Putnam Retirement Advantage 2050 Fund (PAEKX) 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 PAEKX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PAEKX
PAEKX charges 0.45% annually. There are 365 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 2020 Fund | 0.01% | — | Feb 2001 | PAEKX vs PLWIX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | PAEKX vs PTDIX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | PAEKX vs PLTZX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | PAEKX vs LTFIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | PAEKX vs LTRIX |
Best Risk-Adjusted Alternatives to PAEKX
PAEKX has a PortfoliosLab risk / return rank of 74. There are 78 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 89 | — | Dec 2019 | PAEKX vs PADLX | |
| State Street Target Retirement Fund | 87 | — | Sep 2014 | PAEKX vs SSFNX | |
| Prudential Day One Income Fund | 86 | — | Dec 2016 | PAEKX vs PDAHX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | PAEKX vs FRAMX | |
| Dimensional Retirement Income Fund | 85 | — | Nov 2015 | PAEKX vs TDIFX |
Top Performing PAEKX Alternatives (YTD)
PAEKX is at 10.49% YTD. There are 254 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 1,644,791.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | PAEKX vs FRAMX | |
| Fidelity Freedom 2060 Fund Class K6 | 13.86% | — | Aug 2014 | PAEKX vs FVTKX | |
| Fidelity Flex Freedom Blend 2060 Fund | 13.84% | — | Jun 2017 | PAEKX vs FWLSX | |
| Fidelity Freedom 2055 Fund Class K6 | 13.83% | — | Jun 2011 | PAEKX vs FCTKX | |
| Fidelity Freedom 2065 Fund Class K6 | 13.82% | — | Jun 2019 | PAEKX vs FFSZX |
Lowest Volatility Alternatives to PAEKX
PAEKX has 11.24% 1-year volatility. There are 364 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.51% | — | Nov 2015 | PAEKX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | PAEKX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | PAEKX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | PAEKX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.38% | — | Oct 2009 | PAEKX vs FIKFX |
Lowest Drawdown Alternatives to PAEKX
PAEKX has a 1-year max drawdown of -7.64%. There are 323 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 | PAEKX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | PAEKX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PAEKX vs FFGZX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | -3.43% | — | Aug 2007 | PAEKX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | -3.44% | — | Aug 2007 | PAEKX vs FRIMX |
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 | 86 | 12.23% | — | Jun 1977 | PAEKX vs PEYAX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 87 | 12.41% | — | Jul 2012 | PAEKX vs PEQSX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 87 | 12.37% | — | Jan 1998 | PAEKX vs PEIYX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 13 | 4.91% | — | Oct 1995 | PAEKX vs POGAX | |
| Putnam Global Technology Fund | Technology Equities | 64 | 31.56% | — | Dec 2008 | PAEKX vs PGTYX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 23 | 4.96% | — | Aug 1990 | PAEKX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 55 | 9.04% | — | Sep 2010 | PAEKX vs PMYYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 14 | 5.05% | — | Aug 1999 | PAEKX vs PGOYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 99 | 1.78% | — | Oct 2011 | PAEKX vs PSDYX | |
| Putnam Small Cap Growth Fund | Small Cap Growth Equities | 30 | 19.35% | — | Dec 1997 | PAEKX vs PNSAX |
Often Compared With PAEKX
Investors most often compare PAEKX with TRBCX, PNRAX, URINX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare PAEKX with Any Fund or Stock
Compare PAEKX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PAEKX with funds that move differently
Putnam Retirement Advantage 2050 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PAEKX.
Explore PAEKX Diversifiers