Prudential Day One 2055 Fund (PDKFX) 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 PDKFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PDKFX
PDKFX charges 0.25% annually. There are 218 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 | PDKFX vs LTFIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | PDKFX vs JIEHX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | PDKFX vs PTDIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | PDKFX vs LTRIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | PDKFX vs PMTIX |
Best Risk-Adjusted Alternatives to PDKFX
PDKFX has a PortfoliosLab risk / return rank of 60. There are 487 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 | PDKFX vs PADLX | |
| State Street Target Retirement Fund | 88 | — | Sep 2014 | PDKFX vs SSFNX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | PDKFX vs PDAHX | |
| State Street Target Retirement 2025 Fund | 85 | — | Sep 2014 | PDKFX vs SSBRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 83 | — | Nov 2015 | PDKFX vs DRILX |
Top Performing PDKFX Alternatives (YTD)
PDKFX is at 12.43% YTD. There are 128 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 14.17%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Flex Freedom Blend 2060 Fund | 14.17% | — | Jun 2017 | PDKFX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 14.11% | — | Jun 2019 | PDKFX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 14.07% | — | Jun 2017 | PDKFX vs FQLSX | |
| Fidelity Freedom Blend 2055 Fund Class K6 | 14.04% | — | Aug 2018 | PDKFX vs FHDDX | |
| Fidelity Freedom Blend 2065 Fund Class K6 | 14.03% | — | Jun 2019 | PDKFX vs FFBQX |
Lowest Volatility Alternatives to PDKFX
PDKFX has 11.94% 1-year volatility. There are 515 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.33% | — | Nov 2015 | PDKFX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 3.98% | — | Oct 2009 | PDKFX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.01% | — | Oct 2009 | PDKFX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 4.14% | — | Aug 2019 | PDKFX vs FRQHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.15% | — | Aug 2007 | PDKFX vs FRQAX |
Lowest Drawdown Alternatives to PDKFX
PDKFX has a 1-year max drawdown of -9.40%. There are 527 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 | PDKFX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | PDKFX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PDKFX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | PDKFX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | PDKFX vs FRKMX |
Other Mutual Funds from PGIM
The 10 most viewed PGIM mutual funds shown here include PJFAX, PHYQX, PTRQX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM Jennison Growth Fund | Large Cap Growth Equities | 18 | 9.23% | — | Nov 1995 | PDKFX vs PJFAX | |
| PGIM High Yield Fund Class R6 | High Yield Bonds | 75 | 1.85% | — | Oct 2011 | PDKFX vs PHYQX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 28 | 0.68% | — | Dec 2010 | PDKFX vs PTRQX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 64 | 1.15% | — | Dec 2013 | PDKFX vs SDMZX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 27 | 0.72% | — | Jan 1997 | PDKFX vs PDBZX | |
| PGIM Floating Rate Income Fund | Bank Loan | 94 | 2.29% | — | Mar 2011 | PDKFX vs FRFZX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 70 | 1.50% | — | Oct 2012 | PDKFX vs HYSZX | |
| PGIM High Yield Fund | High Yield Bonds | 72 | 1.69% | — | Jan 1990 | PDKFX vs PBHAX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 9 | 13.56% | — | Jun 2012 | PDKFX vs PWJZX | |
| PGIM Jennison Small Company Fund | Small Cap Growth Equities | 40 | 11.50% | — | Jan 1990 | PDKFX vs PGOAX |
Often Compared With PDKFX
Investors most often compare PDKFX with FRQIX, FFSDX, FVTKX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare PDKFX with Any Fund or Stock
Compare PDKFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PDKFX with funds that move differently
Prudential Day One 2055 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PDKFX.
Explore PDKFX Diversifiers