FHTKX vs. FRQKX
Compare and contrast key facts about Fidelity Freedom 2040 Fund Class K6 (FHTKX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX).
FHTKX is managed by Fidelity. It was launched on Sep 6, 2000. FRQKX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
FHTKX vs. FRQKX - Performance Comparison
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FHTKX vs. FRQKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FHTKX Fidelity Freedom 2040 Fund Class K6 | -2.85% | 22.35% | 16.63% | 20.25% | -18.08% | 16.80% | 18.62% | 9.95% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | -0.48% | 9.91% | 4.42% | 8.62% | -12.30% | 3.95% | 9.68% | 3.94% |
Returns By Period
In the year-to-date period, FHTKX achieves a -2.85% return, which is significantly lower than FRQKX's -0.48% return.
FHTKX
- 1D
- -0.23%
- 1M
- -8.23%
- YTD
- -2.85%
- 6M
- 0.51%
- 1Y
- 18.44%
- 3Y*
- 15.92%
- 5Y*
- 8.57%
- 10Y*
- —
FRQKX
- 1D
- 0.25%
- 1M
- -3.18%
- YTD
- -0.48%
- 6M
- 0.80%
- 1Y
- 7.18%
- 3Y*
- 6.11%
- 5Y*
- 2.52%
- 10Y*
- —
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FHTKX vs. FRQKX - Expense Ratio Comparison
FHTKX has a 0.50% expense ratio, which is higher than FRQKX's 0.36% expense ratio.
Return for Risk
FHTKX vs. FRQKX — Risk / Return Rank
FHTKX
FRQKX
FHTKX vs. FRQKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom 2040 Fund Class K6 (FHTKX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX). 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.
| FHTKX | FRQKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.28 | 1.58 | -0.30 |
Sortino ratioReturn per unit of downside risk | 1.83 | 2.20 | -0.37 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.32 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.54 | 2.12 | -0.58 |
Martin ratioReturn relative to average drawdown | 7.06 | 8.53 | -1.47 |
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
| FHTKX | FRQKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.28 | 1.58 | -0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.46 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.68 | -0.01 |
Correlation
The correlation between FHTKX and FRQKX is 0.80, 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
FHTKX vs. FRQKX - Dividend Comparison
FHTKX's dividend yield for the trailing twelve months is around 5.43%, more than FRQKX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FHTKX Fidelity Freedom 2040 Fund Class K6 | 5.43% | 5.27% | 5.65% | 2.00% | 12.68% | 12.37% | 5.93% | 7.00% | 8.48% | 3.12% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | 3.27% | 3.09% | 2.91% | 2.86% | 5.12% | 6.11% | 3.61% | 2.57% | 0.00% | 0.00% |
Drawdowns
FHTKX vs. FRQKX - Drawdown Comparison
The maximum FHTKX drawdown since its inception was -30.95%, which is greater than FRQKX's maximum drawdown of -16.97%. Use the drawdown chart below to compare losses from any high point for FHTKX and FRQKX.
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Drawdown Indicators
| FHTKX | FRQKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.95% | -16.97% | -13.98% |
Max Drawdown (1Y)Largest decline over 1 year | -10.30% | -3.42% | -6.88% |
Max Drawdown (5Y)Largest decline over 5 years | -27.05% | -16.97% | -10.08% |
Current DrawdownCurrent decline from peak | -8.69% | -3.18% | -5.51% |
Average DrawdownAverage peak-to-trough decline | -5.53% | -3.95% | -1.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.34% | 0.85% | +1.49% |
Volatility
FHTKX vs. FRQKX - Volatility Comparison
Fidelity Freedom 2040 Fund Class K6 (FHTKX) has a higher volatility of 5.06% compared to Fidelity Managed Retirement 2010 Fund Class K (FRQKX) at 1.97%. This indicates that FHTKX's price experiences larger fluctuations and is considered to be riskier than FRQKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FHTKX | FRQKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.06% | 1.97% | +3.09% |
Volatility (6M)Calculated over the trailing 6-month period | 8.52% | 2.87% | +5.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.44% | 4.62% | +9.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.27% | 5.52% | +8.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.56% | 5.77% | +9.79% |