FPIFX vs. FRQKX
Compare and contrast key facts about Fidelity Freedom Index 2020 Fund Investor Class (FPIFX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX).
FPIFX is managed by Fidelity. It was launched on Oct 2, 2009. FRQKX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
FPIFX vs. FRQKX - Performance Comparison
Loading graphics...
FPIFX vs. FRQKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FPIFX Fidelity Freedom Index 2020 Fund Investor Class | -1.78% | 13.34% | 7.68% | 12.73% | -15.94% | 8.42% | 12.72% | 5.50% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | -0.48% | 9.91% | 4.42% | 8.62% | -12.30% | 3.95% | 9.68% | 3.94% |
Returns By Period
In the year-to-date period, FPIFX achieves a -1.78% return, which is significantly lower than FRQKX's -0.48% return.
FPIFX
- 1D
- 0.24%
- 1M
- -4.82%
- YTD
- -1.78%
- 6M
- -0.00%
- 1Y
- 9.87%
- 3Y*
- 8.66%
- 5Y*
- 4.04%
- 10Y*
- 6.58%
FRQKX
- 1D
- 0.25%
- 1M
- -3.18%
- YTD
- -0.48%
- 6M
- 0.80%
- 1Y
- 7.18%
- 3Y*
- 6.11%
- 5Y*
- 2.52%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FPIFX vs. FRQKX - Expense Ratio Comparison
FPIFX has a 0.12% expense ratio, which is lower than FRQKX's 0.36% expense ratio.
Return for Risk
FPIFX vs. FRQKX — Risk / Return Rank
FPIFX
FRQKX
FPIFX vs. FRQKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Index 2020 Fund Investor Class (FPIFX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX). 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.
| FPIFX | FRQKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.29 | 1.58 | -0.29 |
Sortino ratioReturn per unit of downside risk | 1.83 | 2.20 | -0.37 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.32 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.66 | 2.12 | -0.46 |
Martin ratioReturn relative to average drawdown | 7.24 | 8.53 | -1.29 |
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
| FPIFX | FRQKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.29 | 1.58 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.46 | +0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.75 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.68 | +0.06 |
Correlation
The correlation between FPIFX and FRQKX is 0.93, 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
FPIFX vs. FRQKX - Dividend Comparison
FPIFX's dividend yield for the trailing twelve months is around 6.06%, more than FRQKX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPIFX Fidelity Freedom Index 2020 Fund Investor Class | 6.06% | 5.95% | 5.83% | 2.42% | 2.95% | 2.67% | 2.54% | 17.42% | 2.50% | 1.85% | 1.83% | 1.91% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | 3.27% | 3.09% | 2.91% | 2.86% | 5.12% | 6.11% | 3.61% | 2.57% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FPIFX vs. FRQKX - Drawdown Comparison
The maximum FPIFX drawdown since its inception was -21.59%, which is greater than FRQKX's maximum drawdown of -16.97%. Use the drawdown chart below to compare losses from any high point for FPIFX and FRQKX.
Loading graphics...
Drawdown Indicators
| FPIFX | FRQKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.59% | -16.97% | -4.62% |
Max Drawdown (1Y)Largest decline over 1 year | -5.78% | -3.42% | -2.36% |
Max Drawdown (5Y)Largest decline over 5 years | -21.59% | -16.97% | -4.62% |
Max Drawdown (10Y)Largest decline over 10 years | -21.59% | — | — |
Current DrawdownCurrent decline from peak | -4.88% | -3.18% | -1.70% |
Average DrawdownAverage peak-to-trough decline | -3.11% | -3.95% | +0.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.32% | 0.85% | +0.47% |
Volatility
FPIFX vs. FRQKX - Volatility Comparison
Fidelity Freedom Index 2020 Fund Investor Class (FPIFX) has a higher volatility of 2.82% compared to Fidelity Managed Retirement 2010 Fund Class K (FRQKX) at 1.97%. This indicates that FPIFX's price experiences larger fluctuations and is considered to be riskier than FRQKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FPIFX | FRQKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.82% | 1.97% | +0.85% |
Volatility (6M)Calculated over the trailing 6-month period | 4.54% | 2.87% | +1.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.79% | 4.62% | +3.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.51% | 5.52% | +2.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.79% | 5.77% | +3.02% |