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LIZIX vs. FIRMX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

LIZIX vs. FIRMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock LifePath Index 2060 Fund (LIZIX) and Fidelity Managed Retirement Income Fund (FIRMX). The values are adjusted to include any dividend payments, if applicable.

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LIZIX vs. FIRMX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
LIZIX
BlackRock LifePath Index 2060 Fund
-4.32%21.65%14.01%21.63%-18.42%18.81%15.02%26.79%-7.81%20.53%
FIRMX
Fidelity Managed Retirement Income Fund
-0.50%9.95%4.29%8.07%-11.66%2.77%8.57%10.57%-1.80%6.81%

Returns By Period

In the year-to-date period, LIZIX achieves a -4.32% return, which is significantly lower than FIRMX's -0.50% return.


LIZIX

1D
-0.28%
1M
-8.90%
YTD
-4.32%
6M
-1.40%
1Y
17.82%
3Y*
14.72%
5Y*
8.22%
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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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LIZIX vs. FIRMX - Expense Ratio Comparison

LIZIX has a 0.10% expense ratio, which is lower than FIRMX's 0.45% expense ratio.


Return for Risk

LIZIX vs. FIRMX — Risk / Return Rank

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

LIZIX
LIZIX Risk / Return Rank: 6262
Overall Rank
LIZIX Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
LIZIX Sortino Ratio Rank: 6363
Sortino Ratio Rank
LIZIX Omega Ratio Rank: 6464
Omega Ratio Rank
LIZIX Calmar Ratio Rank: 5858
Calmar Ratio Rank
LIZIX Martin Ratio Rank: 6767
Martin Ratio Rank

FIRMX
FIRMX Risk / Return Rank: 8383
Overall Rank
FIRMX Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
FIRMX Sortino Ratio Rank: 8484
Sortino Ratio Rank
FIRMX Omega Ratio Rank: 8080
Omega Ratio Rank
FIRMX Calmar Ratio Rank: 8484
Calmar Ratio Rank
FIRMX Martin Ratio Rank: 8484
Martin Ratio Rank
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.

LIZIX vs. FIRMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index 2060 Fund (LIZIX) 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.


LIZIXFIRMXDifference

Sharpe ratio

Return per unit of total volatility

1.06

1.56

-0.51

Sortino ratio

Return per unit of downside risk

1.58

2.17

-0.60

Omega ratio

Gain probability vs. loss probability

1.24

1.31

-0.08

Calmar ratio

Return relative to maximum drawdown

1.34

2.08

-0.74

Martin ratio

Return relative to average drawdown

6.35

8.41

-2.06

LIZIX vs. FIRMX - Sharpe Ratio Comparison

The current LIZIX Sharpe Ratio is 1.06, which is lower than the FIRMX Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of LIZIX and FIRMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


LIZIXFIRMXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.06

1.56

-0.51

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.52

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

0.63

0.52

+0.10

Correlation

The correlation between LIZIX and FIRMX is 0.71, 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

LIZIX vs. FIRMX - Dividend Comparison

LIZIX's dividend yield for the trailing twelve months is around 2.26%, less than FIRMX's 3.16% yield.


TTM20252024202320222021202020192018201720162015
LIZIX
BlackRock LifePath Index 2060 Fund
2.26%2.16%0.00%2.02%1.81%1.97%1.53%2.49%2.22%2.04%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

LIZIX vs. FIRMX - Drawdown Comparison

The maximum LIZIX drawdown since its inception was -34.39%, roughly equal to the maximum FIRMX drawdown of -33.73%. Use the drawdown chart below to compare losses from any high point for LIZIX and FIRMX.


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Drawdown Indicators


LIZIXFIRMXDifference

Max Drawdown

Largest peak-to-trough decline

-34.39%

-33.73%

-0.66%

Max Drawdown (1Y)

Largest decline over 1 year

-11.90%

-3.44%

-8.46%

Max Drawdown (5Y)

Largest decline over 5 years

-26.49%

-16.11%

-10.38%

Max Drawdown (10Y)

Largest decline over 10 years

-16.11%

Current Drawdown

Current decline from peak

-9.50%

-3.18%

-6.32%

Average Drawdown

Average peak-to-trough decline

-5.02%

-3.73%

-1.29%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.51%

0.85%

+1.66%

Volatility

LIZIX vs. FIRMX - Volatility Comparison

BlackRock LifePath Index 2060 Fund (LIZIX) has a higher volatility of 5.32% compared to Fidelity Managed Retirement Income Fund (FIRMX) at 1.96%. This indicates that LIZIX'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.


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Volatility by Period


LIZIXFIRMXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.32%

1.96%

+3.36%

Volatility (6M)

Calculated over the trailing 6-month period

9.41%

2.86%

+6.55%

Volatility (1Y)

Calculated over the trailing 1-year period

17.02%

4.59%

+12.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

15.73%

5.21%

+10.52%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.96%

4.47%

+12.49%