AAGTX Alternatives & Similar Mutual Funds

American Funds 2040 Target Date Retirement Fund Class A (AAGTX) 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 AAGTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to AAGTX

AAGTX charges 0.68% annually. There are 516 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
PMTIX	Principal LifeTime 2030 Fund	0.01%	—	Feb 2001	AAGTX vs PMTIX
PPLIX	Principal LifeTime 2050 Fund	0.01%	—	Feb 2001	AAGTX vs PPLIX
JLKYX	John Hancock Funds Multi-Index 2055 Lifetime Portf...	0.01%	—	Mar 2014	AAGTX vs JLKYX
PLTZX	Principal LifeTime 2060 Fund	0.01%	—	Feb 2013	AAGTX vs PLTZX
LTIUX	Principal LifeTime 2035 Fund	0.01%	—	Feb 2008	AAGTX vs LTIUX

Best Risk-Adjusted Alternatives to AAGTX

AAGTX has a PortfoliosLab risk / return rank of 61. There are 444 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 87.

Symbol	Name	Risk / Return Rank	AUM	Inception
SSFNX	State Street Target Retirement Fund	87	—	Sep 2014	AAGTX vs SSFNX
URFRX	USAA Target Retirement 2040 Fund	86	—	Jul 2008	AAGTX vs URFRX
URINX	USAA Target Retirement Income Fund	86	—	Jul 2008	AAGTX vs URINX
URFFX	USAA Target Retirement 2050 Fund	86	—	Jul 2008	AAGTX vs URFFX
SSBRX	State Street Target Retirement 2025 Fund	86	—	Sep 2014	AAGTX vs SSBRX

Top Performing AAGTX Alternatives (YTD)

AAGTX is at 8.84% YTD. There are 353 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 14.49%.

Symbol	Name	YTD Return	AUM	Inception
URSIX	USAA Target Retirement 2060 Fund	14.49%	—	Jul 2013	AAGTX vs URSIX
FWLSX	Fidelity Flex Freedom Blend 2060 Fund	14.31%	—	Jun 2017	AAGTX vs FWLSX
FDFPX	Fidelity Flex Freedom Blend 2065 Fund	14.25%	—	Jun 2019	AAGTX vs FDFPX
FFSZX	Fidelity Freedom 2065 Fund Class K6	14.22%	—	Jun 2019	AAGTX vs FFSZX
FVTKX	Fidelity Freedom 2060 Fund Class K6	14.22%	—	Aug 2014	AAGTX vs FVTKX

Lowest Volatility Alternatives to AAGTX

AAGTX has 11.14% 1-year volatility. There are 339 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	AAGTX vs TDIFX
FIKFX	Fidelity Freedom Index Retirement Fund Investor Cl...	4.45%	—	Oct 2009	AAGTX vs FIKFX
FFGZX	Fidelity Freedom Index Income Fund Institutional P...	4.47%	—	Oct 2009	AAGTX vs FFGZX
DRIQX	Dimensional 2015 Target Date Retirement Income Fun...	4.51%	—	Nov 2015	AAGTX vs DRIQX
MLLIX	MFS Lifetime Income Fund	4.52%	—	Sep 2005	AAGTX vs MLLIX

Lowest Drawdown Alternatives to AAGTX

AAGTX has a 1-year max drawdown of -8.42%. There are 372 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	AAGTX vs TDIFX
FIKFX	Fidelity Freedom Index Retirement Fund Investor Cl...	-3.32%	—	Oct 2009	AAGTX vs FIKFX
FFGZX	Fidelity Freedom Index Income Fund Institutional P...	-3.33%	—	Oct 2009	AAGTX vs FFGZX
DRIQX	Dimensional 2015 Target Date Retirement Income Fun...	-3.47%	—	Nov 2015	AAGTX vs DRIQX
PRMYX	Putnam RetirementReady Maturity Fund	-3.50%	—	Oct 2004	AAGTX 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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	82	9.07%	—	Jul 1975	AAGTX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	54	11.56%	—	Jan 1934	AAGTX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	67	9.80%	—	Jul 1952	AAGTX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	26	7.56%	—	Dec 1973	AAGTX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	48	10.14%	—	May 2009	AAGTX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	74	14.46%	—	Aug 1978	AAGTX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	28	5.57%	—	Mar 1973	AAGTX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	26	7.49%	—	Dec 1973	AAGTX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	82	8.47%	—	Dec 1973	AAGTX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	26	6.84%	—	Jan 1967	AAGTX vs AMCPX

Often Compared With AAGTX

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VFORX	Vanguard Target Retirement 2040 Fund	Target Retirement Date, Diversified Portfolio	75	9.49%	119.60B	Jun 2006	AAGTX vs VFORX
AAETX	American Funds 2030 Target Date Retirement Fund Cl...	Target Retirement Date	62	6.00%	—	Feb 2007	AAGTX vs AAETX
FXAIX	Fidelity 500 Index Fund	S&P 500	75	11.76%	—	Feb 1988	AAGTX vs FXAIX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	Diversified Portfolio, Municipal Bonds	77	5.51%	12.30B	Sep 1994	AAGTX vs VTMFX
DRIHX	Dimensional 2040 Target Date Retirement Income Fun...	Target Retirement Date	57	7.01%	202.29M	Nov 2015	AAGTX vs DRIHX
SWPPX	Schwab S&P 500 Index Fund	Large Cap Blend Equities, S&P 500	75	11.74%	144.34B	May 1997	AAGTX vs SWPPX
VTTHX	Vanguard Target Retirement 2035 Fund	Target Retirement Date, Diversified Portfolio	73	8.51%	129.30B	Oct 2003	AAGTX vs VTTHX
SWYGX	Schwab Target 2040 Index Fund	Target Retirement Date	77	10.18%	1.81B	Aug 2016	AAGTX vs SWYGX
VOO	Vanguard S&P 500 ETF	S&P 500	72	13.74%	1.70T	Sep 2010	AAGTX vs VOO
BLPAX	American Funds Moderate Growth and Income Portfoli...	Diversified Portfolio	66	7.57%	—	May 2012	AAGTX vs BLPAX
TRRDX	T. Rowe Price Retirement 2040 Fund	Target Retirement Date	43	10.87%	—	Sep 2002	AAGTX vs TRRDX
FSNVX	Fidelity Freedom 2040 Fund Class K	Target Retirement Date	76	12.13%	—	Jul 2017	AAGTX vs FSNVX
FBIFX	Fidelity Freedom Index 2040 Fund Investor Class	Target Retirement Date	75	10.23%	—	Oct 2009	AAGTX vs FBIFX
AGTHX	American Funds The Growth Fund of America Class A	Large Cap Growth Equities	25	7.37%	—	Dec 1973	AAGTX vs AGTHX
FCNTX	Fidelity Contrafund	Large Cap Growth Equities	33	9.08%	176.32B	May 1967	AAGTX vs FCNTX
RLBGX	American Funds American Balanced Fund Class R-6	Diversified Portfolio	83	9.25%	—	Jul 1975	AAGTX vs RLBGX
FFFFX	Fidelity Freedom 2040 Fund	Target Retirement Date	77	12.13%	—	Sep 2000	AAGTX vs FFFFX
VTWNX	Vanguard Target Retirement 2020 Fund	Target Retirement Date, Diversified Portfolio	68	4.52%	34.20B	Jun 2006	AAGTX vs VTWNX
PDAHX	Prudential Day One Income Fund	Target Retirement Date	85	5.23%	—	Dec 2016	AAGTX vs PDAHX
FLCNX	Fidelity Contrafund K6	Large Cap Growth Equities	31	8.82%	—	May 2017	AAGTX vs FLCNX

Compare AAGTX with Any Fund or Stock

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

Symbol name

Diversifiers

Pair AAGTX with funds that move differently

American Funds 2040 Target Date Retirement Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AAGTX.

Explore AAGTX Diversifiers

American Funds 2040 Target Date Retirement Fund Class A (AAGTX) Alternatives