FFEZX vs. FRAMX
Compare and contrast key facts about Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
FFEZX is managed by Fidelity. It was launched on Oct 2, 2009. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
FFEZX vs. FRAMX - Performance Comparison
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FFEZX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFEZX Fidelity Freedom Index 2035 Fund Institutional Premium Class | -2.97% | 17.36% | 11.27% | 17.31% | -17.55% | 13.80% | 15.58% | 24.92% | -6.72% | 20.40% |
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% | 6.82% |
Returns By Period
In the year-to-date period, FFEZX achieves a -2.97% return, which is significantly lower than FRAMX's -0.57% return. Over the past 10 years, FFEZX has outperformed FRAMX with an annualized return of 9.39%, while FRAMX has yielded a comparatively lower 3.65% annualized return.
FFEZX
- 1D
- 0.04%
- 1M
- -6.68%
- YTD
- -2.97%
- 6M
- -0.63%
- 1Y
- 13.34%
- 3Y*
- 11.80%
- 5Y*
- 6.20%
- 10Y*
- 9.39%
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%
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FFEZX vs. FRAMX - Expense Ratio Comparison
FFEZX has a 0.08% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
FFEZX vs. FRAMX — Risk / Return Rank
FFEZX
FRAMX
FFEZX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX) 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.
| FFEZX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.18 | 1.50 | -0.32 |
Sortino ratioReturn per unit of downside risk | 1.71 | 2.09 | -0.38 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.30 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.48 | 2.00 | -0.52 |
Martin ratioReturn relative to average drawdown | 6.77 | 8.06 | -1.29 |
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
| FFEZX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.18 | 1.50 | -0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.41 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.82 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.49 | +0.13 |
Correlation
The correlation between FFEZX and FRAMX is 0.81, 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
FFEZX vs. FRAMX - Dividend Comparison
FFEZX's dividend yield for the trailing twelve months is around 2.89%, which matches FRAMX's 2.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFEZX Fidelity Freedom Index 2035 Fund Institutional Premium Class | 2.89% | 2.80% | 2.54% | 2.13% | 2.08% | 2.04% | 2.18% | 16.18% | 2.27% | 1.85% | 2.01% | 2.04% |
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
FFEZX vs. FRAMX - Drawdown Comparison
The maximum FFEZX drawdown since its inception was -28.46%, smaller than the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for FFEZX and FRAMX.
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Drawdown Indicators
| FFEZX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.46% | -33.94% | +5.48% |
Max Drawdown (1Y)Largest decline over 1 year | -8.38% | -3.45% | -4.93% |
Max Drawdown (5Y)Largest decline over 5 years | -24.83% | -16.31% | -8.52% |
Max Drawdown (10Y)Largest decline over 10 years | -28.46% | -16.31% | -12.15% |
Current DrawdownCurrent decline from peak | -6.92% | -3.20% | -3.72% |
Average DrawdownAverage peak-to-trough decline | -4.56% | -3.87% | -0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.83% | 0.86% | +0.97% |
Volatility
FFEZX vs. FRAMX - Volatility Comparison
Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX) has a higher volatility of 3.88% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 1.96%. This indicates that FFEZX'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.
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Volatility by Period
| FFEZX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.88% | 1.96% | +1.92% |
Volatility (6M)Calculated over the trailing 6-month period | 6.53% | 2.86% | +3.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.40% | 4.59% | +6.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.86% | 5.21% | +6.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.34% | 4.47% | +8.87% |