PHTMX vs. FRQHX
PHTMX (Principal LifeTime Hybrid 2015 Fund) and FRQHX (Fidelity Managed Retirement 2010 Fund Class K6) are both Target Retirement Date funds. Their correlation of 0.90 suggests significant overlap in exposure. PHTMX charges 0.05%/yr vs 0.26%/yr for FRQHX.
Performance
PHTMX vs. FRQHX - Performance Comparison
Loading charts...
Returns By Period
PHTMX
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FRQHX
- 1D
- —
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PHTMX vs. FRQHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PHTMX Principal LifeTime Hybrid 2015 Fund | 4.29% | 11.23% | 7.87% | 11.09% | -13.61% | 7.83% | 11.84% | 4.40% |
FRQHX Fidelity Managed Retirement 2010 Fund Class K6 | 3.71% | 10.01% | 4.68% | 8.75% | -12.22% | 4.04% | 9.80% | 3.95% |
Correlation
The correlation between PHTMX and FRQHX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (All Time) Calculated using the full available price history since Aug 1, 2019 | 0.90 |
The correlation between PHTMX and FRQHX has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PHTMX vs. FRQHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2015 Fund (PHTMX) and Fidelity Managed Retirement 2010 Fund Class K6 (FRQHX). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading charts...
Drawdowns
PHTMX vs. FRQHX - Drawdown Comparison
Loading charts...
Volatility
PHTMX vs. FRQHX - Volatility Comparison
Loading charts...
PHTMX vs. FRQHX - Expense Ratio Comparison
PHTMX has a 0.05% expense ratio, which is lower than FRQHX's 0.26% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
PHTMX vs. FRQHX - Dividend Comparison
PHTMX's dividend yield for the trailing twelve months is around 5.36%, more than FRQHX's 3.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRQHX Fidelity Managed Retirement 2010 Fund Class K6 | 3.25% | 3.20% | 3.20% | 2.95% | 5.25% | 6.22% | 3.70% | 2.57% | 0.00% | 0.00% | 0.00% | 0.00% |
PHTMX Principal LifeTime Hybrid 2015 Fund | 5.36% | 4.41% | 3.87% | 3.45% | 5.20% | 5.53% | 4.89% | 3.11% | 2.24% | 2.33% | 2.00% | 1.61% |
Frequently Asked Questions
With a correlation of 0.92, PHTMX and FRQHX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
Find the right allocation for PHTMX and FRQHX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer