PLTNX vs. FRIMX
PLTNX (Principal LifeTime Hybrid 2055 Fund) and FRIMX (Fidelity Advisor Managed Retirement Income Fund Class I) are both Target Retirement Date funds. Over the past 10 years, PLTNX returned 11.97%/yr vs 4.19%/yr for FRIMX. A 0.75 correlation means they provide meaningful diversification when combined. PLTNX charges 0.05%/yr vs 0.45%/yr for FRIMX.
Performance
PLTNX vs. FRIMX - Performance Comparison
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Returns By Period
In the year-to-date period, PLTNX achieves a 10.92% return, which is significantly higher than FRIMX's 3.59% return. Over the past 10 years, PLTNX has outperformed FRIMX with an annualized return of 11.97%, while FRIMX has yielded a comparatively lower 4.19% annualized return.
PLTNX
- 1D
- 1.31%
- 1M
- 1.81%
- YTD
- 10.92%
- 6M
- 10.71%
- 1Y
- 27.31%
- 3Y*
- 18.61%
- 5Y*
- 10.72%
- 10Y*
- 11.97%
FRIMX
- 1D
- 0.00%
- 1M
- 0.65%
- YTD
- 3.59%
- 6M
- 3.72%
- 1Y
- 9.38%
- 3Y*
- 7.18%
- 5Y*
- 2.79%
- 10Y*
- 4.19%
PLTNX vs. FRIMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PLTNX Principal LifeTime Hybrid 2055 Fund | 10.92% | 19.89% | 17.25% | 20.33% | -18.49% | 19.70% | 15.78% | 26.17% | -9.84% | 21.03% |
FRIMX Fidelity Advisor Managed Retirement Income Fund Class I | 3.59% | 9.94% | 4.30% | 8.06% | -11.66% | 2.78% | 8.57% | 10.57% | -1.82% | 7.08% |
Correlation
The correlation between PLTNX and FRIMX is 0.80, 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 | 0.80 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.72 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.69 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Oct 1, 2014 | 0.75 |
The correlation between PLTNX and FRIMX shifts across timeframes, from 0.69 (5 years) to 0.80 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
PLTNX vs. FRIMX — Risk / Return Rank
PLTNX
FRIMX
PLTNX vs. FRIMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2055 Fund (PLTNX) and Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX). 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.
| PLTNX | FRIMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.44 | -0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.11 | 2.74 | +0.38 |
| Martin ratioReturn relative to average drawdown | 13.91 | 11.47 | +2.44 |
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Drawdowns
PLTNX vs. FRIMX - Drawdown Comparison
The maximum PLTNX drawdown since its inception was -32.71%, roughly equal to the maximum FRIMX drawdown of -33.73%. Use the drawdown chart below to compare losses from any high point for PLTNX and FRIMX.
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Drawdown Indicators
| PLTNX | FRIMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.71% | -33.73% | +1.02% |
Max Drawdown (1Y)Largest decline over 1 year | -8.66% | -3.44% | -5.22% |
Max Drawdown (3Y)Largest decline over 3 years | -16.66% | -4.97% | -11.69% |
Max Drawdown (5Y)Largest decline over 5 years | -25.48% | -16.12% | -9.36% |
Max Drawdown (10Y)Largest decline over 10 years | -32.71% | -16.12% | -16.59% |
Current DrawdownCurrent decline from peak | -0.67% | -0.44% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -4.76% | -3.70% | -1.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.94% | 0.82% | +1.12% |
Volatility
PLTNX vs. FRIMX - Volatility Comparison
Principal LifeTime Hybrid 2055 Fund (PLTNX) has a higher volatility of 5.13% compared to Fidelity Advisor Managed Retirement Income Fund Class I (FRIMX) at 1.77%. This indicates that PLTNX's price experiences larger fluctuations and is considered to be riskier than FRIMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTNX | FRIMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.13% | 1.77% | +3.36% |
Volatility (6M)Calculated over the trailing 6-month period | 10.49% | 3.68% | +6.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.72% | 4.35% | +8.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.61% | 5.32% | +10.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.89% | 4.54% | +11.35% |
PLTNX vs. FRIMX - Expense Ratio Comparison
PLTNX has a 0.05% expense ratio, which is lower than FRIMX's 0.45% expense ratio.
Dividends
PLTNX vs. FRIMX - Dividend Comparison
PLTNX's dividend yield for the trailing twelve months is around 4.14%, more than FRIMX's 3.24% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRIMX Fidelity Advisor Managed Retirement Income Fund Class I | 3.24% | 3.11% | 3.01% | 2.82% | 4.52% | 3.54% | 2.41% | 2.56% | 4.67% | 8.56% | 1.67% | 1.68% |
PLTNX Principal LifeTime Hybrid 2055 Fund | 4.14% | 4.59% | 4.40% | 2.84% | 9.11% | 4.23% | 3.11% | 3.47% | 4.68% | 2.21% | 1.99% | 1.63% |
Frequently Asked Questions
PLTNX and FRIMX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PLTNX has higher volatility (5.13%) compared to FRIMX (1.77%). In terms of maximum drawdown, PLTNX dropped -32.71% vs FRIMX's -33.73%.
FRIMX currently has the higher Sharpe Ratio (2.16 vs 2.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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