PRRTX vs. FRQKX
Compare and contrast key facts about Putnam RetirementReady 2030 Fund (PRRTX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX).
PRRTX is managed by Putnam. It was launched on Oct 31, 2004. FRQKX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
PRRTX vs. FRQKX - Performance Comparison
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PRRTX vs. FRQKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
PRRTX Putnam RetirementReady 2030 Fund | -3.20% | 8.59% | 6.18% | 15.42% | -7.91% | 6.89% | 5.46% | 2.50% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | -0.48% | 9.91% | 4.42% | 8.62% | -12.30% | 3.95% | 9.68% | 3.94% |
Returns By Period
In the year-to-date period, PRRTX achieves a -3.20% return, which is significantly lower than FRQKX's -0.48% return.
PRRTX
- 1D
- 0.12%
- 1M
- -3.49%
- YTD
- -3.20%
- 6M
- -1.77%
- 1Y
- 6.05%
- 3Y*
- 7.68%
- 5Y*
- 4.59%
- 10Y*
- 5.54%
FRQKX
- 1D
- 0.25%
- 1M
- -3.18%
- YTD
- -0.48%
- 6M
- 0.80%
- 1Y
- 7.18%
- 3Y*
- 6.11%
- 5Y*
- 2.52%
- 10Y*
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PRRTX vs. FRQKX - Expense Ratio Comparison
PRRTX has a 0.11% expense ratio, which is lower than FRQKX's 0.36% expense ratio.
Return for Risk
PRRTX vs. FRQKX — Risk / Return Rank
PRRTX
FRQKX
PRRTX vs. FRQKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam RetirementReady 2030 Fund (PRRTX) and Fidelity Managed Retirement 2010 Fund Class K (FRQKX). 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.
| PRRTX | FRQKX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.95 | 1.58 | -0.63 |
Sortino ratioReturn per unit of downside risk | 1.32 | 2.20 | -0.88 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.32 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.99 | 2.12 | -1.13 |
Martin ratioReturn relative to average drawdown | 4.57 | 8.53 | -3.96 |
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
| PRRTX | FRQKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | 1.58 | -0.63 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.65 | 0.46 | +0.19 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 0.68 | +0.17 |
Correlation
The correlation between PRRTX and FRQKX is 0.85, 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
PRRTX vs. FRQKX - Dividend Comparison
PRRTX's dividend yield for the trailing twelve months is around 2.21%, less than FRQKX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRRTX Putnam RetirementReady 2030 Fund | 2.21% | 2.14% | 2.57% | 2.66% | 10.69% | 8.38% | 1.54% | 3.76% | 7.57% | 2.95% | 0.73% | 2.72% |
FRQKX Fidelity Managed Retirement 2010 Fund Class K | 3.27% | 3.09% | 2.91% | 2.86% | 5.12% | 6.11% | 3.61% | 2.57% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PRRTX vs. FRQKX - Drawdown Comparison
The maximum PRRTX drawdown since its inception was -16.59%, roughly equal to the maximum FRQKX drawdown of -16.97%. Use the drawdown chart below to compare losses from any high point for PRRTX and FRQKX.
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Drawdown Indicators
| PRRTX | FRQKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.59% | -16.97% | +0.38% |
Max Drawdown (1Y)Largest decline over 1 year | -5.78% | -3.42% | -2.36% |
Max Drawdown (5Y)Largest decline over 5 years | -11.71% | -16.97% | +5.26% |
Max Drawdown (10Y)Largest decline over 10 years | -16.59% | — | — |
Current DrawdownCurrent decline from peak | -3.96% | -3.18% | -0.78% |
Average DrawdownAverage peak-to-trough decline | -2.30% | -3.95% | +1.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.25% | 0.85% | +0.40% |
Volatility
PRRTX vs. FRQKX - Volatility Comparison
Putnam RetirementReady 2030 Fund (PRRTX) has a higher volatility of 2.09% compared to Fidelity Managed Retirement 2010 Fund Class K (FRQKX) at 1.97%. This indicates that PRRTX's price experiences larger fluctuations and is considered to be riskier than FRQKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PRRTX | FRQKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.09% | 1.97% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 3.73% | 2.87% | +0.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.60% | 4.62% | +1.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.11% | 5.52% | +1.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.28% | 5.77% | +1.51% |