FHRDX vs. FRIMX
Compare and contrast key facts about Fidelity Freedom Blend Income Fund Class K6 (FHRDX) and Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX).
FHRDX is managed by Fidelity. It was launched on Aug 31, 2018. FRIMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
FHRDX vs. FRIMX - Performance Comparison
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FHRDX vs. FRIMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FHRDX Fidelity Freedom Blend Income Fund Class K6 | -0.45% | 10.18% | 4.41% | 8.29% | -11.59% | 3.03% | 8.77% | 10.78% | -2.11% |
FRIMX Fidelity Advisor Managed Retirement Income Fund Class I | -0.51% | 9.94% | 4.30% | 8.06% | -11.66% | 2.78% | 8.57% | 10.57% | -2.37% |
Returns By Period
In the year-to-date period, FHRDX achieves a -0.45% return, which is significantly higher than FRIMX's -0.51% return.
FHRDX
- 1D
- 0.29%
- 1M
- -3.42%
- YTD
- -0.45%
- 6M
- 0.87%
- 1Y
- 7.34%
- 3Y*
- 6.15%
- 5Y*
- 2.58%
- 10Y*
- —
FRIMX
- 1D
- 0.26%
- 1M
- -3.19%
- YTD
- -0.51%
- 6M
- 0.75%
- 1Y
- 7.05%
- 3Y*
- 5.96%
- 5Y*
- 2.40%
- 10Y*
- 3.92%
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FHRDX vs. FRIMX - Expense Ratio Comparison
FHRDX has a 0.21% expense ratio, which is lower than FRIMX's 0.45% expense ratio.
Return for Risk
FHRDX vs. FRIMX — Risk / Return Rank
FHRDX
FRIMX
FHRDX vs. FRIMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Blend Income Fund Class K6 (FHRDX) and Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX). 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.
| FHRDX | FRIMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.57 | 1.56 | +0.01 |
Sortino ratioReturn per unit of downside risk | 2.19 | 2.17 | +0.02 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.31 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 2.01 | 2.08 | -0.07 |
Martin ratioReturn relative to average drawdown | 8.52 | 8.41 | +0.12 |
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
| FHRDX | FRIMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.57 | 1.56 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.46 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.78 | 0.53 | +0.25 |
Correlation
The correlation between FHRDX and FRIMX is 0.98, 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
FHRDX vs. FRIMX - Dividend Comparison
FHRDX's dividend yield for the trailing twelve months is around 3.45%, more than FRIMX's 3.15% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHRDX Fidelity Freedom Blend Income Fund Class K6 | 3.45% | 3.32% | 3.21% | 3.05% | 4.82% | 4.13% | 2.75% | 2.54% | 1.55% | 0.00% | 0.00% | 0.00% |
FRIMX Fidelity Advisor Managed Retirement Income Fund Class I | 3.15% | 3.11% | 3.01% | 2.82% | 4.52% | 3.54% | 2.41% | 2.56% | 4.67% | 8.56% | 1.67% | 1.68% |
Drawdowns
FHRDX vs. FRIMX - Drawdown Comparison
The maximum FHRDX drawdown since its inception was -16.01%, smaller than the maximum FRIMX drawdown of -33.73%. Use the drawdown chart below to compare losses from any high point for FHRDX and FRIMX.
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Drawdown Indicators
| FHRDX | FRIMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.01% | -33.73% | +17.72% |
Max Drawdown (1Y)Largest decline over 1 year | -3.70% | -3.44% | -0.26% |
Max Drawdown (5Y)Largest decline over 5 years | -16.01% | -16.12% | +0.11% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.12% | — |
Current DrawdownCurrent decline from peak | -3.42% | -3.19% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -3.27% | -3.74% | +0.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | 0.85% | +0.02% |
Volatility
FHRDX vs. FRIMX - Volatility Comparison
Fidelity Freedom Blend Income Fund Class K6 (FHRDX) has a higher volatility of 2.17% compared to Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX) at 1.95%. This indicates that FHRDX's price experiences larger fluctuations and is considered to be riskier than FRIMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHRDX | FRIMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.17% | 1.95% | +0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 3.19% | 2.86% | +0.33% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.80% | 4.59% | +0.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.28% | 5.21% | +0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.95% | 4.47% | +0.48% |