PLHHX vs. FRHMX
Compare and contrast key facts about Principal LifeTime Hybrid 2065 Fund (PLHHX) and Fidelity Managed Retirement Income Fund Class K6 (FRHMX).
PLHHX is managed by Principal. It was launched on Sep 5, 2017. FRHMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
PLHHX vs. FRHMX - Performance Comparison
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PLHHX vs. FRHMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PLHHX Principal LifeTime Hybrid 2065 Fund | -4.49% | 19.91% | 17.00% | 20.33% | -18.53% | 20.30% | 16.50% | 9.18% |
FRHMX Fidelity Managed Retirement Income Fund Class K6 | -0.45% | 10.02% | 4.50% | 8.28% | -11.48% | 2.98% | 8.79% | 3.17% |
Returns By Period
In the year-to-date period, PLHHX achieves a -4.49% return, which is significantly lower than FRHMX's -0.45% return.
PLHHX
- 1D
- -0.35%
- 1M
- -8.14%
- YTD
- -4.49%
- 6M
- -1.59%
- 1Y
- 16.34%
- 3Y*
- 14.80%
- 5Y*
- 8.27%
- 10Y*
- —
FRHMX
- 1D
- 0.27%
- 1M
- -3.16%
- YTD
- -0.45%
- 6M
- 0.86%
- 1Y
- 7.28%
- 3Y*
- 6.13%
- 5Y*
- 2.58%
- 10Y*
- —
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PLHHX vs. FRHMX - Expense Ratio Comparison
PLHHX has a 0.05% expense ratio, which is lower than FRHMX's 0.25% 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%.
Return for Risk
PLHHX vs. FRHMX — Risk / Return Rank
PLHHX
FRHMX
PLHHX vs. FRHMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2065 Fund (PLHHX) and Fidelity Managed Retirement Income Fund Class K6 (FRHMX). 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.
| PLHHX | FRHMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.02 | 1.61 | -0.60 |
Sortino ratioReturn per unit of downside risk | 1.54 | 2.24 | -0.70 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.32 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.22 | 2.15 | -0.93 |
Martin ratioReturn relative to average drawdown | 6.15 | 8.71 | -2.56 |
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
| PLHHX | FRHMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.02 | 1.61 | -0.60 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.50 | +0.04 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.71 | -0.11 |
Correlation
The correlation between PLHHX and FRHMX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
PLHHX vs. FRHMX - Dividend Comparison
PLHHX's dividend yield for the trailing twelve months is around 4.06%, more than FRHMX's 3.39% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLHHX Principal LifeTime Hybrid 2065 Fund | 4.06% | 3.88% | 4.03% | 2.64% | 7.08% | 2.27% | 2.00% | 1.65% | 3.49% | 1.87% |
FRHMX Fidelity Managed Retirement Income Fund Class K6 | 3.39% | 3.22% | 3.24% | 3.02% | 4.77% | 3.78% | 2.61% | 1.95% | 0.00% | 0.00% |
Drawdowns
PLHHX vs. FRHMX - Drawdown Comparison
The maximum PLHHX drawdown since its inception was -33.47%, which is greater than FRHMX's maximum drawdown of -15.96%. Use the drawdown chart below to compare losses from any high point for PLHHX and FRHMX.
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Drawdown Indicators
| PLHHX | FRHMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.47% | -15.96% | -17.51% |
Max Drawdown (1Y)Largest decline over 1 year | -11.90% | -3.42% | -8.48% |
Max Drawdown (5Y)Largest decline over 5 years | -25.44% | -15.96% | -9.48% |
Current DrawdownCurrent decline from peak | -8.64% | -3.16% | -5.48% |
Average DrawdownAverage peak-to-trough decline | -5.49% | -3.58% | -1.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.36% | 0.85% | +1.51% |
Volatility
PLHHX vs. FRHMX - Volatility Comparison
Principal LifeTime Hybrid 2065 Fund (PLHHX) has a higher volatility of 4.98% compared to Fidelity Managed Retirement Income Fund Class K6 (FRHMX) at 1.96%. This indicates that PLHHX's price experiences larger fluctuations and is considered to be riskier than FRHMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLHHX | FRHMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.98% | 1.96% | +3.02% |
Volatility (6M)Calculated over the trailing 6-month period | 9.08% | 2.86% | +6.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.23% | 4.59% | +11.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.42% | 5.22% | +10.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.85% | 5.14% | +11.71% |