PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FMRFX vs. FFOPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FMRFX vs. FFOPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Managed Retirement 2030 Fund Class K6 (FMRFX) and Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
4.70%
7.66%
FMRFX
FFOPX

Returns By Period

In the year-to-date period, FMRFX achieves a 8.77% return, which is significantly lower than FFOPX's 16.27% return.


FMRFX

YTD

8.77%

1M

0.18%

6M

4.70%

1Y

14.38%

5Y (annualized)

4.39%

10Y (annualized)

N/A

FFOPX

YTD

16.27%

1M

1.16%

6M

7.67%

1Y

23.10%

5Y (annualized)

9.84%

10Y (annualized)

N/A

Key characteristics


FMRFXFFOPX
Sharpe Ratio2.092.18
Sortino Ratio3.103.02
Omega Ratio1.391.40
Calmar Ratio1.062.88
Martin Ratio12.0713.81
Ulcer Index1.20%1.67%
Daily Std Dev6.92%10.58%
Max Drawdown-24.38%-30.71%
Current Drawdown-1.63%-0.99%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FMRFX vs. FFOPX - Expense Ratio Comparison

FMRFX has a 0.28% expense ratio, which is higher than FFOPX's 0.08% expense ratio.


FMRFX
Fidelity Managed Retirement 2030 Fund Class K6
Expense ratio chart for FMRFX: current value at 0.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.28%
Expense ratio chart for FFOPX: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Correlation

-0.50.00.51.00.9

The correlation between FMRFX and FFOPX is 0.94, 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.

Risk-Adjusted Performance

FMRFX vs. FFOPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Managed Retirement 2030 Fund Class K6 (FMRFX) and Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX). 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.


Sharpe ratio
The chart of Sharpe ratio for FMRFX, currently valued at 2.09, compared to the broader market-1.000.001.002.003.004.005.002.092.16
The chart of Sortino ratio for FMRFX, currently valued at 3.10, compared to the broader market0.005.0010.003.102.99
The chart of Omega ratio for FMRFX, currently valued at 1.39, compared to the broader market1.002.003.004.001.391.39
The chart of Calmar ratio for FMRFX, currently valued at 1.06, compared to the broader market0.005.0010.0015.0020.001.062.85
The chart of Martin ratio for FMRFX, currently valued at 12.07, compared to the broader market0.0020.0040.0060.0080.00100.0012.0713.68
FMRFX
FFOPX

The current FMRFX Sharpe Ratio is 2.09, which is comparable to the FFOPX Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of FMRFX and FFOPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.09
2.16
FMRFX
FFOPX

Dividends

FMRFX vs. FFOPX - Dividend Comparison

FMRFX's dividend yield for the trailing twelve months is around 2.63%, more than FFOPX's 1.73% yield.


TTM202320222021202020192018201720162015
FMRFX
Fidelity Managed Retirement 2030 Fund Class K6
2.63%2.53%3.18%2.44%1.17%1.22%0.00%0.00%0.00%0.00%
FFOPX
Fidelity Freedom Index 2050 Fund Institutional Premium Class
1.73%1.98%2.01%1.62%1.41%1.81%2.24%1.76%2.09%2.01%

Drawdowns

FMRFX vs. FFOPX - Drawdown Comparison

The maximum FMRFX drawdown since its inception was -24.38%, smaller than the maximum FFOPX drawdown of -30.71%. Use the drawdown chart below to compare losses from any high point for FMRFX and FFOPX. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.63%
-0.99%
FMRFX
FFOPX

Volatility

FMRFX vs. FFOPX - Volatility Comparison

The current volatility for Fidelity Managed Retirement 2030 Fund Class K6 (FMRFX) is 1.86%, while Fidelity Freedom Index 2050 Fund Institutional Premium Class (FFOPX) has a volatility of 2.87%. This indicates that FMRFX experiences smaller price fluctuations and is considered to be less risky than FFOPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
1.86%
2.87%
FMRFX
FFOPX