FEGLX vs. FRAMX
Compare and contrast key facts about Fidelity Advisor Freedom Income Fund Class Z6 (FEGLX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
FEGLX is managed by Fidelity. It was launched on Jun 6, 2017. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
FEGLX vs. FRAMX - Performance Comparison
Loading graphics...
FEGLX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEGLX Fidelity Advisor Freedom Income Fund Class Z6 | -0.51% | 10.34% | 4.42% | 8.29% | -11.32% | 3.24% | 8.90% | 11.21% | -1.67% | 2.51% |
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% | 3.23% |
Returns By Period
In the year-to-date period, FEGLX achieves a -0.51% return, which is significantly higher than FRAMX's -0.57% return.
FEGLX
- 1D
- 0.28%
- 1M
- -3.49%
- YTD
- -0.51%
- 6M
- 0.77%
- 1Y
- 7.26%
- 3Y*
- 6.25%
- 5Y*
- 2.67%
- 10Y*
- —
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%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FEGLX vs. FRAMX - Expense Ratio Comparison
FEGLX has a 0.37% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
FEGLX vs. FRAMX — Risk / Return Rank
FEGLX
FRAMX
FEGLX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Income Fund Class Z6 (FEGLX) 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.
| FEGLX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.57 | 1.50 | +0.07 |
Sortino ratioReturn per unit of downside risk | 2.16 | 2.09 | +0.07 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.30 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.96 | 2.00 | -0.04 |
Martin ratioReturn relative to average drawdown | 8.23 | 8.06 | +0.17 |
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
| FEGLX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 1.50 | +0.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.41 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.49 | +0.30 |
Correlation
The correlation between FEGLX and FRAMX is 0.98, 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
FEGLX vs. FRAMX - Dividend Comparison
FEGLX's dividend yield for the trailing twelve months is around 3.49%, more than FRAMX's 2.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEGLX Fidelity Advisor Freedom Income Fund Class Z6 | 3.49% | 3.37% | 3.35% | 3.10% | 6.08% | 5.38% | 3.92% | 3.86% | 5.76% | 2.24% | 0.00% | 0.00% |
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
FEGLX vs. FRAMX - Drawdown Comparison
The maximum FEGLX drawdown since its inception was -15.79%, smaller than the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for FEGLX and FRAMX.
Loading graphics...
Drawdown Indicators
| FEGLX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.79% | -33.94% | +18.15% |
Max Drawdown (1Y)Largest decline over 1 year | -3.76% | -3.45% | -0.31% |
Max Drawdown (5Y)Largest decline over 5 years | -15.79% | -16.31% | +0.52% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.31% | — |
Current DrawdownCurrent decline from peak | -3.49% | -3.20% | -0.29% |
Average DrawdownAverage peak-to-trough decline | -2.95% | -3.87% | +0.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | 0.86% | +0.04% |
Volatility
FEGLX vs. FRAMX - Volatility Comparison
Fidelity Advisor Freedom Income Fund Class Z6 (FEGLX) has a higher volatility of 2.18% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 1.96%. This indicates that FEGLX'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.
Loading graphics...
Volatility by Period
| FEGLX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.18% | 1.96% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 3.13% | 2.86% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.73% | 4.59% | +0.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.26% | 5.21% | +0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.77% | 4.47% | +0.30% |