FHDFX vs. FRAMX
Compare and contrast key facts about Fidelity Advisor Freedom Blend 2045 Fund Class C (FHDFX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
FHDFX is managed by Fidelity. It was launched on Aug 31, 2018. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
FHDFX vs. FRAMX - Performance Comparison
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FHDFX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FHDFX Fidelity Advisor Freedom Blend 2045 Fund Class C | -3.79% | 21.40% | 12.39% | 19.34% | -19.85% | 15.00% | 16.66% | 25.21% | -12.19% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | -0.57% | 9.55% | 4.04% | 7.80% | -11.87% | 2.52% | 8.30% | 10.28% | -2.45% |
Returns By Period
In the year-to-date period, FHDFX achieves a -3.79% return, which is significantly lower than FRAMX's -0.57% return.
FHDFX
- 1D
- -0.36%
- 1M
- -9.04%
- YTD
- -3.79%
- 6M
- -0.73%
- 1Y
- 17.19%
- 3Y*
- 13.58%
- 5Y*
- 6.61%
- 10Y*
- —
FRAMX
- 1D
- 0.26%
- 1M
- -3.20%
- YTD
- -0.57%
- 6M
- 0.62%
- 1Y
- 6.78%
- 3Y*
- 5.66%
- 5Y*
- 2.13%
- 10Y*
- 3.65%
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FHDFX vs. FRAMX - Expense Ratio Comparison
FHDFX has a 1.49% expense ratio, which is higher than FRAMX's 0.70% expense ratio.
Return for Risk
FHDFX vs. FRAMX — Risk / Return Rank
FHDFX
FRAMX
FHDFX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom Blend 2045 Fund Class C (FHDFX) 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.
| FHDFX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 1.50 | -0.43 |
Sortino ratioReturn per unit of downside risk | 1.57 | 2.09 | -0.52 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.30 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.34 | 2.00 | -0.66 |
Martin ratioReturn relative to average drawdown | 6.10 | 8.06 | -1.95 |
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
| FHDFX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 1.50 | -0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.41 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.49 | +0.01 |
Correlation
The correlation between FHDFX and FRAMX 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
FHDFX vs. FRAMX - Dividend Comparison
FHDFX's dividend yield for the trailing twelve months is around 2.16%, less than FRAMX's 2.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHDFX Fidelity Advisor Freedom Blend 2045 Fund Class C | 2.16% | 2.08% | 1.65% | 1.20% | 5.64% | 7.99% | 4.46% | 2.63% | 2.80% | 0.00% | 0.00% | 0.00% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.91% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
FHDFX vs. FRAMX - Drawdown Comparison
The maximum FHDFX drawdown since its inception was -31.40%, smaller than the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for FHDFX and FRAMX.
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Drawdown Indicators
| FHDFX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.40% | -33.94% | +2.54% |
Max Drawdown (1Y)Largest decline over 1 year | -11.44% | -3.45% | -7.99% |
Max Drawdown (5Y)Largest decline over 5 years | -28.49% | -16.31% | -12.18% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.31% | — |
Current DrawdownCurrent decline from peak | -9.57% | -3.20% | -6.37% |
Average DrawdownAverage peak-to-trough decline | -6.41% | -3.87% | -2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.51% | 0.86% | +1.65% |
Volatility
FHDFX vs. FRAMX - Volatility Comparison
Fidelity Advisor Freedom Blend 2045 Fund Class C (FHDFX) has a higher volatility of 5.43% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 1.96%. This indicates that FHDFX'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
| FHDFX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.43% | 1.96% | +3.47% |
Volatility (6M)Calculated over the trailing 6-month period | 9.31% | 2.86% | +6.45% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.01% | 4.59% | +11.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.90% | 5.21% | +9.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.89% | 4.47% | +12.42% |