PLTQX vs. FRKMX
Compare and contrast key facts about Principal LifeTime Hybrid 2040 Fund (PLTQX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
PLTQX is managed by Principal. It was launched on Sep 29, 2014. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
PLTQX vs. FRKMX - Performance Comparison
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PLTQX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PLTQX Principal LifeTime Hybrid 2040 Fund | -1.33% | 17.25% | 14.58% | 18.16% | -17.90% | 17.09% | 15.41% | 7.91% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 0.27% | 9.91% | 4.40% | 8.17% | -11.57% | 2.88% | 8.68% | 3.08% |
Returns By Period
In the year-to-date period, PLTQX achieves a -1.33% return, which is significantly lower than FRKMX's 0.27% return.
PLTQX
- 1D
- 2.39%
- 1M
- -4.41%
- YTD
- -1.33%
- 6M
- 0.68%
- 1Y
- 16.16%
- 3Y*
- 13.87%
- 5Y*
- 7.25%
- 10Y*
- 9.63%
FRKMX
- 1D
- 0.75%
- 1M
- -2.05%
- YTD
- 0.27%
- 6M
- 1.36%
- 1Y
- 7.67%
- 3Y*
- 6.29%
- 5Y*
- 2.54%
- 10Y*
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PLTQX vs. FRKMX - Expense Ratio Comparison
PLTQX has a 0.05% expense ratio, which is lower than FRKMX's 0.35% expense ratio.
Return for Risk
PLTQX vs. FRKMX — Risk / Return Rank
PLTQX
FRKMX
PLTQX vs. FRKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime Hybrid 2040 Fund (PLTQX) and Fidelity Managed Retirement Income Fund Class K (FRKMX). 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.
| PLTQX | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.24 | 1.72 | -0.49 |
Sortino ratioReturn per unit of downside risk | 1.84 | 2.41 | -0.57 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.35 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.67 | 2.35 | -0.68 |
Martin ratioReturn relative to average drawdown | 8.23 | 9.34 | -1.11 |
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
| PLTQX | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.24 | 1.72 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.55 | 0.49 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.64 | 0.71 | -0.07 |
Correlation
The correlation between PLTQX and FRKMX is 0.72, 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
PLTQX vs. FRKMX - Dividend Comparison
PLTQX's dividend yield for the trailing twelve months is around 4.56%, more than FRKMX's 3.25% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PLTQX Principal LifeTime Hybrid 2040 Fund | 4.56% | 4.50% | 4.19% | 3.14% | 8.95% | 5.00% | 3.85% | 3.84% | 4.47% | 2.37% | 2.34% | 1.65% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 3.25% | 3.11% | 3.12% | 2.92% | 4.66% | 3.65% | 2.56% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PLTQX vs. FRKMX - Drawdown Comparison
The maximum PLTQX drawdown since its inception was -29.05%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for PLTQX and FRKMX.
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Drawdown Indicators
| PLTQX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.05% | -16.04% | -13.01% |
Max Drawdown (1Y)Largest decline over 1 year | -10.05% | -3.42% | -6.63% |
Max Drawdown (5Y)Largest decline over 5 years | -24.18% | -16.04% | -8.14% |
Max Drawdown (10Y)Largest decline over 10 years | -29.05% | — | — |
Current DrawdownCurrent decline from peak | -5.08% | -2.44% | -2.64% |
Average DrawdownAverage peak-to-trough decline | -4.46% | -3.64% | -0.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 0.86% | +1.18% |
Volatility
PLTQX vs. FRKMX - Volatility Comparison
Principal LifeTime Hybrid 2040 Fund (PLTQX) has a higher volatility of 5.02% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 2.14%. This indicates that PLTQX's price experiences larger fluctuations and is considered to be riskier than FRKMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PLTQX | FRKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.02% | 2.14% | +2.88% |
Volatility (6M)Calculated over the trailing 6-month period | 7.84% | 2.95% | +4.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.51% | 4.63% | +8.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.36% | 5.23% | +8.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.77% | 5.14% | +8.63% |