FRIMX vs. FASGX
Compare and contrast key facts about Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX) and Fidelity Asset Manager 70% Fund (FASGX).
FRIMX is managed by BlackRock. It was launched on Aug 30, 2007. FASGX is managed by BlackRock. It was launched on Dec 30, 1991.
Performance
FRIMX vs. FASGX - Performance Comparison
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FRIMX vs. FASGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRIMX Fidelity Advisor Managed Retirement Income Fund Class I | 0.24% | 9.94% | 4.30% | 8.06% | -11.66% | 2.78% | 8.57% | 10.57% | -1.82% | 7.08% |
FASGX Fidelity Asset Manager 70% Fund | -0.70% | 18.23% | 10.81% | 16.45% | -16.83% | 13.98% | 17.19% | 22.81% | -7.65% | 17.34% |
Returns By Period
In the year-to-date period, FRIMX achieves a 0.24% return, which is significantly higher than FASGX's -0.70% return. Over the past 10 years, FRIMX has underperformed FASGX with an annualized return of 4.00%, while FASGX has yielded a comparatively higher 8.96% annualized return.
FRIMX
- 1D
- 0.75%
- 1M
- -2.07%
- YTD
- 0.24%
- 6M
- 1.30%
- 1Y
- 7.57%
- 3Y*
- 6.23%
- 5Y*
- 2.46%
- 10Y*
- 4.00%
FASGX
- 1D
- 2.36%
- 1M
- -4.75%
- YTD
- -0.70%
- 6M
- 1.92%
- 1Y
- 17.75%
- 3Y*
- 12.59%
- 5Y*
- 6.64%
- 10Y*
- 8.96%
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FRIMX vs. FASGX - Expense Ratio Comparison
FRIMX has a 0.45% expense ratio, which is lower than FASGX's 0.67% expense ratio.
Return for Risk
FRIMX vs. FASGX — Risk / Return Rank
FRIMX
FASGX
FRIMX vs. FASGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX) and Fidelity Asset Manager 70% Fund (FASGX). 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.
| FRIMX | FASGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.70 | 1.41 | +0.29 |
Sortino ratioReturn per unit of downside risk | 2.38 | 2.01 | +0.37 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.30 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 2.31 | 2.00 | +0.31 |
Martin ratioReturn relative to average drawdown | 9.18 | 8.74 | +0.44 |
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
| FRIMX | FASGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.70 | 1.41 | +0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.47 | 0.55 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.90 | 0.71 | +0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.60 | -0.07 |
Correlation
The correlation between FRIMX and FASGX is 0.89, 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
FRIMX vs. FASGX - Dividend Comparison
FRIMX's dividend yield for the trailing twelve months is around 3.13%, less than FASGX's 7.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRIMX Fidelity Advisor Managed Retirement Income Fund Class I | 3.13% | 3.11% | 3.01% | 2.82% | 4.52% | 3.54% | 2.41% | 2.56% | 4.67% | 8.56% | 1.67% | 1.68% |
FASGX Fidelity Asset Manager 70% Fund | 7.39% | 7.33% | 4.60% | 1.72% | 6.69% | 2.73% | 2.20% | 5.19% | 6.31% | 2.75% | 0.20% | 5.58% |
Drawdowns
FRIMX vs. FASGX - Drawdown Comparison
The maximum FRIMX drawdown since its inception was -33.73%, smaller than the maximum FASGX drawdown of -47.35%. Use the drawdown chart below to compare losses from any high point for FRIMX and FASGX.
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Drawdown Indicators
| FRIMX | FASGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.73% | -47.35% | +13.62% |
Max Drawdown (1Y)Largest decline over 1 year | -3.44% | -9.07% | +5.63% |
Max Drawdown (5Y)Largest decline over 5 years | -16.12% | -23.54% | +7.42% |
Max Drawdown (10Y)Largest decline over 10 years | -16.12% | -27.20% | +11.08% |
Current DrawdownCurrent decline from peak | -2.46% | -5.77% | +3.31% |
Average DrawdownAverage peak-to-trough decline | -3.74% | -6.74% | +3.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.86% | 2.07% | -1.21% |
Volatility
FRIMX vs. FASGX - Volatility Comparison
The current volatility for Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX) is 2.13%, while Fidelity Asset Manager 70% Fund (FASGX) has a volatility of 5.30%. This indicates that FRIMX experiences smaller price fluctuations and is considered to be less risky than FASGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRIMX | FASGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.13% | 5.30% | -3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 2.95% | 8.12% | -5.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.64% | 13.00% | -8.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.23% | 12.18% | -6.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.48% | 12.58% | -8.10% |