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 70 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 2045 Fund | 0.01% | — | Feb 2008 | MURLX vs LTRIX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | MURLX vs LTFIX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | MURLX vs PTDIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | MURLX vs JIEHX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | MURLX vs FCQTX |
Best Risk-Adjusted Alternatives to MURLX
MURLX has a PortfoliosLab risk / return rank of 72. There are 170 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 | MURLX vs PADLX | |
| Fidelity Managed Retirement 2020 Fund | 84 | — | Dec 2007 | MURLX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 84 | — | Aug 2019 | MURLX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 84 | — | Aug 2007 | MURLX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | — | Aug 2019 | MURLX vs FRHMX |
Top Performing MURLX Alternatives (YTD)
MURLX is at 8.44% YTD. There are 374 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 | MURLX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | MURLX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | MURLX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | MURLX vs FIRVX | |
| Fidelity Freedom 2060 Fund Class K6 | 14.76% | — | Aug 2014 | MURLX vs FVTKX |
Lowest Volatility Alternatives to MURLX
MURLX has 10.95% 1-year volatility. There are 369 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.58% | — | Nov 2015 | MURLX vs TDIFX | |
| MFS Lifetime 2025 Fund | 4.18% | — | Nov 2012 | MURLX vs LTTIX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.31% | — | Oct 2009 | MURLX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.32% | — | Oct 2009 | MURLX vs FFGZX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.36% | — | Aug 2007 | MURLX vs FRIMX |
Lowest Drawdown Alternatives to MURLX
MURLX has a 1-year max drawdown of -7.75%. There are 350 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 Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | MURLX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | MURLX vs FRKMX |
Other Mutual Funds from Mutual of America
The 10 most viewed Mutual of America mutual funds shown here include MACAX, MAIFX, MURNX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Mutual of America Conservative Allocation Fund | Diversified Portfolio | 72 | 4.40% | — | Nov 2021 | MURLX vs MACAX | |
| Mutual of America International Fund | Foreign Large Cap Equities | 42 | 8.55% | — | Nov 2021 | MURLX vs MAIFX | |
| Mutual of America Investment Corporation - 2050 Re... | Target Retirement Date | 73 | 9.89% | — | Nov 2021 | MURLX vs MURNX | |
| Mutual of America Small Cap Growth Fund | Small Cap Growth Equities | 76 | 23.45% | — | Nov 2021 | MURLX vs MAGKX | |
| Mutual of America Composite Fund | Diversified Portfolio | 82 | 5.79% | — | Nov 2021 | MURLX vs MACHX | |
| Mutual of America 2055 Retirement Fund | Target Retirement Date | 73 | 10.22% | — | Nov 2021 | MURLX vs MUROX | |
| Mutual of America All America Fund | Large Cap Blend Equities | 66 | 11.08% | — | Nov 2021 | MURLX vs MAAKX | |
| Mutual of America Mid-Cap Equity Index Fund | Mid Cap Blend Equities | 59 | 15.12% | — | Nov 2021 | MURLX vs MAMEX | |
| Mutual of America 2045 Retirement Fund | Target Retirement Date | 74 | 9.47% | — | Nov 2021 | MURLX vs MURMX | |
| Mutual of America Retirement Income Fund | Target Retirement Date | 71 | 3.32% | — | Nov 2021 | MURLX vs MARMX |
Often Compared With MURLX
Investors most often compare MURLX with MABDX, 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