LTIUX vs. FIRFX

Last updated Aug 4, 2026

LTIUX (Principal LifeTime 2035 Fund) and FIRFX (Fidelity Advisor Managed Retirement 2025 Fund Class I) are both Target Retirement Date funds. Their 0.96 correlation means they have historically moved very closely together. LTIUX charges 0.01%/yr vs 0.48%/yr for FIRFX.

Performance

LTIUX vs. FIRFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal LifeTime 2035 Fund (LTIUX) and Fidelity Advisor Managed Retirement 2025 Fund Class I (FIRFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LTIUX

• 1D: 0.21%
• 1M: 0.14%
• 6M: 3.76%
• YTD: 6.10%
• 1Y: 13.12%
• 3Y*: 13.06%
• 5Y*: 6.45%
• 10Y*: 9.35%
• ALL TIME*: 7.39%

FIRFX

• 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)
LTIUX Principal LifeTime 2035 Fund	$0.00	$0.00	$0.00

LTIUX vs. FIRFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LTIUX Principal LifeTime 2035 Fund	6.10%	14.26%	14.13%	16.51%	-17.48%	14.07%	15.70%	23.48%	-7.37%	19.69%
FIRFX Fidelity Advisor Managed Retirement 2025 Fund Class I	4.52%	13.43%	6.55%	11.83%	-15.66%	8.02%	13.09%	17.53%	-5.07%	14.27%

Correlation

The correlation between LTIUX and FIRFX is 0.86, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.86
Correlation (3Y) Balances recent behavior with more history.	0.90
Correlation (5Y) Shows whether the relationship held over a longer period.	0.91
Correlation (10Y) Provides a long-term view across more market conditions.	0.93
Correlation (All Time) Calculated using the full available price history since Mar 3, 2008	0.96

The correlation between LTIUX and FIRFX has been stable across timeframes, ranging from 0.86 to 0.96 - a consistent structural relationship.

Return for Risk

LTIUX vs. FIRFX — Risk / Return Rank

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

LTIUX

LTIUX Risk / Return Rank: 46
LTIUX Sharpe Ratio Rank: 43
LTIUX Sortino Ratio Rank: 42
LTIUX Omega Ratio Rank: 42
LTIUX Calmar Ratio Rank: 45
LTIUX Martin Ratio Rank: 58

FIRFX

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.

LTIUX vs. FIRFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime 2035 Fund (LTIUX) and Fidelity Advisor Managed Retirement 2025 Fund Class I (FIRFX). 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.

	LTIUX	FIRFX	Difference
Sharpe ratio: Return per unit of total volatility	1.34	—	—
Sortino ratio: Return per unit of downside risk	1.93	—	—
Omega ratio: Gain probability vs. loss probability	1.25	—	—
Calmar ratio: Return relative to maximum drawdown	1.90	—	—
Martin ratio: Return relative to average drawdown	8.14	—	—

Drawdowns

Drawdown Indicators

	LTIUX	FIRFX	Difference
Max Drawdown Largest peak-to-trough decline	-49.65%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-6.57%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.08%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-24.23%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-28.12%	—	—
Current Drawdown Current decline from peak	-0.63%	—	—
Average Drawdown Average peak-to-trough decline	-6.66%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.53%	—	—

Volatility

Volatility by Period

	LTIUX	FIRFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.31%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.90%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.43%	—	—

LTIUX vs. FIRFX - Expense Ratio Comparison

LTIUX has a 0.01% expense ratio, which is lower than FIRFX's 0.48% expense ratio.

Dividends

LTIUX vs. FIRFX - Dividend Comparison

LTIUX's dividend yield for the trailing twelve months is around 8.51%, more than FIRFX's 3.58% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIRFX Fidelity Advisor Managed Retirement 2025 Fund Class I	3.36%	2.66%	2.56%	2.43%	4.63%	5.08%	3.57%	3.80%	7.10%	24.68%	2.44%	4.49%
LTIUX Principal LifeTime 2035 Fund	8.51%	9.03%	9.46%	4.17%	7.50%	7.06%	5.35%	7.28%	7.75%	5.46%	4.28%	5.59%

Frequently Asked Questions

Can I hold both LTIUX and FIRFX in my portfolio?

LTIUX and FIRFX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.