PATVX vs. FRQKX
Compare and contrast key facts about T. Rowe Price Target 2035 Fund (PATVX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX).
PATVX is managed by T. Rowe Price. It was launched on Aug 19, 2013. FRQKX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
PATVX vs. FRQKX - Performance Comparison
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PATVX vs. FRQKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PATVX T. Rowe Price Target 2035 Fund | -0.68% | 14.12% | 10.28% | 15.63% | -16.79% | 12.51% | 15.16% | 6.11% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | -0.48% | 9.91% | 4.42% | 8.62% | -12.30% | 3.95% | 9.68% | 3.94% |
Returns By Period
In the year-to-date period, PATVX achieves a -0.68% return, which is significantly lower than FRQKX's -0.48% return.
PATVX
- 1D
- 1.77%
- 1M
- -4.56%
- YTD
- -0.68%
- 6M
- 1.19%
- 1Y
- 12.17%
- 3Y*
- 11.18%
- 5Y*
- 5.22%
- 10Y*
- 7.91%
FRQKX
- 1D
- 0.25%
- 1M
- -2.79%
- YTD
- -0.48%
- 6M
- 0.59%
- 1Y
- 6.89%
- 3Y*
- 6.11%
- 5Y*
- 2.52%
- 10Y*
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PATVX vs. FRQKX - Expense Ratio Comparison
PATVX has a 0.83% expense ratio, which is higher than FRQKX's 0.36% expense ratio.
Return for Risk
PATVX vs. FRQKX — Risk / Return Rank
PATVX
FRQKX
PATVX vs. FRQKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Target 2035 Fund (PATVX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX). 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.
| PATVX | FRQKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.18 | 1.58 | -0.40 |
Sortino ratioReturn per unit of downside risk | 1.71 | 2.20 | -0.49 |
Omega ratioGain probability vs. loss probability | 1.26 | 1.32 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.27 | 2.12 | -0.85 |
Martin ratioReturn relative to average drawdown | 5.74 | 8.53 | -2.78 |
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
| PATVX | FRQKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.18 | 1.58 | -0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.46 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.68 | 0.00 |
Correlation
The correlation between PATVX and FRQKX is 0.79, 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
PATVX vs. FRQKX - Dividend Comparison
PATVX's dividend yield for the trailing twelve months is around 7.08%, more than FRQKX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PATVX T. Rowe Price Target 2035 Fund | 7.08% | 7.03% | 3.58% | 3.00% | 5.31% | 3.38% | 2.93% | 3.77% | 5.30% | 1.72% | 2.19% | 2.39% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | 3.27% | 3.09% | 2.91% | 2.86% | 5.12% | 6.11% | 3.61% | 2.57% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PATVX vs. FRQKX - Drawdown Comparison
The maximum PATVX drawdown since its inception was -26.76%, which is greater than FRQKX's maximum drawdown of -16.97%. Use the drawdown chart below to compare losses from any high point for PATVX and FRQKX.
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Drawdown Indicators
| PATVX | FRQKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.76% | -16.97% | -9.79% |
Max Drawdown (1Y)Largest decline over 1 year | -8.03% | -3.42% | -4.61% |
Max Drawdown (5Y)Largest decline over 5 years | -23.82% | -16.97% | -6.85% |
Max Drawdown (10Y)Largest decline over 10 years | -26.76% | — | — |
Current DrawdownCurrent decline from peak | -5.12% | -3.18% | -1.94% |
Average DrawdownAverage peak-to-trough decline | -4.14% | -3.95% | -0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.96% | 0.85% | +1.11% |
Volatility
PATVX vs. FRQKX - Volatility Comparison
T. Rowe Price Target 2035 Fund (PATVX) has a higher volatility of 4.06% compared to Fidelity Managed Retirement 2010 Fund Class K (FRQKX) at 1.97%. This indicates that PATVX's price experiences larger fluctuations and is considered to be riskier than FRQKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PATVX | FRQKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.06% | 1.97% | +2.09% |
Volatility (6M)Calculated over the trailing 6-month period | 6.46% | 2.87% | +3.59% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.87% | 4.62% | +6.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.82% | 5.52% | +5.30% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.36% | 5.77% | +5.59% |