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 38 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | — | Mar 2014 | PLTQX vs JLKYX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | PLTQX vs LTFIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | PLTQX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | PLTQX vs PMTIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | PLTQX vs LTRIX |
Best Risk-Adjusted Alternatives to PLTQX
PLTQX has a PortfoliosLab risk / return rank of 57. There are 391 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement 2020 Fund | 85 | — | Dec 2007 | PLTQX vs FIRVX | |
| Putnam Retirement Advantage Maturity Fund | 85 | — | Dec 2019 | PLTQX vs PADLX | |
| Fidelity Managed Retirement Income Fund Class K | 84 | — | Aug 2019 | PLTQX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 84 | — | Aug 2007 | PLTQX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | — | Aug 2019 | PLTQX vs FRHMX |
Top Performing PLTQX Alternatives (YTD)
PLTQX is at 6.97% YTD. There are 379 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 | PLTQX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | PLTQX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | PLTQX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | PLTQX vs FIRVX | |
| Fidelity Freedom 2065 Fund Class K6 | 12.19% | — | Jun 2019 | PLTQX vs FFSZX |
Lowest Volatility Alternatives to PLTQX
PLTQX has 10.65% 1-year volatility. There are 353 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.59%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.59% | — | Nov 2015 | PLTQX vs TDIFX | |
| MFS Lifetime 2025 Fund | 4.18% | — | Nov 2012 | PLTQX vs LTTIX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.32% | — | Oct 2009 | PLTQX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.34% | — | Oct 2009 | PLTQX vs FFGZX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.35% | — | Aug 2007 | PLTQX vs FRIMX |
Lowest Drawdown Alternatives to PLTQX
PLTQX has a 1-year max drawdown of -7.29%. There are 312 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 Income Fund Investor Class | -3.32% | — | Oct 2009 | PLTQX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PLTQX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | PLTQX vs FRQHX | |
| Fidelity Managed Retirement 2010 Fund Class K | -3.42% | — | Aug 2019 | PLTQX vs FRQKX |
Other Mutual Funds from Principal
The 10 most viewed Principal mutual funds shown here include PCBIX, PLGIX, CMNWX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Principal MidCap Fund Institutional Class | Mid Cap Growth Equities | 1 | -7.10% | — | Dec 2000 | PLTQX vs PCBIX | |
| Principal LargeCap Growth Fund I | Large Cap Growth Equities | 6 | -0.69% | — | Dec 2000 | PLTQX vs PLGIX | |
| Principal Capital Appreciation Fund | Large Cap Blend Equities | 40 | 7.30% | — | Nov 1986 | PLTQX vs CMNWX | |
| Principal Blue Chip Fund | Large Cap Growth Equities | 2 | -5.68% | — | Jun 2012 | PLTQX vs PBCKX | |
| Principal Global Multi-Strategy Fund | Multistrategy | 95 | 4.72% | — | Oct 2011 | PLTQX vs PSMIX | |
| Principal SAM Strategic Growth Portfolio | Diversified Portfolio | 48 | 9.24% | — | Jul 1996 | PLTQX vs SACAX | |
| Principal LifeTime 2040 Fund | Target Retirement Date | 38 | 5.52% | — | Feb 2001 | PLTQX vs PTDIX | |
| Principal SmallCap S&P 600 Index Fund | Small Cap Blend Equities | 64 | 18.95% | — | Dec 2000 | PLTQX vs PSSMX | |
| Principal LifeTime 2060 Fund | Target Retirement Date | 37 | 6.75% | — | Feb 2013 | PLTQX vs PLTZX | |
| Principal LifeTime Hybrid 2055 Fund | Target Retirement Date | 54 | 8.52% | — | Sep 2014 | PLTQX vs PLTNX |
Often Compared With PLTQX
Investors most often compare PLTQX with FXAIX, FSNKX, JIEHX. These 20 comparison targets span 6 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