AACTX Alternatives & Similar Mutual Funds

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
PLWIX	Principal LifeTime 2020 Fund	0.01%	—	Feb 2001	AACTX vs PLWIX
PMTIX	Principal LifeTime 2030 Fund	0.01%	—	Feb 2001	AACTX vs PMTIX
LTFIX	Principal LifeTime 2055 Fund	0.01%	—	Feb 2008	AACTX vs LTFIX
FCQTX	American Funds 2065 Target Date Retirement Fund	0.01%	—	Mar 2020	AACTX vs FCQTX
PPLIX	Principal LifeTime 2050 Fund	0.01%	—	Feb 2001	AACTX vs PPLIX

Best Risk-Adjusted Alternatives to AACTX

AACTX has a PortfoliosLab risk / return rank of 60. There are 430 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 86.

Symbol	Name	Risk / Return Rank	AUM	Inception
PADLX	Putnam Retirement Advantage Maturity Fund	86	—	Dec 2019	AACTX vs PADLX
FIRVX	Fidelity Managed Retirement 2020 Fund	86	—	Dec 2007	AACTX vs FIRVX
FRKMX	Fidelity Managed Retirement Income Fund Class K	86	—	Aug 2019	AACTX vs FRKMX
FRHMX	Fidelity Managed Retirement Income Fund Class K6	86	—	Aug 2019	AACTX vs FRHMX
FRAMX	Fidelity Advisor Managed Retirement Income Fund Cl...	85	—	Aug 2007	AACTX vs FRAMX

Top Performing AACTX Alternatives (YTD)

AACTX is at 4.94% YTD. There are 570 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 15,640,638.04%.

Symbol	Name	YTD Return	AUM	Inception
FRKMX	Fidelity Managed Retirement Income Fund Class K	15,640,638.04%	—	Aug 2019	AACTX vs FRKMX
FRAMX	Fidelity Advisor Managed Retirement Income Fund Cl...	1,644,791.35%	—	Aug 2007	AACTX vs FRAMX
FRHMX	Fidelity Managed Retirement Income Fund Class K6	1,464,383.96%	—	Aug 2019	AACTX vs FRHMX
FIRVX	Fidelity Managed Retirement 2020 Fund	1,440,933.92%	—	Dec 2007	AACTX vs FIRVX
FWLSX	Fidelity Flex Freedom Blend 2060 Fund	14.17%	—	Jun 2017	AACTX vs FWLSX

Lowest Volatility Alternatives to AACTX

AACTX has 5.87% 1-year volatility. There are 95 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.50%.

Symbol	Name	Volatility 1Y	AUM	Inception
TDIFX	Dimensional Retirement Income Fund	3.50%	—	Nov 2015	AACTX vs TDIFX
FRIMX	Fidelity Advisor Managed Retirement Income Fund Cl...	4.32%	—	Aug 2007	AACTX vs FRIMX
FRQIX	Fidelity Advisor Managed Retirement 2010 Fund Clas...	4.32%	—	Aug 2007	AACTX vs FRQIX
FRQAX	Fidelity Advisor Managed Retirement 2010 Fund Clas...	4.33%	—	Aug 2007	AACTX vs FRQAX
FIKFX	Fidelity Freedom Index Income Fund Investor Class	4.35%	—	Oct 2009	AACTX vs FIKFX

Lowest Drawdown Alternatives to AACTX

AACTX has a 1-year max drawdown of -5.12%. There are 150 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
TDIFX	Dimensional Retirement Income Fund	-2.61%	—	Nov 2015	AACTX vs TDIFX
FIKFX	Fidelity Freedom Index Income Fund Investor Class	-3.32%	—	Oct 2009	AACTX vs FIKFX
FFGZX	Fidelity Freedom Index Income Fund Institutional P...	-3.33%	—	Oct 2009	AACTX vs FFGZX
FRQHX	Fidelity Managed Retirement 2010 Fund Class K6	-3.41%	—	Aug 2019	AACTX vs FRQHX
FRHMX	Fidelity Managed Retirement Income Fund Class K6	-3.42%	—	Aug 2019	AACTX vs FRHMX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	79	9.44%	—	Jul 1975	AACTX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	40	10.50%	—	Jan 1934	AACTX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	39	8.07%	—	Jul 1952	AACTX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	24	9.06%	—	Dec 1973	AACTX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	37	10.66%	—	May 2009	AACTX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	62	14.17%	—	Aug 1978	AACTX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	24	6.76%	—	Mar 1973	AACTX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	24	9.00%	—	Dec 1973	AACTX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	55	6.96%	—	Dec 1973	AACTX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	20	6.73%	—	Jan 1967	AACTX vs AMCPX

Often Compared With AACTX

Investors most often compare AACTX with AADTX, AAFTX, VTWNX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
AADTX	American Funds 2025 Target Date Retirement Fund	Target Retirement Date	57	5.11%	—	Jan 2007	AACTX vs AADTX
AAFTX	American Funds 2035 Target Date Retirement Fund	Target Retirement Date	48	7.05%	—	Jan 2007	AACTX vs AAFTX
VTWNX	Vanguard Target Retirement 2020 Fund	Target Retirement Date, Diversified Portfolio	65	4.63%	34.70B	Jun 2006	AACTX vs VTWNX
FPIFX	Fidelity Freedom Index 2020 Fund Investor Class	Target Retirement Date	64	5.63%	—	Oct 2009	AACTX vs FPIFX
VFIFX	Vanguard Target Retirement 2050 Fund	Target Retirement Date, Diversified Portfolio	65	11.27%	108.60B	Jun 2006	AACTX vs VFIFX
IRTR	iShares LifePath Retirement ETF	Target Retirement Date	67	4.65%	58.12M	Oct 2023	AACTX vs IRTR
URSIX	USAA Target Retirement 2060 Fund	Target Retirement Date	76	13.67%	—	Jul 2013	AACTX vs URSIX
URFFX	USAA Target Retirement 2050 Fund	Target Retirement Date	77	13.05%	—	Jul 2008	AACTX vs URFFX
PDAHX	Prudential Day One Income Fund	Target Retirement Date	82	5.04%	—	Dec 2016	AACTX vs PDAHX
JRLVX	John Hancock Funds Multi-Index 2045 Lifetime Portf...	Target Retirement Date	67	11.78%	—	Nov 2013	AACTX vs JRLVX
LTRIX	Principal LifeTime 2045 Fund	Target Retirement Date	42	8.20%	—	Feb 2008	AACTX vs LTRIX
PTDIX	Principal LifeTime 2040 Fund	Target Retirement Date	42	7.32%	—	Feb 2001	AACTX vs PTDIX
PDDDX	Prudential Day One 2020 Fund	Target Retirement Date	76	5.38%	—	Dec 2016	AACTX vs PDDDX
FRQKX	Fidelity Managed Retirement 2010 Fund Class K	Target Retirement Date	83	3.66%	—	Aug 2019	AACTX vs FRQKX
DRILX	Dimensional 2060 Target Date Retirement Income Fun...	Target Retirement Date	78	11.95%	137.29M	Nov 2015	AACTX vs DRILX
FYTKX	Fidelity Freedom Income Fund Class K6	Target Retirement Date	72	4.67%	—	Oct 1996	AACTX vs FYTKX
PLTZX	Principal LifeTime 2060 Fund	Target Retirement Date	42	9.09%	—	Feb 2013	AACTX vs PLTZX
LTIUX	Principal LifeTime 2035 Fund	Target Retirement Date	43	6.33%	—	Feb 2008	AACTX vs LTIUX
FFFCX	Fidelity Freedom 2010 Fund	Target Retirement Date	71	5.06%	—	Oct 1996	AACTX vs FFFCX
DTDRX	Dimensional 2065 Target Date Retirement Income Fun...	Target Retirement Date	78	11.98%	—	Jan 2020	AACTX vs DTDRX

Compare AACTX with Any Fund or Stock

Compare AACTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

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

American Funds 2020 Target Date Retirement Fund (AACTX) Alternatives