FFFAX vs. FRQKX
Compare and contrast key facts about Fidelity Freedom Income Fund (FFFAX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX).
FFFAX is managed by Fidelity. It was launched on Oct 17, 1996. FRQKX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
FFFAX vs. FRQKX - Performance Comparison
Loading graphics...
FFFAX vs. FRQKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FFFAX Fidelity Freedom Income Fund | 0.45% | 10.42% | 4.34% | 8.18% | -11.33% | 3.12% | 8.93% | 3.23% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | 0.27% | 9.91% | 4.42% | 8.62% | -12.30% | 3.95% | 9.68% | 3.94% |
Returns By Period
In the year-to-date period, FFFAX achieves a 0.45% return, which is significantly higher than FRQKX's 0.27% return.
FFFAX
- 1D
- 0.98%
- 1M
- -2.22%
- YTD
- 0.45%
- 6M
- 1.62%
- 1Y
- 8.19%
- 3Y*
- 6.51%
- 5Y*
- 2.71%
- 10Y*
- 4.24%
FRQKX
- 1D
- 0.75%
- 1M
- -2.06%
- YTD
- 0.27%
- 6M
- 1.34%
- 1Y
- 7.69%
- 3Y*
- 6.38%
- 5Y*
- 2.56%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FFFAX vs. FRQKX - Expense Ratio Comparison
FFFAX has a 0.47% expense ratio, which is higher than FRQKX's 0.36% expense ratio.
Return for Risk
FFFAX vs. FRQKX — Risk / Return Rank
FFFAX
FRQKX
FFFAX vs. FRQKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Income Fund (FFFAX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX). 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.
| FFFAX | FRQKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.75 | 1.73 | +0.02 |
Sortino ratioReturn per unit of downside risk | 2.45 | 2.42 | +0.04 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.35 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 2.31 | 2.37 | -0.06 |
Martin ratioReturn relative to average drawdown | 9.52 | 9.37 | +0.15 |
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
| FFFAX | FRQKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 1.73 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.47 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.93 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.03 | 0.70 | +0.33 |
Correlation
The correlation between FFFAX and FRQKX is 0.97, 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
FFFAX vs. FRQKX - Dividend Comparison
FFFAX's dividend yield for the trailing twelve months is around 3.24%, which matches FRQKX's 3.24% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFAX Fidelity Freedom Income Fund | 3.24% | 3.29% | 3.13% | 2.92% | 5.89% | 6.12% | 4.37% | 3.65% | 5.17% | 3.74% | 3.21% | 3.28% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | 3.24% | 3.09% | 2.91% | 2.86% | 5.12% | 6.11% | 3.61% | 2.57% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFFAX vs. FRQKX - Drawdown Comparison
The maximum FFFAX drawdown since its inception was -17.96%, which is greater than FRQKX's maximum drawdown of -16.97%. Use the drawdown chart below to compare losses from any high point for FFFAX and FRQKX.
Loading graphics...
Drawdown Indicators
| FFFAX | FRQKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.96% | -16.97% | -0.99% |
Max Drawdown (1Y)Largest decline over 1 year | -3.68% | -3.42% | -0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -15.87% | -16.97% | +1.10% |
Max Drawdown (10Y)Largest decline over 10 years | -15.87% | — | — |
Current DrawdownCurrent decline from peak | -2.56% | -2.45% | -0.11% |
Average DrawdownAverage peak-to-trough decline | -1.80% | -3.95% | +2.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 0.86% | +0.03% |
Volatility
FFFAX vs. FRQKX - Volatility Comparison
Fidelity Freedom Income Fund (FFFAX) has a higher volatility of 2.44% compared to Fidelity Managed Retirement 2010 Fund Class K (FRQKX) at 2.14%. This indicates that FFFAX's price experiences larger fluctuations and is considered to be riskier than FRQKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FFFAX | FRQKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.44% | 2.14% | +0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 3.29% | 2.96% | +0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.88% | 4.67% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.30% | 5.53% | -0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.58% | 5.77% | -1.19% |