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 | |
|---|---|---|---|---|---|
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | IRSMX vs LTFIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | IRSMX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | IRSMX vs PMTIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | IRSMX vs LTRIX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | IRSMX vs FCQTX |
Best Risk-Adjusted Alternatives to IRSMX
IRSMX has a PortfoliosLab risk / return rank of 76. There are 6 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement 2020 Fund | 85 | — | Dec 2007 | IRSMX vs FIRVX | |
| Putnam Retirement Advantage Maturity Fund | 85 | — | Dec 2019 | IRSMX vs PADLX | |
| Fidelity Managed Retirement Income Fund Class K | 84 | — | Aug 2019 | IRSMX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 84 | — | Aug 2007 | IRSMX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | — | Aug 2019 | IRSMX vs FRHMX |
Top Performing IRSMX Alternatives (YTD)
IRSMX is at 6.85% YTD. There are 383 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 15,640,638.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement Income Fund Class K | 15,640,638.04% | — | Aug 2019 | IRSMX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | IRSMX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | IRSMX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | IRSMX vs FIRVX | |
| Fidelity Freedom 2065 Fund Class K6 | 12.19% | — | Jun 2019 | IRSMX vs FFSZX |
Lowest Volatility Alternatives to IRSMX
IRSMX has 8.92% 1-year volatility. There are 260 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.59%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.59% | — | Nov 2015 | IRSMX vs TDIFX | |
| MFS Lifetime 2025 Fund | 4.18% | — | Nov 2012 | IRSMX vs LTTIX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.32% | — | Oct 2009 | IRSMX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.34% | — | Oct 2009 | IRSMX vs FFGZX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.35% | — | Aug 2007 | IRSMX vs FRIMX |
Lowest Drawdown Alternatives to IRSMX
IRSMX has a 1-year max drawdown of -6.59%. There are 261 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 Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | IRSMX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | IRSMX vs FRKMX |
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 | 42 | 16.10% | — | Nov 1935 | IRSMX vs LEXCX | |
| Voya Russell Large Cap Growth Index Portfolio | Large Cap Growth Equities | 21 | 1.99% | — | May 2009 | IRSMX vs IRLNX | |
| Voya Large Cap Value Fund | Large Cap Value Equities | 36 | 9.72% | — | Dec 2007 | IRSMX vs IEDAX | |
| Voya Intermediate Bond Fund | Intermediate Core-Plus Bond | 14 | 0.30% | — | Dec 1998 | IRSMX vs IIBAX | |
| Atlas U.S. Tactical Income Fund | Diversified Portfolio | 35 | 0.19% | — | Sep 2015 | IRSMX vs ATLAX | |
| Voya International High Dividend Low Volatility Po... | Foreign Large Cap Equities | 42 | 6.53% | — | Jan 2006 | IRSMX vs IFTIX | |
| Voya Emerging Markets Corporate Debt Fund | Emerging Markets Bonds | — | — | — | Aug 2012 | IRSMX vs IMCDX | |
| Voya Russell Large Cap Index Portfolio | Large Cap Blend Equities | 53 | 6.95% | — | Mar 2008 | IRSMX vs IIRLX | |
| Voya Russell Large Cap Value Index Portfolio | Large Cap Value Equities | 91 | 15.11% | — | May 2009 | IRSMX vs IRVIX | |
| Voya High Yield Portfolio | High Yield Bonds | 41 | 0.94% | — | May 2004 | IRSMX vs IPHYX |
Often Compared With IRSMX
Investors most often compare IRSMX with VYMSX, FFSFX, FDEEX. 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