Dimensional 2030 Target Date Retirement Income Fund (DRIWX) 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 DRIWX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to DRIWX
DRIWX charges 0.20% annually. There are 173 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 2050 Fund | 0.01% | — | Feb 2001 | DRIWX vs PPLIX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | DRIWX vs PLWIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | DRIWX vs PMTIX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | DRIWX vs FCQTX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | DRIWX vs PTDIX |
Best Risk-Adjusted Alternatives to DRIWX
DRIWX has a PortfoliosLab risk / return rank of 30. There are 635 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 | DRIWX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | DRIWX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | DRIWX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | DRIWX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | DRIWX vs URTRX |
Top Performing DRIWX Alternatives (YTD)
DRIWX is at 2.69% YTD. There are 645 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 | DRIWX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | DRIWX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | DRIWX vs FWLSX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | DRIWX vs FQLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | DRIWX vs FDFPX |
Lowest Volatility Alternatives to DRIWX
DRIWX has 7.18% 1-year volatility. There are 144 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 | DRIWX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | DRIWX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | DRIWX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | DRIWX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | DRIWX vs DRIQX |
Lowest Drawdown Alternatives to DRIWX
DRIWX has a 1-year max drawdown of -5.75%. There are 178 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 | DRIWX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | DRIWX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | DRIWX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | DRIWX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | DRIWX 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 DRIWX
Investors most often compare DRIWX with FFFEX, FYTKX, FNSHX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare DRIWX with Any Fund or Stock
Compare DRIWX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair DRIWX with funds that move differently
Dimensional 2030 Target Date Retirement Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to DRIWX.
Explore DRIWX Diversifiers