FMREX vs. FIRQX
FMREX (Fidelity Managed Retirement 2030 Fund Class K) and FIRQX (Fidelity Managed Retirement 2010 Fund) are both Target Retirement Date funds from BlackRock. Their correlation of 0.93 means they have usually moved in the same direction. FMREX charges 0.38%/yr vs 0.46%/yr for FIRQX.
Performance
FMREX vs. FIRQX - Performance Comparison
Loading charts...
Returns By Period
FMREX
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FIRQX
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
FMREX vs. FIRQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FMREX Fidelity Managed Retirement 2030 Fund Class K | 5.11% | 14.45% | 7.18% | 12.74% | -16.23% | 8.96% | 13.98% | 7.35% |
FIRQX Fidelity Managed Retirement 2010 Fund | 3.60% | 9.97% | 4.48% | 8.52% | -12.39% | 3.82% | 9.59% | 3.68% |
Correlation
The correlation between FMREX and FIRQX is 0.93, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.93 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (All Time) Calculated using the full available price history since Aug 28, 2019 | 0.93 |
The correlation between FMREX and FIRQX has been stable across timeframes, ranging from 0.93 to 0.94 - 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
FMREX vs. FIRQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Managed Retirement 2030 Fund Class K (FMREX) and Fidelity Managed Retirement 2010 Fund (FIRQX). 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
FMREX vs. FIRQX - Drawdown Comparison
Loading charts...
Volatility
FMREX vs. FIRQX - Volatility Comparison
Loading charts...
FMREX vs. FIRQX - Expense Ratio Comparison
FMREX has a 0.38% expense ratio, which is lower than FIRQX's 0.46% expense ratio.
Dividends
FMREX vs. FIRQX - Dividend Comparison
FMREX's dividend yield for the trailing twelve months is around 2.75%, less than FIRQX's 3.17% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIRQX Fidelity Managed Retirement 2010 Fund | 2.86% | 3.14% | 2.95% | 2.75% | 5.01% | 6.00% | 3.50% | 3.15% | 5.59% | 16.31% | 2.43% | 4.08% |
FMREX Fidelity Managed Retirement 2030 Fund Class K | 2.56% | 2.59% | 2.49% | 2.50% | 4.13% | 4.80% | 3.05% | 1.56% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.93, FMREX and FIRQX 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 FMREX and FIRQX
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