FFFPX vs. FRAMX
Compare and contrast key facts about Fidelity Advisor Freedom 2050 Fund Class I (FFFPX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
FFFPX is managed by Fidelity. It was launched on Jun 1, 2006. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
FFFPX vs. FRAMX - Performance Comparison
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FFFPX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFFPX Fidelity Advisor Freedom 2050 Fund Class I | -0.94% | 23.05% | 13.87% | 19.30% | -18.16% | 16.03% | 17.59% | 26.64% | -8.29% | 21.66% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 0.18% | 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, FFFPX achieves a -0.94% return, which is significantly lower than FRAMX's 0.18% return. Over the past 10 years, FFFPX has outperformed FRAMX with an annualized return of 10.99%, while FRAMX has yielded a comparatively lower 3.73% annualized return.
FFFPX
- 1D
- 3.08%
- 1M
- -5.86%
- YTD
- -0.94%
- 6M
- 2.03%
- 1Y
- 20.57%
- 3Y*
- 15.88%
- 5Y*
- 8.07%
- 10Y*
- 10.99%
FRAMX
- 1D
- 0.75%
- 1M
- -2.08%
- YTD
- 0.18%
- 6M
- 1.18%
- 1Y
- 7.30%
- 3Y*
- 5.92%
- 5Y*
- 2.18%
- 10Y*
- 3.73%
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FFFPX vs. FRAMX - Expense Ratio Comparison
FFFPX has a 0.75% expense ratio, which is higher than FRAMX's 0.70% expense ratio.
Return for Risk
FFFPX vs. FRAMX — Risk / Return Rank
FFFPX
FRAMX
FFFPX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2050 Fund Class I (FFFPX) 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.
| FFFPX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.33 | 1.64 | -0.31 |
Sortino ratioReturn per unit of downside risk | 1.90 | 2.30 | -0.40 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.33 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.90 | 2.22 | -0.33 |
Martin ratioReturn relative to average drawdown | 8.22 | 8.81 | -0.59 |
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
| FFFPX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 1.64 | -0.31 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.42 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.71 | 0.84 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.50 | +0.17 |
Correlation
The correlation between FFFPX and FRAMX 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
FFFPX vs. FRAMX - Dividend Comparison
FFFPX's dividend yield for the trailing twelve months is around 5.91%, more than FRAMX's 2.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFPX Fidelity Advisor Freedom 2050 Fund Class I | 5.91% | 5.86% | 0.47% | 1.32% | 10.66% | 9.46% | 5.31% | 6.92% | 11.56% | 4.49% | 4.73% | 3.95% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.88% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
FFFPX vs. FRAMX - Drawdown Comparison
The maximum FFFPX drawdown since its inception was -31.24%, smaller than the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for FFFPX and FRAMX.
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Drawdown Indicators
| FFFPX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.24% | -33.94% | +2.70% |
Max Drawdown (1Y)Largest decline over 1 year | -11.08% | -3.45% | -7.63% |
Max Drawdown (5Y)Largest decline over 5 years | -27.32% | -16.31% | -11.01% |
Max Drawdown (10Y)Largest decline over 10 years | -31.24% | -16.31% | -14.93% |
Current DrawdownCurrent decline from peak | -7.02% | -2.47% | -4.55% |
Average DrawdownAverage peak-to-trough decline | -4.69% | -3.86% | -0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 0.87% | +1.68% |
Volatility
FFFPX vs. FRAMX - Volatility Comparison
Fidelity Advisor Freedom 2050 Fund Class I (FFFPX) has a higher volatility of 6.60% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 2.14%. This indicates that FFFPX'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
| FFFPX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.60% | 2.14% | +4.46% |
Volatility (6M)Calculated over the trailing 6-month period | 9.93% | 2.95% | +6.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.04% | 4.64% | +11.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.85% | 5.22% | +9.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.43% | 4.48% | +10.95% |