Putnam Retirement Advantage 2060 Fund (PAAKX) Alternatives
Putnam Retirement Advantage 2060 Fund (PAAKX) 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 PAAKX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to PAAKX
PAAKX charges 0.45% annually. Among mutual funds in the Target Retirement Date category, these options have the lowest expense ratios among PAAKX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Principal LifeTime 2035 Fund | 0.01% | Feb 28, 2008 | PAAKX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | Feb 28, 2001 | PAAKX vs PMTIX | |
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | Mar 25, 2014 | PAAKX vs JLKYX | |
| Principal LifeTime 2045 Fund | 0.01% | Feb 28, 2008 | PAAKX vs LTRIX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | Mar 26, 2020 | PAAKX vs FCQTX |
Best Risk-Adjusted Alternatives to PAAKX
Among mutual funds in the Target Retirement Date category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| USAA Target Retirement Income Fund | 86 | Jul 30, 2008 | PAAKX vs URINX | |
| Putnam Retirement Advantage Maturity Fund | 86 | Dec 30, 2019 | PAAKX vs PADLX | |
| Fidelity Freedom Income Fund Class K6 | 84 | Oct 17, 1996 | PAAKX vs FYTKX | |
| State Street Target Retirement Fund | 84 | Sep 29, 2014 | PAAKX vs SSFNX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | Aug 1, 2019 | PAAKX vs FRHMX |
Top Performing PAAKX Alternatives (YTD)
PAAKX alternatives from the Target Retirement Date category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Prudential Day One Income Fund | 0.08% | Dec 12, 2016 | PAAKX vs PDAHX | |
| State Street Target Retirement Fund | -0.35% | Sep 29, 2014 | PAAKX vs SSFNX | |
| Dimensional Retirement Income Fund | -0.37% | Nov 1, 2015 | PAAKX vs TDIFX | |
| Prudential Day One 2020 Fund | -0.38% | Dec 12, 2016 | PAAKX vs PDDDX | |
| Fidelity Freedom Income Fund Class K6 | -0.40% | Oct 17, 1996 | PAAKX vs FYTKX |
Lowest Volatility Alternatives to PAAKX
PAAKX alternatives from the Target Retirement Date category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Dimensional Retirement Income Fund | 4.31% | Nov 1, 2015 | PAAKX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.34% | Oct 2, 2009 | PAAKX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.35% | Oct 2, 2009 | PAAKX vs FFGZX | |
| Fidelity Managed Retirement Income Fund Class K | 4.58% | Aug 1, 2019 | PAAKX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.59% | Aug 30, 2007 | PAAKX vs FRAMX |
Lowest Drawdown Alternatives to PAAKX
PAAKX alternatives from the Target Retirement Date category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.84% | Nov 1, 2015 | PAAKX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | Oct 2, 2009 | PAAKX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | Oct 2, 2009 | PAAKX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | Aug 1, 2019 | PAAKX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K6 | -3.42% | Aug 1, 2019 | PAAKX vs FRHMX |
Other Mutual Funds from Putnam
Most popular Putnam mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Putnam Large Cap Value Fund | Large Cap Value Equities | 62 | -1.32% | Jun 15, 1977 | PAAKX vs PEYAX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 21 | -12.94% | Oct 2, 1995 | PAAKX vs POGAX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 63 | -1.25% | Jan 10, 1998 | PAAKX vs PEIYX | |
| Putnam Global Technology Fund | Technology Equities | 66 | -8.01% | Dec 17, 2008 | PAAKX vs PGTYX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 63 | -1.25% | Jul 2, 2012 | PAAKX vs PEQSX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 15 | -11.73% | Aug 31, 1990 | PAAKX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 39 | -7.83% | Sep 24, 2010 | PAAKX vs PMYYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 99 | 0.38% | Oct 17, 2011 | PAAKX vs PSDYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 21 | -12.89% | Aug 27, 1999 | PAAKX vs PGOYX | |
| Putnam Research Fund | Large Cap Blend Equities | 59 | -6.12% | Oct 2, 1995 | PAAKX vs PNRAX |
Often Compared With PAAKX
What investors most often compare with PAAKX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Vanguard Institutional Total Stock Market Index Fu... | Large Cap Blend Equities | 46 | -6.75% | Aug 31, 2001 | PAAKX vs VITNX | |
| Fidelity Freedom Income Fund | Target Retirement Date | 83 | -0.53% | Oct 17, 1996 | PAAKX vs FFFAX | |
| Fidelity Freedom Income Fund Class K | Target Retirement Date | 83 | -0.53% | Jul 20, 2017 | PAAKX vs FNSHX | |
| Principal LifeTime 2055 Fund | Target Retirement Date | 39 | -5.21% | Feb 28, 2008 | PAAKX vs LTFIX | |
| Principal LifeTime 2040 Fund | Target Retirement Date | 42 | -4.20% | Feb 28, 2001 | PAAKX vs PTDIX | |
| USAA Target Retirement 2030 Fund | Target Retirement Date | 78 | -1.13% | Jul 30, 2008 | PAAKX vs URTRX | |
| Fidelity Managed Retirement Income Fund | Target Retirement Date | 83 | -0.50% | Aug 30, 2007 | PAAKX vs FIRMX | |
| Fidelity Flex Freedom Blend Income Fund | Target Retirement Date | 83 | -0.50% | Jun 8, 2017 | PAAKX vs FTLSX | |
| Principal LifeTime 2060 Fund | Target Retirement Date | 39 | -5.21% | Feb 28, 2013 | PAAKX vs PLTZX | |
| Principal LifeTime 2050 Fund | Target Retirement Date | 39 | -5.09% | Feb 28, 2001 | PAAKX vs PPLIX |
Compare PAAKX with Any Fund or Stock
Compare PAAKX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.