Mutual of America 2040 Retirement Fund (MURLX) 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 MURLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MURLX
MURLX charges 0.08% annually. There are 67 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | MURLX vs FCQTX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | MURLX vs PPLIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | MURLX vs JIEHX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | MURLX vs LTIUX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | MURLX vs PLTZX |
Best Risk-Adjusted Alternatives to MURLX
MURLX has a PortfoliosLab risk / return rank of 66. There are 200 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 | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 86 | — | Dec 2019 | MURLX vs PADLX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | MURLX vs FRAMX | |
| State Street Target Retirement Fund | 84 | — | Sep 2014 | MURLX vs SSFNX | |
| Principal LifeTime Hybrid 2015 Fund | 83 | — | Sep 2014 | MURLX vs PHTMX | |
| Fidelity Managed Retirement 2020 Fund Class K | 83 | — | Aug 2019 | MURLX vs FKRVX |
Top Performing MURLX Alternatives (YTD)
MURLX is at 8.08% YTD. There are 340 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 1,644,791.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | MURLX vs FRAMX | |
| Fidelity Freedom Blend 2065 Fund Class K6 | 13.97% | — | Jun 2019 | MURLX vs FFBQX | |
| Fidelity Advisor Freedom Blend 2060 Fund Class Z | 13.92% | — | Aug 2018 | MURLX vs FHJEX | |
| Fidelity Freedom Blend 2065 Fund Class K | 13.91% | — | Jun 2019 | MURLX vs FFBKX | |
| Fidelity Advisor Freedom Blend 2055 Fund Class Z | 13.87% | — | Aug 2018 | MURLX vs FHPEX |
Lowest Volatility Alternatives to MURLX
MURLX has 11.06% 1-year volatility. There are 359 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 | MURLX vs TDIFX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | MURLX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | MURLX vs FRQIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | MURLX vs FRQAX | |
| Fidelity Managed Retirement 2010 Fund | 4.38% | — | Aug 2007 | MURLX vs FIRQX |
Lowest Drawdown Alternatives to MURLX
MURLX has a 1-year max drawdown of -7.75%. There are 336 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 | MURLX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | MURLX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | MURLX vs FFGZX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | -3.43% | — | Aug 2007 | MURLX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | -3.44% | — | Aug 2007 | MURLX vs FRIMX |
Other Mutual Funds from Mutual of America
The 10 most viewed Mutual of America mutual funds shown here include MACAX, MAIFX, MURNX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Mutual of America Conservative Allocation Fund | Diversified Portfolio | 69 | 4.28% | — | Nov 2021 | MURLX vs MACAX | |
| Mutual of America International Fund | Foreign Large Cap Equities | 41 | 8.24% | — | Nov 2021 | MURLX vs MAIFX | |
| Mutual of America Investment Corporation - 2050 Re... | Target Retirement Date | 67 | 9.49% | — | Nov 2021 | MURLX vs MURNX | |
| Mutual of America Small Cap Growth Fund | Small Cap Growth Equities | 68 | 18.85% | — | Nov 2021 | MURLX vs MAGKX | |
| Mutual of America Composite Fund | Diversified Portfolio | 85 | 6.92% | — | Nov 2021 | MURLX vs MACHX | |
| Mutual of America 2055 Retirement Fund | Target Retirement Date | 67 | 9.81% | — | Nov 2021 | MURLX vs MUROX | |
| Mutual of America All America Fund | Large Cap Blend Equities | 67 | 11.87% | — | Nov 2021 | MURLX vs MAAKX | |
| Mutual of America Mid-Cap Equity Index Fund | Mid Cap Blend Equities | 51 | 14.39% | — | Nov 2021 | MURLX vs MAMEX | |
| Mutual of America Bond Fund | Intermediate Core Bond | 25 | -0.44% | — | Nov 2021 | MURLX vs MABDX | |
| Mutual of America 2045 Retirement Fund | Target Retirement Date | 68 | 9.04% | — | Nov 2021 | MURLX vs MURMX |
Often Compared With MURLX
Investors most often compare MURLX with MARMX, VOO, PDIZX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare MURLX with Any Fund or Stock
Compare MURLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MURLX with funds that move differently
Mutual of America 2040 Retirement Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MURLX.
Explore MURLX Diversifiers