FTLSX vs. FIRMX
Compare and contrast key facts about Fidelity Flex Freedom Blend Income Fund (FTLSX) and Fidelity Managed Retirement Income Fund (FIRMX).
FTLSX is managed by Fidelity. It was launched on Jun 8, 2017. FIRMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
FTLSX vs. FIRMX - Performance Comparison
Loading graphics...
FTLSX vs. FIRMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FTLSX Fidelity Flex Freedom Blend Income Fund | -0.50% | 10.31% | 4.72% | 8.60% | -11.33% | 3.30% | 9.04% | 10.97% | -1.40% | 3.61% |
FIRMX Fidelity Managed Retirement Income Fund | -0.50% | 9.95% | 4.29% | 8.07% | -11.66% | 2.77% | 8.57% | 10.57% | -1.80% | 3.62% |
Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with FTLSX at -0.50% and FIRMX at -0.50%.
FTLSX
- 1D
- 0.20%
- 1M
- -3.46%
- YTD
- -0.50%
- 6M
- 0.89%
- 1Y
- 7.42%
- 3Y*
- 6.37%
- 5Y*
- 2.81%
- 10Y*
- —
FIRMX
- 1D
- 0.27%
- 1M
- -3.18%
- YTD
- -0.50%
- 6M
- 0.75%
- 1Y
- 7.05%
- 3Y*
- 5.96%
- 5Y*
- 2.41%
- 10Y*
- 3.92%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FTLSX vs. FIRMX - Expense Ratio Comparison
FTLSX has a 0.00% expense ratio, which is lower than FIRMX's 0.45% expense ratio.
Return for Risk
FTLSX vs. FIRMX — Risk / Return Rank
FTLSX
FIRMX
FTLSX vs. FIRMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Flex Freedom Blend Income Fund (FTLSX) and Fidelity Managed Retirement Income Fund (FIRMX). 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.
| FTLSX | FIRMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.58 | 1.56 | +0.02 |
Sortino ratioReturn per unit of downside risk | 2.18 | 2.17 | +0.01 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.31 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 2.06 | 2.08 | -0.02 |
Martin ratioReturn relative to average drawdown | 8.61 | 8.41 | +0.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FTLSX | FIRMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.58 | 1.56 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.46 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.52 | +0.32 |
Correlation
The correlation between FTLSX and FIRMX is 0.98, 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
FTLSX vs. FIRMX - Dividend Comparison
FTLSX's dividend yield for the trailing twelve months is around 3.83%, more than FIRMX's 3.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTLSX Fidelity Flex Freedom Blend Income Fund | 3.83% | 3.68% | 3.37% | 3.19% | 5.28% | 4.91% | 3.06% | 4.44% | 4.26% | 1.97% | 0.00% | 0.00% |
FIRMX Fidelity Managed Retirement Income Fund | 3.16% | 3.13% | 3.02% | 2.81% | 4.54% | 3.56% | 2.48% | 2.59% | 4.65% | 8.57% | 1.67% | 1.68% |
Drawdowns
FTLSX vs. FIRMX - Drawdown Comparison
The maximum FTLSX drawdown since its inception was -15.74%, smaller than the maximum FIRMX drawdown of -33.73%. Use the drawdown chart below to compare losses from any high point for FTLSX and FIRMX.
Loading graphics...
Drawdown Indicators
| FTLSX | FIRMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.74% | -33.73% | +17.99% |
Max Drawdown (1Y)Largest decline over 1 year | -3.65% | -3.44% | -0.21% |
Max Drawdown (5Y)Largest decline over 5 years | -15.74% | -16.11% | +0.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.11% | — |
Current DrawdownCurrent decline from peak | -3.46% | -3.18% | -0.28% |
Average DrawdownAverage peak-to-trough decline | -2.86% | -3.73% | +0.87% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.87% | 0.85% | +0.02% |
Volatility
FTLSX vs. FIRMX - Volatility Comparison
Fidelity Flex Freedom Blend Income Fund (FTLSX) has a higher volatility of 2.12% compared to Fidelity Managed Retirement Income Fund (FIRMX) at 1.96%. This indicates that FTLSX's price experiences larger fluctuations and is considered to be riskier than FIRMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FTLSX | FIRMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.12% | 1.96% | +0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 3.10% | 2.86% | +0.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.82% | 4.59% | +0.23% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.34% | 5.21% | +0.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.74% | 4.47% | +0.27% |