MFS Lifetime 2030 Fund (MLTIX) 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 MLTIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MLTIX
MLTIX 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 | MLTIX vs LTFIX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | MLTIX vs PLTZX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | MLTIX vs LTIUX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | MLTIX vs LTRIX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | MLTIX vs PPLIX |
Best Risk-Adjusted Alternatives to MLTIX
MLTIX has a PortfoliosLab risk / return rank of 59. There are 435 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 | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement 2020 Fund | 86 | — | Dec 2007 | MLTIX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 86 | — | Aug 2019 | MLTIX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 85 | — | Aug 2019 | MLTIX vs FRHMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | MLTIX vs FRAMX | |
| Putnam Retirement Advantage Maturity Fund | 85 | — | Dec 2019 | MLTIX vs PADLX |
Top Performing MLTIX Alternatives (YTD)
MLTIX is at 4.84% YTD. There are 572 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 | MLTIX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | MLTIX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | MLTIX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | MLTIX vs FIRVX | |
| Fidelity Freedom 2055 Fund Class K6 | 13.50% | — | Jun 2011 | MLTIX vs FCTKX |
Lowest Volatility Alternatives to MLTIX
MLTIX has 5.48% 1-year volatility. There are 66 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.49%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.49% | — | Nov 2015 | MLTIX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.31% | — | Oct 2009 | MLTIX vs FIKFX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | MLTIX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | MLTIX vs FRQIX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.33% | — | Oct 2009 | MLTIX vs FFGZX |
Lowest Drawdown Alternatives to MLTIX
MLTIX has a 1-year max drawdown of -4.51%. There are 94 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 | MLTIX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | MLTIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | MLTIX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | MLTIX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K6 | -3.42% | — | Aug 2019 | MLTIX vs FRHMX |
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 | 14 | 4.83% | — | Jan 1996 | MLTIX vs MIEIX | |
| MFS Value Fund | Large Cap Value Equities | 42 | 9.24% | — | May 2006 | MLTIX vs MEIKX | |
| MFS Value Fund Class I | Large Cap Value Equities | 41 | 9.18% | — | Feb 1996 | MLTIX vs MEIIX | |
| MFS International Diversification Fund | Foreign Large Cap Equities | 36 | 9.29% | — | Sep 2004 | MLTIX vs MDIJX | |
| MFS Massachusetts Investors Growth Stock Fund | Large Cap Growth Equities | 5 | -2.67% | — | Jan 1935 | MLTIX vs MIGFX | |
| MFS Growth R6 | Large Cap Growth Equities | 8 | 2.57% | — | Jun 2012 | MLTIX vs MFEKX | |
| MFS Growth I | Large Cap Growth Equities | 8 | 2.52% | — | Jul 1997 | MLTIX vs MFEIX | |
| MFS International Intrinsic Value Fund Class I | Large Cap Growth Equities, Foreign Large Cap Equities | 28 | 5.88% | — | — | MLTIX vs MINIX | |
| MFS Value Fund | Large Cap Value Equities | 40 | 9.03% | — | Jan 1996 | MLTIX vs MEIAX | |
| MFS Massachusetts Investors Trust | Large Cap Blend Equities | 32 | 7.06% | — | Jul 1924 | MLTIX vs MITTX |
Often Compared With MLTIX
Investors most often compare MLTIX with DRIKX, FNSFX, FVTKX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare MLTIX with Any Fund or Stock
Compare MLTIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MLTIX with funds that move differently
MFS Lifetime 2030 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MLTIX.
Explore MLTIX Diversifiers