FFEZX vs. FRKMX
Compare and contrast key facts about Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
FFEZX is managed by Fidelity. It was launched on Oct 2, 2009. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
FFEZX vs. FRKMX - Performance Comparison
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FFEZX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FFEZX Fidelity Freedom Index 2035 Fund Institutional Premium Class | -1.05% | 17.36% | 11.27% | 17.31% | -17.55% | 13.80% | 15.58% | 8.12% |
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, FFEZX achieves a -1.05% return, which is significantly lower than FRKMX's -0.48% return.
FFEZX
- 1D
- 1.97%
- 1M
- -4.32%
- YTD
- -1.05%
- 6M
- 0.99%
- 1Y
- 15.14%
- 3Y*
- 12.53%
- 5Y*
- 6.38%
- 10Y*
- 9.61%
FRKMX
- 1D
- 0.26%
- 1M
- -3.17%
- YTD
- -0.48%
- 6M
- 0.79%
- 1Y
- 7.15%
- 3Y*
- 6.03%
- 5Y*
- 2.48%
- 10Y*
- —
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FFEZX vs. FRKMX - Expense Ratio Comparison
FFEZX has a 0.08% expense ratio, which is lower than FRKMX's 0.35% expense ratio.
Return for Risk
FFEZX vs. FRKMX — Risk / Return Rank
FFEZX
FRKMX
FFEZX vs. FRKMX - 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 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.
| FFEZX | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.36 | 1.59 | -0.23 |
Sortino ratioReturn per unit of downside risk | 1.95 | 2.20 | -0.25 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.32 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.86 | 2.13 | -0.26 |
Martin ratioReturn relative to average drawdown | 8.42 | 8.58 | -0.16 |
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 | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 1.59 | -0.23 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.48 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.69 | -0.05 |
Correlation
The correlation between FFEZX and FRKMX is 0.78, 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. FRKMX - Dividend Comparison
FFEZX's dividend yield for the trailing twelve months is around 2.83%, less than FRKMX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFEZX Fidelity Freedom Index 2035 Fund Institutional Premium Class | 2.83% | 2.80% | 2.54% | 2.13% | 2.08% | 2.04% | 2.18% | 16.18% | 2.27% | 1.85% | 2.01% | 2.04% |
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
FFEZX vs. FRKMX - Drawdown Comparison
The maximum FFEZX drawdown since its inception was -28.46%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for FFEZX and FRKMX.
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Drawdown Indicators
| FFEZX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.46% | -16.04% | -12.42% |
Max Drawdown (1Y)Largest decline over 1 year | -8.38% | -3.42% | -4.96% |
Max Drawdown (5Y)Largest decline over 5 years | -24.83% | -16.04% | -8.79% |
Max Drawdown (10Y)Largest decline over 10 years | -28.46% | — | — |
Current DrawdownCurrent decline from peak | -5.08% | -3.17% | -1.91% |
Average DrawdownAverage peak-to-trough decline | -4.56% | -3.64% | -0.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 0.85% | +1.01% |
Volatility
FFEZX vs. FRKMX - Volatility Comparison
Fidelity Freedom Index 2035 Fund Institutional Premium Class (FFEZX) has a higher volatility of 4.49% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 1.96%. This indicates that FFEZX'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
| FFEZX | FRKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.49% | 1.96% | +2.53% |
Volatility (6M)Calculated over the trailing 6-month period | 6.81% | 2.86% | +3.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.54% | 4.58% | +6.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.89% | 5.22% | +6.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.35% | 5.13% | +8.22% |