SSDOX vs. FRAMX
Compare and contrast key facts about State Street Target Retirement 2055 Fund (SSDOX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
SSDOX is managed by State Street. It was launched on Sep 29, 2014. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
SSDOX vs. FRAMX - Performance Comparison
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SSDOX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SSDOX State Street Target Retirement 2055 Fund | -3.62% | 21.02% | 12.37% | 19.35% | -19.27% | 13.32% | 19.62% | 25.62% | -7.91% | 19.22% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | -0.57% | 9.55% | 4.04% | 7.80% | -11.87% | 2.52% | 8.30% | 10.28% | -2.05% | 6.82% |
Returns By Period
In the year-to-date period, SSDOX achieves a -3.62% return, which is significantly lower than FRAMX's -0.57% return. Over the past 10 years, SSDOX has outperformed FRAMX with an annualized return of 9.83%, while FRAMX has yielded a comparatively lower 3.65% annualized return.
SSDOX
- 1D
- 0.00%
- 1M
- -8.67%
- YTD
- -3.62%
- 6M
- -0.94%
- 1Y
- 17.10%
- 3Y*
- 13.58%
- 5Y*
- 6.71%
- 10Y*
- 9.83%
FRAMX
- 1D
- 0.26%
- 1M
- -3.20%
- YTD
- -0.57%
- 6M
- 0.62%
- 1Y
- 6.78%
- 3Y*
- 5.66%
- 5Y*
- 2.13%
- 10Y*
- 3.65%
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SSDOX vs. FRAMX - Expense Ratio Comparison
SSDOX has a 0.21% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
SSDOX vs. FRAMX — Risk / Return Rank
SSDOX
FRAMX
SSDOX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for State Street Target Retirement 2055 Fund (SSDOX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX). 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.
| SSDOX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.14 | 1.50 | -0.36 |
Sortino ratioReturn per unit of downside risk | 1.67 | 2.09 | -0.42 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.30 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.40 | 2.00 | -0.60 |
Martin ratioReturn relative to average drawdown | 6.45 | 8.06 | -1.60 |
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
| SSDOX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | 1.50 | -0.36 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.48 | 0.41 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.82 | -0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.49 | +0.10 |
Correlation
The correlation between SSDOX and FRAMX is 0.79, 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
SSDOX vs. FRAMX - Dividend Comparison
SSDOX's dividend yield for the trailing twelve months is around 5.03%, more than FRAMX's 2.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSDOX State Street Target Retirement 2055 Fund | 5.03% | 4.85% | 4.45% | 2.99% | 4.97% | 4.39% | 3.03% | 6.02% | 5.38% | 0.44% | 1.71% | 2.03% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.91% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
SSDOX vs. FRAMX - Drawdown Comparison
The maximum SSDOX drawdown since its inception was -29.85%, smaller than the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for SSDOX and FRAMX.
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Drawdown Indicators
| SSDOX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.85% | -33.94% | +4.09% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -3.45% | -7.51% |
Max Drawdown (5Y)Largest decline over 5 years | -27.44% | -16.31% | -11.13% |
Max Drawdown (10Y)Largest decline over 10 years | -29.85% | -16.31% | -13.54% |
Current DrawdownCurrent decline from peak | -8.92% | -3.20% | -5.72% |
Average DrawdownAverage peak-to-trough decline | -5.09% | -3.87% | -1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 0.86% | +1.52% |
Volatility
SSDOX vs. FRAMX - Volatility Comparison
State Street Target Retirement 2055 Fund (SSDOX) has a higher volatility of 4.77% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 1.96%. This indicates that SSDOX's price experiences larger fluctuations and is considered to be riskier than FRAMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SSDOX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.77% | 1.96% | +2.81% |
Volatility (6M)Calculated over the trailing 6-month period | 8.46% | 2.86% | +5.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.98% | 4.59% | +10.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.14% | 5.21% | +8.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.75% | 4.47% | +10.28% |