SWORX vs. FRAMX
Compare and contrast key facts about Schwab Target 2055 Fund (SWORX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
SWORX is managed by Charles Schwab. It was launched on Jan 22, 2013. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
SWORX vs. FRAMX - Performance Comparison
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SWORX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SWORX Schwab Target 2055 Fund | -4.00% | 20.10% | 14.04% | 20.77% | -19.88% | 18.22% | 15.33% | 25.61% | -10.25% | 21.38% |
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, SWORX achieves a -4.00% return, which is significantly lower than FRAMX's -0.57% return. Over the past 10 years, SWORX has outperformed FRAMX with an annualized return of 9.88%, while FRAMX has yielded a comparatively lower 3.65% annualized return.
SWORX
- 1D
- -0.32%
- 1M
- -8.94%
- YTD
- -4.00%
- 6M
- -1.23%
- 1Y
- 16.31%
- 3Y*
- 14.07%
- 5Y*
- 7.43%
- 10Y*
- 9.88%
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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SWORX vs. FRAMX - Expense Ratio Comparison
SWORX has a 0.00% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
SWORX vs. FRAMX — Risk / Return Rank
SWORX
FRAMX
SWORX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Target 2055 Fund (SWORX) 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.
| SWORX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.05 | 1.50 | -0.45 |
Sortino ratioReturn per unit of downside risk | 1.54 | 2.09 | -0.55 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.30 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.31 | 2.00 | -0.69 |
Martin ratioReturn relative to average drawdown | 5.98 | 8.06 | -2.08 |
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
| SWORX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.05 | 1.50 | -0.45 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.46 | 0.41 | +0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.60 | 0.82 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.49 | +0.11 |
Correlation
The correlation between SWORX and FRAMX is 0.78, 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
SWORX vs. FRAMX - Dividend Comparison
SWORX's dividend yield for the trailing twelve months is around 4.61%, more than FRAMX's 2.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWORX Schwab Target 2055 Fund | 4.61% | 4.43% | 3.44% | 3.31% | 8.42% | 5.25% | 2.23% | 5.15% | 6.43% | 2.74% | 5.19% | 5.85% |
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
SWORX vs. FRAMX - Drawdown Comparison
The maximum SWORX drawdown since its inception was -32.13%, smaller than the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for SWORX and FRAMX.
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Drawdown Indicators
| SWORX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.13% | -33.94% | +1.81% |
Max Drawdown (1Y)Largest decline over 1 year | -11.07% | -3.45% | -7.62% |
Max Drawdown (5Y)Largest decline over 5 years | -31.07% | -16.31% | -14.76% |
Max Drawdown (10Y)Largest decline over 10 years | -32.13% | -16.31% | -15.82% |
Current DrawdownCurrent decline from peak | -9.42% | -3.20% | -6.22% |
Average DrawdownAverage peak-to-trough decline | -5.58% | -3.87% | -1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.42% | 0.86% | +1.56% |
Volatility
SWORX vs. FRAMX - Volatility Comparison
Schwab Target 2055 Fund (SWORX) has a higher volatility of 4.99% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 1.96%. This indicates that SWORX'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
| SWORX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.99% | 1.96% | +3.03% |
Volatility (6M)Calculated over the trailing 6-month period | 8.96% | 2.86% | +6.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.57% | 4.59% | +10.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.39% | 5.21% | +11.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.60% | 4.47% | +12.13% |