Putnam Retirement Advantage 2030 Fund (PDIZX) 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 PDIZX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PDIZX
PDIZX charges 0.45% annually. There are 367 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 2060 Fund | 0.01% | — | Feb 2013 | PDIZX vs PLTZX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | PDIZX vs JIEHX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | PDIZX vs PLWIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | PDIZX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | PDIZX vs PMTIX |
Best Risk-Adjusted Alternatives to PDIZX
PDIZX has a PortfoliosLab risk / return rank of 75. There are 21 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 | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 86 | — | Sep 2014 | PDIZX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | PDIZX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | PDIZX vs PDAHX | |
| Putnam Retirement Advantage Maturity Fund | 84 | — | Dec 2019 | PDIZX vs PADLX | |
| USAA Target Retirement 2030 Fund | 84 | — | Jul 2008 | PDIZX vs URTRX |
Top Performing PDIZX Alternatives (YTD)
PDIZX is at 3.96% YTD. There are 596 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 13.54% | — | Jul 2013 | PDIZX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | PDIZX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.35% | — | Jun 2017 | PDIZX vs FWLSX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.26% | — | Jun 2017 | PDIZX vs FQLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.26% | — | Jun 2019 | PDIZX vs FDFPX |
Lowest Volatility Alternatives to PDIZX
PDIZX has 5.80% 1-year volatility. There are 70 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 | PDIZX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.44% | — | Oct 2009 | PDIZX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | PDIZX vs FFGZX | |
| MFS Lifetime Income Fund | 4.51% | — | Sep 2005 | PDIZX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.52% | — | Nov 2015 | PDIZX vs DRIQX |
Lowest Drawdown Alternatives to PDIZX
PDIZX has a 1-year max drawdown of -3.96%. There are 34 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 | PDIZX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | PDIZX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PDIZX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | PDIZX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | PDIZX vs PRMYX |
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 | 92 | 14.98% | — | Jun 1977 | PDIZX vs PEYAX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 93 | 15.20% | — | Jul 2012 | PDIZX vs PEQSX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 93 | 15.15% | — | Jan 1998 | PDIZX vs PEIYX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 9 | -0.65% | — | Oct 1995 | PDIZX vs POGAX | |
| Putnam Global Technology Fund | Technology Equities | 51 | 24.87% | — | Dec 2008 | PDIZX vs PGTYX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 22 | 3.34% | — | Aug 1990 | PDIZX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 55 | 7.70% | — | Sep 2010 | PDIZX vs PMYYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 9 | -0.51% | — | Aug 1999 | PDIZX vs PGOYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 99 | 1.68% | — | Oct 2011 | PDIZX vs PSDYX | |
| Putnam Small Cap Growth Fund | Small Cap Growth Equities | 26 | 16.15% | — | Dec 1997 | PDIZX vs PNSAX |
Often Compared With PDIZX
Investors most often compare PDIZX with LIWKX, SSBRX, FCTKX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare PDIZX with Any Fund or Stock
Compare PDIZX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PDIZX with funds that move differently
Putnam Retirement Advantage 2030 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PDIZX.
Explore PDIZX Diversifiers