The Best Target Retirement Date Mutual Funds

The table below compares the performance and other essential indicators like dividend yield and expense ratio of Target Retirement Date mutual funds.

Target Retirement Date mutual funds, also known as target-date funds or lifecycle funds, are a type of investment vehicle designed to simplify retirement planning for investors. These funds gradually adjust their asset allocation based on a predetermined retirement date, automatically shifting from a more aggressive, growth-oriented portfolio to a more conservative, income-focused portfolio as the retirement date approaches.

When an investor is further from retirement, the target-date fund allocates a larger portion of its assets to equities with higher growth potential and risk. As the retirement date nears, the fund gradually shifts its allocation towards fixed-income securities and cash equivalents to prioritize capital preservation and income generation.

Category is Target Retirement Date

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield	Risk / Return Rank
DRIQX	Dimensional 2015 Target Date Retirement Income Fun...	Target Retirement Date	Nov 1, 2015	0.17%	-0.07%	4.51%	4.97%	53
DRIRX	Dimensional 2020 Target Date Retirement Income Fun...	Target Retirement Date	Nov 1, 2015	0.18%	-0.05%	4.50%	5.85%	46
DRIUX	Dimensional 2025 Target Date Retirement Income Fun...	Target Retirement Date	Nov 1, 2015	0.18%	-0.43%	4.84%	5.30%	32
DRIWX	Dimensional 2030 Target Date Retirement Income Fun...	Target Retirement Date	Nov 1, 2015	0.20%	-0.50%	5.99%	7.01%	28
DTDRX	Dimensional 2065 Target Date Retirement Income Fun...	Target Retirement Date	Jan 1, 2020	0.22%	-1.26%	—	1.56%	58
FACFX	Fidelity Advisor Freedom 2010 Fund Class A	Target Retirement Date	Jul 24, 2003	0.74%	0.18%	5.21%	4.93%	80
FAELX	Connecticut Higher Education Trust 529 College Sav...	Target Retirement Date	Oct 22, 2004	0.50%	-0.88%	—	0.00%	57
FAFAX	Fidelity Advisor Freedom Income Fund Class A	Target Retirement Date	Jul 24, 2003	0.72%	0.45%	3.88%	2.98%	76
FAFEX	Fidelity Advisor Freedom 2030 Fund Class A	Target Retirement Date	Jul 24, 2003	0.91%	0.13%	8.44%	7.27%	70
FAFFX	Fidelity Advisor Freedom 2040 Fund Class A	Target Retirement Date	Jul 24, 2003	1.00%	0.11%	10.55%	7.08%	70
FAPTX	American Funds 2025 Target Date Retirement Fund Cl...	Target Retirement Date	Feb 1, 2007	0.67%	-0.69%	7.46%	7.46%	76
FARFX	Fidelity Advisor Managed Retirement 2025 Fund Clas...	Target Retirement Date	Dec 31, 2007	0.73%	0.27%	6.37%	2.44%	73
FARSX	Fidelity Advisor Managed Retirement 2015 Fund Clas...	Target Retirement Date	Aug 30, 2007	0.71%	0.10%	5.18%	2.74%	80
FARVX	Fidelity Advisor Managed Retirement 2020 Fund Clas...	Target Retirement Date	Dec 31, 2007	0.72%	-0.01%	5.80%	2.58%	77
FATHX	Fidelity Advisor Freedom 2035 Fund Class A	Target Retirement Date	Nov 6, 2003	0.96%	-0.62%	9.45%	7.35%	71
FATKX	Fidelity Freedom 2020 Fund Class K6	Target Retirement Date	Oct 17, 1996	0.42%	0.72%	—	7.65%	82
FATWX	Fidelity Advisor Freedom 2025 Fund Class A	Target Retirement Date	Nov 6, 2003	0.87%	0.22%	7.43%	7.67%	69
FAXDX	Fidelity Advisor Freedom Blend 2065 Fund Class C	Target Retirement Date	Jun 28, 2019	1.49%	-1.04%	—	1.87%	67
FAXEX	Fidelity Advisor Freedom Blend 2065 Fund Class M	Target Retirement Date	Jun 28, 2019	0.99%	0.19%	—	2.17%	69
FAXFX	Fidelity Advisor Freedom Blend 2065 Fund Class I	Target Retirement Date	Jun 28, 2019	0.49%	0.32%	—	2.44%	72

Risk vs. Return Scatterplot

The Risk vs. Return Scatterplot allows you to quickly compare funds, stocks, and ETFs in one view. It displays the yearly return of an instrument on one axis and the risk (volatility) on the other.

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