BlackRock LifePath ESG Index 2040 Fund (LEKIX) 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 LEKIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LEKIX
LEKIX charges 0.06% annually. There are 55 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 | LEKIX vs PLTZX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | LEKIX vs PLWIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | LEKIX vs PMTIX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | LEKIX vs FCQTX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | LEKIX vs PTDIX |
Best Risk-Adjusted Alternatives to LEKIX
LEKIX has a PortfoliosLab risk / return rank of 66. There are 280 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 | LEKIX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | LEKIX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | LEKIX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | LEKIX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | LEKIX vs URTRX |
Top Performing LEKIX Alternatives (YTD)
LEKIX is at 8.61% YTD. There are 291 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 | LEKIX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | LEKIX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | LEKIX vs FWLSX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | LEKIX vs FQLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | LEKIX vs FDFPX |
Lowest Volatility Alternatives to LEKIX
LEKIX has 10.65% 1-year volatility. There are 306 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 | LEKIX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | LEKIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | LEKIX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | LEKIX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | LEKIX vs DRIQX |
Lowest Drawdown Alternatives to LEKIX
LEKIX has a 1-year max drawdown of -7.64%. There are 314 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 | LEKIX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | LEKIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | LEKIX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | LEKIX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | LEKIX vs PRMYX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories. AUM among these funds goes as high as $12B.
Often Compared With LEKIX
Investors most often compare LEKIX with FXAIX, FBIFX, FASGX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare LEKIX with Any Fund or Stock
Compare LEKIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LEKIX with funds that move differently
BlackRock LifePath ESG Index 2040 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LEKIX.
Explore LEKIX Diversifiers