STLEX vs. FRKMX
Compare and contrast key facts about BlackRock LifePath Dynamic 2040 Fund (STLEX) and Fidelity Managed Retirement Income Fund Class K (FRKMX).
STLEX is managed by BlackRock. It was launched on Feb 28, 1994. FRKMX is managed by BlackRock. It was launched on Aug 1, 2019.
Performance
STLEX vs. FRKMX - Performance Comparison
Loading graphics...
STLEX vs. FRKMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
STLEX BlackRock LifePath Dynamic 2040 Fund | -2.77% | 16.87% | 4.80% | 19.45% | -17.10% | 16.01% | 14.01% | 7.99% |
FRKMX Fidelity Managed Retirement Income Fund Class K | -0.48% | 9.91% | 4.40% | 8.17% | -11.57% | 2.88% | 8.68% | 3.08% |
Returns By Period
In the year-to-date period, STLEX achieves a -2.77% return, which is significantly lower than FRKMX's -0.48% return.
STLEX
- 1D
- -0.11%
- 1M
- -7.21%
- YTD
- -2.77%
- 6M
- -0.85%
- 1Y
- 13.97%
- 3Y*
- 10.07%
- 5Y*
- 5.54%
- 10Y*
- 8.89%
FRKMX
- 1D
- 0.26%
- 1M
- -3.17%
- YTD
- -0.48%
- 6M
- 0.79%
- 1Y
- 7.15%
- 3Y*
- 6.03%
- 5Y*
- 2.48%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
STLEX vs. FRKMX - Expense Ratio Comparison
STLEX has a 0.47% expense ratio, which is higher than FRKMX's 0.35% expense ratio.
Return for Risk
STLEX vs. FRKMX — Risk / Return Rank
STLEX
FRKMX
STLEX vs. FRKMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Dynamic 2040 Fund (STLEX) 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.
| STLEX | FRKMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.00 | 1.59 | -0.58 |
Sortino ratioReturn per unit of downside risk | 1.48 | 2.20 | -0.73 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.32 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.27 | 2.13 | -0.85 |
Martin ratioReturn relative to average drawdown | 6.16 | 8.58 | -2.42 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| STLEX | FRKMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 1.59 | -0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.38 | 0.48 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.69 | -0.23 |
Correlation
The correlation between STLEX and FRKMX is 0.71, 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
STLEX vs. FRKMX - Dividend Comparison
STLEX's dividend yield for the trailing twelve months is around 6.31%, more than FRKMX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STLEX BlackRock LifePath Dynamic 2040 Fund | 6.31% | 6.14% | 2.31% | 4.81% | 2.21% | 20.42% | 4.25% | 6.64% | 14.47% | 14.38% | 1.84% | 10.65% |
FRKMX Fidelity Managed Retirement Income Fund Class K | 3.27% | 3.11% | 3.12% | 2.92% | 4.66% | 3.65% | 2.56% | 1.85% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
STLEX vs. FRKMX - Drawdown Comparison
The maximum STLEX drawdown since its inception was -54.19%, which is greater than FRKMX's maximum drawdown of -16.04%. Use the drawdown chart below to compare losses from any high point for STLEX and FRKMX.
Loading graphics...
Drawdown Indicators
| STLEX | FRKMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.19% | -16.04% | -38.15% |
Max Drawdown (1Y)Largest decline over 1 year | -9.92% | -3.42% | -6.50% |
Max Drawdown (5Y)Largest decline over 5 years | -24.93% | -16.04% | -8.89% |
Max Drawdown (10Y)Largest decline over 10 years | -33.13% | — | — |
Current DrawdownCurrent decline from peak | -7.59% | -3.17% | -4.42% |
Average DrawdownAverage peak-to-trough decline | -9.33% | -3.64% | -5.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 0.85% | +1.20% |
Volatility
STLEX vs. FRKMX - Volatility Comparison
BlackRock LifePath Dynamic 2040 Fund (STLEX) has a higher volatility of 4.69% compared to Fidelity Managed Retirement Income Fund Class K (FRKMX) at 1.96%. This indicates that STLEX'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.
Loading graphics...
Volatility by Period
| STLEX | FRKMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.69% | 1.96% | +2.73% |
Volatility (6M)Calculated over the trailing 6-month period | 8.05% | 2.86% | +5.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.23% | 4.58% | +9.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.50% | 5.22% | +9.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.64% | 5.13% | +9.51% |