TRRLX vs. FISNX
TRRLX (T. Rowe Price Retirement 2060 Fund) and FISNX (Fidelity Flex Freedom Blend 2010 Fund) are both Target Retirement Date funds. Over the past 5 years, TRRLX returned 7.94%/yr vs 3.54%/yr for FISNX. Their correlation of 0.83 means they have usually moved in the same direction. TRRLX charges 0.64%/yr vs 0.00%/yr for FISNX.
Performance
TRRLX vs. FISNX - Performance Comparison
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Returns By Period
In the year-to-date period, TRRLX achieves a 10.90% return, which is significantly higher than FISNX's 4.54% return.
TRRLX
- 1D
- 1.79%
- 1M
- -0.05%
- 6M
- 5.99%
- YTD
- 10.90%
- 1Y
- 17.79%
- 3Y*
- 14.51%
- 5Y*
- 7.94%
- 10Y*
- 10.79%
- ALL TIME*
- 9.28%
FISNX
- 1D
- 0.75%
- 1M
- -0.65%
- 6M
- 2.95%
- YTD
- 4.54%
- 1Y
- 9.25%
- 3Y*
- 8.34%
- 5Y*
- 3.54%
- 10Y*
- —
- ALL TIME*
- 5.39%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TRRLX vs. FISNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRRLX T. Rowe Price Retirement 2060 Fund | 10.90% | 14.54% | 14.22% | 20.87% | -19.22% | 17.50% | 18.46% | 25.39% | -7.62% | 7.53% |
FISNX Fidelity Flex Freedom Blend 2010 Fund | 4.54% | 11.53% | 5.63% | 10.21% | -13.01% | 5.62% | 10.81% | 14.65% | -3.42% | 5.51% |
Correlation
The correlation between TRRLX and FISNX is 0.87, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.87 |
Correlation (3Y) Balances recent behavior with more history. | 0.79 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jun 15, 2017 | 0.83 |
The correlation between TRRLX and FISNX has been stable across timeframes, ranging from 0.79 to 0.87 - a consistent structural relationship.
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Return for Risk
TRRLX vs. FISNX — Risk / Return Rank
TRRLX
FISNX
TRRLX vs. FISNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2060 Fund (TRRLX) and Fidelity Flex Freedom Blend 2010 Fund (FISNX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TRRLX | FISNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.66 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.32 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 1.66 | 2.42 | -0.75 |
| Martin ratioReturn relative to average drawdown | 6.75 | 9.70 | -2.94 |
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Drawdowns
TRRLX vs. FISNX - Drawdown Comparison
The maximum TRRLX drawdown since its inception was -32.52%, which is greater than FISNX's maximum drawdown of -18.11%. Use the drawdown chart below to compare losses from any high point for TRRLX and FISNX.
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Drawdown Indicators
| TRRLX | FISNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.52% | -18.11% | -14.41% |
Max Drawdown (1Y)Largest decline over 1 year | -9.82% | -3.91% | -5.91% |
Max Drawdown (3Y)Largest decline over 3 years | -15.59% | -4.67% | -10.92% |
Max Drawdown (5Y)Largest decline over 5 years | -28.09% | -18.11% | -9.98% |
Max Drawdown (10Y)Largest decline over 10 years | -32.52% | — | — |
Current DrawdownCurrent decline from peak | -0.99% | -1.19% | +0.20% |
Average DrawdownAverage peak-to-trough decline | -5.12% | -3.41% | -1.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.40% | 0.97% | +1.43% |
Volatility
TRRLX vs. FISNX - Volatility Comparison
T. Rowe Price Retirement 2060 Fund (TRRLX) has a higher volatility of 3.54% compared to Fidelity Flex Freedom Blend 2010 Fund (FISNX) at 1.73%. This indicates that TRRLX's price experiences larger fluctuations and is considered to be riskier than FISNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRRLX | FISNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.54% | 1.73% | +1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 11.05% | 4.95% | +6.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.62% | 5.65% | +7.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.42% | 6.54% | +8.88% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.48% | 6.44% | +9.04% |
TRRLX vs. FISNX - Expense Ratio Comparison
TRRLX has a 0.64% expense ratio, which is higher than FISNX's 0.00% expense ratio.
Dividends
TRRLX vs. FISNX - Dividend Comparison
TRRLX has not paid dividends to shareholders, while FISNX's dividend yield for the trailing twelve months is around 4.05%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FISNX Fidelity Flex Freedom Blend 2010 Fund | 4.05% | 3.68% | 4.39% | 3.17% | 5.92% | 6.53% | 3.63% | 5.29% | 5.20% | 2.34% | 0.00% | 0.00% |
TRRLX T. Rowe Price Retirement 2060 Fund | 0.00% | 0.00% | 1.74% | 3.29% | 5.75% | 4.19% | 2.38% | 4.33% | 5.39% | 1.58% | 1.58% | 0.83% |
Frequently Asked Questions
TRRLX and FISNX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TRRLX has higher volatility (3.54%) compared to FISNX (1.73%). In terms of maximum drawdown, TRRLX dropped -32.52% vs FISNX's -18.11%.
FISNX currently has the higher Sharpe Ratio (1.67 vs 1.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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