PAKRX vs. FRAMX
Compare and contrast key facts about T. Rowe Price Target 2030 Fund (PAKRX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
PAKRX is managed by T. Rowe Price. It was launched on Aug 19, 2013. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
PAKRX vs. FRAMX - Performance Comparison
Loading graphics...
PAKRX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAKRX T. Rowe Price Target 2030 Fund | -0.47% | 12.52% | 9.22% | 13.85% | -15.44% | 11.09% | 13.88% | 19.12% | -5.51% | 14.63% |
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, PAKRX achieves a -0.47% return, which is significantly lower than FRAMX's 0.18% return. Over the past 10 years, PAKRX has outperformed FRAMX with an annualized return of 7.19%, while FRAMX has yielded a comparatively lower 3.73% annualized return.
PAKRX
- 1D
- 1.51%
- 1M
- -3.84%
- YTD
- -0.47%
- 6M
- 1.11%
- 1Y
- 10.50%
- 3Y*
- 9.97%
- 5Y*
- 4.63%
- 10Y*
- 7.19%
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.
PAKRX vs. FRAMX - Expense Ratio Comparison
PAKRX has a 0.81% expense ratio, which is higher than FRAMX's 0.70% expense ratio.
Return for Risk
PAKRX vs. FRAMX — Risk / Return Rank
PAKRX
FRAMX
PAKRX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Target 2030 Fund (PAKRX) 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.
| PAKRX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.23 | 1.64 | -0.41 |
Sortino ratioReturn per unit of downside risk | 1.78 | 2.30 | -0.52 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.33 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.35 | 2.22 | -0.87 |
Martin ratioReturn relative to average drawdown | 6.13 | 8.81 | -2.68 |
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
| PAKRX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 1.64 | -0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.42 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | 0.84 | -0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.50 | +0.20 |
Correlation
The correlation between PAKRX and FRAMX is 0.82, 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
PAKRX vs. FRAMX - Dividend Comparison
PAKRX's dividend yield for the trailing twelve months is around 7.19%, more than FRAMX's 2.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PAKRX T. Rowe Price Target 2030 Fund | 7.19% | 7.16% | 4.31% | 3.54% | 6.16% | 3.54% | 2.99% | 3.62% | 5.26% | 1.90% | 1.79% | 1.76% |
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
PAKRX vs. FRAMX - Drawdown Comparison
The maximum PAKRX drawdown since its inception was -24.66%, smaller than the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for PAKRX and FRAMX.
Loading graphics...
Drawdown Indicators
| PAKRX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.66% | -33.94% | +9.28% |
Max Drawdown (1Y)Largest decline over 1 year | -6.75% | -3.45% | -3.30% |
Max Drawdown (5Y)Largest decline over 5 years | -21.65% | -16.31% | -5.34% |
Max Drawdown (10Y)Largest decline over 10 years | -24.66% | -16.31% | -8.35% |
Current DrawdownCurrent decline from peak | -4.22% | -2.47% | -1.75% |
Average DrawdownAverage peak-to-trough decline | -3.74% | -3.86% | +0.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 0.87% | +0.74% |
Volatility
PAKRX vs. FRAMX - Volatility Comparison
T. Rowe Price Target 2030 Fund (PAKRX) has a higher volatility of 3.39% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 2.14%. This indicates that PAKRX'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
| PAKRX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.39% | 2.14% | +1.25% |
Volatility (6M)Calculated over the trailing 6-month period | 5.34% | 2.95% | +2.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.00% | 4.64% | +4.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.20% | 5.22% | +3.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.94% | 4.48% | +5.46% |