TBLGX vs. FRAMX
Compare and contrast key facts about T. Rowe Price Retirement Blend 2030 Fund (TBLGX) and Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX).
TBLGX is managed by T. Rowe Price. It was launched on Jul 25, 2021. FRAMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
TBLGX vs. FRAMX - Performance Comparison
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TBLGX vs. FRAMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TBLGX T. Rowe Price Retirement Blend 2030 Fund | -0.79% | 15.49% | 11.32% | 16.91% | -16.41% | 2.96% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 0.18% | 9.55% | 4.04% | 7.80% | -11.87% | -0.07% |
Returns By Period
In the year-to-date period, TBLGX achieves a -0.79% return, which is significantly lower than FRAMX's 0.18% return.
TBLGX
- 1D
- 1.88%
- 1M
- -4.45%
- YTD
- -0.79%
- 6M
- 1.29%
- 1Y
- 13.58%
- 3Y*
- 12.15%
- 5Y*
- —
- 10Y*
- —
FRAMX
- 1D
- 0.75%
- 1M
- -2.08%
- YTD
- 0.18%
- 6M
- 1.18%
- 1Y
- 7.30%
- 3Y*
- 5.92%
- 5Y*
- 2.18%
- 10Y*
- 3.73%
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TBLGX vs. FRAMX - Expense Ratio Comparison
TBLGX has a 0.23% expense ratio, which is lower than FRAMX's 0.70% expense ratio.
Return for Risk
TBLGX vs. FRAMX — Risk / Return Rank
TBLGX
FRAMX
TBLGX vs. FRAMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement Blend 2030 Fund (TBLGX) 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.
| TBLGX | FRAMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.27 | 1.64 | -0.37 |
Sortino ratioReturn per unit of downside risk | 1.82 | 2.30 | -0.48 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.33 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 1.71 | 2.22 | -0.52 |
Martin ratioReturn relative to average drawdown | 7.81 | 8.81 | -1.00 |
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
| TBLGX | FRAMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.27 | 1.64 | -0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.42 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.84 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.50 | -0.02 |
Correlation
The correlation between TBLGX and FRAMX is 0.76, 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
TBLGX vs. FRAMX - Dividend Comparison
TBLGX's dividend yield for the trailing twelve months is around 2.90%, which matches FRAMX's 2.88% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TBLGX T. Rowe Price Retirement Blend 2030 Fund | 2.90% | 2.87% | 2.48% | 2.21% | 2.60% | 1.88% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FRAMX Fidelity Advisor Managed Retirement Income Fund Class A | 2.88% | 2.77% | 2.77% | 2.58% | 4.26% | 3.31% | 2.23% | 2.37% | 4.40% | 8.26% | 1.42% | 1.42% |
Drawdowns
TBLGX vs. FRAMX - Drawdown Comparison
The maximum TBLGX drawdown since its inception was -23.25%, smaller than the maximum FRAMX drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for TBLGX and FRAMX.
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Drawdown Indicators
| TBLGX | FRAMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.25% | -33.94% | +10.69% |
Max Drawdown (1Y)Largest decline over 1 year | -8.22% | -3.45% | -4.77% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.31% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.31% | — |
Current DrawdownCurrent decline from peak | -4.93% | -2.47% | -2.46% |
Average DrawdownAverage peak-to-trough decline | -6.03% | -3.86% | -2.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.80% | 0.87% | +0.93% |
Volatility
TBLGX vs. FRAMX - Volatility Comparison
T. Rowe Price Retirement Blend 2030 Fund (TBLGX) has a higher volatility of 4.12% compared to Fidelity Advisor Managed Retirement Income Fund Class A (FRAMX) at 2.14%. This indicates that TBLGX'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
| TBLGX | FRAMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.12% | 2.14% | +1.98% |
Volatility (6M)Calculated over the trailing 6-month period | 6.49% | 2.95% | +3.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.01% | 4.64% | +6.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.45% | 5.22% | +6.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.45% | 4.48% | +6.97% |