Dimensional 2020 Target Date Retirement Income Fund (DRIRX) 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 DRIRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DRIRX
DRIRX charges 0.18% annually. There are 159 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | DRIRX vs FCQTX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | DRIRX vs LTRIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | DRIRX vs PMTIX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | DRIRX vs PLTZX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | DRIRX vs PPLIX |
Best Risk-Adjusted Alternatives to DRIRX
DRIRX has a PortfoliosLab risk / return rank of 39. There are 627 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 | DRIRX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | DRIRX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | DRIRX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | DRIRX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | DRIRX vs URTRX |
Top Performing DRIRX Alternatives (YTD)
DRIRX is at 2.60% YTD. There are 646 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 | DRIRX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | DRIRX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | DRIRX vs FWLSX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | DRIRX vs FQLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | DRIRX vs FDFPX |
Lowest Volatility Alternatives to DRIRX
DRIRX has 5.18% 1-year volatility. There are 22 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 | DRIRX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | DRIRX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | DRIRX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | DRIRX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | DRIRX vs DRIQX |
Lowest Drawdown Alternatives to DRIRX
DRIRX has a 1-year max drawdown of -4.09%. There are 49 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 | DRIRX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | DRIRX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | DRIRX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | DRIRX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | DRIRX 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 DRIRX
Investors most often compare DRIRX with LPDIX, FNSFX, FFSZX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare DRIRX with Any Fund or Stock
Compare DRIRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DRIRX with funds that move differently
Dimensional 2020 Target Date Retirement Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DRIRX.
Explore DRIRX Diversifiers