FRKMX vs. FFFYX
Compare and contrast key facts about Fidelity Managed Retirement Income Fund Class K (FRKMX) and Fidelity Advisor Freedom 2050 Fund Class C (FFFYX).
FRKMX is managed by BlackRock. It was launched on Aug 1, 2019. FFFYX is managed by Fidelity. It was launched on Jun 1, 2006.
Performance
FRKMX vs. FFFYX - Performance Comparison
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FRKMX vs. FFFYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FRKMX Fidelity Managed Retirement Income Fund Class K | 0.27% | 9.91% | 4.40% | 8.17% | -11.57% | 2.88% | 8.68% | 3.08% |
FFFYX Fidelity Advisor Freedom 2050 Fund Class C | -1.22% | 27.84% | 12.53% | 18.08% | -18.94% | 14.82% | 16.41% | 8.93% |
Returns By Period
In the year-to-date period, FRKMX achieves a 0.27% return, which is significantly higher than FFFYX's -1.22% return.
FRKMX
- 1D
- 0.75%
- 1M
- -2.05%
- YTD
- 0.27%
- 6M
- 1.36%
- 1Y
- 7.67%
- 3Y*
- 6.29%
- 5Y*
- 2.54%
- 10Y*
- —
FFFYX
- 1D
- 3.04%
- 1M
- -5.94%
- YTD
- -1.22%
- 6M
- 1.53%
- 1Y
- 25.21%
- 3Y*
- 16.48%
- 5Y*
- 7.99%
- 10Y*
- 10.40%
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FRKMX vs. FFFYX - Expense Ratio Comparison
FRKMX has a 0.35% expense ratio, which is lower than FFFYX's 1.75% expense ratio.
Return for Risk
FRKMX vs. FFFYX — Risk / Return Rank
FRKMX
FFFYX
FRKMX vs. FFFYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Managed Retirement Income Fund Class K (FRKMX) and Fidelity Advisor Freedom 2050 Fund Class C (FFFYX). 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.
| FRKMX | FFFYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.72 | 1.54 | +0.18 |
Sortino ratioReturn per unit of downside risk | 2.41 | 2.25 | +0.16 |
Omega ratioGain probability vs. loss probability | 1.35 | 1.34 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.35 | 2.31 | +0.04 |
Martin ratioReturn relative to average drawdown | 9.34 | 9.97 | -0.63 |
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
| FRKMX | FFFYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.72 | 1.54 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.53 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.67 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.71 | 0.38 | +0.33 |
Correlation
The correlation between FRKMX and FFFYX 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
FRKMX vs. FFFYX - Dividend Comparison
FRKMX's dividend yield for the trailing twelve months is around 3.25%, less than FFFYX's 9.80% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRKMX Fidelity Managed Retirement Income Fund Class K | 3.25% | 3.11% | 3.12% | 2.92% | 4.66% | 3.65% | 2.56% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% |
FFFYX Fidelity Advisor Freedom 2050 Fund Class C | 9.80% | 9.68% | 0.92% | 0.80% | 10.23% | 9.02% | 4.86% | 6.25% | 10.95% | 3.72% | 3.98% | 2.96% |
Drawdowns
FRKMX vs. FFFYX - Drawdown Comparison
The maximum FRKMX drawdown since its inception was -16.04%, smaller than the maximum FFFYX drawdown of -58.62%. Use the drawdown chart below to compare losses from any high point for FRKMX and FFFYX.
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Drawdown Indicators
| FRKMX | FFFYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.04% | -58.62% | +42.58% |
Max Drawdown (1Y)Largest decline over 1 year | -3.42% | -11.10% | +7.68% |
Max Drawdown (5Y)Largest decline over 5 years | -16.04% | -27.99% | +11.95% |
Max Drawdown (10Y)Largest decline over 10 years | — | -31.38% | — |
Current DrawdownCurrent decline from peak | -2.44% | -7.13% | +4.69% |
Average DrawdownAverage peak-to-trough decline | -3.64% | -9.82% | +6.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.86% | 2.58% | -1.72% |
Volatility
FRKMX vs. FFFYX - Volatility Comparison
The current volatility for Fidelity Managed Retirement Income Fund Class K (FRKMX) is 2.14%, while Fidelity Advisor Freedom 2050 Fund Class C (FFFYX) has a volatility of 6.58%. This indicates that FRKMX experiences smaller price fluctuations and is considered to be less risky than FFFYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRKMX | FFFYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.14% | 6.58% | -4.44% |
Volatility (6M)Calculated over the trailing 6-month period | 2.95% | 9.93% | -6.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.63% | 16.88% | -12.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.23% | 15.03% | -9.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.14% | 15.50% | -10.36% |