The values are adjusted to include any dividend payments, if applicable.

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FDKSX vs. FRKMX - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
FDKSX
Fidelity Advisor Freedom 2060 Fund Class C
-1.28%21.84%12.51%18.12%-18.91%14.83%16.31%9.03%
FRKMX
Fidelity Managed Retirement Income Fund Class K
0.27%9.91%4.40%8.17%-11.57%2.88%8.68%3.08%

Returns By Period

In the year-to-date period, FDKSX achieves a -1.28% return, which is significantly lower than FRKMX's 0.27% return.


FDKSX

1D
3.07%
1M
-6.02%
YTD
-1.28%
6M
1.48%
1Y
19.31%
3Y*
14.62%
5Y*
6.96%
10Y*
9.85%

FRKMX

1D
0.75%
1M
-2.05%
YTD
0.27%
6M
1.36%
1Y
7.67%
3Y*
6.29%
5Y*
2.54%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FDKSX vs. FRKMX - Expense Ratio Comparison

FDKSX has a 1.75% expense ratio, which is higher than FRKMX's 0.35% expense ratio.


Return for Risk

FDKSX vs. FRKMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDKSX
FDKSX Risk / Return Rank: 6464
Overall Rank
FDKSX Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
FDKSX Sortino Ratio Rank: 6363
Sortino Ratio Rank
FDKSX Omega Ratio Rank: 6363
Omega Ratio Rank
FDKSX Calmar Ratio Rank: 6565
Calmar Ratio Rank
FDKSX Martin Ratio Rank: 6868
Martin Ratio Rank

FRKMX
FRKMX Risk / Return Rank: 8484
Overall Rank
FRKMX Sharpe Ratio Rank: 8484
Sharpe Ratio Rank
FRKMX Sortino Ratio Rank: 8585
Sortino Ratio Rank
FRKMX Omega Ratio Rank: 8282
Omega Ratio Rank
FRKMX Calmar Ratio Rank: 8484
Calmar Ratio Rank
FRKMX Martin Ratio Rank: 8383
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDKSX vs. FRKMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2060 Fund Class C (FDKSX) 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.


FDKSXFRKMXDifference

Sharpe ratio

Return per unit of total volatility

1.25

1.72

-0.48

Sortino ratio

Return per unit of downside risk

1.80

2.41

-0.62

Omega ratio

Gain probability vs. loss probability

1.27

1.35

-0.08

Calmar ratio

Return relative to maximum drawdown

1.77

2.35

-0.58

Martin ratio

Return relative to average drawdown

7.61

9.34

-1.73

FDKSX vs. FRKMX - Sharpe Ratio Comparison

The current FDKSX Sharpe Ratio is 1.25, which is comparable to the FRKMX Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of FDKSX and FRKMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FDKSXFRKMXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.25

1.72

-0.48

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.47

0.49

-0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.64

Sharpe Ratio (All Time)

Calculated using the full available price history

0.55

0.71

-0.16

Correlation

The correlation between FDKSX and FRKMX is 0.74, 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

FDKSX vs. FRKMX - Dividend Comparison

FDKSX's dividend yield for the trailing twelve months is around 4.26%, more than FRKMX's 3.25% yield.


TTM20252024202320222021202020192018201720162015
FDKSX
Fidelity Advisor Freedom 2060 Fund Class C
4.26%4.20%1.05%1.51%9.79%7.87%3.85%5.46%7.96%2.40%2.52%1.71%
FRKMX
Fidelity Managed Retirement Income Fund Class K
3.25%3.11%3.12%2.92%4.66%3.65%2.56%1.85%0.00%0.00%0.00%0.00%

Drawdowns

FDKSX vs. FRKMX - Drawdown Comparison

The maximum FDKSX drawdown since its inception was -31.32%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for FDKSX and FRKMX.


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Drawdown Indicators


FDKSXFRKMXDifference

Max Drawdown

Largest peak-to-trough decline

-31.32%

-16.04%

-15.28%

Max Drawdown (1Y)

Largest decline over 1 year

-11.14%

-3.42%

-7.72%

Max Drawdown (5Y)

Largest decline over 5 years

-28.02%

-16.04%

-11.98%

Max Drawdown (10Y)

Largest decline over 10 years

-31.32%

Current Drawdown

Current decline from peak

-7.21%

-2.44%

-4.77%

Average Drawdown

Average peak-to-trough decline

-5.50%

-3.64%

-1.86%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.59%

0.86%

+1.73%

Volatility

FDKSX vs. FRKMX - Volatility Comparison

Fidelity Advisor Freedom 2060 Fund Class C (FDKSX) has a higher volatility of 6.62% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 2.14%. This indicates that FDKSX'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


FDKSXFRKMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.62%

2.14%

+4.48%

Volatility (6M)

Calculated over the trailing 6-month period

9.97%

2.95%

+7.02%

Volatility (1Y)

Calculated over the trailing 1-year period

16.02%

4.63%

+11.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.85%

5.23%

+9.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.41%

5.14%

+10.27%