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 264 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 | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | AACTX vs LTRIX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | AACTX vs LTSTX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | AACTX vs PPLIX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | AACTX vs PLWIX |
Best Risk-Adjusted Alternatives to AACTX
AACTX has a PortfoliosLab risk / return rank of 71. There are 91 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 | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 86 | — | Sep 2014 | AACTX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | AACTX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | AACTX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | AACTX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | AACTX vs URTRX |
Top Performing AACTX Alternatives (YTD)
AACTX is at 4.73% YTD. There are 541 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 13.54% | — | Jul 2013 | AACTX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | AACTX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | AACTX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | AACTX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | AACTX vs FQLSX |
Lowest Volatility Alternatives to AACTX
AACTX has 5.90% 1-year volatility. There are 77 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.51% | — | Nov 2015 | AACTX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | AACTX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | AACTX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | AACTX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | AACTX vs DRIQX |
Lowest Drawdown Alternatives to AACTX
AACTX has a 1-year max drawdown of -5.12%. There are 130 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 Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | AACTX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | AACTX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | AACTX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | AACTX vs PRMYX |
Other Mutual Funds from American Funds
The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.
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.
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