ISQIX vs. FRQKX

Last updated Jul 18, 2026

ISQIX (Voya Solution 2035 Portfolio) and FRQKX (Fidelity Managed Retirement 2010 Fund Class K) are both Target Retirement Date funds. A 0.79 correlation means they provide meaningful diversification when combined. ISQIX charges 0.18%/yr vs 0.36%/yr for FRQKX.

Performance

ISQIX vs. FRQKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Solution 2035 Portfolio (ISQIX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ISQIX

• 1D: -0.47%
• 1M: 0.32%
• 6M: 6.00%
• YTD: 8.16%
• 1Y: 16.20%
• 3Y*: 13.84%
• 5Y*: 7.29%
• 10Y*: 9.45%

FRQKX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ISQIX vs. FRQKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ISQIX Voya Solution 2035 Portfolio	8.16%	16.44%	11.99%	17.94%	-18.18%	14.39%	14.69%	6.56%
FRQKX Fidelity Managed Retirement 2010 Fund Class K	3.66%	9.91%	4.42%	8.62%	-12.30%	3.95%	9.68%	3.94%

Correlation

The correlation between ISQIX and FRQKX is 0.73, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (All Time) Calculated using the full available price history since Aug 1, 2019	0.79

The correlation between ISQIX and FRQKX has been stable across timeframes, ranging from 0.73 to 0.79 - a consistent structural relationship.

Return for Risk

ISQIX vs. FRQKX — Risk / Return Rank

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

ISQIX

ISQIX Risk / Return Rank: 68
ISQIX Sharpe Ratio Rank: 66
ISQIX Sortino Ratio Rank: 68
ISQIX Omega Ratio Rank: 66
ISQIX Calmar Ratio Rank: 62
ISQIX Martin Ratio Rank: 79

FRQKX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

ISQIX vs. FRQKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Solution 2035 Portfolio (ISQIX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ISQIX	FRQKX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	—	—
Sortino ratio: Return per unit of downside risk	2.65	—	—
Omega ratio: Gain probability vs. loss probability	1.34	—	—
Calmar ratio: Return relative to maximum drawdown	2.46	—	—
Martin ratio: Return relative to average drawdown	11.32	—	—

Drawdowns

Drawdown Indicators

	ISQIX	FRQKX	Difference
Max Drawdown Largest peak-to-trough decline	-53.42%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.37%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.80%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.79%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-30.61%	—	—
Current Drawdown Current decline from peak	-1.09%	—	—
Average Drawdown Average peak-to-trough decline	-7.38%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.54%	—	—

Volatility

Volatility by Period

	ISQIX	FRQKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.78%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.98%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.44%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.44%	—	—

ISQIX vs. FRQKX - Expense Ratio Comparison

ISQIX has a 0.18% expense ratio, which is lower than FRQKX's 0.36% expense ratio.

Dividends

ISQIX vs. FRQKX - Dividend Comparison

ISQIX's dividend yield for the trailing twelve months is around 5.35%, more than FRQKX's 3.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FRQKX Fidelity Managed Retirement 2010 Fund Class K	3.28%	3.09%	2.91%	2.86%	5.12%	6.11%	3.61%	2.57%	0.00%	0.00%	0.00%	0.00%
ISQIX Voya Solution 2035 Portfolio	5.35%	5.78%	1.80%	6.70%	26.20%	6.16%	7.98%	10.27%	6.94%	4.21%	11.65%	17.40%

Frequently Asked Questions

Can I hold both ISQIX and FRQKX in my portfolio?

ISQIX and FRQKX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.