Great-West Lifetime 2060 Fund (MXGNX) 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 MXGNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MXGNX
MXGNX charges 0.47% annually. There are 387 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| John Hancock Funds Multi-Index 2045 Lifetime Portf... | 0.01% | — | Nov 2013 | MXGNX vs JRLVX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | MXGNX vs PMTIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | MXGNX vs LTIUX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | MXGNX vs JIEHX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | MXGNX vs PLTZX |
Best Risk-Adjusted Alternatives to MXGNX
MXGNX has a PortfoliosLab risk / return rank of 48. There are 630 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 | MXGNX vs PADLX | |
| State Street Target Retirement Fund | 86 | — | Sep 2014 | MXGNX vs SSFNX | |
| State Street Target Retirement 2025 Fund | 84 | — | Sep 2014 | MXGNX vs SSBRX | |
| Prudential Day One Income Fund | 84 | — | Dec 2016 | MXGNX vs PDAHX | |
| Dimensional 2065 Target Date Retirement Income Fun... | 83 | — | Jan 2020 | MXGNX vs DTDRX |
Top Performing MXGNX Alternatives (YTD)
MXGNX is at 11.01% YTD. There are 223 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.90%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Flex Freedom Blend 2060 Fund | 13.90% | — | Jun 2017 | MXGNX vs FWLSX | |
| Fidelity Freedom 2060 Fund Class K6 | 13.86% | — | Aug 2014 | MXGNX vs FVTKX | |
| Fidelity Flex Freedom Blend 2065 Fund | 13.85% | — | Jun 2019 | MXGNX vs FDFPX | |
| Fidelity Freedom 2055 Fund Class K6 | 13.83% | — | Jun 2011 | MXGNX vs FCTKX | |
| Fidelity Freedom 2065 Fund Class K6 | 13.82% | — | Jun 2019 | MXGNX vs FFSZX |
Lowest Volatility Alternatives to MXGNX
MXGNX has 12.61% 1-year volatility. There are 594 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 | MXGNX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.00% | — | Oct 2009 | MXGNX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.02% | — | Oct 2009 | MXGNX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 4.15% | — | Aug 2019 | MXGNX vs FRQHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.16% | — | Aug 2007 | MXGNX vs FRQIX |
Lowest Drawdown Alternatives to MXGNX
MXGNX has a 1-year max drawdown of -9.28%. There are 517 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 | MXGNX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | MXGNX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | MXGNX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | MXGNX vs FRQHX | |
| Fidelity Managed Retirement 2010 Fund Class K | -3.42% | — | Aug 2019 | MXGNX vs FRQKX |
Other Mutual Funds from Great-West
The 10 most viewed Great-West mutual funds shown here include MXVIX, MXISX, MXEOX and span 8 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Great-West S&P 500 Index Fund | Large Cap Blend Equities | 75 | 11.15% | — | Sep 2003 | MXGNX vs MXVIX | |
| Great-West S&P Small Cap 600 Index Fund | Small Cap Blend Equities | 60 | 16.58% | — | Dec 1993 | MXGNX vs MXISX | |
| Great-West Emerging Markets Equity Fund | Emerging Markets Diversified | 89 | 30.48% | — | Jan 2018 | MXGNX vs MXEOX | |
| Great-West Conservative Profile Fund | Diversified Portfolio | 49 | 3.87% | — | Sep 1999 | MXGNX vs MXCPX | |
| Great-West International Index Fund | Foreign Large Cap Equities | 29 | 9.33% | — | Jan 2011 | MXGNX vs MXINX | |
| Great-West Real Estate Index Fund | REIT | 28 | 13.34% | — | Nov 2012 | MXGNX vs MXREX | |
| Great-West S&P Mid Cap 400 Index Fund | Mid Cap Blend Equities | 48 | 14.29% | — | Jan 2011 | MXGNX vs MXMDX | |
| Great-West Bond Index Fund | Intermediate Core Bond | 18 | 0.15% | — | Dec 1992 | MXGNX vs MXBIX | |
| Great-West Moderately Aggressive Profile Fund | Diversified Portfolio | 40 | 8.45% | — | Sep 1999 | MXGNX vs MXBPX | |
| Great-West Moderately Conservative Profile Fund | Diversified Portfolio | 42 | 5.49% | — | Sep 1999 | MXGNX vs MXDPX |
Often Compared With MXGNX
Investors most often compare MXGNX with FFSFX, FFSDX, FRKMX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare MXGNX with Any Fund or Stock
Compare MXGNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MXGNX with funds that move differently
Great-West Lifetime 2060 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MXGNX.
Explore MXGNX Diversifiers