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 | |
|---|---|---|---|---|---|
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | AAETX vs JIEHX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | AAETX vs LTRIX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | AAETX vs PPLIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | AAETX vs LTIUX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | AAETX vs PLTZX |
Best Risk-Adjusted Alternatives to AAETX
AAETX has a PortfoliosLab risk / return rank of 59. There are 517 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 | 88 | — | Sep 2014 | AAETX vs SSFNX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | AAETX vs PDAHX | |
| State Street Target Retirement 2025 Fund | 85 | — | Sep 2014 | AAETX vs SSBRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 83 | — | Nov 2015 | AAETX vs DRILX |
Top Performing AAETX Alternatives (YTD)
AAETX is at 5.95% YTD. There are 523 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 | AAETX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 14.11% | — | Jun 2019 | AAETX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 14.07% | — | Jun 2017 | AAETX vs FQLSX | |
| Fidelity Freedom Blend 2055 Fund Class K6 | 14.04% | — | Aug 2018 | AAETX vs FHDDX | |
| Fidelity Freedom Blend 2065 Fund Class K6 | 14.03% | — | Jun 2019 | AAETX vs FFBQX |
Lowest Volatility Alternatives to AAETX
AAETX has 7.21% 1-year volatility. There are 206 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 | AAETX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 3.98% | — | Oct 2009 | AAETX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.01% | — | Oct 2009 | AAETX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 4.14% | — | Aug 2019 | AAETX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | 4.15% | — | Aug 2019 | AAETX vs FRKMX |
Lowest Drawdown Alternatives to AAETX
AAETX has a 1-year max drawdown of -6.12%. There are 219 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 Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | AAETX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | AAETX 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 AAETX
Investors most often compare AAETX with VTHRX, AAGTX, AABTX. These 20 comparison targets span 5 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