FFFQX vs. FRKMX
Compare and contrast key facts about Fidelity Advisor Freedom 2050 Fund Class M (FFFQX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
FFFQX is managed by Fidelity. It was launched on Jun 1, 2006. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
FFFQX vs. FRKMX - Performance Comparison
Loading graphics...
FFFQX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FFFQX Fidelity Advisor Freedom 2050 Fund Class M | -1.12% | 22.44% | 13.11% | 18.59% | -18.53% | 15.46% | 16.93% | 9.25% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 0.27% | 9.91% | 4.40% | 8.17% | -11.57% | 2.88% | 8.68% | 3.08% |
Returns By Period
In the year-to-date period, FFFQX achieves a -1.12% return, which is significantly lower than FRKMX's 0.27% return.
FFFQX
- 1D
- 3.01%
- 1M
- -5.93%
- YTD
- -1.12%
- 6M
- 1.73%
- 1Y
- 19.89%
- 3Y*
- 15.20%
- 5Y*
- 7.47%
- 10Y*
- 10.41%
FRKMX
- 1D
- 0.75%
- 1M
- -2.05%
- YTD
- 0.27%
- 6M
- 1.36%
- 1Y
- 7.67%
- 3Y*
- 6.29%
- 5Y*
- 2.54%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FFFQX vs. FRKMX - Expense Ratio Comparison
FFFQX has a 1.25% expense ratio, which is higher than FRKMX's 0.35% expense ratio.
Return for Risk
FFFQX vs. FRKMX — Risk / Return Rank
FFFQX
FRKMX
FFFQX vs. FRKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2050 Fund Class M (FFFQX) 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.
| FFFQX | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 1.72 | -0.43 |
Sortino ratioReturn per unit of downside risk | 1.86 | 2.41 | -0.56 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.35 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.84 | 2.35 | -0.52 |
Martin ratioReturn relative to average drawdown | 7.94 | 9.34 | -1.40 |
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
| FFFQX | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 1.72 | -0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.49 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.68 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.71 | -0.32 |
Correlation
The correlation between FFFQX 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
FFFQX vs. FRKMX - Dividend Comparison
FFFQX's dividend yield for the trailing twelve months is around 5.86%, more than FRKMX's 3.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFQX Fidelity Advisor Freedom 2050 Fund Class M | 5.86% | 5.79% | 1.25% | 1.08% | 10.39% | 9.23% | 5.07% | 6.49% | 11.27% | 4.06% | 4.30% | 3.45% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 3.25% | 3.11% | 3.12% | 2.92% | 4.66% | 3.65% | 2.56% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFFQX vs. FRKMX - Drawdown Comparison
The maximum FFFQX drawdown since its inception was -58.33%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for FFFQX and FRKMX.
Loading graphics...
Drawdown Indicators
| FFFQX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.33% | -16.04% | -42.29% |
Max Drawdown (1Y)Largest decline over 1 year | -11.09% | -3.42% | -7.67% |
Max Drawdown (5Y)Largest decline over 5 years | -27.62% | -16.04% | -11.58% |
Max Drawdown (10Y)Largest decline over 10 years | -31.27% | — | — |
Current DrawdownCurrent decline from peak | -7.09% | -2.44% | -4.65% |
Average DrawdownAverage peak-to-trough decline | -9.39% | -3.64% | -5.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.56% | 0.86% | +1.70% |
Volatility
FFFQX vs. FRKMX - Volatility Comparison
Fidelity Advisor Freedom 2050 Fund Class M (FFFQX) has a higher volatility of 6.55% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 2.14%. This indicates that FFFQX'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.
Loading graphics...
Volatility by Period
| FFFQX | FRKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.55% | 2.14% | +4.41% |
Volatility (6M)Calculated over the trailing 6-month period | 9.87% | 2.95% | +6.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.98% | 4.63% | +11.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.84% | 5.23% | +9.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.43% | 5.14% | +10.29% |