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
JLKYX	John Hancock Funds Multi-Index 2055 Lifetime Portf...	0.01%	—	Mar 2014	AALTX vs JLKYX
LTFIX	Principal LifeTime 2055 Fund	0.01%	—	Feb 2008	AALTX vs LTFIX
LTIUX	Principal LifeTime 2035 Fund	0.01%	—	Feb 2008	AALTX vs LTIUX
PMTIX	Principal LifeTime 2030 Fund	0.01%	—	Feb 2001	AALTX vs PMTIX
LTRIX	Principal LifeTime 2045 Fund	0.01%	—	Feb 2008	AALTX vs LTRIX

Best Risk-Adjusted Alternatives to AALTX

AALTX has a PortfoliosLab risk / return rank of 45. There are 618 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
FIRVX	Fidelity Managed Retirement 2020 Fund	85	—	Dec 2007	AALTX vs FIRVX
PADLX	Putnam Retirement Advantage Maturity Fund	85	—	Dec 2019	AALTX vs PADLX
FRKMX	Fidelity Managed Retirement Income Fund Class K	84	—	Aug 2019	AALTX vs FRKMX
FRAMX	Fidelity Advisor Managed Retirement Income Fund Cl...	84	—	Aug 2007	AALTX vs FRAMX
FRHMX	Fidelity Managed Retirement Income Fund Class K6	84	—	Aug 2019	AALTX vs FRHMX

Top Performing AALTX Alternatives (YTD)

AALTX is at 8.54% YTD. There are 276 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	AALTX vs FRKMX
FRAMX	Fidelity Advisor Managed Retirement Income Fund Cl...	1,644,791.35%	—	Aug 2007	AALTX vs FRAMX
FRHMX	Fidelity Managed Retirement Income Fund Class K6	1,464,383.96%	—	Aug 2019	AALTX vs FRHMX
FIRVX	Fidelity Managed Retirement 2020 Fund	1,440,933.92%	—	Dec 2007	AALTX vs FIRVX
FFSZX	Fidelity Freedom 2065 Fund Class K6	12.19%	—	Jun 2019	AALTX vs FFSZX

Lowest Volatility Alternatives to AALTX

AALTX has 12.34% 1-year volatility. There are 451 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	AALTX vs TDIFX
LTTIX	MFS Lifetime 2025 Fund	4.18%	—	Nov 2012	AALTX vs LTTIX
FIKFX	Fidelity Freedom Index Income Fund Investor Class	4.32%	—	Oct 2009	AALTX vs FIKFX
FFGZX	Fidelity Freedom Index Income Fund Institutional P...	4.34%	—	Oct 2009	AALTX vs FFGZX
FRIMX	Fidelity Advisor Managed Retirement Income Fund Cl...	4.35%	—	Aug 2007	AALTX vs FRIMX

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
FRQKX	Fidelity Managed Retirement 2010 Fund Class K	-3.42%	—	Aug 2019	AALTX vs FRQKX

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	74	8.29%	—	Jul 1975	AALTX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	38	7.66%	—	Jan 1934	AALTX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	34	5.17%	—	Jul 1952	AALTX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	23	6.52%	—	Dec 1973	AALTX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	38	10.30%	—	May 2009	AALTX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	56	12.28%	—	Aug 1978	AALTX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	21	4.43%	—	Mar 1973	AALTX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	23	6.45%	—	Dec 1973	AALTX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	47	5.75%	—	Dec 1973	AALTX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	17	2.91%	—	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	52	8.21%	—	Feb 1988	AALTX vs FXAIX
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	60	8.80%	2.30T	May 2001	AALTX vs VTI
VOO	Vanguard S&P 500 ETF	S&P 500	60	8.08%	1.70T	Sep 2010	AALTX vs VOO
PARFX	T. Rowe Price Retirement 2050 Fund	Target Retirement Date	45	9.06%	—	Dec 2006	AALTX vs PARFX
CAIBX	American Funds Capital Income Builder Class A	Diversified Portfolio	59	7.29%	—	Jul 1987	AALTX vs CAIBX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	31	8.45%	—	Nov 1997	AALTX vs FSPSX
SPYG	State Street SPDR Portfolio S&P 500 Growth ETF	S&P 500, Large Cap Growth Equities	44	8.49%	52.13B	Sep 2000	AALTX vs SPYG
FDFIX	Fidelity Flex 500 Index Fund	Large Cap Blend Equities	49	8.05%	—	Mar 2017	AALTX vs FDFIX
FHVEX	Fidelity Advisor Freedom Blend 2050 Fund Class Z	Target Retirement Date	69	11.69%	—	Aug 2018	AALTX vs FHVEX
AAHTX	American Funds 2045 Target Date Retirement Fund	Target Retirement Date	45	8.34%	—	Jan 2007	AALTX vs AAHTX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	54	13.83%	—	Dec 1987	AALTX vs FBGRX
AGTHX	American Funds The Growth Fund of America Class A	Large Cap Growth Equities	22	6.36%	—	Dec 1973	AALTX vs AGTHX
ITDF	Ishares Lifepath Target Date 2050 ETF	Target Retirement Date	62	9.76%	79.01M	Oct 2023	AALTX vs ITDF
QQQ	Invesco QQQ ETF	Nasdaq-100	59	15.95%	493.17B	Mar 1999	AALTX vs QQQ
TQQQ	ProShares UltraPro QQQ	Leveraged Equities	51	39.27%	39.74B	Feb 2010	AALTX vs TQQQ
FWWFX	Fidelity Worldwide Fund	Global Equities	63	20.39%	—	May 1990	AALTX vs FWWFX
VTWNX	Vanguard Target Retirement 2020 Fund	Target Retirement Date, Diversified Portfolio	56	4.04%	34.70B	Jun 2006	AALTX vs VTWNX
SPY	State Street SPDR S&P 500 ETF	S&P 500	60	8.10%	765.27B	Jan 1993	AALTX vs SPY
QQQM	Invesco NASDAQ 100 ETF	Nasdaq-100	60	15.99%	101.29B	Oct 2020	AALTX vs QQQM
PDAHX	Prudential Day One Income Fund	Target Retirement Date	72	4.27%	—	Dec 2016	AALTX vs PDAHX

Compare AALTX with Any Fund or Stock

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

Symbol name

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