Putnam Retirement Advantage Maturity Fund (PADLX) 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 PADLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PADLX
PADLX charges 0.22% annually. There are 187 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 2055 Fund | 0.01% | — | Feb 2008 | PADLX vs LTFIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | PADLX vs PMTIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | PADLX vs LTRIX | |
| John Hancock Funds Multi-Index 2045 Lifetime Portf... | 0.01% | — | Nov 2013 | PADLX vs JRLVX | |
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | — | Mar 2014 | PADLX vs JLKYX |
Best Risk-Adjusted Alternatives to PADLX
PADLX has a PortfoliosLab risk / return rank of 85. No mutual funds in the Target Retirement Date category have higher risk-adjusted ranks; the top alternatives shown here go as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement 2020 Fund | 85 | — | Dec 2007 | PADLX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 85 | — | Aug 2019 | PADLX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 85 | — | Aug 2019 | PADLX vs FRHMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | PADLX vs FRAMX | |
| State Street Target Retirement Fund | 81 | — | Sep 2014 | PADLX vs SSFNX |
Top Performing PADLX Alternatives (YTD)
PADLX is at 4.15% YTD. There are 610 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 | PADLX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | PADLX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | PADLX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | PADLX vs FIRVX | |
| Fidelity Freedom 2065 Fund Class K6 | 12.32% | — | Jun 2019 | PADLX vs FFSZX |
Lowest Volatility Alternatives to PADLX
PADLX has 4.79% 1-year volatility. There are 18 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.59%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.59% | — | Nov 2015 | PADLX vs TDIFX | |
| MFS Lifetime 2025 Fund | 4.18% | — | Nov 2012 | PADLX vs LTTIX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.32% | — | Oct 2009 | PADLX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.34% | — | Oct 2009 | PADLX vs FFGZX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.34% | — | Aug 2007 | PADLX vs FRIMX |
Lowest Drawdown Alternatives to PADLX
PADLX has a 1-year max drawdown of -3.63%. There are 17 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 | PADLX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | PADLX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PADLX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | PADLX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | PADLX vs FRKMX |
Other Mutual Funds from Putnam
The 10 most viewed Putnam mutual funds shown here include PEYAX, PEQSX, PEIYX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Putnam Large Cap Value Fund | Large Cap Value Equities | 82 | 10.21% | — | Jun 1977 | PADLX vs PEYAX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 83 | 10.36% | — | Jul 2012 | PADLX vs PEQSX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 83 | 10.35% | — | Jan 1998 | PADLX vs PEIYX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 14 | 2.82% | — | Oct 1995 | PADLX vs POGAX | |
| Putnam Global Technology Fund | Technology Equities | 73 | 31.51% | — | Dec 2008 | PADLX vs PGTYX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 18 | 1.90% | — | Aug 1990 | PADLX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 45 | 5.80% | — | Sep 2010 | PADLX vs PMYYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 15 | 2.94% | — | Aug 1999 | PADLX vs PGOYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 98 | 1.43% | — | Oct 2011 | PADLX vs PSDYX | |
| Putnam Small Cap Growth Fund | Small Cap Growth Equities | 41 | 24.71% | — | Dec 1997 | PADLX vs PNSAX |
Often Compared With PADLX
Investors most often compare PADLX with FATWX, LTSTX, TLTIX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare PADLX with Any Fund or Stock
Compare PADLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PADLX with funds that move differently
Putnam Retirement Advantage Maturity Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PADLX.
Explore PADLX Diversifiers