FRAMX vs. FIJTX
Compare and contrast key facts about Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) and Fidelity Advisor Freedom 2060 Fund Class Z (FIJTX).
FRAMX is managed by BlackRock. It was launched on Aug 30, 2007. FIJTX is managed by Fidelity. It was launched on Oct 2, 2018.
Performance
FRAMX vs. FIJTX - Performance Comparison
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FRAMX vs. FIJTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 0.18% | 9.55% | 4.04% | 7.80% | -11.87% | 2.52% | 8.30% | 10.28% | -0.82% |
FIJTX Fidelity Advisor Freedom 2060 Fund Class Z | -1.00% | 23.15% | 13.84% | 19.24% | -18.00% | 16.11% | 17.68% | 26.71% | -8.49% |
Returns By Period
In the year-to-date period, FRAMX achieves a 0.18% return, which is significantly higher than FIJTX's -1.00% return.
FRAMX
- 1D
- 0.75%
- 1M
- -2.08%
- YTD
- 0.18%
- 6M
- 1.18%
- 1Y
- 7.30%
- 3Y*
- 5.92%
- 5Y*
- 2.18%
- 10Y*
- 3.73%
FIJTX
- 1D
- 3.14%
- 1M
- -5.91%
- YTD
- -1.00%
- 6M
- 2.04%
- 1Y
- 20.59%
- 3Y*
- 15.87%
- 5Y*
- 8.11%
- 10Y*
- —
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FRAMX vs. FIJTX - Expense Ratio Comparison
FRAMX has a 0.70% expense ratio, which is higher than FIJTX's 0.65% expense ratio.
Return for Risk
FRAMX vs. FIJTX — Risk / Return Rank
FRAMX
FIJTX
FRAMX vs. FIJTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) and Fidelity Advisor Freedom 2060 Fund Class Z (FIJTX). 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.
| FRAMX | FIJTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.64 | 1.32 | +0.32 |
Sortino ratioReturn per unit of downside risk | 2.30 | 1.89 | +0.41 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.28 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.22 | 1.89 | +0.33 |
Martin ratioReturn relative to average drawdown | 8.81 | 8.20 | +0.62 |
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
| FRAMX | FIJTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.64 | 1.32 | +0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.55 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.64 | -0.14 |
Correlation
The correlation between FRAMX and FIJTX 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
FRAMX vs. FIJTX - Dividend Comparison
FRAMX's dividend yield for the trailing twelve months is around 2.88%, less than FIJTX's 4.90% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.88% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
FIJTX Fidelity Advisor Freedom 2060 Fund Class Z | 4.90% | 4.85% | 1.98% | 2.36% | 10.44% | 8.83% | 4.71% | 6.49% | 5.42% | 0.00% | 0.00% | 0.00% |
Drawdowns
FRAMX vs. FIJTX - Drawdown Comparison
The maximum FRAMX drawdown since its inception was -33.94%, which is greater than FIJTX's maximum drawdown of -31.27%. Use the drawdown chart below to compare losses from any high point for FRAMX and FIJTX.
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Drawdown Indicators
| FRAMX | FIJTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.94% | -31.27% | -2.67% |
Max Drawdown (1Y)Largest decline over 1 year | -3.45% | -11.11% | +7.66% |
Max Drawdown (5Y)Largest decline over 5 years | -16.31% | -27.26% | +10.95% |
Max Drawdown (10Y)Largest decline over 10 years | -16.31% | — | — |
Current DrawdownCurrent decline from peak | -2.47% | -7.07% | +4.60% |
Average DrawdownAverage peak-to-trough decline | -3.86% | -5.82% | +1.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | 2.57% | -1.70% |
Volatility
FRAMX vs. FIJTX - Volatility Comparison
The current volatility for Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) is 2.14%, while Fidelity Advisor Freedom 2060 Fund Class Z (FIJTX) has a volatility of 6.74%. This indicates that FRAMX experiences smaller price fluctuations and is considered to be less risky than FIJTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRAMX | FIJTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.14% | 6.74% | -4.60% |
Volatility (6M)Calculated over the trailing 6-month period | 2.95% | 10.04% | -7.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.64% | 16.10% | -11.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.22% | 14.86% | -9.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.48% | 16.91% | -12.43% |