MFS Lifetime 2060 Fund (MFJIX) 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 MFJIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MFJIX
MFJIX 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 | MFJIX vs LTFIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | MFJIX vs PMTIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | MFJIX vs LTIUX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | MFJIX vs JIEHX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | MFJIX vs PLTZX |
Best Risk-Adjusted Alternatives to MFJIX
MFJIX has a PortfoliosLab risk / return rank of 49. There are 612 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 | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 87 | — | Dec 2019 | MFJIX vs PADLX | |
| State Street Target Retirement Fund | 86 | — | Sep 2014 | MFJIX vs SSFNX | |
| State Street Target Retirement 2025 Fund | 84 | — | Sep 2014 | MFJIX vs SSBRX | |
| Prudential Day One Income Fund | 83 | — | Dec 2016 | MFJIX vs PDAHX | |
| Dimensional Retirement Income Fund | 81 | — | Nov 2015 | MFJIX vs TDIFX |
Top Performing MFJIX Alternatives (YTD)
MFJIX is at 9.91% YTD. There are 264 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.50%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Flex Freedom Blend 2060 Fund | 13.50% | — | Jun 2017 | MFJIX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 13.45% | — | Jun 2019 | MFJIX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 13.40% | — | Jun 2017 | MFJIX vs FQLSX | |
| Fidelity Freedom 2060 Fund Class K6 | 13.38% | — | Aug 2014 | MFJIX vs FVTKX | |
| Fidelity Freedom® 2070 Fund Class K6 | 13.36% | — | Jun 2024 | MFJIX vs FRBHX |
Lowest Volatility Alternatives to MFJIX
MFJIX has 10.52% 1-year volatility. There are 381 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.33% | — | Nov 2015 | MFJIX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.00% | — | Oct 2009 | MFJIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.02% | — | Oct 2009 | MFJIX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 4.15% | — | Aug 2019 | MFJIX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | 4.16% | — | Aug 2019 | MFJIX vs FRKMX |
Lowest Drawdown Alternatives to MFJIX
MFJIX has a 1-year max drawdown of -8.38%. There are 394 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 | MFJIX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | MFJIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | MFJIX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | MFJIX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | MFJIX vs FRKMX |
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 | 9 | 2.51% | — | Jan 1996 | MFJIX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 21 | 4.09% | — | May 2006 | MFJIX vs MEIKX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 34 | 9.29% | — | Sep 2004 | MFJIX vs MDIJX | |
| MFS Value Fund Class I | Large Cap Value Equities | 21 | 4.05% | — | Feb 1996 | MFJIX vs MEIIX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 7 | -1.97% | — | Jan 1935 | MFJIX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 12 | 4.99% | — | Jun 2012 | MFJIX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 12 | 4.94% | — | Jul 1997 | MFJIX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 23 | 6.05% | — | — | MFJIX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 20 | 3.93% | — | Jan 1996 | MFJIX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 37 | 7.60% | — | Jul 1924 | MFJIX vs MITTX |
Often Compared With MFJIX
Investors most often compare MFJIX with FUIPX, FRHMX, FRIMX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare MFJIX with Any Fund or Stock
Compare MFJIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MFJIX with funds that move differently
MFS Lifetime 2060 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MFJIX.
Explore MFJIX Diversifiers