Voya Target Retirement 2045 Fund (IRSPX) 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 IRSPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IRSPX
IRSPX charges 0.19% annually. There are 167 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 | IRSPX vs LTFIX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | IRSPX vs LTSTX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | IRSPX vs LTRIX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | IRSPX vs PPLIX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | IRSPX vs PLWIX |
Best Risk-Adjusted Alternatives to IRSPX
IRSPX has a PortfoliosLab risk / return rank of 73. There are 33 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 | IRSPX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | IRSPX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | IRSPX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | IRSPX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | IRSPX vs URTRX |
Top Performing IRSPX Alternatives (YTD)
IRSPX is at 10.29% YTD. There are 186 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 | IRSPX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | IRSPX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | IRSPX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | IRSPX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | IRSPX vs FQLSX |
Lowest Volatility Alternatives to IRSPX
IRSPX has 12.83% 1-year volatility. There are 459 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 | IRSPX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | IRSPX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | IRSPX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | IRSPX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | IRSPX vs DRIQX |
Lowest Drawdown Alternatives to IRSPX
IRSPX has a 1-year max drawdown of -8.99%. There are 458 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 | IRSPX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | IRSPX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | IRSPX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | IRSPX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | IRSPX 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 | IRSPX vs LEXCX | |
| Voya Russell Large Cap Growth Index Portfolio | Large Cap Growth Equities | 12 | -0.43% | — | May 2009 | IRSPX vs IRLNX | |
| Voya Large Cap Value Fund | Large Cap Value Equities | 57 | 11.24% | — | Dec 2007 | IRSPX vs IEDAX | |
| Voya Intermediate Bond Fund | Intermediate Core-Plus Bond | 14 | -0.71% | — | Dec 1998 | IRSPX vs IIBAX | |
| Voya Russell Large Cap Index Portfolio | Large Cap Blend Equities | 51 | 7.81% | — | Mar 2008 | IRSPX vs IIRLX | |
| Voya Emerging Markets Corporate Debt Fund | Emerging Markets Bonds | — | — | — | Aug 2012 | IRSPX vs IMCDX | |
| Atlas U.S. Tactical Income Fund | Diversified Portfolio | 33 | 0.37% | — | Sep 2015 | IRSPX vs ATLAX | |
| Voya Russell Large Cap Value Index Portfolio | Large Cap Value Equities | 96 | 19.97% | — | May 2009 | IRSPX vs IRVIX | |
| Voya International High Dividend Low Volatility Po... | Foreign Large Cap Equities, Low Volatility | 89 | 15.40% | — | Jan 2006 | IRSPX vs IFTIX | |
| Voya High Yield Portfolio | High Yield Bonds | 44 | 0.59% | — | May 2004 | IRSPX vs IPHYX |
Often Compared With IRSPX
Investors most often compare IRSPX with IRSOX, DRIKX, FIGLX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare IRSPX with Any Fund or Stock
Compare IRSPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IRSPX with funds that move differently
Voya Target Retirement 2045 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IRSPX.
Explore IRSPX Diversifiers