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FIRFX vs. PDDDX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIRFX vs. PDDDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Managed Retirement 2025 Fund Class I (FIRFX) and Prudential Day One 2020 Fund (PDDDX). The values are adjusted to include any dividend payments, if applicable.

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FIRFX vs. PDDDX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FIRFX
Fidelity Advisor Managed Retirement 2025 Fund Class I
-1.37%13.43%6.55%11.83%-15.66%8.02%13.09%17.53%-5.07%13.71%
PDDDX
Prudential Day One 2020 Fund
-0.38%10.40%15.97%9.52%-12.63%36.80%8.13%14.99%-4.65%10.17%

Returns By Period

In the year-to-date period, FIRFX achieves a -1.37% return, which is significantly lower than PDDDX's -0.38% return.


FIRFX

1D
0.17%
1M
-4.93%
YTD
-1.37%
6M
0.41%
1Y
10.02%
3Y*
8.27%
5Y*
3.65%
10Y*
6.45%

PDDDX

1D
0.19%
1M
-3.71%
YTD
-0.38%
6M
0.92%
1Y
8.21%
3Y*
10.50%
5Y*
10.42%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FIRFX vs. PDDDX - Expense Ratio Comparison

FIRFX has a 0.48% expense ratio, which is lower than PDDDX's 0.76% expense ratio.


Return for Risk

FIRFX vs. PDDDX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIRFX
FIRFX Risk / Return Rank: 7474
Overall Rank
FIRFX Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
FIRFX Sortino Ratio Rank: 7575
Sortino Ratio Rank
FIRFX Omega Ratio Rank: 7373
Omega Ratio Rank
FIRFX Calmar Ratio Rank: 7373
Calmar Ratio Rank
FIRFX Martin Ratio Rank: 7676
Martin Ratio Rank

PDDDX
PDDDX Risk / Return Rank: 7373
Overall Rank
PDDDX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
PDDDX Sortino Ratio Rank: 7373
Sortino Ratio Rank
PDDDX Omega Ratio Rank: 7373
Omega Ratio Rank
PDDDX Calmar Ratio Rank: 6868
Calmar Ratio Rank
PDDDX Martin Ratio Rank: 7878
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FIRFX vs. PDDDX - 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 Prudential Day One 2020 Fund (PDDDX). 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.


FIRFXPDDDXDifference

Sharpe ratio

Return per unit of total volatility

1.34

1.29

+0.05

Sortino ratio

Return per unit of downside risk

1.88

1.82

+0.06

Omega ratio

Gain probability vs. loss probability

1.28

1.28

0.00

Calmar ratio

Return relative to maximum drawdown

1.72

1.55

+0.17

Martin ratio

Return relative to average drawdown

7.34

7.61

-0.27

FIRFX vs. PDDDX - Sharpe Ratio Comparison

The current FIRFX Sharpe Ratio is 1.34, which is comparable to the PDDDX Sharpe Ratio of 1.29. The chart below compares the historical Sharpe Ratios of FIRFX and PDDDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FIRFXPDDDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.34

1.29

+0.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.45

0.76

-0.31

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.78

Sharpe Ratio (All Time)

Calculated using the full available price history

0.49

0.77

-0.28

Correlation

The correlation between FIRFX and PDDDX is 0.93, 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. PDDDX - Dividend Comparison

FIRFX's dividend yield for the trailing twelve months is around 2.72%, less than PDDDX's 4.07% yield.


TTM20252024202320222021202020192018201720162015
FIRFX
Fidelity Advisor Managed Retirement 2025 Fund Class I
2.72%2.66%2.56%2.43%4.63%5.08%3.57%3.80%7.10%24.68%2.44%4.49%
PDDDX
Prudential Day One 2020 Fund
4.07%4.05%19.73%3.22%8.41%28.05%1.91%3.76%3.05%0.86%0.00%0.00%

Drawdowns

FIRFX vs. PDDDX - Drawdown Comparison

The maximum FIRFX drawdown since its inception was -41.29%, which is greater than PDDDX's maximum drawdown of -18.88%. Use the drawdown chart below to compare losses from any high point for FIRFX and PDDDX.


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Drawdown Indicators


FIRFXPDDDXDifference

Max Drawdown

Largest peak-to-trough decline

-41.29%

-18.88%

-22.41%

Max Drawdown (1Y)

Largest decline over 1 year

-5.65%

-5.29%

-0.36%

Max Drawdown (5Y)

Largest decline over 5 years

-21.56%

-16.64%

-4.92%

Max Drawdown (10Y)

Largest decline over 10 years

-21.56%

Current Drawdown

Current decline from peak

-4.95%

-3.71%

-1.24%

Average Drawdown

Average peak-to-trough decline

-5.25%

-3.06%

-2.19%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.32%

1.08%

+0.24%

Volatility

FIRFX vs. PDDDX - Volatility Comparison

Fidelity Advisor Managed Retirement 2025 Fund Class I (FIRFX) has a higher volatility of 2.93% compared to Prudential Day One 2020 Fund (PDDDX) at 2.04%. This indicates that FIRFX's price experiences larger fluctuations and is considered to be riskier than PDDDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FIRFXPDDDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.93%

2.04%

+0.89%

Volatility (6M)

Calculated over the trailing 6-month period

4.56%

3.54%

+1.02%

Volatility (1Y)

Calculated over the trailing 1-year period

7.58%

6.57%

+1.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.12%

13.74%

-5.62%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

8.33%

11.45%

-3.12%