FIRVX vs. FRQHX
FIRVX (Fidelity Managed Retirement 2020 Fund) and FRQHX (Fidelity Managed Retirement 2010 Fund Class K6) are both Target Retirement Date funds from BlackRock. With a 0.97 correlation, they move nearly in lockstep. FIRVX charges 0.47%/yr vs 0.26%/yr for FRQHX.
Performance
FIRVX vs. FRQHX - Performance Comparison
Loading charts...
Returns By Period
FIRVX
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FRQHX
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FIRVX vs. FRQHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FIRVX Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | 12.25% | 5.86% | 10.72% | -14.63% | 6.77% | 12.06% | 5.34% |
FRQHX Fidelity Managed Retirement 2010 Fund Class K6 | 3.71% | 10.01% | 4.68% | 8.75% | -12.22% | 4.04% | 9.80% | 3.95% |
Correlation
The correlation between FIRVX and FRQHX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.97 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.97 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2019 | 0.97 |
The correlation between FIRVX and FRQHX has been stable across timeframes, ranging from 0.97 to 0.97 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FIRVX vs. FRQHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Managed Retirement 2020 Fund (FIRVX) and Fidelity Managed Retirement 2010 Fund Class K6 (FRQHX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Drawdowns
FIRVX vs. FRQHX - Drawdown Comparison
Loading charts...
Volatility
FIRVX vs. FRQHX - Volatility Comparison
Loading charts...
FIRVX vs. FRQHX - Expense Ratio Comparison
FIRVX has a 0.47% expense ratio, which is higher than FRQHX's 0.26% expense ratio.
Dividends
FIRVX vs. FRQHX - Dividend Comparison
FIRVX's dividend yield for the trailing twelve months is around 102.77%, more than FRQHX's 3.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIRVX Fidelity Managed Retirement 2020 Fund | 102.77% | 2.83% | 2.74% | 2.57% | 3.52% | 4.61% | 3.74% | 3.18% | 6.90% | 25.16% | 2.28% | 4.45% |
FRQHX Fidelity Managed Retirement 2010 Fund Class K6 | 3.25% | 3.20% | 3.20% | 2.95% | 5.25% | 6.22% | 3.70% | 2.57% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.97, FIRVX and FRQHX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Find the right allocation for FIRVX and FRQHX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer