AAETX Alternatives & Similar Mutual Funds

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
JIEHX	John Hancock Funds Multi-Index 2060 Lifetime Portf...	0.01%	—	Mar 2016	AAETX vs JIEHX
PTDIX	Principal LifeTime 2040 Fund	0.01%	—	Feb 2001	AAETX vs PTDIX
LTFIX	Principal LifeTime 2055 Fund	0.01%	—	Feb 2008	AAETX vs LTFIX
PMTIX	Principal LifeTime 2030 Fund	0.01%	—	Feb 2001	AAETX vs PMTIX
LTRIX	Principal LifeTime 2045 Fund	0.01%	—	Feb 2008	AAETX vs LTRIX

Best Risk-Adjusted Alternatives to AAETX

AAETX has a PortfoliosLab risk / return rank of 49. There are 575 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 85.

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

Top Performing AAETX Alternatives (YTD)

AAETX is at 4.93% YTD. There are 527 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	AAETX vs FRKMX
FRAMX	Fidelity Advisor Managed Retirement Income Fund Cl...	1,644,791.35%	—	Aug 2007	AAETX vs FRAMX
FRHMX	Fidelity Managed Retirement Income Fund Class K6	1,464,383.96%	—	Aug 2019	AAETX vs FRHMX
FIRVX	Fidelity Managed Retirement 2020 Fund	1,440,933.92%	—	Dec 2007	AAETX vs FIRVX
FFSZX	Fidelity Freedom 2065 Fund Class K6	12.32%	—	Jun 2019	AAETX vs FFSZX

Lowest Volatility Alternatives to AAETX

AAETX has 7.62% 1-year volatility. There are 201 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.59%.

Symbol	Name	Volatility 1Y	AUM	Inception
TDIFX	Dimensional Retirement Income Fund	3.59%	—	Nov 2015	AAETX vs TDIFX
LTTIX	MFS Lifetime 2025 Fund	4.18%	—	Nov 2012	AAETX vs LTTIX
FIKFX	Fidelity Freedom Index Income Fund Investor Class	4.32%	—	Oct 2009	AAETX vs FIKFX
FRQAX	Fidelity Advisor Managed Retirement 2010 Fund Clas...	4.34%	—	Aug 2007	AAETX vs FRQAX
FFGZX	Fidelity Freedom Index Income Fund Institutional P...	4.34%	—	Oct 2009	AAETX vs FFGZX

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
TDIFX	Dimensional Retirement Income Fund	-2.61%	—	Nov 2015	AAETX vs TDIFX
FIKFX	Fidelity Freedom Index Income Fund Investor Class	-3.32%	—	Oct 2009	AAETX vs FIKFX
FFGZX	Fidelity Freedom Index Income Fund Institutional P...	-3.33%	—	Oct 2009	AAETX vs FFGZX
FRQHX	Fidelity Managed Retirement 2010 Fund Class K6	-3.41%	—	Aug 2019	AAETX vs FRQHX
FRKMX	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, 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	78	8.56%	—	Jul 1975	AAETX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	39	7.93%	—	Jan 1934	AAETX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	36	5.38%	—	Jul 1952	AAETX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	23	6.76%	—	Dec 1973	AAETX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	36	9.53%	—	May 2009	AAETX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	59	12.29%	—	Aug 1978	AAETX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	21	4.50%	—	Mar 1973	AAETX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	23	6.70%	—	Dec 1973	AAETX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	50	5.52%	—	Dec 1973	AAETX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	18	3.42%	—	Jan 1967	AAETX vs AMCPX

Often Compared With AAETX

Investors most often compare AAETX with VTHRX, AAGTX, AGTHX. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VTHRX	Vanguard Target Retirement 2030 Fund	Target Retirement Date, Diversified Portfolio	59	6.50%	115.40B	Jun 2006	AAETX vs VTHRX
AAGTX	American Funds 2040 Target Date Retirement Fund	Target Retirement Date	47	7.49%	—	Jan 2007	AAETX vs AAGTX
AGTHX	American Funds The Growth Fund of America Class A	Large Cap Growth Equities	22	6.60%	—	Dec 1973	AAETX vs AGTHX
AABTX	American Funds 2015 Target Date Retirement Fund	Target Retirement Date	59	3.81%	—	Jan 2007	AAETX vs AABTX
NDARX	American Funds Retirement Income Portfolio - Enhan...	Diversified Portfolio	56	5.81%	—	Aug 2015	AAETX vs NDARX
MSFRX	MFS Total Return Fund	Diversified Portfolio	35	3.08%	—	Oct 1970	AAETX vs MSFRX
IVV	iShares Core S&P 500 ETF	S&P 500	63	8.10%	837.93B	May 2000	AAETX vs IVV
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	Diversified Portfolio, Municipal Bonds	71	4.54%	12.30B	Sep 1994	AAETX vs VTMFX
AAHTX	American Funds 2045 Target Date Retirement Fund	Target Retirement Date	47	8.42%	—	Jan 2007	AAETX vs AAHTX
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	87	18.44%	99.95B	Oct 2011	AAETX vs SCHD
FHATX	Fidelity Freedom Blend 2030 Fund	Target Retirement Date	64	8.02%	—	Aug 2018	AAETX vs FHATX
FDGLX	Fidelity Advisor Freedom 2030 Fund Class Z6	Target Retirement Date	58	7.43%	—	Jun 2017	AAETX vs FDGLX
FFFEX	Fidelity Freedom 2030 Fund	Target Retirement Date	65	8.10%	—	Oct 1996	AAETX vs FFFEX
JSMSX	JPMorgan SmartRetirement 2030 Fund	Target Retirement Date	49	5.31%	—	May 2006	AAETX vs JSMSX
VFIFX	Vanguard Target Retirement 2050 Fund	Target Retirement Date, Diversified Portfolio	59	9.31%	108.60B	Jun 2006	AAETX vs VFIFX
FRQKX	Fidelity Managed Retirement 2010 Fund Class K	Target Retirement Date	78	3.66%	—	Aug 2019	AAETX vs FRQKX
TRRCX	T. Rowe Price Retirement 2030 Fund	Target Retirement Date	17	6.49%	—	Sep 2002	AAETX vs TRRCX
SSFNX	State Street Target Retirement Fund	Target Retirement Date	81	4.60%	—	Sep 2014	AAETX vs SSFNX
VTTVX	Vanguard Target Retirement 2025 Fund	Diversified Portfolio, Target Retirement Date	62	5.56%	76.90B	Oct 2003	AAETX vs VTTVX
PDAHX	Prudential Day One Income Fund	Target Retirement Date	79	4.46%	—	Dec 2016	AAETX vs PDAHX

Compare AAETX with Any Fund or Stock

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

Symbol name

Diversifiers

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

American Funds 2030 Target Date Retirement Fund (AAETX) Alternatives