Voya Target Retirement 2030 Fund (IRSMX) 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 IRSMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IRSMX
IRSMX charges 0.23% annually. There are 204 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 | IRSMX vs FCQTX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | IRSMX vs LTRIX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | IRSMX vs LTFIX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | IRSMX vs PTDIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | IRSMX vs LTIUX |
Best Risk-Adjusted Alternatives to IRSMX
IRSMX has a PortfoliosLab risk / return rank of 74. There are 20 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 | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 86 | — | Dec 2019 | IRSMX vs PADLX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | IRSMX vs FRAMX | |
| State Street Target Retirement Fund | 84 | — | Sep 2014 | IRSMX vs SSFNX | |
| Prudential Day One Income Fund | 83 | — | Dec 2016 | IRSMX vs PDAHX | |
| USAA Target Retirement Income Fund | 82 | — | Jul 2008 | IRSMX vs URINX |
Top Performing IRSMX Alternatives (YTD)
IRSMX is at 7.49% YTD. There are 384 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 1,644,791.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | IRSMX vs FRAMX | |
| USAA Target Retirement 2060 Fund | 13.16% | — | Jul 2013 | IRSMX vs URSIX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.96% | — | Jun 2017 | IRSMX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.92% | — | Jun 2019 | IRSMX vs FDFPX | |
| Fidelity Freedom 2065 Fund Class K6 | 12.91% | — | Jun 2019 | IRSMX vs FFSZX |
Lowest Volatility Alternatives to IRSMX
IRSMX has 8.95% 1-year volatility. There are 242 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.50% | — | Nov 2015 | IRSMX vs TDIFX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | IRSMX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | IRSMX vs FRQIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | IRSMX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.38% | — | Oct 2009 | IRSMX vs FIKFX |
Lowest Drawdown Alternatives to IRSMX
IRSMX has a 1-year max drawdown of -6.59%. There are 240 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 | IRSMX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | IRSMX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | IRSMX vs FFGZX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | -3.43% | — | Aug 2007 | IRSMX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | -3.44% | — | Aug 2007 | IRSMX vs FRIMX |
Other Mutual Funds from Voya
The 10 most viewed Voya mutual funds shown here include LEXCX, IRLNX, IEDAX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | Large Cap Value Equities | 88 | 28.71% | — | Nov 1935 | IRSMX vs LEXCX | |
| Voya Russell Large Cap Growth Index Portfolio | Large Cap Growth Equities | 14 | 3.19% | — | May 2009 | IRSMX vs IRLNX | |
| Voya Large Cap Value Fund | Large Cap Value Equities | 42 | 10.55% | — | Dec 2007 | IRSMX vs IEDAX | |
| Voya Intermediate Bond Fund | Intermediate Core-Plus Bond | 16 | 0.10% | — | Dec 1998 | IRSMX vs IIBAX | |
| Voya International High Dividend Low Volatility Po... | Foreign Large Cap Equities | 70 | 10.91% | — | Jan 2006 | IRSMX vs IFTIX | |
| Voya Russell Large Cap Index Portfolio | Large Cap Blend Equities | 52 | 9.51% | — | Mar 2008 | IRSMX vs IIRLX | |
| Voya Emerging Markets Corporate Debt Fund | Emerging Markets Bonds | — | — | — | Aug 2012 | IRSMX vs IMCDX | |
| Voya Russell Large Cap Value Index Portfolio | Large Cap Value Equities | 94 | 19.33% | — | May 2009 | IRSMX vs IRVIX | |
| Atlas U.S. Tactical Income Fund | Diversified Portfolio | 45 | 1.53% | — | Sep 2015 | IRSMX vs ATLAX | |
| Voya High Yield Portfolio | High Yield Bonds | 48 | 1.29% | — | May 2004 | IRSMX vs IPHYX |
Often Compared With IRSMX
Investors most often compare IRSMX with JRTVX, VYMSX, FRQHX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare IRSMX with Any Fund or Stock
Compare IRSMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IRSMX with funds that move differently
Voya Target Retirement 2030 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IRSMX.
Explore IRSMX Diversifiers