FLRDX vs. FNSHX
Compare and contrast key facts about Franklin LifeSmart Retirement Income Fund (FLRDX) and Fidelity Freedom Income Fund Class K (FNSHX).
FLRDX is managed by Franklin Templeton. It was launched on Jul 31, 2006. FNSHX is managed by Fidelity. It was launched on Jul 20, 2017.
Performance
FLRDX vs. FNSHX - Performance Comparison
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FLRDX vs. FNSHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLRDX Franklin LifeSmart Retirement Income Fund | -0.28% | 9.05% | 7.50% | 11.98% | -11.62% | 5.57% | 8.76% | 12.06% | -2.20% | 1.27% |
FNSHX Fidelity Freedom Income Fund Class K | 0.63% | 10.35% | 4.40% | 8.26% | -11.31% | 3.16% | 9.01% | 10.74% | -1.86% | 0.09% |
Returns By Period
In the year-to-date period, FLRDX achieves a -0.28% return, which is significantly lower than FNSHX's 0.63% return.
FLRDX
- 1D
- 0.56%
- 1M
- -2.34%
- YTD
- -0.28%
- 6M
- 1.36%
- 1Y
- 8.54%
- 3Y*
- 7.99%
- 5Y*
- 3.98%
- 10Y*
- 4.96%
FNSHX
- 1D
- 0.18%
- 1M
- -1.28%
- YTD
- 0.63%
- 6M
- 1.71%
- 1Y
- 8.32%
- 3Y*
- 6.59%
- 5Y*
- 2.79%
- 10Y*
- —
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FLRDX vs. FNSHX - Expense Ratio Comparison
FLRDX has a 0.05% expense ratio, which is lower than FNSHX's 0.42% expense ratio.
Return for Risk
FLRDX vs. FNSHX — Risk / Return Rank
FLRDX
FNSHX
FLRDX vs. FNSHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin LifeSmart Retirement Income Fund (FLRDX) and Fidelity Freedom Income Fund Class K (FNSHX). 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.
| FLRDX | FNSHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.22 | 1.74 | -0.52 |
Sortino ratioReturn per unit of downside risk | 1.70 | 2.43 | -0.72 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.35 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.56 | 2.37 | -0.81 |
Martin ratioReturn relative to average drawdown | 6.92 | 9.65 | -2.73 |
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
| FLRDX | FNSHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 1.74 | -0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.53 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.68 | 0.76 | -0.08 |
Correlation
The correlation between FLRDX and FNSHX is 0.81, 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
FLRDX vs. FNSHX - Dividend Comparison
FLRDX's dividend yield for the trailing twelve months is around 4.83%, more than FNSHX's 3.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLRDX Franklin LifeSmart Retirement Income Fund | 4.83% | 4.04% | 4.33% | 5.43% | 6.11% | 6.56% | 4.04% | 3.90% | 4.48% | 4.17% | 3.63% | 5.83% |
FNSHX Fidelity Freedom Income Fund Class K | 3.25% | 3.21% | 3.19% | 2.98% | 5.94% | 6.17% | 4.43% | 3.74% | 5.22% | 0.00% | 0.00% | 0.00% |
Drawdowns
FLRDX vs. FNSHX - Drawdown Comparison
The maximum FLRDX drawdown since its inception was -17.04%, which is greater than FNSHX's maximum drawdown of -15.87%. Use the drawdown chart below to compare losses from any high point for FLRDX and FNSHX.
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Drawdown Indicators
| FLRDX | FNSHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.04% | -15.87% | -1.17% |
Max Drawdown (1Y)Largest decline over 1 year | -4.89% | -3.68% | -1.21% |
Max Drawdown (5Y)Largest decline over 5 years | -17.04% | -15.87% | -1.17% |
Max Drawdown (10Y)Largest decline over 10 years | -17.04% | — | — |
Current DrawdownCurrent decline from peak | -3.38% | -2.39% | -0.99% |
Average DrawdownAverage peak-to-trough decline | -2.67% | -3.09% | +0.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.31% | 0.90% | +0.41% |
Volatility
FLRDX vs. FNSHX - Volatility Comparison
Franklin LifeSmart Retirement Income Fund (FLRDX) has a higher volatility of 2.81% compared to Fidelity Freedom Income Fund Class K (FNSHX) at 2.36%. This indicates that FLRDX's price experiences larger fluctuations and is considered to be riskier than FNSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLRDX | FNSHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.81% | 2.36% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 4.13% | 3.30% | +0.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.23% | 4.89% | +2.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.06% | 5.26% | +1.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.15% | 4.81% | +1.34% |