Mutual of America 2045 Retirement Fund (MURMX) 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 MURMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MURMX
MURMX 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 | MURMX vs LTRIX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | MURMX vs PTDIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | MURMX vs JIEHX | |
| John Hancock Funds Multi-Index 2045 Lifetime Portf... | 0.01% | — | Nov 2013 | MURMX vs JRLVX | |
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | — | Mar 2014 | MURMX vs JLKYX |
Best Risk-Adjusted Alternatives to MURMX
MURMX has a PortfoliosLab risk / return rank of 74. There are 129 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 | MURMX vs PADLX | |
| Fidelity Managed Retirement 2020 Fund | 84 | — | Dec 2007 | MURMX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 84 | — | Aug 2019 | MURMX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 84 | — | Aug 2007 | MURMX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | — | Aug 2019 | MURMX vs FRHMX |
Top Performing MURMX Alternatives (YTD)
MURMX is at 9.47% YTD. There are 319 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 | MURMX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | MURMX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | MURMX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | MURMX vs FIRVX | |
| Fidelity Freedom 2060 Fund Class K6 | 14.76% | — | Aug 2014 | MURMX vs FVTKX |
Lowest Volatility Alternatives to MURMX
MURMX has 11.73% 1-year volatility. There are 408 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 | MURMX vs TDIFX | |
| MFS Lifetime 2025 Fund | 4.18% | — | Nov 2012 | MURMX vs LTTIX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.31% | — | Oct 2009 | MURMX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.32% | — | Oct 2009 | MURMX vs FFGZX | |
| Fidelity Managed Retirement Income Fund | 4.36% | — | Aug 2007 | MURMX vs FIRMX |
Lowest Drawdown Alternatives to MURMX
MURMX has a 1-year max drawdown of -8.34%. There are 390 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 | MURMX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | MURMX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | MURMX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | MURMX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K6 | -3.42% | — | Aug 2019 | MURMX vs FRHMX |
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 | MURMX vs MACAX | |
| Mutual of America International Fund | Foreign Large Cap Equities | 42 | 8.55% | — | Nov 2021 | MURMX vs MAIFX | |
| Mutual of America Investment Corporation - 2050 Re... | Target Retirement Date | 73 | 9.89% | — | Nov 2021 | MURMX vs MURNX | |
| Mutual of America Small Cap Growth Fund | Small Cap Growth Equities | 76 | 23.45% | — | Nov 2021 | MURMX vs MAGKX | |
| Mutual of America Composite Fund | Diversified Portfolio | 82 | 5.79% | — | Nov 2021 | MURMX vs MACHX | |
| Mutual of America 2055 Retirement Fund | Target Retirement Date | 73 | 10.22% | — | Nov 2021 | MURMX vs MUROX | |
| Mutual of America All America Fund | Large Cap Blend Equities | 66 | 11.08% | — | Nov 2021 | MURMX vs MAAKX | |
| Mutual of America Mid-Cap Equity Index Fund | Mid Cap Blend Equities | 59 | 15.12% | — | Nov 2021 | MURMX vs MAMEX | |
| Mutual of America 2040 Retirement Fund | Target Retirement Date | 72 | 8.44% | — | Nov 2021 | MURMX vs MURLX | |
| Mutual of America Retirement Income Fund | Target Retirement Date | 71 | 3.32% | — | Nov 2021 | MURMX vs MARMX |
Often Compared With MURMX
Investors most often compare MURMX with SPY, MABDX, LTIUX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare MURMX with Any Fund or Stock
Compare MURMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MURMX with funds that move differently
Mutual of America 2045 Retirement Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MURMX.
Explore MURMX Diversifiers