LTFIX vs. FRQHX

Last updated Jul 18, 2026

LTFIX (Principal LifeTime 2055 Fund) and FRQHX (Fidelity Managed Retirement 2010 Fund Class K6) are both Target Retirement Date funds. A 0.76 correlation means they provide meaningful diversification when combined. LTFIX charges 0.01%/yr vs 0.26%/yr for FRQHX.

Performance

LTFIX vs. FRQHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal LifeTime 2055 Fund (LTFIX) and Fidelity Managed Retirement 2010 Fund Class K6 (FRQHX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LTFIX

• 1D: -0.37%
• 1M: 0.85%
• 6M: 5.86%
• YTD: 8.58%
• 1Y: 16.78%
• 3Y*: 16.41%
• 5Y*: 9.04%
• 10Y*: 11.29%

FRQHX

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

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

LTFIX vs. FRQHX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
LTFIX Principal LifeTime 2055 Fund	8.58%	17.80%	17.28%	20.33%	-18.84%	17.73%	16.47%	7.69%
FRQHX Fidelity Managed Retirement 2010 Fund Class K6	3.71%	10.01%	4.68%	8.75%	-12.22%	4.04%	9.80%	3.95%

Correlation

The correlation between LTFIX and FRQHX is 0.78, 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	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (All Time) Calculated using the full available price history since Aug 1, 2019	0.76

The correlation between LTFIX and FRQHX has been stable across timeframes, ranging from 0.73 to 0.78 - a consistent structural relationship.

Return for Risk

LTFIX vs. FRQHX — Risk / Return Rank

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

LTFIX

LTFIX Risk / Return Rank: 39
LTFIX Sharpe Ratio Rank: 35
LTFIX Sortino Ratio Rank: 34
LTFIX Omega Ratio Rank: 35
LTFIX Calmar Ratio Rank: 40
LTFIX Martin Ratio Rank: 52

FRQHX

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.

LTFIX vs. FRQHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime 2055 Fund (LTFIX) and Fidelity Managed Retirement 2010 Fund Class K6 (FRQHX). 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.

	LTFIX	FRQHX	Difference
Sharpe ratio: Return per unit of total volatility	1.39	—	—
Sortino ratio: Return per unit of downside risk	1.97	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	2.03	—	—
Martin ratio: Return relative to average drawdown	8.75	—	—

Drawdowns

Drawdown Indicators

	LTFIX	FRQHX	Difference
Max Drawdown Largest peak-to-trough decline	-52.73%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-8.71%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.70%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-26.80%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-33.50%	—	—
Current Drawdown Current decline from peak	-0.99%	—	—
Average Drawdown Average peak-to-trough decline	-7.60%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	—	—

Volatility

Volatility by Period

	LTFIX	FRQHX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.57%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.69%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.60%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.78%	—	—

LTFIX vs. FRQHX - Expense Ratio Comparison

LTFIX has a 0.01% expense ratio, which is lower than FRQHX's 0.26% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

LTFIX vs. FRQHX - Dividend Comparison

LTFIX's dividend yield for the trailing twelve months is around 8.04%, more than FRQHX's 3.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FRQHX Fidelity Managed Retirement 2010 Fund Class K6	3.25%	3.20%	3.20%	2.95%	5.25%	6.22%	3.70%	2.57%	0.00%	0.00%	0.00%	0.00%
LTFIX Principal LifeTime 2055 Fund	8.04%	8.73%	8.47%	4.17%	8.60%	5.83%	3.91%	6.03%	6.60%	3.51%	3.99%	4.51%

Frequently Asked Questions

Can I hold both LTFIX and FRQHX in my portfolio?

LTFIX and FRQHX 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.