FIRFX vs. FRKMX
Compare and contrast key facts about Fidelity Advisor Managed Retirement 2025 Fund Class I (FIRFX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
FIRFX is managed by BlackRock. It was launched on Dec 31, 2007. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
FIRFX vs. FRKMX - Performance Comparison
Loading graphics...
FIRFX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FIRFX Fidelity Advisor Managed Retirement 2025 Fund Class I | -0.06% | 13.43% | 6.55% | 11.83% | -15.66% | 8.02% | 13.09% | 6.08% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 0.27% | 9.91% | 4.40% | 8.17% | -11.57% | 2.88% | 8.68% | 3.08% |
Returns By Period
In the year-to-date period, FIRFX achieves a -0.06% return, which is significantly lower than FRKMX's 0.27% return.
FIRFX
- 1D
- 1.33%
- 1M
- -3.20%
- YTD
- -0.06%
- 6M
- 1.51%
- 1Y
- 11.08%
- 3Y*
- 8.74%
- 5Y*
- 3.75%
- 10Y*
- 6.59%
FRKMX
- 1D
- 0.75%
- 1M
- -2.05%
- YTD
- 0.27%
- 6M
- 1.36%
- 1Y
- 7.67%
- 3Y*
- 6.29%
- 5Y*
- 2.54%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIRFX vs. FRKMX - Expense Ratio Comparison
FIRFX has a 0.48% expense ratio, which is higher than FRKMX's 0.35% expense ratio.
Return for Risk
FIRFX vs. FRKMX — Risk / Return Rank
FIRFX
FRKMX
FIRFX vs. FRKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Managed Retirement 2025 Fund Class I (FIRFX) 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.
| FIRFX | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.50 | 1.72 | -0.22 |
Sortino ratioReturn per unit of downside risk | 2.12 | 2.41 | -0.29 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.35 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.04 | 2.35 | -0.31 |
Martin ratioReturn relative to average drawdown | 8.59 | 9.34 | -0.75 |
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
| FIRFX | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.50 | 1.72 | -0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.49 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.71 | -0.22 |
Correlation
The correlation between FIRFX and FRKMX is 0.91, 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
FIRFX vs. FRKMX - Dividend Comparison
FIRFX's dividend yield for the trailing twelve months is around 2.68%, less than FRKMX's 3.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIRFX Fidelity Advisor Managed Retirement 2025 Fund Class I | 2.68% | 2.66% | 2.56% | 2.43% | 4.63% | 5.08% | 3.57% | 3.80% | 7.10% | 24.68% | 2.44% | 4.49% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 3.25% | 3.11% | 3.12% | 2.92% | 4.66% | 3.65% | 2.56% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FIRFX vs. FRKMX - Drawdown Comparison
The maximum FIRFX drawdown since its inception was -41.29%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for FIRFX and FRKMX.
Loading graphics...
Drawdown Indicators
| FIRFX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.29% | -16.04% | -25.25% |
Max Drawdown (1Y)Largest decline over 1 year | -5.65% | -3.42% | -2.23% |
Max Drawdown (5Y)Largest decline over 5 years | -21.56% | -16.04% | -5.52% |
Max Drawdown (10Y)Largest decline over 10 years | -21.56% | — | — |
Current DrawdownCurrent decline from peak | -3.69% | -2.44% | -1.25% |
Average DrawdownAverage peak-to-trough decline | -5.25% | -3.64% | -1.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.34% | 0.86% | +0.48% |
Volatility
FIRFX vs. FRKMX - Volatility Comparison
Fidelity Advisor Managed Retirement 2025 Fund Class I (FIRFX) has a higher volatility of 3.30% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 2.14%. This indicates that FIRFX'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
| FIRFX | FRKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.30% | 2.14% | +1.16% |
Volatility (6M)Calculated over the trailing 6-month period | 4.73% | 2.95% | +1.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.67% | 4.63% | +3.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.14% | 5.23% | +2.91% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.34% | 5.14% | +3.20% |