FITHX vs. FRKMX
Compare and contrast key facts about Fidelity Advisor Freedom 2035 Fund Class I (FITHX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
FITHX is managed by Fidelity. It was launched on Nov 6, 2003. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
FITHX vs. FRKMX - Performance Comparison
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FITHX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FITHX Fidelity Advisor Freedom 2035 Fund Class I | -2.71% | 18.71% | 10.76% | 16.65% | -17.53% | 13.97% | 16.48% | 8.91% |
FRKMX Fidelity Managed Retirement Income Fund Class K | -0.48% | 9.91% | 4.40% | 8.17% | -11.57% | 2.88% | 8.68% | 3.08% |
Returns By Period
In the year-to-date period, FITHX achieves a -2.71% return, which is significantly lower than FRKMX's -0.48% return.
FITHX
- 1D
- 0.00%
- 1M
- -7.29%
- YTD
- -2.71%
- 6M
- -0.28%
- 1Y
- 14.20%
- 3Y*
- 12.12%
- 5Y*
- 6.10%
- 10Y*
- 9.46%
FRKMX
- 1D
- 0.26%
- 1M
- -3.17%
- YTD
- -0.48%
- 6M
- 0.79%
- 1Y
- 7.15%
- 3Y*
- 6.03%
- 5Y*
- 2.48%
- 10Y*
- —
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FITHX vs. FRKMX - Expense Ratio Comparison
FITHX has a 0.71% expense ratio, which is higher than FRKMX's 0.35% expense ratio.
Return for Risk
FITHX vs. FRKMX — Risk / Return Rank
FITHX
FRKMX
FITHX vs. FRKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Freedom 2035 Fund Class I (FITHX) 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.
| FITHX | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.19 | 1.59 | -0.39 |
Sortino ratioReturn per unit of downside risk | 1.70 | 2.20 | -0.51 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.32 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 2.13 | -0.63 |
Martin ratioReturn relative to average drawdown | 6.57 | 8.58 | -2.01 |
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
| FITHX | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.19 | 1.59 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.48 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.69 | -0.25 |
Correlation
The correlation between FITHX and FRKMX is 0.78, 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
FITHX vs. FRKMX - Dividend Comparison
FITHX's dividend yield for the trailing twelve months is around 7.48%, more than FRKMX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FITHX Fidelity Advisor Freedom 2035 Fund Class I | 7.48% | 7.28% | 1.92% | 1.51% | 9.95% | 9.48% | 6.16% | 7.35% | 11.94% | 4.16% | 4.86% | 5.38% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 3.27% | 3.11% | 3.12% | 2.92% | 4.66% | 3.65% | 2.56% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FITHX vs. FRKMX - Drawdown Comparison
The maximum FITHX drawdown since its inception was -54.57%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for FITHX and FRKMX.
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Drawdown Indicators
| FITHX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.57% | -16.04% | -38.53% |
Max Drawdown (1Y)Largest decline over 1 year | -8.72% | -3.42% | -5.30% |
Max Drawdown (5Y)Largest decline over 5 years | -25.91% | -16.04% | -9.87% |
Max Drawdown (10Y)Largest decline over 10 years | -29.21% | — | — |
Current DrawdownCurrent decline from peak | -7.56% | -3.17% | -4.39% |
Average DrawdownAverage peak-to-trough decline | -7.12% | -3.64% | -3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.98% | 0.85% | +1.13% |
Volatility
FITHX vs. FRKMX - Volatility Comparison
Fidelity Advisor Freedom 2035 Fund Class I (FITHX) has a higher volatility of 4.36% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 1.96%. This indicates that FITHX'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.
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Volatility by Period
| FITHX | FRKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.36% | 1.96% | +2.40% |
Volatility (6M)Calculated over the trailing 6-month period | 7.06% | 2.86% | +4.20% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.92% | 4.58% | +7.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.29% | 5.22% | +7.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.61% | 5.13% | +8.48% |