Principal LifeTime Hybrid 2030 Fund R-6 (PLZTX) 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 PLZTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PLZTX
PLZTX charges 0.33% annually. There are 262 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 2040 Fund | 0.01% | — | Feb 2001 | PLZTX vs PTDIX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | PLZTX vs LTFIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | PLZTX vs JIEHX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | PLZTX vs LTRIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | PLZTX vs PMTIX |
Best Risk-Adjusted Alternatives to PLZTX
PLZTX has a PortfoliosLab risk / return rank of 72. There are 175 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 | PLZTX vs PADLX | |
| State Street Target Retirement Fund | 88 | — | Sep 2014 | PLZTX vs SSFNX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | PLZTX vs PDAHX | |
| State Street Target Retirement 2025 Fund | 85 | — | Sep 2014 | PLZTX vs SSBRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 83 | — | Nov 2015 | PLZTX vs DRILX |
Top Performing PLZTX Alternatives (YTD)
PLZTX is at 7.17% YTD. There are 449 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 | PLZTX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 14.11% | — | Jun 2019 | PLZTX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 14.07% | — | Jun 2017 | PLZTX vs FQLSX | |
| Fidelity Freedom Blend 2055 Fund Class K6 | 14.04% | — | Aug 2018 | PLZTX vs FHDDX | |
| Fidelity Freedom Blend 2065 Fund Class K6 | 14.03% | — | Jun 2019 | PLZTX vs FFBQX |
Lowest Volatility Alternatives to PLZTX
PLZTX has 7.70% 1-year volatility. There are 225 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 | PLZTX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 3.98% | — | Oct 2009 | PLZTX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.01% | — | Oct 2009 | PLZTX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 4.14% | — | Aug 2019 | PLZTX vs FRQHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.15% | — | Aug 2007 | PLZTX vs FRQAX |
Lowest Drawdown Alternatives to PLZTX
PLZTX has a 1-year max drawdown of -5.73%. There are 206 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 | PLZTX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | PLZTX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PLZTX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | PLZTX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | PLZTX vs FRKMX |
Other Mutual Funds from Principal Funds
The 5 most viewed Principal Funds mutual funds shown here include PLSAX, PMAQX, PDSYX and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Principal LargeCap S&P 500 Index Fund Class A | S&P 500 | 72 | 11.59% | — | Feb 2001 | PLZTX vs PLSAX | |
| Principal MidCap R6 | Mid Cap Growth Equities | 1 | -7.36% | — | Nov 2016 | PLZTX vs PMAQX | |
| Principal Diversified Select Real Asset Fund | Global Allocation | 92 | 5.06% | — | Jul 2019 | PLZTX vs PDSYX | |
| Principal Diversified Income Fund | Multisector Bonds | 18 | -0.44% | — | Dec 2008 | PLZTX vs PGDIX | |
| Principal Government & High Quality Bond Fund | Government Bonds | 23 | 0.31% | — | May 1984 | PLZTX vs CMPGX |
Often Compared With PLZTX
Investors most often compare PLZTX with FCQTX, FFFAX, FFFCX. These 20 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare PLZTX with Any Fund or Stock
Compare PLZTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PLZTX with funds that move differently
Principal LifeTime Hybrid 2030 Fund R-6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PLZTX.
Explore PLZTX Diversifiers