FFFYX vs. FRKMX
Compare and contrast key facts about Fidelity Advisor Freedom 2050 Fund Class C (FFFYX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
FFFYX is managed by Fidelity. It was launched on Jun 1, 2006. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
FFFYX vs. FRKMX - Performance Comparison
Loading graphics...
FFFYX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FFFYX Fidelity Advisor Freedom 2050 Fund Class C | -4.13% | 27.84% | 12.53% | 18.08% | -18.94% | 14.82% | 16.41% | 8.93% |
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, FFFYX achieves a -4.13% return, which is significantly lower than FRKMX's -0.48% return.
FFFYX
- 1D
- -0.28%
- 1M
- -9.29%
- YTD
- -4.13%
- 6M
- -1.26%
- 1Y
- 22.18%
- 3Y*
- 15.32%
- 5Y*
- 7.63%
- 10Y*
- 10.07%
FRKMX
- 1D
- 0.26%
- 1M
- -3.17%
- YTD
- -0.48%
- 6M
- 0.79%
- 1Y
- 7.15%
- 3Y*
- 6.03%
- 5Y*
- 2.48%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FFFYX vs. FRKMX - Expense Ratio Comparison
FFFYX has a 1.75% expense ratio, which is higher than FRKMX's 0.35% expense ratio.
Return for Risk
FFFYX vs. FRKMX — Risk / Return Rank
FFFYX
FRKMX
FFFYX vs. FRKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2050 Fund Class C (FFFYX) 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.
| FFFYX | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.33 | 1.59 | -0.26 |
Sortino ratioReturn per unit of downside risk | 1.95 | 2.20 | -0.25 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.32 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.82 | 2.13 | -0.30 |
Martin ratioReturn relative to average drawdown | 7.97 | 8.58 | -0.61 |
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
| FFFYX | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 1.59 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.48 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.37 | 0.69 | -0.32 |
Correlation
The correlation between FFFYX 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
FFFYX vs. FRKMX - Dividend Comparison
FFFYX's dividend yield for the trailing twelve months is around 10.10%, more than FRKMX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFFYX Fidelity Advisor Freedom 2050 Fund Class C | 10.10% | 9.68% | 0.92% | 0.80% | 10.23% | 9.02% | 4.86% | 6.25% | 10.95% | 3.72% | 3.98% | 2.96% |
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
FFFYX vs. FRKMX - Drawdown Comparison
The maximum FFFYX drawdown since its inception was -58.62%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for FFFYX and FRKMX.
Loading graphics...
Drawdown Indicators
| FFFYX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.62% | -16.04% | -42.58% |
Max Drawdown (1Y)Largest decline over 1 year | -11.10% | -3.42% | -7.68% |
Max Drawdown (5Y)Largest decline over 5 years | -27.99% | -16.04% | -11.95% |
Max Drawdown (10Y)Largest decline over 10 years | -31.38% | — | — |
Current DrawdownCurrent decline from peak | -9.87% | -3.17% | -6.70% |
Average DrawdownAverage peak-to-trough decline | -9.82% | -3.64% | -6.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.54% | 0.85% | +1.69% |
Volatility
FFFYX vs. FRKMX - Volatility Comparison
Fidelity Advisor Freedom 2050 Fund Class C (FFFYX) has a higher volatility of 5.60% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 1.96%. This indicates that FFFYX'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
| FFFYX | FRKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 1.96% | +3.64% |
Volatility (6M)Calculated over the trailing 6-month period | 9.48% | 2.86% | +6.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.65% | 4.58% | +12.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.97% | 5.22% | +9.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.48% | 5.13% | +10.35% |