Voya Target Retirement 2040 Fund (IRSOX) 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 IRSOX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IRSOX
IRSOX charges 0.23% annually. There are 206 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 2060 Fund | 0.01% | — | Feb 2013 | IRSOX vs PLTZX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | IRSOX vs JIEHX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | IRSOX vs PLWIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | IRSOX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | IRSOX vs PMTIX |
Best Risk-Adjusted Alternatives to IRSOX
IRSOX has a PortfoliosLab risk / return rank of 75. There are 23 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 | IRSOX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | IRSOX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | IRSOX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | IRSOX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | IRSOX vs URTRX |
Top Performing IRSOX Alternatives (YTD)
IRSOX is at 9.53% YTD. There are 251 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 | IRSOX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | IRSOX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | IRSOX vs FWLSX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | IRSOX vs FQLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | IRSOX vs FDFPX |
Lowest Volatility Alternatives to IRSOX
IRSOX has 11.83% 1-year volatility. There are 373 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 | IRSOX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | IRSOX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | IRSOX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | IRSOX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | IRSOX vs DRIQX |
Lowest Drawdown Alternatives to IRSOX
IRSOX has a 1-year max drawdown of -8.38%. There are 368 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 | IRSOX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | IRSOX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | IRSOX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | IRSOX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | IRSOX vs PRMYX |
Other Mutual Funds from Voya
The 10 most viewed Voya mutual funds shown here include LEXCX, IRLNX, IEDAX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Voya Corporate Leaders Trust Fund | Large Cap Value Equities | 93 | 29.09% | — | Nov 1935 | IRSOX vs LEXCX | |
| Voya Russell Large Cap Growth Index Portfolio | Large Cap Growth Equities | 12 | -0.43% | — | May 2009 | IRSOX vs IRLNX | |
| Voya Large Cap Value Fund | Large Cap Value Equities | 57 | 11.24% | — | Dec 2007 | IRSOX vs IEDAX | |
| Voya Intermediate Bond Fund | Intermediate Core-Plus Bond | 14 | -0.71% | — | Dec 1998 | IRSOX vs IIBAX | |
| Voya Russell Large Cap Index Portfolio | Large Cap Blend Equities | 51 | 7.81% | — | Mar 2008 | IRSOX vs IIRLX | |
| Voya Emerging Markets Corporate Debt Fund | Emerging Markets Bonds | — | — | — | Aug 2012 | IRSOX vs IMCDX | |
| Atlas U.S. Tactical Income Fund | Diversified Portfolio | 33 | 0.37% | — | Sep 2015 | IRSOX vs ATLAX | |
| Voya Russell Large Cap Value Index Portfolio | Large Cap Value Equities | 96 | 19.97% | — | May 2009 | IRSOX vs IRVIX | |
| Voya International High Dividend Low Volatility Po... | Foreign Large Cap Equities, Low Volatility | 89 | 15.40% | — | Jan 2006 | IRSOX vs IFTIX | |
| Voya High Yield Portfolio | High Yield Bonds | 44 | 0.59% | — | May 2004 | IRSOX vs IPHYX |
Often Compared With IRSOX
Investors most often compare IRSOX with VBINX, RERGX, SCHD. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare IRSOX with Any Fund or Stock
Compare IRSOX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IRSOX with funds that move differently
Voya Target Retirement 2040 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IRSOX.
Explore IRSOX Diversifiers