RFKTX vs. FIRQX

Last updated Jul 15, 2026

RFKTX (American Funds 2055 Target Date Retirement Fund Class R6) and FIRQX (Fidelity Managed Retirement 2010 Fund) are both Target Retirement Date funds. Their correlation of 0.86 suggests significant overlap in exposure. RFKTX charges 0.38%/yr vs 0.46%/yr for FIRQX.

Performance

RFKTX vs. FIRQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds 2055 Target Date Retirement Fund Class R6 (RFKTX) and Fidelity Managed Retirement 2010 Fund (FIRQX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RFKTX

• 1D: -1.20%
• 1M: 0.37%
• 6M: 6.32%
• YTD: 9.42%
• 1Y: 18.59%
• 3Y*: 17.37%
• 5Y*: 9.44%
• 10Y*: 11.99%

FIRQX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RFKTX vs. FIRQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RFKTX American Funds 2055 Target Date Retirement Fund Class R6	9.42%	20.76%	15.58%	21.41%	-19.48%	17.33%	19.41%	25.06%	-5.64%	22.63%
FIRQX Fidelity Managed Retirement 2010 Fund	3.60%	9.97%	4.48%	8.52%	-12.39%	3.82%	9.59%	12.62%	-2.83%	10.63%

Correlation

The correlation between RFKTX and FIRQX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Jan 3, 2011	0.86

The correlation between RFKTX and FIRQX shifts across timeframes, from 0.72 (3 years) to 0.86 (all time), reflecting how their relationship changes across market environments.

Return for Risk

RFKTX vs. FIRQX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

RFKTX

RFKTX Risk / Return Rank: 46
RFKTX Sharpe Ratio Rank: 44
RFKTX Sortino Ratio Rank: 43
RFKTX Omega Ratio Rank: 45
RFKTX Calmar Ratio Rank: 42
RFKTX Martin Ratio Rank: 55

FIRQX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

RFKTX vs. FIRQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds 2055 Target Date Retirement Fund Class R6 (RFKTX) and Fidelity Managed Retirement 2010 Fund (FIRQX). 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.

	RFKTX	FIRQX	Difference
Sharpe ratio: Return per unit of total volatility	1.47	—	—
Sortino ratio: Return per unit of downside risk	2.08	—	—
Omega ratio: Gain probability vs. loss probability	1.27	—	—
Calmar ratio: Return relative to maximum drawdown	1.94	—	—
Martin ratio: Return relative to average drawdown	8.61	—	—

Drawdowns

Drawdown Indicators

	RFKTX	FIRQX	Difference
Max Drawdown Largest peak-to-trough decline	-29.29%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.70%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-15.34%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.11%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-29.29%	—	—
Current Drawdown Current decline from peak	-1.67%	—	—
Average Drawdown Average peak-to-trough decline	-4.20%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	—	—

Volatility

Volatility by Period

	RFKTX	FIRQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.46%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.89%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.77%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.03%	—	—

RFKTX vs. FIRQX - Expense Ratio Comparison

RFKTX has a 0.38% expense ratio, which is lower than FIRQX's 0.46% expense ratio.

Dividends

RFKTX vs. FIRQX - Dividend Comparison

RFKTX's dividend yield for the trailing twelve months is around 5.41%, more than FIRQX's 3.17% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIRQX Fidelity Managed Retirement 2010 Fund	3.17%	3.14%	2.95%	2.75%	5.01%	6.00%	3.50%	3.15%	5.59%	16.31%	2.43%	4.08%
RFKTX American Funds 2055 Target Date Retirement Fund Class R6	5.41%	5.92%	3.49%	2.50%	7.19%	4.41%	3.22%	4.18%	4.77%	2.43%	3.45%	4.32%

Frequently Asked Questions

Can I hold both RFKTX and FIRQX in my portfolio?

RFKTX and FIRQX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.