T. Rowe Price Target 2020 Fund (PAIRX) 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 PAIRX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PAIRX
PAIRX charges 0.75% annually. There are 538 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 | PAIRX vs LTFIX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | PAIRX vs PLTZX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | PAIRX vs LTIUX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | PAIRX vs LTRIX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | PAIRX vs PPLIX |
Best Risk-Adjusted Alternatives to PAIRX
PAIRX has a PortfoliosLab risk / return rank of 63. There are 311 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 86.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement 2020 Fund | 86 | — | Dec 2007 | PAIRX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 86 | — | Aug 2019 | PAIRX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 85 | — | Aug 2019 | PAIRX vs FRHMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | PAIRX vs FRAMX | |
| Putnam Retirement Advantage Maturity Fund | 85 | — | Dec 2019 | PAIRX vs PADLX |
Top Performing PAIRX Alternatives (YTD)
PAIRX is at 4.74% YTD. There are 579 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 | PAIRX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | PAIRX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | PAIRX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | PAIRX vs FIRVX | |
| Fidelity Freedom 2055 Fund Class K6 | 13.50% | — | Jun 2011 | PAIRX vs FCTKX |
Lowest Volatility Alternatives to PAIRX
PAIRX has 5.77% 1-year volatility. There are 88 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.49%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.49% | — | Nov 2015 | PAIRX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.31% | — | Oct 2009 | PAIRX vs FIKFX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | PAIRX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | PAIRX vs FRQIX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.33% | — | Oct 2009 | PAIRX vs FFGZX |
Lowest Drawdown Alternatives to PAIRX
PAIRX has a 1-year max drawdown of -4.52%. There are 96 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 | PAIRX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | PAIRX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PAIRX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | PAIRX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K6 | -3.42% | — | Aug 2019 | PAIRX vs FRHMX |
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 | 9 | -0.90% | — | Jun 1993 | PAIRX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 49 | 6.52% | — | Jun 1986 | PAIRX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 60 | 10.42% | — | Dec 1992 | PAIRX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 57 | 10.28% | — | Nov 1994 | PAIRX vs PRCOX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 11 | 0.28% | — | Sep 1985 | PAIRX vs PRWAX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 10 | -0.83% | — | — | PAIRX vs TBCIX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 59 | 9.86% | — | Mar 1990 | PAIRX vs PREIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 11 | 1.37% | — | Oct 2001 | PAIRX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 55 | 24.34% | — | Sep 1987 | PAIRX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 28 | 8.73% | — | Feb 2004 | PAIRX vs TRRJX |
Often Compared With PAIRX
Investors most often compare PAIRX with FHCDX, FFSZX, IRSOX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare PAIRX with Any Fund or Stock
Compare PAIRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PAIRX with funds that move differently
T. Rowe Price Target 2020 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PAIRX.
Explore PAIRX Diversifiers