SWDRX vs. FRAMX
Compare and contrast key facts about Schwab Target 2030 Fund (SWDRX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
SWDRX is managed by Charles Schwab. It was launched on Jun 30, 2005. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
SWDRX vs. FRAMX - Performance Comparison
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SWDRX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWDRX Schwab Target 2030 Fund | -2.75% | 14.87% | 10.52% | 16.38% | -17.00% | 12.52% | 13.49% | 20.41% | -7.20% | 17.55% |
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, SWDRX achieves a -2.75% return, which is significantly lower than FRAMX's -0.57% return. Over the past 10 years, SWDRX has outperformed FRAMX with an annualized return of 7.79%, while FRAMX has yielded a comparatively lower 3.65% annualized return.
SWDRX
- 1D
- 0.06%
- 1M
- -6.06%
- YTD
- -2.75%
- 6M
- -0.71%
- 1Y
- 11.29%
- 3Y*
- 10.72%
- 5Y*
- 5.49%
- 10Y*
- 7.79%
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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SWDRX vs. FRAMX - Expense Ratio Comparison
SWDRX has a 0.00% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
SWDRX vs. FRAMX — Risk / Return Rank
SWDRX
FRAMX
SWDRX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2030 Fund (SWDRX) 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.
| SWDRX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.14 | 1.50 | -0.36 |
Sortino ratioReturn per unit of downside risk | 1.64 | 2.09 | -0.44 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.30 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 2.00 | -0.55 |
Martin ratioReturn relative to average drawdown | 6.49 | 8.06 | -1.57 |
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
| SWDRX | 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 | 0.44 | 0.41 | +0.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.82 | -0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.49 | +0.02 |
Correlation
The correlation between SWDRX and FRAMX is 0.89, 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
SWDRX vs. FRAMX - Dividend Comparison
SWDRX's dividend yield for the trailing twelve months is around 8.54%, more than FRAMX's 2.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWDRX Schwab Target 2030 Fund | 8.54% | 8.31% | 6.37% | 4.28% | 6.77% | 6.92% | 3.23% | 6.60% | 7.03% | 4.86% | 5.87% | 9.35% |
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
SWDRX vs. FRAMX - Drawdown Comparison
The maximum SWDRX drawdown since its inception was -45.34%, which is greater than FRAMX's maximum drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for SWDRX and FRAMX.
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Drawdown Indicators
| SWDRX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.34% | -33.94% | -11.40% |
Max Drawdown (1Y)Largest decline over 1 year | -7.27% | -3.45% | -3.82% |
Max Drawdown (5Y)Largest decline over 5 years | -28.17% | -16.31% | -11.86% |
Max Drawdown (10Y)Largest decline over 10 years | -28.17% | -16.31% | -11.86% |
Current DrawdownCurrent decline from peak | -6.22% | -3.20% | -3.02% |
Average DrawdownAverage peak-to-trough decline | -6.53% | -3.87% | -2.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 0.86% | +0.76% |
Volatility
SWDRX vs. FRAMX - Volatility Comparison
Schwab Target 2030 Fund (SWDRX) has a higher volatility of 3.28% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 1.96%. This indicates that SWDRX'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
| SWDRX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 1.96% | +1.32% |
Volatility (6M)Calculated over the trailing 6-month period | 5.75% | 2.86% | +2.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.03% | 4.59% | +5.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.55% | 5.21% | +7.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.25% | 4.47% | +7.78% |