Principal LifeTime Hybrid 2040 Fund (PLTQX) 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 PLTQX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PLTQX
PLTQX charges 0.05% annually. There are 31 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 2030 Fund | 0.01% | — | Feb 2001 | PLTQX vs PMTIX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | PLTQX vs PPLIX | |
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | — | Mar 2014 | PLTQX vs JLKYX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | PLTQX vs PLTZX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | PLTQX vs LTIUX |
Best Risk-Adjusted Alternatives to PLTQX
PLTQX has a PortfoliosLab risk / return rank of 71. There are 243 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 | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 87 | — | Sep 2014 | PLTQX vs SSFNX | |
| USAA Target Retirement 2040 Fund | 86 | — | Jul 2008 | PLTQX vs URFRX | |
| USAA Target Retirement Income Fund | 86 | — | Jul 2008 | PLTQX vs URINX | |
| USAA Target Retirement 2050 Fund | 86 | — | Jul 2008 | PLTQX vs URFFX | |
| State Street Target Retirement 2025 Fund | 86 | — | Sep 2014 | PLTQX vs SSBRX |
Top Performing PLTQX Alternatives (YTD)
PLTQX is at 9.16% YTD. There are 339 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 14.49%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 14.49% | — | Jul 2013 | PLTQX vs URSIX | |
| Fidelity Flex Freedom Blend 2060 Fund | 14.31% | — | Jun 2017 | PLTQX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 14.25% | — | Jun 2019 | PLTQX vs FDFPX | |
| Fidelity Freedom 2065 Fund Class K6 | 14.22% | — | Jun 2019 | PLTQX vs FFSZX | |
| Fidelity Freedom 2060 Fund Class K6 | 14.22% | — | Aug 2014 | PLTQX vs FVTKX |
Lowest Volatility Alternatives to PLTQX
PLTQX has 10.87% 1-year volatility. There are 326 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.50%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.50% | — | Nov 2015 | PLTQX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | 4.45% | — | Oct 2009 | PLTQX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.47% | — | Oct 2009 | PLTQX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.51% | — | Nov 2015 | PLTQX vs DRIQX | |
| MFS Lifetime Income Fund | 4.52% | — | Sep 2005 | PLTQX vs MLLIX |
Lowest Drawdown Alternatives to PLTQX
PLTQX has a 1-year max drawdown of -7.29%. There are 285 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 | PLTQX vs TDIFX | |
| Fidelity Freedom Index Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | PLTQX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PLTQX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | PLTQX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | PLTQX vs PRMYX |
Other Mutual Funds from Principal
The 10 most viewed Principal mutual funds shown here include PCBIX, PLSAX, PLGIX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Principal MidCap Fund Institutional Class | Mid Cap Growth Equities | 1 | -2.78% | — | Dec 2000 | PLTQX vs PCBIX | |
| Principal LargeCap S&P 500 Index Fund Class A | S&P 500 | 72 | 11.59% | — | Feb 2001 | PLTQX vs PLSAX | |
| Principal LargeCap Growth Fund I | Large Cap Growth Equities | 7 | 1.62% | — | Dec 2000 | PLTQX vs PLGIX | |
| Principal MidCap R6 | Mid Cap Growth Equities | 1 | -2.73% | — | Nov 2016 | PLTQX vs PMAQX | |
| Principal LifeTime 2055 Fund | Target Retirement Date | 56 | 10.13% | — | Feb 2008 | PLTQX vs LTFIX | |
| Principal Capital Appreciation Fund | Large Cap Blend Equities | 50 | 9.98% | — | Nov 1986 | PLTQX vs CMNWX | |
| Principal Blue Chip Fund | Large Cap Growth Equities | 5 | 2.76% | — | Jun 2012 | PLTQX vs PBCKX | |
| Principal LifeTime 2045 Fund | Target Retirement Date | 55 | 8.99% | — | Feb 2008 | PLTQX vs LTRIX | |
| Principal LifeTime 2040 Fund | Target Retirement Date | 54 | 7.98% | — | Feb 2001 | PLTQX vs PTDIX | |
| Principal Global Multi-Strategy Fund | Multistrategy | 97 | 6.09% | — | Oct 2011 | PLTQX vs PSMIX |
Often Compared With PLTQX
Investors most often compare PLTQX with FXAIX, FRKMX, JIEHX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare PLTQX with Any Fund or Stock
Compare PLTQX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PLTQX with funds that move differently
Principal LifeTime Hybrid 2040 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PLTQX.
Explore PLTQX Diversifiers