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FRQHX vs. FFFAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FRQHX vs. FFFAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Managed Retirement 2010 Fund Class K6 (FRQHX) and Fidelity Freedom Income Fund (FFFAX). The values are adjusted to include any dividend payments, if applicable.

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FRQHX vs. FFFAX - Yearly Performance Comparison


2026 (YTD)2025202420232022202120202019
FRQHX
Fidelity Managed Retirement 2010 Fund Class K6
0.30%10.01%4.68%8.75%-12.22%4.04%9.80%3.95%
FFFAX
Fidelity Freedom Income Fund
0.45%10.42%4.34%8.18%-11.33%3.12%8.93%3.23%

Returns By Period

In the year-to-date period, FRQHX achieves a 0.30% return, which is significantly lower than FFFAX's 0.45% return.


FRQHX

1D
0.75%
1M
-2.05%
YTD
0.30%
6M
1.41%
1Y
7.79%
3Y*
6.54%
5Y*
2.69%
10Y*

FFFAX

1D
0.98%
1M
-2.22%
YTD
0.45%
6M
1.62%
1Y
8.19%
3Y*
6.51%
5Y*
2.71%
10Y*
4.24%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FRQHX vs. FFFAX - Expense Ratio Comparison

FRQHX has a 0.26% expense ratio, which is lower than FFFAX's 0.47% expense ratio.


Return for Risk

FRQHX vs. FFFAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FRQHX
FRQHX Risk / Return Rank: 8484
Overall Rank
FRQHX Sharpe Ratio Rank: 8585
Sharpe Ratio Rank
FRQHX Sortino Ratio Rank: 8686
Sortino Ratio Rank
FRQHX Omega Ratio Rank: 8282
Omega Ratio Rank
FRQHX Calmar Ratio Rank: 8585
Calmar Ratio Rank
FRQHX Martin Ratio Rank: 8383
Martin Ratio Rank

FFFAX
FFFAX Risk / Return Rank: 8787
Overall Rank
FFFAX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
FFFAX Sortino Ratio Rank: 8888
Sortino Ratio Rank
FFFAX Omega Ratio Rank: 8484
Omega Ratio Rank
FFFAX Calmar Ratio Rank: 8787
Calmar Ratio Rank
FFFAX Martin Ratio Rank: 8787
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FRQHX vs. FFFAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Managed Retirement 2010 Fund Class K6 (FRQHX) and Fidelity Freedom Income Fund (FFFAX). 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.


FRQHXFFFAXDifference

Sharpe ratio

Return per unit of total volatility

1.76

1.75

+0.01

Sortino ratio

Return per unit of downside risk

2.46

2.45

0.00

Omega ratio

Gain probability vs. loss probability

1.35

1.35

0.00

Calmar ratio

Return relative to maximum drawdown

2.40

2.31

+0.09

Martin ratio

Return relative to average drawdown

9.49

9.52

-0.03

FRQHX vs. FFFAX - Sharpe Ratio Comparison

The current FRQHX Sharpe Ratio is 1.76, which is comparable to the FFFAX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of FRQHX and FFFAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FRQHXFFFAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.76

1.75

+0.01

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.49

0.52

-0.02

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.93

Sharpe Ratio (All Time)

Calculated using the full available price history

0.72

1.03

-0.31

Correlation

The correlation between FRQHX and FFFAX is 0.97, 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

FRQHX vs. FFFAX - Dividend Comparison

FRQHX's dividend yield for the trailing twelve months is around 3.35%, more than FFFAX's 3.24% yield.


TTM20252024202320222021202020192018201720162015
FRQHX
Fidelity Managed Retirement 2010 Fund Class K6
3.35%3.20%3.20%2.95%5.25%6.22%3.70%2.57%0.00%0.00%0.00%0.00%
FFFAX
Fidelity Freedom Income Fund
3.24%3.29%3.13%2.92%5.89%6.12%4.37%3.65%5.17%3.74%3.21%3.28%

Drawdowns

FRQHX vs. FFFAX - Drawdown Comparison

The maximum FRQHX drawdown since its inception was -16.90%, smaller than the maximum FFFAX drawdown of -17.96%. Use the drawdown chart below to compare losses from any high point for FRQHX and FFFAX.


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Drawdown Indicators


FRQHXFFFAXDifference

Max Drawdown

Largest peak-to-trough decline

-16.90%

-17.96%

+1.06%

Max Drawdown (1Y)

Largest decline over 1 year

-3.41%

-3.68%

+0.27%

Max Drawdown (5Y)

Largest decline over 5 years

-16.90%

-15.87%

-1.03%

Max Drawdown (10Y)

Largest decline over 10 years

-15.87%

Current Drawdown

Current decline from peak

-2.44%

-2.56%

+0.12%

Average Drawdown

Average peak-to-trough decline

-3.88%

-1.80%

-2.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.86%

0.89%

-0.03%

Volatility

FRQHX vs. FFFAX - Volatility Comparison

The current volatility for Fidelity Managed Retirement 2010 Fund Class K6 (FRQHX) is 2.11%, while Fidelity Freedom Income Fund (FFFAX) has a volatility of 2.44%. This indicates that FRQHX experiences smaller price fluctuations and is considered to be less risky than FFFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FRQHXFFFAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.11%

2.44%

-0.33%

Volatility (6M)

Calculated over the trailing 6-month period

2.93%

3.29%

-0.36%

Volatility (1Y)

Calculated over the trailing 1-year period

4.65%

4.88%

-0.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.52%

5.30%

+0.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.77%

4.58%

+1.19%