FOLSX vs. FRAMX
Compare and contrast key facts about Fidelity Flex Freedom Blend 2045 Fund (FOLSX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
FOLSX is managed by Fidelity. It was launched on Jun 8, 2017. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
FOLSX vs. FRAMX - Performance Comparison
Loading graphics...
FOLSX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FOLSX Fidelity Flex Freedom Blend 2045 Fund | -3.38% | 22.80% | 18.19% | 21.01% | -18.57% | 16.89% | 18.48% | 25.93% | -8.31% | 10.13% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | -0.57% | 9.55% | 4.04% | 7.80% | -11.87% | 2.52% | 8.30% | 10.28% | -2.05% | 3.47% |
Returns By Period
In the year-to-date period, FOLSX achieves a -3.38% return, which is significantly lower than FRAMX's -0.57% return.
FOLSX
- 1D
- -0.27%
- 1M
- -8.31%
- YTD
- -3.38%
- 6M
- -0.26%
- 1Y
- 18.00%
- 3Y*
- 16.50%
- 5Y*
- 8.95%
- 10Y*
- —
FRAMX
- 1D
- 0.26%
- 1M
- -3.20%
- YTD
- -0.57%
- 6M
- 0.62%
- 1Y
- 6.78%
- 3Y*
- 5.66%
- 5Y*
- 2.13%
- 10Y*
- 3.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FOLSX vs. FRAMX - Expense Ratio Comparison
FOLSX has a 0.00% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
FOLSX vs. FRAMX — Risk / Return Rank
FOLSX
FRAMX
FOLSX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend 2045 Fund (FOLSX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX). 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.
| FOLSX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 1.50 | -0.33 |
Sortino ratioReturn per unit of downside risk | 1.70 | 2.09 | -0.39 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.30 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.40 | 2.00 | -0.60 |
Martin ratioReturn relative to average drawdown | 6.53 | 8.06 | -1.53 |
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
| FOLSX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 1.50 | -0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.60 | 0.41 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.49 | +0.17 |
Correlation
The correlation between FOLSX and FRAMX is 0.74, 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
FOLSX vs. FRAMX - Dividend Comparison
FOLSX's dividend yield for the trailing twelve months is around 3.97%, more than FRAMX's 2.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOLSX Fidelity Flex Freedom Blend 2045 Fund | 3.97% | 3.83% | 7.67% | 2.13% | 5.40% | 8.63% | 5.73% | 7.00% | 8.17% | 3.11% | 0.00% | 0.00% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.91% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
FOLSX vs. FRAMX - Drawdown Comparison
The maximum FOLSX drawdown since its inception was -31.26%, smaller than the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for FOLSX and FRAMX.
Loading graphics...
Drawdown Indicators
| FOLSX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.26% | -33.94% | +2.68% |
Max Drawdown (1Y)Largest decline over 1 year | -11.31% | -3.45% | -7.86% |
Max Drawdown (5Y)Largest decline over 5 years | -27.41% | -16.31% | -11.10% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.31% | — |
Current DrawdownCurrent decline from peak | -9.33% | -3.20% | -6.13% |
Average DrawdownAverage peak-to-trough decline | -5.51% | -3.87% | -1.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 0.86% | +1.67% |
Volatility
FOLSX vs. FRAMX - Volatility Comparison
Fidelity Flex Freedom Blend 2045 Fund (FOLSX) has a higher volatility of 5.44% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 1.96%. This indicates that FOLSX's price experiences larger fluctuations and is considered to be riskier than FRAMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FOLSX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.44% | 1.96% | +3.48% |
Volatility (6M)Calculated over the trailing 6-month period | 9.28% | 2.86% | +6.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.91% | 4.59% | +11.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.95% | 5.21% | +9.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.07% | 4.47% | +11.60% |