LEEIX vs. FRQKX

Last updated Aug 1, 2026

LEEIX (BlackRock LifePath ESG Index 2055 Fund) and FRQKX (Fidelity Managed Retirement 2010 Fund Class K) are both Target Retirement Date funds from BlackRock. Their 0.75 correlation means they have sometimes moved together and sometimes differently. LEEIX charges 0.05%/yr vs 0.36%/yr for FRQKX.

Performance

LEEIX vs. FRQKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock LifePath ESG Index 2055 Fund (LEEIX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LEEIX

• 1D: 1.97%
• 1M: -0.21%
• 6M: 8.06%
• YTD: 11.42%
• 1Y: 23.42%
• 3Y*: 16.34%
• 5Y*: 9.41%
• 10Y*: —
• ALL TIME*: 12.81%

FRQKX

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

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LEEIX BlackRock LifePath ESG Index 2055 Fund	$0.00	$0.00	$0.00

LEEIX vs. FRQKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LEEIX BlackRock LifePath ESG Index 2055 Fund	11.42%	20.77%	13.11%	21.13%	-18.58%	19.91%	13.75%
FRQKX Fidelity Managed Retirement 2010 Fund Class K	3.66%	9.91%	4.42%	8.62%	-12.30%	3.95%	5.16%

Correlation

The correlation between LEEIX and FRQKX is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.78
Correlation (3Y) Balances recent behavior with more history.	0.72
Correlation (5Y) Shows whether the relationship held over a longer period.	0.73
Correlation (All Time) Calculated using the full available price history since Aug 18, 2020	0.75

The correlation between LEEIX and FRQKX has been stable across timeframes, ranging from 0.72 to 0.78 - a consistent structural relationship.

Return for Risk

LEEIX vs. FRQKX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LEEIX

LEEIX Risk / Return Rank: 65
LEEIX Sharpe Ratio Rank: 63
LEEIX Sortino Ratio Rank: 60
LEEIX Omega Ratio Rank: 60
LEEIX Calmar Ratio Rank: 65
LEEIX Martin Ratio Rank: 76

FRQKX

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LEEIX vs. FRQKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath ESG Index 2055 Fund (LEEIX) 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.

	LEEIX	FRQKX	Difference
Sharpe ratio: Return per unit of total volatility	1.59	—	—
Sortino ratio: Return per unit of downside risk	2.24	—	—
Omega ratio: Gain probability vs. loss probability	1.29	—	—
Calmar ratio: Return relative to maximum drawdown	2.25	—	—
Martin ratio: Return relative to average drawdown	9.66	—	—

Drawdowns

Drawdown Indicators

	LEEIX	FRQKX	Difference
Max Drawdown Largest peak-to-trough decline	-27.28%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.52%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-17.46%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.28%	—	—
Current Drawdown Current decline from peak	-1.32%	—	—
Average Drawdown Average peak-to-trough decline	-5.64%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.22%	—	—

Volatility

Volatility by Period

	LEEIX	FRQKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.85%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.27%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.52%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.10%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.81%	—	—

LEEIX vs. FRQKX - Expense Ratio Comparison

LEEIX has a 0.05% expense ratio, which is lower than FRQKX's 0.36% expense ratio.

Dividends

LEEIX vs. FRQKX - Dividend Comparison

LEEIX's dividend yield for the trailing twelve months is around 1.41%, less than FRQKX's 3.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FRQKX Fidelity Managed Retirement 2010 Fund Class K	2.96%	3.09%	2.91%	2.86%	5.12%	6.11%	3.61%	2.57%
LEEIX BlackRock LifePath ESG Index 2055 Fund	1.41%	1.57%	0.00%	2.10%	2.04%	2.72%	0.90%	0.00%

Frequently Asked Questions

Can I hold both LEEIX and FRQKX in my portfolio?

LEEIX and FRQKX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.