FFFGX vs. FRQKX
Compare and contrast key facts about Fidelity Freedom 2045 Fund (FFFGX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX).
FFFGX is managed by Fidelity. It was launched on Jun 1, 2006. FRQKX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
FFFGX vs. FRQKX - Performance Comparison
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FFFGX vs. FRQKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FFFGX Fidelity Freedom 2045 Fund | 0.69% | 23.77% | 13.95% | 20.56% | -18.29% | 16.55% | 18.22% | 9.81% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | 0.37% | 9.91% | 4.42% | 8.62% | -12.30% | 3.95% | 9.68% | 3.94% |
Returns By Period
In the year-to-date period, FFFGX achieves a 0.69% return, which is significantly higher than FRQKX's 0.37% return.
FFFGX
- 1D
- 1.13%
- 1M
- -2.55%
- YTD
- 0.69%
- 6M
- 3.88%
- 1Y
- 23.25%
- 3Y*
- 16.94%
- 5Y*
- 8.76%
- 10Y*
- 11.35%
FRQKX
- 1D
- 0.11%
- 1M
- -1.34%
- YTD
- 0.37%
- 6M
- 1.35%
- 1Y
- 7.74%
- 3Y*
- 6.41%
- 5Y*
- 2.58%
- 10Y*
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FFFGX vs. FRQKX - Expense Ratio Comparison
FFFGX has a 0.75% expense ratio, which is higher than FRQKX's 0.36% expense ratio.
Return for Risk
FFFGX vs. FRQKX — Risk / Return Rank
FFFGX
FRQKX
FFFGX vs. FRQKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2045 Fund (FFFGX) 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.
| FFFGX | FRQKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.48 | 1.69 | -0.20 |
Sortino ratioReturn per unit of downside risk | 2.11 | 2.36 | -0.25 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.34 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.19 | 2.39 | -0.20 |
Martin ratioReturn relative to average drawdown | 9.66 | 9.32 | +0.34 |
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
| FFFGX | FRQKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 1.69 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.47 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.70 | -0.24 |
Correlation
The correlation between FFFGX and FRQKX is 0.80, 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
FFFGX vs. FRQKX - Dividend Comparison
FFFGX's dividend yield for the trailing twelve months is around 4.37%, more than FRQKX's 3.24% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFGX Fidelity Freedom 2045 Fund | 4.37% | 4.40% | 1.97% | 1.84% | 12.04% | 12.00% | 4.99% | 6.51% | 7.82% | 4.01% | 4.15% | 4.07% |
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
FFFGX vs. FRQKX - Drawdown Comparison
The maximum FFFGX drawdown since its inception was -54.61%, which is greater than FRQKX's maximum drawdown of -16.97%. Use the drawdown chart below to compare losses from any high point for FFFGX and FRQKX.
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Drawdown Indicators
| FFFGX | FRQKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.61% | -16.97% | -37.64% |
Max Drawdown (1Y)Largest decline over 1 year | -9.57% | -3.42% | -6.15% |
Max Drawdown (5Y)Largest decline over 5 years | -27.33% | -16.97% | -10.36% |
Max Drawdown (10Y)Largest decline over 10 years | -30.95% | — | — |
Current DrawdownCurrent decline from peak | -5.81% | -2.34% | -3.47% |
Average DrawdownAverage peak-to-trough decline | -8.42% | -3.95% | -4.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.54% | 0.88% | +1.66% |
Volatility
FFFGX vs. FRQKX - Volatility Comparison
Fidelity Freedom 2045 Fund (FFFGX) has a higher volatility of 6.29% compared to Fidelity Managed Retirement 2010 Fund Class K (FRQKX) at 2.08%. This indicates that FFFGX'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.
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Volatility by Period
| FFFGX | FRQKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.29% | 2.08% | +4.21% |
Volatility (6M)Calculated over the trailing 6-month period | 9.85% | 2.96% | +6.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.17% | 4.67% | +11.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.86% | 5.52% | +9.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.29% | 5.77% | +9.52% |