MFS Lifetime 2055 Fund (LFIIX) 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 LFIIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LFIIX
LFIIX charges 0.00% annually. No mutual funds in the Target Retirement Date category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | LFIIX vs PMTIX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | LFIIX vs PPLIX | |
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | — | Mar 2014 | LFIIX vs JLKYX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | LFIIX vs PLTZX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | LFIIX vs LTIUX |
Best Risk-Adjusted Alternatives to LFIIX
LFIIX has a PortfoliosLab risk / return rank of 72. There are 197 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 87 | — | Sep 2014 | LFIIX vs SSFNX | |
| USAA Target Retirement 2040 Fund | 86 | — | Jul 2008 | LFIIX vs URFRX | |
| USAA Target Retirement Income Fund | 86 | — | Jul 2008 | LFIIX vs URINX | |
| USAA Target Retirement 2050 Fund | 86 | — | Jul 2008 | LFIIX vs URFFX | |
| State Street Target Retirement 2025 Fund | 86 | — | Sep 2014 | LFIIX vs SSBRX |
Top Performing LFIIX Alternatives (YTD)
LFIIX is at 12.59% YTD. There are 98 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 14.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 14.49% | — | Jul 2013 | LFIIX vs URSIX | |
| Fidelity Flex Freedom Blend 2060 Fund | 14.31% | — | Jun 2017 | LFIIX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 14.25% | — | Jun 2019 | LFIIX vs FDFPX | |
| Fidelity Freedom 2065 Fund Class K6 | 14.22% | — | Jun 2019 | LFIIX vs FFSZX | |
| Fidelity Freedom 2060 Fund Class K6 | 14.22% | — | Aug 2014 | LFIIX vs FVTKX |
Lowest Volatility Alternatives to LFIIX
LFIIX has 11.22% 1-year volatility. There are 348 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 | LFIIX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.45% | — | Oct 2009 | LFIIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | LFIIX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.51% | — | Nov 2015 | LFIIX vs DRIQX | |
| MFS Lifetime Income Fund | 4.52% | — | Sep 2005 | LFIIX vs MLLIX |
Lowest Drawdown Alternatives to LFIIX
LFIIX has a 1-year max drawdown of -8.35%. There are 366 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 | LFIIX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | LFIIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | LFIIX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | LFIIX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | LFIIX vs PRMYX |
Other Mutual Funds from MFS
The 10 most viewed MFS mutual funds shown here include MIEIX, MEIKX, MDIJX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 39 | 8.70% | — | Jan 1996 | LFIIX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 79 | 11.84% | — | May 2006 | LFIIX vs MEIKX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 60 | 11.60% | — | Sep 2004 | LFIIX vs MDIJX | |
| MFS Value Fund Class I | Large Cap Value Equities | 79 | 11.77% | — | Feb 1996 | LFIIX vs MEIIX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 8 | -0.46% | — | Jan 1935 | LFIIX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 9 | 3.47% | — | Jun 2012 | LFIIX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 9 | 3.41% | — | Jul 1997 | LFIIX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 47 | 8.95% | — | — | LFIIX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 78 | 11.59% | — | Jan 1996 | LFIIX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 44 | 9.45% | — | Jul 1924 | LFIIX vs MITTX |
Often Compared With LFIIX
Investors most often compare LFIIX with SPY, LIVIX, FOTKX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare LFIIX with Any Fund or Stock
Compare LFIIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LFIIX with funds that move differently
MFS Lifetime 2055 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LFIIX.
Explore LFIIX Diversifiers