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 2055 Fund | 0.01% | — | Feb 2008 | LFIIX vs LTFIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | LFIIX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | LFIIX vs PMTIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | LFIIX vs LTRIX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | LFIIX vs FCQTX |
Best Risk-Adjusted Alternatives to LFIIX
LFIIX has a PortfoliosLab risk / return rank of 47. There are 592 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 | LFIIX vs FIRVX | |
| Putnam Retirement Advantage Maturity Fund | 85 | — | Dec 2019 | LFIIX vs PADLX | |
| Fidelity Managed Retirement Income Fund Class K | 84 | — | Aug 2019 | LFIIX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 84 | — | Aug 2007 | LFIIX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | — | Aug 2019 | LFIIX vs FRHMX |
Top Performing LFIIX Alternatives (YTD)
LFIIX is at 9.10% YTD. There are 230 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 | LFIIX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | LFIIX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | LFIIX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | LFIIX vs FIRVX | |
| Fidelity Freedom 2065 Fund Class K6 | 12.19% | — | Jun 2019 | LFIIX vs FFSZX |
Lowest Volatility Alternatives to LFIIX
LFIIX has 11.14% 1-year volatility. There are 377 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 | LFIIX vs TDIFX | |
| MFS Lifetime 2025 Fund | 4.18% | — | Nov 2012 | LFIIX vs LTTIX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.32% | — | Oct 2009 | LFIIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.34% | — | Oct 2009 | LFIIX vs FFGZX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.35% | — | Aug 2007 | LFIIX vs FRIMX |
Lowest Drawdown Alternatives to LFIIX
LFIIX has a 1-year max drawdown of -8.35%. There are 392 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 Income Fund Investor Class | -3.32% | — | Oct 2009 | LFIIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | LFIIX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | LFIIX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | LFIIX vs FRKMX |
Other Mutual Funds from MFS
The 10 most viewed MFS mutual funds shown here include MIEIX, MEIKX, MEIIX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| MFS International Equity Fund Class R6 | Foreign Large Cap Equities | 11 | 2.02% | — | Jan 1996 | LFIIX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 33 | 6.47% | — | May 2006 | LFIIX vs MEIKX | |
| MFS Value Fund Class I | Large Cap Value Equities | 32 | 6.41% | — | Feb 1996 | LFIIX vs MEIIX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 32 | 7.46% | — | Sep 2004 | LFIIX vs MDIJX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 5 | -5.25% | — | Jan 1935 | LFIIX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 8 | 1.54% | — | Jun 2012 | LFIIX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 8 | 1.49% | — | Jul 1997 | LFIIX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 24 | 4.21% | — | — | LFIIX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 32 | 6.28% | — | Jan 1996 | LFIIX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 30 | 5.54% | — | 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