FFFPX vs. FRKMX
Compare and contrast key facts about Fidelity Advisor Freedom 2050 Fund Class I (FFFPX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
FFFPX is managed by Fidelity. It was launched on Jun 1, 2006. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
FFFPX vs. FRKMX - Performance Comparison
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FFFPX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FFFPX Fidelity Advisor Freedom 2050 Fund Class I | -3.90% | 23.05% | 13.87% | 19.30% | -18.16% | 16.03% | 17.59% | 9.44% |
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, FFFPX achieves a -3.90% return, which is significantly lower than FRKMX's -0.48% return.
FFFPX
- 1D
- -0.26%
- 1M
- -9.21%
- YTD
- -3.90%
- 6M
- -0.83%
- 1Y
- 17.57%
- 3Y*
- 14.72%
- 5Y*
- 7.71%
- 10Y*
- 10.65%
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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FFFPX vs. FRKMX - Expense Ratio Comparison
FFFPX has a 0.75% expense ratio, which is higher than FRKMX's 0.35% expense ratio.
Return for Risk
FFFPX vs. FRKMX — Risk / Return Rank
FFFPX
FRKMX
FFFPX vs. FRKMX - 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 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.
| FFFPX | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 1.59 | -0.48 |
Sortino ratioReturn per unit of downside risk | 1.60 | 2.20 | -0.60 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.32 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.42 | 2.13 | -0.71 |
Martin ratioReturn relative to average drawdown | 6.25 | 8.58 | -2.33 |
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 | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 1.59 | -0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.52 | 0.48 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.65 | 0.69 | -0.03 |
Correlation
The correlation between FFFPX and FRKMX is 0.74, 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. FRKMX - Dividend Comparison
FFFPX's dividend yield for the trailing twelve months is around 6.09%, more than FRKMX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFPX Fidelity Advisor Freedom 2050 Fund Class I | 6.09% | 5.86% | 0.47% | 1.32% | 10.66% | 9.46% | 5.31% | 6.92% | 11.56% | 4.49% | 4.73% | 3.95% |
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
FFFPX vs. FRKMX - Drawdown Comparison
The maximum FFFPX drawdown since its inception was -31.24%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for FFFPX and FRKMX.
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Drawdown Indicators
| FFFPX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.24% | -16.04% | -15.20% |
Max Drawdown (1Y)Largest decline over 1 year | -11.08% | -3.42% | -7.66% |
Max Drawdown (5Y)Largest decline over 5 years | -27.32% | -16.04% | -11.28% |
Max Drawdown (10Y)Largest decline over 10 years | -31.24% | — | — |
Current DrawdownCurrent decline from peak | -9.80% | -3.17% | -6.63% |
Average DrawdownAverage peak-to-trough decline | -4.69% | -3.64% | -1.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.52% | 0.85% | +1.67% |
Volatility
FFFPX vs. FRKMX - Volatility Comparison
Fidelity Advisor Freedom 2050 Fund Class I (FFFPX) has a higher volatility of 5.61% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 1.96%. This indicates that FFFPX'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
| FFFPX | FRKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.61% | 1.96% | +3.65% |
Volatility (6M)Calculated over the trailing 6-month period | 9.47% | 2.86% | +6.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.79% | 4.58% | +11.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.79% | 5.22% | +9.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.40% | 5.13% | +10.27% |