PDGZX vs. FRAMX
Compare and contrast key facts about PIMCO RealPath Blend 2035 Fund (PDGZX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
PDGZX is managed by PIMCO. It was launched on Dec 30, 2014. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
PDGZX vs. FRAMX - Performance Comparison
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PDGZX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PDGZX PIMCO RealPath Blend 2035 Fund | -2.76% | 16.92% | 10.09% | 16.52% | -17.06% | 15.06% | 13.72% | 22.67% | -6.75% | 18.13% |
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% | 6.82% |
Returns By Period
In the year-to-date period, PDGZX achieves a -2.76% return, which is significantly lower than FRAMX's -0.57% return. Over the past 10 years, PDGZX has outperformed FRAMX with an annualized return of 8.66%, while FRAMX has yielded a comparatively lower 3.65% annualized return.
PDGZX
- 1D
- 0.07%
- 1M
- -6.83%
- YTD
- -2.76%
- 6M
- -0.50%
- 1Y
- 12.46%
- 3Y*
- 11.14%
- 5Y*
- 6.21%
- 10Y*
- 8.66%
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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PDGZX vs. FRAMX - Expense Ratio Comparison
PDGZX has a 0.05% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
PDGZX vs. FRAMX — Risk / Return Rank
PDGZX
FRAMX
PDGZX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO RealPath Blend 2035 Fund (PDGZX) 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.
| PDGZX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.14 | 1.50 | -0.36 |
Sortino ratioReturn per unit of downside risk | 1.63 | 2.09 | -0.46 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.30 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.37 | 2.00 | -0.63 |
Martin ratioReturn relative to average drawdown | 6.29 | 8.06 | -1.77 |
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
| PDGZX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | 1.50 | -0.36 |
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 | 0.72 | 0.82 | -0.10 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.49 | +0.14 |
Correlation
The correlation between PDGZX and FRAMX is 0.83, 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
PDGZX vs. FRAMX - Dividend Comparison
PDGZX's dividend yield for the trailing twelve months is around 5.39%, more than FRAMX's 2.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PDGZX PIMCO RealPath Blend 2035 Fund | 5.39% | 5.09% | 4.17% | 2.73% | 3.30% | 4.92% | 2.12% | 3.71% | 5.84% | 2.17% | 2.72% | 2.40% |
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
PDGZX vs. FRAMX - Drawdown Comparison
The maximum PDGZX drawdown since its inception was -27.25%, smaller than the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for PDGZX and FRAMX.
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Drawdown Indicators
| PDGZX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.25% | -33.94% | +6.69% |
Max Drawdown (1Y)Largest decline over 1 year | -8.59% | -3.45% | -5.14% |
Max Drawdown (5Y)Largest decline over 5 years | -24.26% | -16.31% | -7.95% |
Max Drawdown (10Y)Largest decline over 10 years | -27.25% | -16.31% | -10.94% |
Current DrawdownCurrent decline from peak | -6.94% | -3.20% | -3.74% |
Average DrawdownAverage peak-to-trough decline | -4.45% | -3.87% | -0.58% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.87% | 0.86% | +1.01% |
Volatility
PDGZX vs. FRAMX - Volatility Comparison
PIMCO RealPath Blend 2035 Fund (PDGZX) has a higher volatility of 3.79% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 1.96%. This indicates that PDGZX'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
| PDGZX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.79% | 1.96% | +1.83% |
Volatility (6M)Calculated over the trailing 6-month period | 6.33% | 2.86% | +3.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.27% | 4.59% | +6.68% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.55% | 5.21% | +6.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.15% | 4.47% | +7.68% |