FYTKX vs. FRAMX
Compare and contrast key facts about Fidelity Freedom Income Fund Class K6 (FYTKX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
FYTKX is managed by Fidelity. It was launched on Oct 17, 1996. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
FYTKX vs. FRAMX - Performance Comparison
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FYTKX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FYTKX Fidelity Freedom Income Fund Class K6 | 0.49% | 10.61% | 4.60% | 8.42% | -11.23% | 3.25% | 9.07% | 10.71% | -1.84% | 3.46% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | -0.57% | 9.55% | 4.04% | 7.80% | -11.87% | 2.52% | 8.30% | 10.28% | -2.05% | 3.47% |
Returns By Period
In the year-to-date period, FYTKX achieves a 0.49% return, which is significantly higher than FRAMX's -0.57% return.
FYTKX
- 1D
- 0.90%
- 1M
- -2.21%
- YTD
- 0.49%
- 6M
- 1.73%
- 1Y
- 8.37%
- 3Y*
- 6.75%
- 5Y*
- 2.90%
- 10Y*
- —
FRAMX
- 1D
- 0.26%
- 1M
- -2.81%
- YTD
- -0.57%
- 6M
- 0.42%
- 1Y
- 6.49%
- 3Y*
- 5.66%
- 5Y*
- 2.13%
- 10Y*
- 3.65%
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FYTKX vs. FRAMX - Expense Ratio Comparison
FYTKX has a 0.37% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
FYTKX vs. FRAMX — Risk / Return Rank
FYTKX
FRAMX
FYTKX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Freedom Income Fund Class K6 (FYTKX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX). 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.
| FYTKX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.80 | 1.50 | +0.30 |
Sortino ratioReturn per unit of downside risk | 2.51 | 2.09 | +0.42 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.30 | +0.07 |
Calmar ratioReturn relative to maximum drawdown | 2.39 | 2.00 | +0.39 |
Martin ratioReturn relative to average drawdown | 9.88 | 8.06 | +1.82 |
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
| FYTKX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.80 | 1.50 | +0.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.41 | +0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.86 | 0.49 | +0.36 |
Correlation
The correlation between FYTKX and FRAMX 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
FYTKX vs. FRAMX - Dividend Comparison
FYTKX's dividend yield for the trailing twelve months is around 3.48%, more than FRAMX's 2.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FYTKX Fidelity Freedom Income Fund Class K6 | 3.48% | 3.53% | 3.38% | 3.13% | 6.05% | 6.26% | 4.48% | 3.80% | 5.33% | 2.65% | 0.00% | 0.00% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.91% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
FYTKX vs. FRAMX - Drawdown Comparison
The maximum FYTKX drawdown since its inception was -15.80%, smaller than the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for FYTKX and FRAMX.
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Drawdown Indicators
| FYTKX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.80% | -33.94% | +18.14% |
Max Drawdown (1Y)Largest decline over 1 year | -3.67% | -3.45% | -0.22% |
Max Drawdown (5Y)Largest decline over 5 years | -15.80% | -16.31% | +0.51% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.31% | — |
Current DrawdownCurrent decline from peak | -2.55% | -3.20% | +0.65% |
Average DrawdownAverage peak-to-trough decline | -2.92% | -3.87% | +0.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.89% | 0.86% | +0.03% |
Volatility
FYTKX vs. FRAMX - Volatility Comparison
Fidelity Freedom Income Fund Class K6 (FYTKX) has a higher volatility of 2.43% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 1.96%. This indicates that FYTKX's price experiences larger fluctuations and is considered to be riskier than FRAMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FYTKX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.43% | 1.96% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 3.27% | 2.86% | +0.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.85% | 4.59% | +0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.26% | 5.21% | +0.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.73% | 4.47% | +0.26% |