MFJIX vs. FRAMX
Compare and contrast key facts about MFS Lifetime 2060 Fund (MFJIX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
MFJIX is managed by MFS. It was launched on Dec 5, 2016. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
MFJIX vs. FRAMX - Performance Comparison
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MFJIX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MFJIX MFS Lifetime 2060 Fund | -2.70% | 16.16% | 13.21% | 16.87% | -15.79% | 20.41% | 13.46% | 26.96% | -7.92% | 20.67% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | -0.57% | 9.55% | 4.04% | 7.80% | -11.87% | 2.52% | 8.30% | 10.28% | -2.05% | 6.55% |
Returns By Period
In the year-to-date period, MFJIX achieves a -2.70% return, which is significantly lower than FRAMX's -0.57% return.
MFJIX
- 1D
- -0.29%
- 1M
- -8.04%
- YTD
- -2.70%
- 6M
- -1.03%
- 1Y
- 13.16%
- 3Y*
- 12.56%
- 5Y*
- 7.54%
- 10Y*
- —
FRAMX
- 1D
- 0.26%
- 1M
- -3.20%
- YTD
- -0.57%
- 6M
- 0.62%
- 1Y
- 6.78%
- 3Y*
- 5.66%
- 5Y*
- 2.13%
- 10Y*
- 3.65%
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MFJIX vs. FRAMX - Expense Ratio Comparison
MFJIX has a 0.00% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
MFJIX vs. FRAMX — Risk / Return Rank
MFJIX
FRAMX
MFJIX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Lifetime 2060 Fund (MFJIX) 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.
| MFJIX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.94 | 1.50 | -0.56 |
Sortino ratioReturn per unit of downside risk | 1.37 | 2.09 | -0.72 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.30 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.06 | 2.00 | -0.94 |
Martin ratioReturn relative to average drawdown | 4.95 | 8.06 | -3.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| MFJIX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.94 | 1.50 | -0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.41 | +0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.82 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.49 | +0.17 |
Correlation
The correlation between MFJIX and FRAMX is 0.72, 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
MFJIX vs. FRAMX - Dividend Comparison
MFJIX's dividend yield for the trailing twelve months is around 6.62%, more than FRAMX's 2.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MFJIX MFS Lifetime 2060 Fund | 6.62% | 6.44% | 4.08% | 3.18% | 5.33% | 6.26% | 1.76% | 2.77% | 2.93% | 2.60% | 0.00% | 0.00% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.91% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
MFJIX vs. FRAMX - Drawdown Comparison
The maximum MFJIX drawdown since its inception was -32.96%, roughly equal to the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for MFJIX and FRAMX.
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Drawdown Indicators
| MFJIX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.96% | -33.94% | +0.98% |
Max Drawdown (1Y)Largest decline over 1 year | -11.02% | -3.45% | -7.57% |
Max Drawdown (5Y)Largest decline over 5 years | -23.20% | -16.31% | -6.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.31% | — |
Current DrawdownCurrent decline from peak | -8.38% | -3.20% | -5.18% |
Average DrawdownAverage peak-to-trough decline | -4.47% | -3.87% | -0.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.37% | 0.86% | +1.51% |
Volatility
MFJIX vs. FRAMX - Volatility Comparison
MFS Lifetime 2060 Fund (MFJIX) has a higher volatility of 4.01% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 1.96%. This indicates that MFJIX'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.
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Volatility by Period
| MFJIX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.01% | 1.96% | +2.05% |
Volatility (6M)Calculated over the trailing 6-month period | 7.84% | 2.86% | +4.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.11% | 4.59% | +9.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.92% | 5.21% | +8.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.25% | 4.47% | +10.78% |