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
JIEHX	John Hancock Funds Multi-Index 2060 Lifetime Portf...	0.01%	—	Mar 2016	AALTX vs JIEHX
LTRIX	Principal LifeTime 2045 Fund	0.01%	—	Feb 2008	AALTX vs LTRIX
PPLIX	Principal LifeTime 2050 Fund	0.01%	—	Feb 2001	AALTX vs PPLIX
LTIUX	Principal LifeTime 2035 Fund	0.01%	—	Feb 2008	AALTX vs LTIUX
PLTZX	Principal LifeTime 2060 Fund	0.01%	—	Feb 2013	AALTX vs PLTZX

Best Risk-Adjusted Alternatives to AALTX

AALTX has a PortfoliosLab risk / return rank of 56. There are 571 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	88	—	Sep 2014	AALTX vs SSFNX
PDAHX	Prudential Day One Income Fund	85	—	Dec 2016	AALTX vs PDAHX
SSBRX	State Street Target Retirement 2025 Fund	85	—	Sep 2014	AALTX vs SSBRX
DRILX	Dimensional 2060 Target Date Retirement Income Fun...	83	—	Nov 2015	AALTX vs DRILX

Top Performing AALTX Alternatives (YTD)

AALTX is at 10.40% YTD. There are 274 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 14.17%.

Symbol	Name	YTD Return	AUM	Inception
FWLSX	Fidelity Flex Freedom Blend 2060 Fund	14.17%	—	Jun 2017	AALTX vs FWLSX
FDFPX	Fidelity Flex Freedom Blend 2065 Fund	14.11%	—	Jun 2019	AALTX vs FDFPX
FQLSX	Fidelity Flex Freedom Blend 2055 Fund	14.07%	—	Jun 2017	AALTX vs FQLSX
FHDDX	Fidelity Freedom Blend 2055 Fund Class K6	14.04%	—	Aug 2018	AALTX vs FHDDX
FFBQX	Fidelity Freedom Blend 2065 Fund Class K6	14.03%	—	Jun 2019	AALTX vs FFBQX

Lowest Volatility Alternatives to AALTX

AALTX has 11.50% 1-year volatility. There are 460 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
TDIFX	Dimensional Retirement Income Fund	3.33%	—	Nov 2015	AALTX vs TDIFX
FIKFX	Fidelity Freedom Index Income Fund Investor Class	3.98%	—	Oct 2009	AALTX vs FIKFX
FFGZX	Fidelity Freedom Index Income Fund Institutional P...	4.01%	—	Oct 2009	AALTX vs FFGZX
FRQHX	Fidelity Managed Retirement 2010 Fund Class K6	4.14%	—	Aug 2019	AALTX vs FRQHX
FRKMX	Fidelity Managed Retirement Income Fund Class K	4.15%	—	Aug 2019	AALTX vs FRKMX

Lowest Drawdown Alternatives to AALTX

AALTX has a 1-year max drawdown of -9.45%. There are 542 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
FRQHX	Fidelity Managed Retirement 2010 Fund Class K6	-3.41%	—	Aug 2019	AALTX vs FRQHX
FRKMX	Fidelity Managed Retirement Income Fund Class K	-3.42%	—	Aug 2019	AALTX 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.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	85	9.98%	—	Jul 1975	AALTX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	55	10.91%	—	Jan 1934	AALTX vs AIVSX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	35	10.24%	—	Dec 1973	AALTX vs RGAGX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	38	5.89%	—	Jul 1952	AALTX vs AWSHX
RERGX	American Funds EuroPacific Growth Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities	40	12.33%	—	—	AALTX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities	75	15.14%	—	Jan 1978	AALTX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Large Cap Growth Equities, Global Equities	29	7.38%	—	Mar 1973	AALTX vs ANWPX
GFFFX	American Funds The Growth Fund of America	Large Cap Growth Equities	34	10.19%	—	Dec 1973	AALTX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	53	6.34%	—	Dec 1973	AALTX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	27	6.34%	—	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	73	11.71%	—	Feb 1988	AALTX vs FXAIX
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	68	11.20%	2.20T	May 2001	AALTX vs VTI
VOO	Vanguard S&P 500 ETF	S&P 500	70	10.91%	1.60T	Sep 2010	AALTX vs VOO
PARFX	T. Rowe Price Retirement 2050 Fund	Target Retirement Date	55	11.60%	—	Dec 2006	AALTX vs PARFX
CAIBX	American Funds Capital Income Builder Class A	Diversified Portfolio	60	7.79%	—	Jul 1987	AALTX vs CAIBX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	27	9.51%	—	Nov 1997	AALTX vs FSPSX
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	S&P 500, Large Cap Growth Equities	57	13.75%	53.61B	Sep 2000	AALTX vs SPYG
FDFIX	Fidelity Flex 500 Index Fund	Large Cap Blend Equities	70	11.53%	—	Mar 2017	AALTX vs FDFIX
FHVEX	Fidelity Advisor Freedom Blend 2050 Fund Class Z	Target Retirement Date	71	13.72%	—	Aug 2018	AALTX vs FHVEX
AAHTX	American Funds 2045 Target Date Retirement Fund	Target Retirement Date	57	10.14%	—	Jan 2007	AALTX vs AAHTX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	75	18.56%	—	Dec 1987	AALTX vs FBGRX
AGTHX	American Funds The Growth Fund of America Class A	Large Cap Growth Equities	34	10.09%	—	Dec 1973	AALTX vs AGTHX
ITDF	Ishares Lifepath Target Date 2050 ETF	Target Retirement Date	67	11.50%	76.39M	Oct 2023	AALTX vs ITDF
QQQ	Invesco QQQ ETF	Nasdaq-100	73	21.30%	493.99B	Mar 1999	AALTX vs QQQ
TQQQ	ProShares UltraPro QQQ	Leveraged Equities	71	64.46%	39.77B	Feb 2010	AALTX vs TQQQ
VTWNX	Vanguard Target Retirement 2020 Fund	Target Retirement Date, Diversified Portfolio	72	5.10%	34.60B	Jun 2006	AALTX vs VTWNX
FWWFX	Fidelity Worldwide Fund	Global Equities	69	20.80%	—	May 1990	AALTX vs FWWFX
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	AALTX vs SPY
LTFIX	Principal LifeTime 2055 Fund	Target Retirement Date	49	9.67%	—	Feb 2008	AALTX vs LTFIX
FRHMX	Fidelity Managed Retirement Income Fund Class K6	Target Retirement Date	75	4.14%	—	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