FIHFX vs. FRAMX
Compare and contrast key facts about Fidelity Freedom Index 2035 Fund Investor Class (FIHFX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
FIHFX is managed by Fidelity. It was launched on Oct 2, 2009. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
FIHFX vs. FRAMX - Performance Comparison
Loading graphics...
FIHFX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIHFX Fidelity Freedom Index 2035 Fund Investor Class | -1.09% | 17.32% | 11.22% | 17.25% | -17.49% | 13.73% | 15.54% | 24.87% | -6.77% | 20.35% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 0.18% | 9.55% | 4.04% | 7.80% | -11.87% | 2.52% | 8.30% | 10.28% | -2.05% | 6.82% |
Returns By Period
In the year-to-date period, FIHFX achieves a -1.09% return, which is significantly lower than FRAMX's 0.18% return. Over the past 10 years, FIHFX has outperformed FRAMX with an annualized return of 9.56%, while FRAMX has yielded a comparatively lower 3.73% annualized return.
FIHFX
- 1D
- 1.93%
- 1M
- -4.36%
- YTD
- -1.09%
- 6M
- 0.97%
- 1Y
- 15.05%
- 3Y*
- 12.49%
- 5Y*
- 6.36%
- 10Y*
- 9.56%
FRAMX
- 1D
- 0.75%
- 1M
- -2.08%
- YTD
- 0.18%
- 6M
- 1.18%
- 1Y
- 7.30%
- 3Y*
- 5.92%
- 5Y*
- 2.18%
- 10Y*
- 3.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIHFX vs. FRAMX - Expense Ratio Comparison
FIHFX has a 0.12% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
FIHFX vs. FRAMX — Risk / Return Rank
FIHFX
FRAMX
FIHFX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2035 Fund Investor Class (FIHFX) 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.
| FIHFX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 1.64 | -0.29 |
Sortino ratioReturn per unit of downside risk | 1.94 | 2.30 | -0.35 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.33 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.86 | 2.22 | -0.36 |
Martin ratioReturn relative to average drawdown | 8.38 | 8.81 | -0.43 |
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
| FIHFX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 1.64 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.42 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.72 | 0.84 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.50 | +0.18 |
Correlation
The correlation between FIHFX and FRAMX is 0.87, 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
FIHFX vs. FRAMX - Dividend Comparison
FIHFX's dividend yield for the trailing twelve months is around 2.80%, less than FRAMX's 2.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIHFX Fidelity Freedom Index 2035 Fund Investor Class | 2.80% | 2.77% | 2.50% | 2.10% | 2.14% | 1.93% | 2.15% | 16.14% | 2.21% | 1.81% | 1.95% | 2.03% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.88% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
FIHFX vs. FRAMX - Drawdown Comparison
The maximum FIHFX drawdown since its inception was -28.42%, smaller than the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for FIHFX and FRAMX.
Loading graphics...
Drawdown Indicators
| FIHFX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.42% | -33.94% | +5.52% |
Max Drawdown (1Y)Largest decline over 1 year | -8.38% | -3.45% | -4.93% |
Max Drawdown (5Y)Largest decline over 5 years | -24.84% | -16.31% | -8.53% |
Max Drawdown (10Y)Largest decline over 10 years | -28.42% | -16.31% | -12.11% |
Current DrawdownCurrent decline from peak | -5.12% | -2.47% | -2.65% |
Average DrawdownAverage peak-to-trough decline | -4.02% | -3.86% | -0.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 0.87% | +0.99% |
Volatility
FIHFX vs. FRAMX - Volatility Comparison
Fidelity Freedom Index 2035 Fund Investor Class (FIHFX) has a higher volatility of 4.47% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 2.14%. This indicates that FIHFX'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.
Loading graphics...
Volatility by Period
| FIHFX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.47% | 2.14% | +2.33% |
Volatility (6M)Calculated over the trailing 6-month period | 6.79% | 2.95% | +3.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.54% | 4.64% | +6.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.90% | 5.22% | +6.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.36% | 4.48% | +8.88% |