LIVIX vs. FRAMX
Compare and contrast key facts about BlackRock LifePath Index 2055 Fund (LIVIX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
LIVIX is managed by BlackRock. It was launched on May 30, 2011. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
LIVIX vs. FRAMX - Performance Comparison
Loading graphics...
LIVIX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LIVIX BlackRock LifePath Index 2055 Fund | -1.33% | 21.57% | 13.60% | 21.62% | -18.38% | 18.75% | 14.99% | 26.76% | -7.83% | 21.38% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 0.18% | 9.55% | 4.04% | 7.80% | -11.87% | 2.52% | 8.30% | 10.28% | -2.05% | 6.82% |
Returns By Period
In the year-to-date period, LIVIX achieves a -1.33% return, which is significantly lower than FRAMX's 0.18% return. Over the past 10 years, LIVIX has outperformed FRAMX with an annualized return of 10.77%, while FRAMX has yielded a comparatively lower 3.73% annualized return.
LIVIX
- 1D
- 3.07%
- 1M
- -5.50%
- YTD
- -1.33%
- 6M
- 1.19%
- 1Y
- 20.91%
- 3Y*
- 15.72%
- 5Y*
- 8.52%
- 10Y*
- 10.77%
FRAMX
- 1D
- 0.75%
- 1M
- -2.08%
- YTD
- 0.18%
- 6M
- 1.18%
- 1Y
- 7.30%
- 3Y*
- 5.92%
- 5Y*
- 2.18%
- 10Y*
- 3.73%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LIVIX vs. FRAMX - Expense Ratio Comparison
LIVIX has a 0.10% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
LIVIX vs. FRAMX — Risk / Return Rank
LIVIX
FRAMX
LIVIX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index 2055 Fund (LIVIX) 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.
| LIVIX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.25 | 1.64 | -0.39 |
Sortino ratioReturn per unit of downside risk | 1.85 | 2.30 | -0.45 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.33 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.81 | 2.22 | -0.41 |
Martin ratioReturn relative to average drawdown | 8.47 | 8.81 | -0.34 |
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
| LIVIX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 1.64 | -0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.42 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.65 | 0.84 | -0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.50 | +0.09 |
Correlation
The correlation between LIVIX and FRAMX is 0.81, 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
LIVIX vs. FRAMX - Dividend Comparison
LIVIX's dividend yield for the trailing twelve months is around 2.52%, less than FRAMX's 2.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIVIX BlackRock LifePath Index 2055 Fund | 2.52% | 2.48% | 0.01% | 2.04% | 1.96% | 2.04% | 1.56% | 2.95% | 2.35% | 2.27% | 1.54% | 2.88% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.88% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
LIVIX vs. FRAMX - Drawdown Comparison
The maximum LIVIX drawdown since its inception was -34.44%, roughly equal to the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for LIVIX and FRAMX.
Loading graphics...
Drawdown Indicators
| LIVIX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.44% | -33.94% | -0.50% |
Max Drawdown (1Y)Largest decline over 1 year | -11.82% | -3.45% | -8.37% |
Max Drawdown (5Y)Largest decline over 5 years | -26.45% | -16.31% | -10.14% |
Max Drawdown (10Y)Largest decline over 10 years | -34.44% | -16.31% | -18.13% |
Current DrawdownCurrent decline from peak | -6.66% | -2.47% | -4.19% |
Average DrawdownAverage peak-to-trough decline | -4.56% | -3.86% | -0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 0.87% | +1.66% |
Volatility
LIVIX vs. FRAMX - Volatility Comparison
BlackRock LifePath Index 2055 Fund (LIVIX) has a higher volatility of 6.29% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 2.14%. This indicates that LIVIX'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.
Loading graphics...
Volatility by Period
| LIVIX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.29% | 2.14% | +4.15% |
Volatility (6M)Calculated over the trailing 6-month period | 9.78% | 2.95% | +6.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.10% | 4.64% | +12.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.77% | 5.22% | +10.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.67% | 4.48% | +12.19% |