VSVNX vs. FIRMX
Compare and contrast key facts about Vanguard Target Retirement 2070 Fund (VSVNX) and Fidelity Managed Retirement Income Fund (FIRMX).
VSVNX is managed by Vanguard. It was launched on Jun 28, 2022. FIRMX is managed by BlackRock. It was launched on Aug 30, 2007.
Performance
VSVNX vs. FIRMX - Performance Comparison
Loading graphics...
VSVNX vs. FIRMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
VSVNX Vanguard Target Retirement 2070 Fund | -1.45% | 21.43% | 14.38% | 20.45% | 1.72% |
FIRMX Fidelity Managed Retirement Income Fund | 0.24% | 9.95% | 4.29% | 8.07% | -2.07% |
Returns By Period
In the year-to-date period, VSVNX achieves a -1.45% return, which is significantly lower than FIRMX's 0.24% return.
VSVNX
- 1D
- 2.65%
- 1M
- -5.54%
- YTD
- -1.45%
- 6M
- 1.17%
- 1Y
- 19.95%
- 3Y*
- 15.63%
- 5Y*
- —
- 10Y*
- —
FIRMX
- 1D
- 0.74%
- 1M
- -2.07%
- YTD
- 0.24%
- 6M
- 1.29%
- 1Y
- 7.55%
- 3Y*
- 6.22%
- 5Y*
- 2.46%
- 10Y*
- 4.00%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VSVNX vs. FIRMX - Expense Ratio Comparison
VSVNX has a 0.08% expense ratio, which is lower than FIRMX's 0.45% expense ratio.
Return for Risk
VSVNX vs. FIRMX — Risk / Return Rank
VSVNX
FIRMX
VSVNX vs. FIRMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2070 Fund (VSVNX) and Fidelity Managed Retirement Income Fund (FIRMX). 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.
| VSVNX | FIRMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.37 | 1.70 | -0.33 |
Sortino ratioReturn per unit of downside risk | 1.96 | 2.38 | -0.41 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.34 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.94 | 2.30 | -0.36 |
Martin ratioReturn relative to average drawdown | 8.78 | 9.15 | -0.37 |
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
| VSVNX | FIRMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.37 | 1.70 | -0.33 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.47 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.90 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.10 | 0.53 | +0.57 |
Correlation
The correlation between VSVNX and FIRMX is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
VSVNX vs. FIRMX - Dividend Comparison
VSVNX's dividend yield for the trailing twelve months is around 1.85%, less than FIRMX's 3.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VSVNX Vanguard Target Retirement 2070 Fund | 1.85% | 1.82% | 1.79% | 1.57% | 0.91% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FIRMX Fidelity Managed Retirement Income Fund | 3.14% | 3.13% | 3.02% | 2.81% | 4.54% | 3.56% | 2.48% | 2.59% | 4.65% | 8.57% | 1.67% | 1.68% |
Drawdowns
VSVNX vs. FIRMX - Drawdown Comparison
The maximum VSVNX drawdown since its inception was -15.39%, smaller than the maximum FIRMX drawdown of -33.73%. Use the drawdown chart below to compare losses from any high point for VSVNX and FIRMX.
Loading graphics...
Drawdown Indicators
| VSVNX | FIRMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.39% | -33.73% | +18.34% |
Max Drawdown (1Y)Largest decline over 1 year | -10.50% | -3.44% | -7.06% |
Max Drawdown (5Y)Largest decline over 5 years | — | -16.11% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.11% | — |
Current DrawdownCurrent decline from peak | -6.53% | -2.46% | -4.07% |
Average DrawdownAverage peak-to-trough decline | -2.57% | -3.73% | +1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.32% | 0.87% | +1.45% |
Volatility
VSVNX vs. FIRMX - Volatility Comparison
Vanguard Target Retirement 2070 Fund (VSVNX) has a higher volatility of 5.60% compared to Fidelity Managed Retirement Income Fund (FIRMX) at 2.13%. This indicates that VSVNX's price experiences larger fluctuations and is considered to be riskier than FIRMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| VSVNX | FIRMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.60% | 2.13% | +3.47% |
Volatility (6M)Calculated over the trailing 6-month period | 8.96% | 2.94% | +6.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.96% | 4.64% | +10.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.73% | 5.22% | +8.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.73% | 4.48% | +9.25% |