FIWFX vs. FRKMX
Compare and contrast key facts about Fidelity Freedom Index 2015 Fund Institutional Premium Class (FIWFX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
FIWFX is managed by Fidelity. It was launched on Oct 2, 2009. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
FIWFX vs. FRKMX - Performance Comparison
Loading graphics...
FIWFX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FIWFX Fidelity Freedom Index 2015 Fund Institutional Premium Class | -0.33% | 11.81% | 6.76% | 11.32% | -14.44% | 6.84% | 11.61% | 4.86% |
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, FIWFX achieves a -0.33% return, which is significantly lower than FRKMX's 0.27% return.
FIWFX
- 1D
- 1.01%
- 1M
- -2.65%
- YTD
- -0.33%
- 6M
- 1.03%
- 1Y
- 9.44%
- 3Y*
- 8.12%
- 5Y*
- 3.65%
- 10Y*
- 6.03%
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.
FIWFX vs. FRKMX - Expense Ratio Comparison
FIWFX has a 0.08% expense ratio, which is lower than FRKMX's 0.35% expense ratio.
Return for Risk
FIWFX vs. FRKMX — Risk / Return Rank
FIWFX
FRKMX
FIWFX vs. FRKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2015 Fund Institutional Premium Class (FIWFX) 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.
| FIWFX | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.51 | 1.72 | -0.22 |
Sortino ratioReturn per unit of downside risk | 2.15 | 2.41 | -0.26 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.35 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.12 | 2.35 | -0.24 |
Martin ratioReturn relative to average drawdown | 8.87 | 9.34 | -0.47 |
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
| FIWFX | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.51 | 1.72 | -0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.49 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.73 | 0.71 | +0.02 |
Correlation
The correlation between FIWFX 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
FIWFX vs. FRKMX - Dividend Comparison
FIWFX's dividend yield for the trailing twelve months is around 5.48%, more than FRKMX's 3.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIWFX Fidelity Freedom Index 2015 Fund Institutional Premium Class | 5.48% | 5.46% | 5.21% | 2.60% | 3.14% | 2.90% | 2.67% | 18.25% | 3.19% | 1.99% | 1.91% | 1.77% |
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
FIWFX vs. FRKMX - Drawdown Comparison
The maximum FIWFX drawdown since its inception was -19.50%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for FIWFX and FRKMX.
Loading graphics...
Drawdown Indicators
| FIWFX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.50% | -16.04% | -3.46% |
Max Drawdown (1Y)Largest decline over 1 year | -4.68% | -3.42% | -1.26% |
Max Drawdown (5Y)Largest decline over 5 years | -19.50% | -16.04% | -3.46% |
Max Drawdown (10Y)Largest decline over 10 years | -19.50% | — | — |
Current DrawdownCurrent decline from peak | -3.09% | -2.44% | -0.65% |
Average DrawdownAverage peak-to-trough decline | -3.33% | -3.64% | +0.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.12% | 0.86% | +0.26% |
Volatility
FIWFX vs. FRKMX - Volatility Comparison
Fidelity Freedom Index 2015 Fund Institutional Premium Class (FIWFX) has a higher volatility of 2.68% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 2.14%. This indicates that FIWFX'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
| FIWFX | FRKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.68% | 2.14% | +0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 3.91% | 2.95% | +0.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.49% | 4.63% | +1.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.27% | 5.23% | +2.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.49% | 5.14% | +2.35% |