AALTX Alternatives & Similar Mutual Funds

American Funds 2050 Target Date Retirement Fund (AALTX) 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 AALTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to AALTX

AALTX 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
PLTZX	Principal LifeTime 2060 Fund	0.01%	—	Feb 2013	AALTX vs PLTZX
LTFIX	Principal LifeTime 2055 Fund	0.01%	—	Feb 2008	AALTX vs LTFIX
LTRIX	Principal LifeTime 2045 Fund	0.01%	—	Feb 2008	AALTX vs LTRIX
PMTIX	Principal LifeTime 2030 Fund	0.01%	—	Feb 2001	AALTX vs PMTIX
LTIUX	Principal LifeTime 2035 Fund	0.01%	—	Feb 2008	AALTX vs LTIUX

Best Risk-Adjusted Alternatives to AALTX

AALTX 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 89.

Symbol	Name	Risk / Return Rank	AUM	Inception
PADLX	Putnam Retirement Advantage Maturity Fund	89	—	Dec 2019	AALTX vs PADLX
SSFNX	State Street Target Retirement Fund	87	—	Sep 2014	AALTX vs SSFNX
PDAHX	Prudential Day One Income Fund	86	—	Dec 2016	AALTX vs PDAHX
FRAMX	Fidelity Advisor Managed Retirement Income Fund Cl...	85	—	Aug 2007	AALTX vs FRAMX
TDIFX	Dimensional Retirement Income Fund	85	—	Nov 2015	AALTX vs TDIFX

Top Performing AALTX Alternatives (YTD)

AALTX is at 9.94% YTD. There are 278 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
FRAMX	Fidelity Advisor Managed Retirement Income Fund Cl...	1,644,791.35%	—	Aug 2007	AALTX vs FRAMX
FVTKX	Fidelity Freedom 2060 Fund Class K6	13.86%	—	Aug 2014	AALTX vs FVTKX
FWLSX	Fidelity Flex Freedom Blend 2060 Fund	13.84%	—	Jun 2017	AALTX vs FWLSX
FCTKX	Fidelity Freedom 2055 Fund Class K6	13.83%	—	Jun 2011	AALTX vs FCTKX
FFSZX	Fidelity Freedom 2065 Fund Class K6	13.82%	—	Jun 2019	AALTX vs FFSZX

Lowest Volatility Alternatives to AALTX

AALTX has 12.39% 1-year volatility. There are 431 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
TDIFX	Dimensional Retirement Income Fund	3.51%	—	Nov 2015	AALTX vs TDIFX
FRQIX	Fidelity Advisor Managed Retirement 2010 Fund Clas...	4.32%	—	Aug 2007	AALTX vs FRQIX
FRIMX	Fidelity Advisor Managed Retirement Income Fund Cl...	4.32%	—	Aug 2007	AALTX vs FRIMX
FRQAX	Fidelity Advisor Managed Retirement 2010 Fund Clas...	4.33%	—	Aug 2007	AALTX vs FRQAX
FIKFX	Fidelity Freedom Index Income Fund Investor Class	4.38%	—	Oct 2009	AALTX vs FIKFX

Lowest Drawdown Alternatives to AALTX

AALTX has a 1-year max drawdown of -9.45%. There are 524 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	AALTX vs TDIFX
FIKFX	Fidelity Freedom Index Income Fund Investor Class	-3.32%	—	Oct 2009	AALTX vs FIKFX
FFGZX	Fidelity Freedom Index Income Fund Institutional P...	-3.33%	—	Oct 2009	AALTX vs FFGZX
FRQIX	Fidelity Advisor Managed Retirement 2010 Fund Clas...	-3.43%	—	Aug 2007	AALTX vs FRQIX
FRIMX	Fidelity Advisor Managed Retirement Income Fund Cl...	-3.44%	—	Aug 2007	AALTX 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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	80	8.96%	—	Jul 1975	AALTX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	40	10.23%	—	Jan 1934	AALTX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	44	8.02%	—	Jul 1952	AALTX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	23	8.63%	—	Dec 1973	AALTX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	41	10.80%	—	May 2009	AALTX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	61	13.86%	—	Aug 1978	AALTX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	25	6.70%	—	Mar 1973	AALTX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	23	8.56%	—	Dec 1973	AALTX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	65	6.88%	—	Dec 1973	AALTX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	20	6.63%	—	Jan 1967	AALTX vs AMCPX

Often Compared With AALTX

Investors most often compare AALTX with FXAIX, VTI, VOO. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FXAIX	Fidelity 500 Index Fund	S&P 500	69	11.32%	—	Feb 1988	AALTX vs FXAIX
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	66	11.20%	2.30T	May 2001	AALTX vs VTI
VOO	Vanguard S&P 500 ETF	S&P 500	66	10.72%	1.70T	Sep 2010	AALTX vs VOO
PARFX	T. Rowe Price Retirement 2050 Fund	Target Retirement Date	59	11.27%	—	Dec 2006	AALTX vs PARFX
CAIBX	American Funds Capital Income Builder Class A	Diversified Portfolio	77	9.00%	—	Jul 1987	AALTX vs CAIBX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	45	10.82%	—	Nov 1997	AALTX vs FSPSX
FDFIX	Fidelity Flex 500 Index Fund	Large Cap Blend Equities	65	11.11%	—	Mar 2017	AALTX vs FDFIX
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	S&P 500, Large Cap Growth Equities	44	10.85%	52.75B	Sep 2000	AALTX vs SPYG
FHVEX	Fidelity Advisor Freedom Blend 2050 Fund Class Z	Target Retirement Date	67	13.38%	—	Aug 2018	AALTX vs FHVEX
AAHTX	American Funds 2045 Target Date Retirement Fund	Target Retirement Date	50	9.72%	—	Jan 2007	AALTX vs AAHTX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	56	16.03%	—	Dec 1987	AALTX vs FBGRX
ITDF	Ishares Lifepath Target Date 2050 ETF	Target Retirement Date	66	11.02%	84.03M	Oct 2023	AALTX vs ITDF
FWWFX	Fidelity Worldwide Fund	Global Equities	56	19.28%	—	May 1990	AALTX vs FWWFX
AGTHX	American Funds The Growth Fund of America Class A	Large Cap Growth Equities	22	8.45%	—	Dec 1973	AALTX vs AGTHX
QQQ	Invesco QQQ ETF	Nasdaq-100	53	15.19%	481.14B	Mar 1999	AALTX vs QQQ
TQQQ	ProShares UltraPro QQQ	Leveraged Equities	41	34.71%	37.04B	Feb 2010	AALTX vs TQQQ
VTWNX	Vanguard Target Retirement 2020 Fund	Target Retirement Date, Diversified Portfolio	71	4.63%	34.70B	Jun 2006	AALTX vs VTWNX
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	54	15.22%	100.59B	Oct 2020	AALTX vs QQQM
SPY	State Street SPDR S&P 500 ETF	S&P 500	65	10.67%	783.21B	Jan 1993	AALTX vs SPY
FRHMX	Fidelity Managed Retirement Income Fund Class K6	Target Retirement Date	—	—	—	Aug 2019	AALTX vs FRHMX

Compare AALTX with Any Fund or Stock

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

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Diversifiers

Pair AALTX with funds that move differently

American Funds 2050 Target Date Retirement Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AALTX.

Explore AALTX Diversifiers

American Funds 2050 Target Date Retirement Fund (AALTX) Alternatives