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PMTIX vs. FNSHX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

PMTIX vs. FNSHX

Last updated Apr 4, 2026

Compare and contrast key facts about Principal LifeTime 2030 Fund (PMTIX) and Fidelity Freedom Income Fund Class K (FNSHX).

PMTIX is managed by Principal. It was launched on Feb 28, 2001. FNSHX is managed by Fidelity. It was launched on Jul 20, 2017.

Performance

PMTIX vs. FNSHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Principal LifeTime 2030 Fund (PMTIX) and Fidelity Freedom Income Fund Class K (FNSHX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, PMTIX achieves a -0.84% return, which is significantly lower than FNSHX's 0.63% return.

PMTIX

1D
0.00%
1M
-1.87%
YTD
-0.84%
6M
0.28%
1Y
16.07%
3Y*
11.50%
5Y*
5.57%
10Y*
8.33%

FNSHX

1D
0.00%
1M
-0.94%
YTD
0.63%
6M
1.74%
1Y
10.09%
3Y*
6.49%
5Y*
2.79%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

PMTIX vs. FNSHX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
PMTIX
Principal LifeTime 2030 Fund		-0.84%13.25%12.86%15.11%-16.81%12.70%14.71%22.40%-7.45%6.60%
FNSHX
Fidelity Freedom Income Fund Class K		0.63%10.35%4.40%8.26%-11.31%3.16%9.01%10.74%-1.86%0.09%

Correlation

The correlation between PMTIX and FNSHX is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined. Holding both can reduce overall portfolio volatility compared to holding either one alone.

PMTIX vs. FNSHX - Expense Ratio Comparison

PMTIX has a 0.01% expense ratio, which is lower than FNSHX's 0.42% expense ratio.

FNSHX
Fidelity Freedom Income Fund Class K
PMTIX
Principal LifeTime 2030 Fund

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Principal LifeTime 2030 Fund

Fidelity Freedom Income Fund Class K

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Often compared with FNSHX:
FNSHX vs. FBAKXFNSHX vs. SSHIXFNSHX vs. FYTKXFNSHX vs. CHDEXFNSHX vs. CIHIXFNSHX vs. FZROXFNSHX vs. FXNAX

Return for Risk

PMTIX vs. FNSHX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
PMTIX
PMTIX Risk / Return Rank: 5151
Overall Rank
PMTIX Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
PMTIX Sortino Ratio Rank: 5252
Sortino Ratio Rank
PMTIX Omega Ratio Rank: 4949
Omega Ratio Rank
PMTIX Calmar Ratio Rank: 4646
Calmar Ratio Rank
PMTIX Martin Ratio Rank: 5656
Martin Ratio Rank
FNSHX
FNSHX Risk / Return Rank: 8282
Overall Rank
FNSHX Sharpe Ratio Rank: 8383
Sharpe Ratio Rank
FNSHX Sortino Ratio Rank: 8383
Sortino Ratio Rank
FNSHX Omega Ratio Rank: 8080
Omega Ratio Rank
FNSHX Calmar Ratio Rank: 8282
Calmar Ratio Rank
FNSHX Martin Ratio Rank: 8282
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PMTIX vs. FNSHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime 2030 Fund (PMTIX) and Fidelity Freedom Income Fund Class K (FNSHX). 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.

PMTIXFNSHXDifference

Sharpe ratio

Return per unit of total volatility

1.11

1.72

-0.60

Sortino ratio

Return per unit of downside risk

1.64

2.40

-0.76

Omega ratio

Gain probability vs. loss probability

1.23

1.34

-0.11

Calmar ratio

Return relative to maximum drawdown

1.52

2.37

-0.84

Martin ratio

Return relative to average drawdown

6.94

9.52

-2.58

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PMTIX vs. FNSHX - Sharpe Ratio Comparison

The current PMTIX Sharpe Ratio is 1.11, which is lower than the FNSHX Sharpe Ratio of 1.72. The chart below compares the historical Sharpe Ratios of PMTIX and FNSHX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

PMTIXFNSHXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.11

1.72

-0.60

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

0.53

0.00

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.75

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.76

-0.28

Drawdowns

PMTIX vs. FNSHX - Drawdown Comparison

The maximum PMTIX drawdown since its inception was -52.14%, which is greater than FNSHX's maximum drawdown of -15.87%. Use the drawdown chart below to compare losses from any high point for PMTIX and FNSHX.

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Drawdown Indicators

PMTIXFNSHXDifference

Max Drawdown

Largest peak-to-trough decline

-52.14%

-15.87%

-36.27%

Max Drawdown (1Y)

Largest decline over 1 year

-5.85%

-3.68%

-2.17%

Max Drawdown (5Y)

Largest decline over 5 years

-23.05%

-15.87%

-7.18%

Max Drawdown (10Y)

Largest decline over 10 years

-25.87%

—

—

Current Drawdown

Current decline from peak

-3.61%

-2.39%

-1.22%

Average Drawdown

Average peak-to-trough decline

-6.83%

-3.09%

-3.74%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.64%

0.92%

+0.72%

Volatility

PMTIX vs. FNSHX - Volatility Comparison

Principal LifeTime 2030 Fund (PMTIX) has a higher volatility of 3.85% compared to Fidelity Freedom Income Fund Class K (FNSHX) at 2.34%. This indicates that PMTIX's price experiences larger fluctuations and is considered to be riskier than FNSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

PMTIXFNSHXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.85%

2.34%

+1.51%

Volatility (6M)

Calculated over the trailing 6-month period

5.90%

3.30%

+2.60%

Volatility (1Y)

Calculated over the trailing 1-year period

9.93%

4.89%

+5.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.55%

5.26%

+5.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

11.20%

4.81%

+6.39%

Dividends

PMTIX vs. FNSHX - Dividend Comparison

PMTIX's dividend yield for the trailing twelve months is around 9.77%, more than FNSHX's 3.25% yield.

TTM20252024202320222021202020192018201720162015
PMTIX
Principal LifeTime 2030 Fund		9.77%9.69%9.60%4.26%10.05%8.87%6.37%6.49%8.21%5.87%3.97%9.44%
FNSHX
Fidelity Freedom Income Fund Class K		3.11%3.21%3.19%2.98%5.94%6.17%4.43%3.74%5.22%0.00%0.00%0.00%