American Funds 2045 Target Date Retirement Fund (AAHTX) 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 AAHTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AAHTX
AAHTX 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 | AAHTX vs JIEHX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | AAHTX vs LTRIX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | AAHTX vs PPLIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | AAHTX vs LTIUX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | AAHTX vs PLTZX |
Best Risk-Adjusted Alternatives to AAHTX
AAHTX has a PortfoliosLab risk / return rank of 57. There are 554 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 | AAHTX vs PADLX | |
| State Street Target Retirement Fund | 88 | — | Sep 2014 | AAHTX vs SSFNX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | AAHTX vs PDAHX | |
| State Street Target Retirement 2025 Fund | 85 | — | Sep 2014 | AAHTX vs SSBRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 83 | — | Nov 2015 | AAHTX vs DRILX |
Top Performing AAHTX Alternatives (YTD)
AAHTX is at 10.14% YTD. There are 288 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 | AAHTX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 14.11% | — | Jun 2019 | AAHTX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 14.07% | — | Jun 2017 | AAHTX vs FQLSX | |
| Fidelity Freedom Blend 2055 Fund Class K6 | 14.04% | — | Aug 2018 | AAHTX vs FHDDX | |
| Fidelity Freedom Blend 2065 Fund Class K6 | 14.03% | — | Jun 2019 | AAHTX vs FFBQX |
Lowest Volatility Alternatives to AAHTX
AAHTX has 11.18% 1-year volatility. There are 417 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 | AAHTX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 3.98% | — | Oct 2009 | AAHTX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.01% | — | Oct 2009 | AAHTX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 4.14% | — | Aug 2019 | AAHTX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | 4.15% | — | Aug 2019 | AAHTX vs FRKMX |
Lowest Drawdown Alternatives to AAHTX
AAHTX has a 1-year max drawdown of -9.20%. There are 511 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 | AAHTX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | AAHTX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | AAHTX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | AAHTX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | AAHTX 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 AAHTX
Investors most often compare AAHTX with VOO, TRRKX, VTI. These 19 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare AAHTX with Any Fund or Stock
Compare AAHTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AAHTX with funds that move differently
American Funds 2045 Target Date Retirement Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AAHTX.
Explore AAHTX Diversifiers