FLRDX vs. FRIMX
Compare and contrast key facts about Franklin LifeSmart Retirement Income Fund (FLRDX) and Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX).
FLRDX is managed by Franklin Templeton. It was launched on Jul 31, 2006. FRIMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
FLRDX vs. FRIMX - Performance Comparison
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FLRDX vs. FRIMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FLRDX Franklin LifeSmart Retirement Income Fund | -0.83% | 9.05% | 7.50% | 11.98% | -11.62% | 5.57% | 8.76% | 12.06% | -2.20% | 5.09% |
FRIMX Fidelity Advisor Managed Retirement Income Fund Class I | 0.24% | 9.94% | 4.30% | 8.06% | -11.66% | 2.78% | 8.57% | 10.57% | -1.82% | 7.08% |
Returns By Period
In the year-to-date period, FLRDX achieves a -0.83% return, which is significantly lower than FRIMX's 0.24% return. Over the past 10 years, FLRDX has outperformed FRIMX with an annualized return of 4.90%, while FRIMX has yielded a comparatively lower 4.00% annualized return.
FLRDX
- 1D
- 1.03%
- 1M
- -3.48%
- YTD
- -0.83%
- 6M
- 0.90%
- 1Y
- 8.15%
- 3Y*
- 7.79%
- 5Y*
- 3.87%
- 10Y*
- 4.90%
FRIMX
- 1D
- 0.75%
- 1M
- -2.07%
- YTD
- 0.24%
- 6M
- 1.30%
- 1Y
- 7.57%
- 3Y*
- 6.23%
- 5Y*
- 2.46%
- 10Y*
- 4.00%
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FLRDX vs. FRIMX - Expense Ratio Comparison
FLRDX has a 0.05% expense ratio, which is lower than FRIMX's 0.45% expense ratio.
Return for Risk
FLRDX vs. FRIMX — Risk / Return Rank
FLRDX
FRIMX
FLRDX vs. FRIMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin LifeSmart Retirement Income Fund (FLRDX) and Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX). 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 | FRIMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.18 | 1.70 | -0.52 |
Sortino ratioReturn per unit of downside risk | 1.65 | 2.38 | -0.73 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.34 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.47 | 2.31 | -0.83 |
Martin ratioReturn relative to average drawdown | 6.63 | 9.18 | -2.56 |
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 | FRIMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.18 | 1.70 | -0.52 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.47 | +0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.80 | 0.90 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.53 | +0.13 |
Correlation
The correlation between FLRDX and FRIMX is 0.83, 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. FRIMX - Dividend Comparison
FLRDX's dividend yield for the trailing twelve months is around 4.86%, more than FRIMX's 3.13% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLRDX Franklin LifeSmart Retirement Income Fund | 4.86% | 4.04% | 4.33% | 5.43% | 6.11% | 6.56% | 4.04% | 3.90% | 4.48% | 4.17% | 3.63% | 5.83% |
FRIMX Fidelity Advisor Managed Retirement Income Fund Class I | 3.13% | 3.11% | 3.01% | 2.82% | 4.52% | 3.54% | 2.41% | 2.56% | 4.67% | 8.56% | 1.67% | 1.68% |
Drawdowns
FLRDX vs. FRIMX - Drawdown Comparison
The maximum FLRDX drawdown since its inception was -17.04%, smaller than the maximum FRIMX drawdown of -33.73%. Use the drawdown chart below to compare losses from any high point for FLRDX and FRIMX.
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Drawdown Indicators
| FLRDX | FRIMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.04% | -33.73% | +16.69% |
Max Drawdown (1Y)Largest decline over 1 year | -5.80% | -3.44% | -2.36% |
Max Drawdown (5Y)Largest decline over 5 years | -17.04% | -16.12% | -0.92% |
Max Drawdown (10Y)Largest decline over 10 years | -17.04% | -16.12% | -0.92% |
Current DrawdownCurrent decline from peak | -3.91% | -2.46% | -1.45% |
Average DrawdownAverage peak-to-trough decline | -2.67% | -3.74% | +1.07% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.29% | 0.86% | +0.43% |
Volatility
FLRDX vs. FRIMX - Volatility Comparison
Franklin LifeSmart Retirement Income Fund (FLRDX) has a higher volatility of 2.77% compared to Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX) at 2.13%. This indicates that FLRDX's price experiences larger fluctuations and is considered to be riskier than FRIMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FLRDX | FRIMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.77% | 2.13% | +0.64% |
Volatility (6M)Calculated over the trailing 6-month period | 4.10% | 2.95% | +1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.21% | 4.64% | +2.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.06% | 5.23% | +1.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.15% | 4.48% | +1.67% |