American Funds 2020 Target Date Retirement Fund (AACTX) belongs to the Target Retirement Date category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with AACTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AACTX
AACTX charges 0.33% annually. There are 262 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | AACTX vs LTFIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | AACTX vs JIEHX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | AACTX vs PTDIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | AACTX vs LTRIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | AACTX vs PMTIX |
Best Risk-Adjusted Alternatives to AACTX
AACTX has a PortfoliosLab risk / return rank of 65. There are 405 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 89 | — | Dec 2019 | AACTX vs PADLX | |
| State Street Target Retirement Fund | 88 | — | Sep 2014 | AACTX vs SSFNX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | AACTX vs PDAHX | |
| State Street Target Retirement 2025 Fund | 85 | — | Sep 2014 | AACTX vs SSBRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 83 | — | Nov 2015 | AACTX vs DRILX |
Top Performing AACTX Alternatives (YTD)
AACTX is at 4.87% YTD. There are 610 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 14.17%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Flex Freedom Blend 2060 Fund | 14.17% | — | Jun 2017 | AACTX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 14.11% | — | Jun 2019 | AACTX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 14.07% | — | Jun 2017 | AACTX vs FQLSX | |
| Fidelity Freedom Blend 2055 Fund Class K6 | 14.04% | — | Aug 2018 | AACTX vs FHDDX | |
| Fidelity Freedom Blend 2065 Fund Class K6 | 14.03% | — | Jun 2019 | AACTX vs FFBQX |
Lowest Volatility Alternatives to AACTX
AACTX has 5.68% 1-year volatility. There are 108 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.33% | — | Nov 2015 | AACTX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 3.98% | — | Oct 2009 | AACTX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.01% | — | Oct 2009 | AACTX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 4.14% | — | Aug 2019 | AACTX vs FRQHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.15% | — | Aug 2007 | AACTX vs FRQAX |
Lowest Drawdown Alternatives to AACTX
AACTX has a 1-year max drawdown of -5.12%. There are 154 mutual funds in the Target Retirement Date category with shallower 1-year drawdowns, going as shallow as -2.61%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.61% | — | Nov 2015 | AACTX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | AACTX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | AACTX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | AACTX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | AACTX vs FRKMX |
Other Mutual Funds from American Funds
The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, RGAGX and span 6 categories.
Often Compared With AACTX
Investors most often compare AACTX with VTWNX, AAFTX, AADTX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare AACTX with Any Fund or Stock
Compare AACTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AACTX with funds that move differently
American Funds 2020 Target Date Retirement Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AACTX.
Explore AACTX Diversifiers