T. Rowe Price Target 2010 Fund (PAERX) 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 PAERX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PAERX
PAERX charges 0.70% annually. There are 517 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 2040 Fund | 0.01% | — | Feb 2001 | PAERX vs PTDIX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | PAERX vs LTFIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | PAERX vs PMTIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | PAERX vs LTIUX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | PAERX vs PLTZX |
Best Risk-Adjusted Alternatives to PAERX
PAERX has a PortfoliosLab risk / return rank of 67. There are 341 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 | PAERX vs PADLX | |
| Fidelity Managed Retirement 2020 Fund | 84 | — | Dec 2007 | PAERX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 84 | — | Aug 2019 | PAERX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | — | Aug 2019 | PAERX vs FRHMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 84 | — | Aug 2007 | PAERX vs FRAMX |
Top Performing PAERX Alternatives (YTD)
PAERX is at 4.57% YTD. There are 620 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 | PAERX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | PAERX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | PAERX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | PAERX vs FIRVX | |
| Fidelity Freedom 2065 Fund Class K6 | 15.07% | — | Jun 2019 | PAERX vs FFSZX |
Lowest Volatility Alternatives to PAERX
PAERX has 5.26% 1-year volatility. There are 47 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.56% | — | Nov 2015 | PAERX vs TDIFX | |
| MFS Lifetime 2025 Fund | 4.18% | — | Nov 2012 | PAERX vs LTTIX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.29% | — | Oct 2009 | PAERX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.31% | — | Oct 2009 | PAERX vs FFGZX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.35% | — | Aug 2007 | PAERX vs FRIMX |
Lowest Drawdown Alternatives to PAERX
PAERX has a 1-year max drawdown of -4.19%. There are 72 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 | PAERX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | PAERX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PAERX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | PAERX vs FRQHX | |
| Fidelity Managed Retirement 2010 Fund Class K | -3.42% | — | Aug 2019 | PAERX vs FRQKX |
Other Mutual Funds from T. Rowe Price
The 10 most viewed T. Rowe Price mutual funds shown here include TRBCX, PRWCX, PRDGX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Blue Chip Growth Fund | Large Cap Growth Equities | 14 | 1.82% | — | Jun 1993 | PAERX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 39 | 4.62% | — | Jun 1986 | PAERX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 52 | 8.38% | — | Dec 1992 | PAERX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 64 | 10.90% | — | Nov 1994 | PAERX vs PRCOX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 13 | 0.66% | — | Sep 1985 | PAERX vs PRWAX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 15 | 1.88% | — | — | PAERX vs TBCIX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 65 | 10.08% | — | Mar 1990 | PAERX vs PREIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 12 | 1.37% | — | Oct 2001 | PAERX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 87 | 42.10% | — | Sep 1987 | PAERX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 31 | 9.02% | — | Feb 2004 | PAERX vs TRRJX |
Often Compared With PAERX
Investors most often compare PAERX with FRQIX, DRILX, DRIKX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare PAERX with Any Fund or Stock
Compare PAERX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PAERX with funds that move differently
T. Rowe Price Target 2010 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PAERX.
Explore PAERX Diversifiers