TBLEX vs. FIRFX
Compare and contrast key facts about T. Rowe Price Retirement Blend 2025 Fund (TBLEX) and Fidelity Advisor Managed Retirement 2025 Fund Class I (FIRFX).
TBLEX is managed by T. Rowe Price. It was launched on Jul 25, 2021. FIRFX is managed by BlackRock. It was launched on Dec 31, 2007.
Performance
TBLEX vs. FIRFX - Performance Comparison
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TBLEX vs. FIRFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TBLEX T. Rowe Price Retirement Blend 2025 Fund | -2.19% | 13.88% | 10.29% | 15.00% | -15.23% | 2.43% |
FIRFX Fidelity Advisor Managed Retirement 2025 Fund Class I | -1.37% | 13.43% | 6.55% | 11.83% | -15.66% | 1.38% |
Returns By Period
In the year-to-date period, TBLEX achieves a -2.19% return, which is significantly lower than FIRFX's -1.37% return.
TBLEX
- 1D
- 0.00%
- 1M
- -5.64%
- YTD
- -2.19%
- 6M
- -0.18%
- 1Y
- 10.49%
- 3Y*
- 10.36%
- 5Y*
- —
- 10Y*
- —
FIRFX
- 1D
- 0.17%
- 1M
- -4.93%
- YTD
- -1.37%
- 6M
- 0.41%
- 1Y
- 10.02%
- 3Y*
- 8.27%
- 5Y*
- 3.65%
- 10Y*
- 6.45%
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TBLEX vs. FIRFX - Expense Ratio Comparison
TBLEX has a 0.22% expense ratio, which is lower than FIRFX's 0.48% expense ratio.
Return for Risk
TBLEX vs. FIRFX — Risk / Return Rank
TBLEX
FIRFX
TBLEX vs. FIRFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement Blend 2025 Fund (TBLEX) and Fidelity Advisor Managed Retirement 2025 Fund Class I (FIRFX). 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.
| TBLEX | FIRFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 1.34 | -0.17 |
Sortino ratioReturn per unit of downside risk | 1.66 | 1.88 | -0.22 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.28 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.40 | 1.72 | -0.32 |
Martin ratioReturn relative to average drawdown | 6.38 | 7.34 | -0.96 |
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
| TBLEX | FIRFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 1.34 | -0.17 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.45 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.78 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.49 | -0.03 |
Correlation
The correlation between TBLEX and FIRFX is 0.93, 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
TBLEX vs. FIRFX - Dividend Comparison
TBLEX's dividend yield for the trailing twelve months is around 3.32%, more than FIRFX's 2.72% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TBLEX T. Rowe Price Retirement Blend 2025 Fund | 3.32% | 3.25% | 2.73% | 2.41% | 3.09% | 2.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FIRFX Fidelity Advisor Managed Retirement 2025 Fund Class I | 2.72% | 2.66% | 2.56% | 2.43% | 4.63% | 5.08% | 3.57% | 3.80% | 7.10% | 24.68% | 2.44% | 4.49% |
Drawdowns
TBLEX vs. FIRFX - Drawdown Comparison
The maximum TBLEX drawdown since its inception was -21.51%, smaller than the maximum FIRFX drawdown of -41.29%. Use the drawdown chart below to compare losses from any high point for TBLEX and FIRFX.
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Drawdown Indicators
| TBLEX | FIRFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.51% | -41.29% | +19.78% |
Max Drawdown (1Y)Largest decline over 1 year | -6.95% | -5.65% | -1.30% |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.56% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.56% | — |
Current DrawdownCurrent decline from peak | -5.80% | -4.95% | -0.85% |
Average DrawdownAverage peak-to-trough decline | -5.58% | -5.25% | -0.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.52% | 1.32% | +0.20% |
Volatility
TBLEX vs. FIRFX - Volatility Comparison
T. Rowe Price Retirement Blend 2025 Fund (TBLEX) has a higher volatility of 3.08% compared to Fidelity Advisor Managed Retirement 2025 Fund Class I (FIRFX) at 2.93%. This indicates that TBLEX's price experiences larger fluctuations and is considered to be riskier than FIRFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TBLEX | FIRFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.08% | 2.93% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 5.26% | 4.56% | +0.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.12% | 7.58% | +1.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.82% | 8.12% | +1.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.82% | 8.33% | +1.49% |