BlackRock LifePath Index 2045 Fund Institutional (LIHIX) 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 LIHIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LIHIX
LIHIX charges 0.14% annually. There are 148 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 2030 Fund | 0.01% | — | Feb 2001 | LIHIX vs PMTIX | |
| John Hancock Funds Multi-Index 2045 Lifetime Portf... | 0.01% | — | Nov 2013 | LIHIX vs JRLVX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | LIHIX vs PLTZX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | LIHIX vs LTIUX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | LIHIX vs PPLIX |
Best Risk-Adjusted Alternatives to LIHIX
LIHIX has a PortfoliosLab risk / return rank of 66. There are 259 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 | LIHIX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | LIHIX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | LIHIX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | LIHIX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | LIHIX vs URTRX |
Top Performing LIHIX Alternatives (YTD)
LIHIX is at 9.63% YTD. There are 243 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 | LIHIX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | LIHIX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | LIHIX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | LIHIX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | LIHIX vs FQLSX |
Lowest Volatility Alternatives to LIHIX
LIHIX has 11.86% 1-year volatility. There are 375 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 | LIHIX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | LIHIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | LIHIX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | LIHIX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | LIHIX vs DRIQX |
Lowest Drawdown Alternatives to LIHIX
LIHIX has a 1-year max drawdown of -8.31%. There are 359 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 | LIHIX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | LIHIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | LIHIX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | LIHIX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | LIHIX 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 LIHIX
Investors most often compare LIHIX with FSELX, FRQHX, ASFYX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare LIHIX with Any Fund or Stock
Compare LIHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LIHIX with funds that move differently
BlackRock LifePath Index 2045 Fund Institutional alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LIHIX.
Explore LIHIX Diversifiers