Dimensional 2045 Target Date Retirement Income Fund (DRIIX) 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 DRIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DRIIX
DRIIX charges 0.22% annually. There are 189 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | DRIIX vs LTFIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | DRIIX vs LTRIX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | DRIIX vs LTSTX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | DRIIX vs PPLIX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | DRIIX vs PLWIX |
Best Risk-Adjusted Alternatives to DRIIX
DRIIX has a PortfoliosLab risk / return rank of 74. There are 28 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 86 | — | Sep 2014 | DRIIX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | DRIIX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | DRIIX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | DRIIX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | DRIIX vs URTRX |
Top Performing DRIIX Alternatives (YTD)
DRIIX is at 8.55% YTD. There are 299 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 13.54% | — | Jul 2013 | DRIIX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | DRIIX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | DRIIX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | DRIIX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | DRIIX vs FQLSX |
Lowest Volatility Alternatives to DRIIX
DRIIX has 9.77% 1-year volatility. There are 264 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 | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.51% | — | Nov 2015 | DRIIX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | DRIIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | DRIIX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | DRIIX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | DRIIX vs DRIQX |
Lowest Drawdown Alternatives to DRIIX
DRIIX has a 1-year max drawdown of -7.13%. There are 275 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 | DRIIX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | DRIIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | DRIIX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | DRIIX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | DRIIX vs PRMYX |
Other Mutual Funds from Dimensional
The 10 most viewed Dimensional mutual funds shown here include DFSVX, DFIVX, DGEIX and span 7 categories. AUM among these funds goes as high as $43B.
Often Compared With DRIIX
Investors most often compare DRIIX with DUSLX, VTIVX, FRKMX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare DRIIX with Any Fund or Stock
Compare DRIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DRIIX with funds that move differently
Dimensional 2045 Target Date Retirement Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DRIIX.
Explore DRIIX Diversifiers