TRRBX vs. FIKFX
Compare and contrast key facts about T. Rowe Price Retirement 2020 Fund (TRRBX) and Fidelity Freedom Index Income Fund Investor Class (FIKFX).
TRRBX is managed by T. Rowe Price. It was launched on Sep 29, 2002. FIKFX is managed by Fidelity. It was launched on Oct 2, 2009.
Performance
TRRBX vs. FIKFX - Performance Comparison
Loading graphics...
TRRBX vs. FIKFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRRBX T. Rowe Price Retirement 2020 Fund | -0.56% | 6.07% | 9.17% | 13.51% | -14.58% | 10.60% | 13.18% | 19.39% | -5.01% | 15.75% |
FIKFX Fidelity Freedom Index Income Fund Investor Class | -0.05% | 9.23% | 4.96% | 8.28% | -11.09% | 2.79% | 8.54% | 10.59% | -0.76% | 6.66% |
Returns By Period
In the year-to-date period, TRRBX achieves a -0.56% return, which is significantly lower than FIKFX's -0.05% return. Over the past 10 years, TRRBX has outperformed FIKFX with an annualized return of 6.66%, while FIKFX has yielded a comparatively lower 3.93% annualized return.
TRRBX
- 1D
- 1.45%
- 1M
- -3.82%
- YTD
- -0.56%
- 6M
- -4.75%
- 1Y
- 4.03%
- 3Y*
- 7.71%
- 5Y*
- 3.52%
- 10Y*
- 6.66%
FIKFX
- 1D
- 0.74%
- 1M
- -1.99%
- YTD
- -0.05%
- 6M
- 1.03%
- 1Y
- 6.95%
- 3Y*
- 6.20%
- 5Y*
- 2.67%
- 10Y*
- 3.93%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TRRBX vs. FIKFX - Expense Ratio Comparison
TRRBX has a 0.53% expense ratio, which is higher than FIKFX's 0.12% expense ratio.
Return for Risk
TRRBX vs. FIKFX — Risk / Return Rank
TRRBX
FIKFX
TRRBX vs. FIKFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2020 Fund (TRRBX) and Fidelity Freedom Index Income Fund Investor Class (FIKFX). 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.
| TRRBX | FIKFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.43 | 1.63 | -1.20 |
Sortino ratioReturn per unit of downside risk | 0.61 | 2.30 | -1.69 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.32 | -0.22 |
Calmar ratioReturn relative to maximum drawdown | 0.50 | 2.20 | -1.70 |
Martin ratioReturn relative to average drawdown | 1.45 | 9.11 | -7.66 |
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
| TRRBX | FIKFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.43 | 1.63 | -1.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.39 | 0.53 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.90 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.96 | -0.37 |
Correlation
The correlation between TRRBX and FIKFX is 0.81, 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
TRRBX vs. FIKFX - Dividend Comparison
TRRBX has not paid dividends to shareholders, while FIKFX's dividend yield for the trailing twelve months is around 3.41%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRBX T. Rowe Price Retirement 2020 Fund | 0.00% | 0.00% | 4.28% | 6.78% | 13.33% | 12.99% | 9.80% | 5.52% | 9.63% | 4.79% | 1.76% | 2.92% |
FIKFX Fidelity Freedom Index Income Fund Investor Class | 3.41% | 3.40% | 3.13% | 2.85% | 3.06% | 2.04% | 2.18% | 7.27% | 2.94% | 1.89% | 1.65% | 1.39% |
Drawdowns
TRRBX vs. FIKFX - Drawdown Comparison
The maximum TRRBX drawdown since its inception was -47.04%, which is greater than FIKFX's maximum drawdown of -15.03%. Use the drawdown chart below to compare losses from any high point for TRRBX and FIKFX.
Loading graphics...
Drawdown Indicators
| TRRBX | FIKFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.04% | -15.03% | -32.01% |
Max Drawdown (1Y)Largest decline over 1 year | -7.68% | -3.32% | -4.36% |
Max Drawdown (5Y)Largest decline over 5 years | -20.54% | -15.03% | -5.51% |
Max Drawdown (10Y)Largest decline over 10 years | -23.90% | -15.03% | -8.87% |
Current DrawdownCurrent decline from peak | -6.35% | -2.37% | -3.98% |
Average DrawdownAverage peak-to-trough decline | -5.07% | -1.74% | -3.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 0.80% | +1.82% |
Volatility
TRRBX vs. FIKFX - Volatility Comparison
T. Rowe Price Retirement 2020 Fund (TRRBX) has a higher volatility of 3.34% compared to Fidelity Freedom Index Income Fund Investor Class (FIKFX) at 2.05%. This indicates that TRRBX's price experiences larger fluctuations and is considered to be riskier than FIKFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TRRBX | FIKFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.34% | 2.05% | +1.29% |
Volatility (6M)Calculated over the trailing 6-month period | 7.36% | 2.85% | +4.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.02% | 4.39% | +5.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.17% | 5.07% | +4.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.66% | 4.40% | +5.26% |