American Funds College 2039 Fund (CDJAX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CDJAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CDJAX
CDJAX charges 0.48% annually. There are 181 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | CDJAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | CDJAX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 64.10B | Dec 2000 | CDJAX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | CDJAX vs TSAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | CDJAX vs FYMIX |
Best Risk-Adjusted Alternatives to CDJAX
CDJAX has a PortfoliosLab risk / return rank of 42. There are 412 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | CDJAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 97 | — | Dec 2002 | CDJAX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | CDJAX vs NWQIX | |
| Federated Hermes Municipal and Stock Advantage Fun... | 93 | — | Sep 2003 | CDJAX vs FMUAX | |
| Pioneer Balanced ESG Fund | 93 | — | Dec 1991 | CDJAX vs AYBLX |
Top Performing CDJAX Alternatives (YTD)
CDJAX is at 7.97% YTD. There are 179 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 28.46%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 28.46% | — | Jan 1998 | CDJAX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | CDJAX vs IOEZX | |
| Greenspring Fund | 19.54% | — | Jun 1983 | CDJAX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 18.72% | — | Aug 1998 | CDJAX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 16.42% | — | Dec 2002 | CDJAX vs TIBIX |
Lowest Volatility Alternatives to CDJAX
CDJAX has 11.23% 1-year volatility. There are 440 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | CDJAX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.80% | — | Nov 2003 | CDJAX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.87% | — | Apr 2012 | CDJAX vs SCLAX | |
| Ave Maria Bond Fund | 2.97% | — | Apr 2003 | CDJAX vs AVEFX | |
| American Funds College 2027 Fund | 3.09% | — | Sep 2012 | CDJAX vs CSTAX |
Lowest Drawdown Alternatives to CDJAX
CDJAX has a 1-year max drawdown of -8.44%. There are 459 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | CDJAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | CDJAX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | CDJAX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | CDJAX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | CDJAX vs CSTAX |
Other Mutual Funds from American Funds
The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.
Often Compared With CDJAX
Investors most often compare CDJAX with BLNDX, BWBIX, FIQDX. These 14 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare CDJAX with Any Fund or Stock
Compare CDJAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CDJAX with funds that move differently
American Funds College 2039 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CDJAX.
Explore CDJAX Diversifiers