T. Rowe Price Target 2030 Fund (PAKRX) Alternatives
T. Rowe Price Target 2030 Fund (PAKRX) 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 PAKRX. 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 PAKRX
PAKRX charges 0.81% annually. Among mutual funds in the Target Retirement Date category, these options have the lowest expense ratios among PAKRX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Principal LifeTime 2055 Fund | 0.01% | Feb 28, 2008 | PAKRX vs LTFIX | |
| Principal LifeTime 2060 Fund | 0.01% | Feb 28, 2013 | PAKRX vs PLTZX | |
| Principal LifeTime 2035 Fund | 0.01% | Feb 28, 2008 | PAKRX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | Feb 28, 2001 | PAKRX vs PMTIX | |
| Principal LifeTime 2050 Fund | 0.01% | Feb 28, 2001 | PAKRX vs PPLIX |
Best Risk-Adjusted Alternatives to PAKRX
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 | 88 | Jul 30, 2008 | PAKRX vs URINX | |
| Fidelity Freedom Income Fund Class K6 | 87 | Oct 17, 1996 | PAKRX vs FYTKX | |
| Fidelity Freedom Income Fund | 87 | Oct 17, 1996 | PAKRX vs FFFAX | |
| Fidelity Freedom Income Fund Class K | 87 | Jul 20, 2017 | PAKRX vs FNSHX | |
| Fidelity Freedom 2010 Fund | 86 | Oct 17, 1996 | PAKRX vs FFFCX |
Top Performing PAKRX Alternatives (YTD)
PAKRX alternatives from the Target Retirement Date category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Prudential Day One Income Fund | 1.03% | Dec 12, 2016 | PAKRX vs PDAHX | |
| Prudential Day One 2020 Fund | 0.77% | Dec 12, 2016 | PAKRX vs PDDDX | |
| USAA Target Retirement Income Fund | 0.62% | Jul 30, 2008 | PAKRX vs URINX | |
| Prudential Day One 2025 Fund | 0.55% | Dec 12, 2016 | PAKRX vs PDEJX | |
| State Street Target Retirement Fund | 0.53% | Sep 29, 2014 | PAKRX vs SSFNX |
Lowest Volatility Alternatives to PAKRX
PAKRX alternatives from the Target Retirement Date category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Dimensional Retirement Income Fund | 4.34% | Nov 1, 2015 | PAKRX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.39% | Oct 2, 2009 | PAKRX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.42% | Oct 2, 2009 | PAKRX vs FFGZX | |
| Fidelity Managed Retirement Income Fund Class K | 4.63% | Aug 1, 2019 | PAKRX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 4.63% | Aug 1, 2019 | PAKRX vs FRHMX |
Lowest Drawdown Alternatives to PAKRX
PAKRX 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 | PAKRX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | Oct 2, 2009 | PAKRX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | Oct 2, 2009 | PAKRX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | Aug 1, 2019 | PAKRX vs FRQHX | |
| Fidelity Managed Retirement 2010 Fund Class K | -3.42% | Aug 1, 2019 | PAKRX vs FRQKX |
Other Mutual Funds from T. Rowe Price
Most popular T. Rowe Price mutual funds on PortfoliosLab, across asset classes.
Often Compared With PAKRX
What investors most often compare with PAKRX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Putnam RetirementReady 2030 Fund | Target Retirement Date | 47 | -2.11% | Oct 31, 2004 | PAKRX vs PRRTX | |
| Invesco S&P 500® High Dividend Low Volatility ETF | S&P 500, Dividend | 17 | 4.26% | Oct 18, 2012 | PAKRX vs SPHD | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | Target Retirement Date | 81 | 0.18% | Aug 30, 2007 | PAKRX vs FRAMX | |
| John Hancock Funds Multi-Index 2045 Lifetime Portf... | Target Retirement Date | 63 | -0.92% | Nov 6, 2013 | PAKRX vs JRLVX | |
| Principal LifeTime 2045 Fund | Target Retirement Date | 51 | -2.17% | Feb 28, 2008 | PAKRX vs LTRIX |
Compare PAKRX with Any Fund or Stock
Compare PAKRX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.