American Funds 2030 Target Date Retirement Fund (AAETX) 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 AAETX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AAETX
AAETX 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 2060 Fund | 0.01% | — | Feb 2013 | AAETX vs PLTZX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | AAETX vs LTFIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | AAETX vs LTRIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | AAETX vs PMTIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | AAETX vs LTIUX |
Best Risk-Adjusted Alternatives to AAETX
AAETX has a PortfoliosLab risk / return rank of 57. There are 496 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 | AAETX vs PADLX | |
| State Street Target Retirement Fund | 87 | — | Sep 2014 | AAETX vs SSFNX | |
| Prudential Day One Income Fund | 86 | — | Dec 2016 | AAETX vs PDAHX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | AAETX vs FRAMX | |
| Dimensional Retirement Income Fund | 85 | — | Nov 2015 | AAETX vs TDIFX |
Top Performing AAETX Alternatives (YTD)
AAETX is at 5.84% YTD. There are 500 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 1,644,791.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | AAETX vs FRAMX | |
| Fidelity Freedom 2060 Fund Class K6 | 13.86% | — | Aug 2014 | AAETX vs FVTKX | |
| Fidelity Flex Freedom Blend 2060 Fund | 13.84% | — | Jun 2017 | AAETX vs FWLSX | |
| Fidelity Freedom 2055 Fund Class K6 | 13.83% | — | Jun 2011 | AAETX vs FCTKX | |
| Fidelity Freedom 2065 Fund Class K6 | 13.82% | — | Jun 2019 | AAETX vs FFSZX |
Lowest Volatility Alternatives to AAETX
AAETX has 7.58% 1-year volatility. There are 174 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 | AAETX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | AAETX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | AAETX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | AAETX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.38% | — | Oct 2009 | AAETX vs FIKFX |
Lowest Drawdown Alternatives to AAETX
AAETX has a 1-year max drawdown of -6.12%. There are 201 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 | AAETX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | AAETX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | AAETX vs FFGZX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | -3.43% | — | Aug 2007 | AAETX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | -3.44% | — | Aug 2007 | AAETX vs FRIMX |
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 AAETX
Investors most often compare AAETX with VTHRX, AAGTX, AABTX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare AAETX with Any Fund or Stock
Compare AAETX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AAETX with funds that move differently
American Funds 2030 Target Date Retirement Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AAETX.
Explore AAETX Diversifiers