TRRCX vs. FNSHX
Compare and contrast key facts about T. Rowe Price Retirement 2030 Fund (TRRCX) and Fidelity Freedom Income Fund Class K (FNSHX).
TRRCX is managed by T. Rowe Price. It was launched on Sep 29, 2002. FNSHX is managed by Fidelity. It was launched on Jul 20, 2017.
Performance
TRRCX vs. FNSHX - Performance Comparison
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TRRCX vs. FNSHX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRRCX T. Rowe Price Retirement 2030 Fund | -0.07% | 8.23% | 10.73% | 16.36% | -16.89% | 13.70% | 15.90% | 22.50% | -6.36% | 5.71% |
FNSHX Fidelity Freedom Income Fund Class K | 0.63% | 10.35% | 4.40% | 8.26% | -11.31% | 3.16% | 9.01% | 10.74% | -1.86% | 0.09% |
Returns By Period
In the year-to-date period, TRRCX achieves a -0.07% return, which is significantly lower than FNSHX's 0.63% return.
TRRCX
- 1D
- 0.65%
- 1M
- -2.70%
- YTD
- -0.07%
- 6M
- -3.72%
- 1Y
- 6.61%
- 3Y*
- 9.79%
- 5Y*
- 4.55%
- 10Y*
- 8.19%
FNSHX
- 1D
- 0.18%
- 1M
- -1.28%
- YTD
- 0.63%
- 6M
- 1.71%
- 1Y
- 8.32%
- 3Y*
- 6.59%
- 5Y*
- 2.79%
- 10Y*
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TRRCX vs. FNSHX - Expense Ratio Comparison
TRRCX has a 0.59% expense ratio, which is higher than FNSHX's 0.42% expense ratio.
Return for Risk
TRRCX vs. FNSHX — Risk / Return Rank
TRRCX
FNSHX
TRRCX vs. FNSHX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2030 Fund (TRRCX) and Fidelity Freedom Income Fund Class K (FNSHX). 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.
| TRRCX | FNSHX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.60 | 1.74 | -1.14 |
Sortino ratioReturn per unit of downside risk | 0.87 | 2.43 | -1.56 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.35 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | 0.73 | 2.37 | -1.64 |
Martin ratioReturn relative to average drawdown | 2.51 | 9.65 | -7.14 |
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
| TRRCX | FNSHX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | 1.74 | -1.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.53 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.76 | -0.20 |
Correlation
The correlation between TRRCX and FNSHX is 0.73, 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
TRRCX vs. FNSHX - Dividend Comparison
TRRCX has not paid dividends to shareholders, while FNSHX's dividend yield for the trailing twelve months is around 3.25%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRCX T. Rowe Price Retirement 2030 Fund | 0.00% | 0.00% | 3.38% | 6.16% | 12.05% | 9.43% | 5.45% | 5.44% | 8.83% | 3.82% | 2.66% | 3.76% |
FNSHX Fidelity Freedom Income Fund Class K | 3.25% | 3.21% | 3.19% | 2.98% | 5.94% | 6.17% | 4.43% | 3.74% | 5.22% | 0.00% | 0.00% | 0.00% |
Drawdowns
TRRCX vs. FNSHX - Drawdown Comparison
The maximum TRRCX drawdown since its inception was -52.28%, which is greater than FNSHX's maximum drawdown of -15.87%. Use the drawdown chart below to compare losses from any high point for TRRCX and FNSHX.
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Drawdown Indicators
| TRRCX | FNSHX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.28% | -15.87% | -36.41% |
Max Drawdown (1Y)Largest decline over 1 year | -7.93% | -3.68% | -4.25% |
Max Drawdown (5Y)Largest decline over 5 years | -24.07% | -15.87% | -8.20% |
Max Drawdown (10Y)Largest decline over 10 years | -28.55% | — | — |
Current DrawdownCurrent decline from peak | -5.62% | -2.39% | -3.23% |
Average DrawdownAverage peak-to-trough decline | -6.11% | -3.09% | -3.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 0.90% | +1.72% |
Volatility
TRRCX vs. FNSHX - Volatility Comparison
T. Rowe Price Retirement 2030 Fund (TRRCX) has a higher volatility of 4.05% compared to Fidelity Freedom Income Fund Class K (FNSHX) at 2.36%. This indicates that TRRCX's price experiences larger fluctuations and is considered to be riskier than FNSHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRRCX | FNSHX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.05% | 2.36% | +1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 8.03% | 3.30% | +4.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.95% | 4.89% | +7.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.32% | 5.26% | +6.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 12.23% | 4.81% | +7.42% |