FRQHX vs. FSXAX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Managed Retirement 2010 Fund Class K6 (FRQHX) and Fidelity Sustainable Target Date 2030 Fund (FSXAX).

FRQHX is managed by BlackRock. It was launched on Aug 1, 2019. FSXAX is an actively managed fund by Fidelity. It was launched on May 11, 2023.

Performance

FRQHX vs. FSXAX - 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 Sustainable Target Date 2030 Fund (FSXAX). The values are adjusted to include any dividend payments, if applicable.

FRQHX vs. FSXAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
FRQHX Fidelity Managed Retirement 2010 Fund Class K6	-0.45%	10.01%	4.68%	5.85%
FSXAX Fidelity Sustainable Target Date 2030 Fund	-2.73%	16.00%	10.39%	9.40%

Returns By Period

In the year-to-date period, FRQHX achieves a -0.45% return, which is significantly higher than FSXAX's -2.73% return.

FRQHX

• 1D: 0.25%
• 1M: -3.17%
• YTD: -0.45%
• 6M: 0.85%
• 1Y: 7.28%
• 3Y*: 6.27%
• 5Y*: 2.65%
• 10Y*: —

FSXAX

• 1D: 0.00%
• 1M: -6.59%
• YTD: -2.73%
• 6M: -0.61%
• 1Y: 11.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FRQHX vs. FSXAX - Expense Ratio Comparison

FRQHX has a 0.26% expense ratio, which is lower than FSXAX's 0.46% expense ratio.

FSXAX

Fidelity Sustainable Target Date 2030 Fund

FRQHX

Fidelity Managed Retirement 2010 Fund Class K6

Return for Risk

FRQHX vs. FSXAX — Risk / Return Rank

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

FRQHX

FRQHX Risk / Return Rank: 84
FRQHX Sharpe Ratio Rank: 84
FRQHX Sortino Ratio Rank: 84
FRQHX Omega Ratio Rank: 81
FRQHX Calmar Ratio Rank: 85
FRQHX Martin Ratio Rank: 85

FSXAX

FSXAX Risk / Return Rank: 61
FSXAX Sharpe Ratio Rank: 60
FSXAX Sortino Ratio Rank: 61
FSXAX Omega Ratio Rank: 59
FSXAX Calmar Ratio Rank: 59
FSXAX Martin Ratio Rank: 65

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. FSXAX - 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 Sustainable Target Date 2030 Fund (FSXAX). 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.

	FRQHX	FSXAX	Difference
Sharpe ratio Return per unit of total volatility	1.62	1.11	+0.50
Sortino ratio Return per unit of downside risk	2.25	1.61	+0.64
Omega ratio Gain probability vs. loss probability	1.32	1.23	+0.09
Calmar ratio Return relative to maximum drawdown	2.16	1.41	+0.75
Martin ratio Return relative to average drawdown	8.67	6.23	+2.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FRQHX vs. FSXAX - Sharpe Ratio Comparison

The current FRQHX Sharpe Ratio is 1.62, which is higher than the FSXAX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of FRQHX and FSXAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FRQHX	FSXAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	1.11	+0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	1.21	-0.51

Correlation

The correlation between FRQHX and FSXAX is 0.88, 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. FSXAX - Dividend Comparison

FRQHX's dividend yield for the trailing twelve months is around 3.38%, more than FSXAX's 2.27% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
FRQHX Fidelity Managed Retirement 2010 Fund Class K6	3.38%	3.20%	3.20%	2.95%	5.25%	6.22%	3.70%	2.57%
FSXAX Fidelity Sustainable Target Date 2030 Fund	2.27%	2.21%	3.97%	1.49%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FRQHX vs. FSXAX - Drawdown Comparison

The maximum FRQHX drawdown since its inception was -16.90%, which is greater than FSXAX's maximum drawdown of -10.04%. Use the drawdown chart below to compare losses from any high point for FRQHX and FSXAX.

Drawdown Indicators

	FRQHX	FSXAX	Difference
Max Drawdown Largest peak-to-trough decline	-16.90%	-10.04%	-6.86%
Max Drawdown (1Y) Largest decline over 1 year	-3.41%	-7.93%	+4.52%
Max Drawdown (5Y) Largest decline over 5 years	-16.90%	—	—
Current Drawdown Current decline from peak	-3.17%	-6.87%	+3.70%
Average Drawdown Average peak-to-trough decline	-3.88%	-1.50%	-2.38%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.85%	1.79%	-0.94%

Volatility

FRQHX vs. FSXAX - Volatility Comparison

The current volatility for Fidelity Managed Retirement 2010 Fund Class K6 (FRQHX) is 1.93%, while Fidelity Sustainable Target Date 2030 Fund (FSXAX) has a volatility of 3.98%. This indicates that FRQHX experiences smaller price fluctuations and is considered to be less risky than FSXAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FRQHX	FSXAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.93%	3.98%	-2.05%
Volatility (6M) Calculated over the trailing 6-month period	2.84%	6.44%	-3.60%
Volatility (1Y) Calculated over the trailing 1-year period	4.60%	10.87%	-6.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.51%	9.57%	-4.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.76%	9.57%	-3.81%