Principal LifeTime 2030 Fund (PMTIX) 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 PMTIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PMTIX
PMTIX charges 0.01% annually. No mutual funds in the Target Retirement Date category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| John Hancock Funds Multi-Index 2045 Lifetime Portf... | 0.01% | — | Nov 2013 | PMTIX vs JRLVX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | PMTIX vs PLWIX | |
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | — | Mar 2014 | PMTIX vs JLKYX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | PMTIX vs LTSTX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | PMTIX vs FCQTX |
Best Risk-Adjusted Alternatives to PMTIX
PMTIX has a PortfoliosLab risk / return rank of 43. There are 619 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 | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 86 | — | Dec 2019 | PMTIX vs PADLX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | PMTIX vs FRAMX | |
| State Street Target Retirement Fund | 84 | — | Sep 2014 | PMTIX vs SSFNX | |
| Fidelity Managed Retirement 2020 Fund Class K | 83 | — | Aug 2019 | PMTIX vs FKRVX | |
| Fidelity Managed Retirement 2015 Fund | 83 | — | Aug 2007 | PMTIX vs FIRSX |
Top Performing PMTIX Alternatives (YTD)
PMTIX is at 4.83% YTD. There are 542 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 1,644,791.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | PMTIX vs FRAMX | |
| Fidelity Advisor Freedom Blend 2060 Fund Class I | 13.86% | — | Aug 2018 | PMTIX vs FHKEX | |
| Fidelity Freedom Blend 2055 Fund Class K | 13.83% | — | Aug 2018 | PMTIX vs FHVDX | |
| Fidelity Advisor Freedom Blend 2060 Fund Class A | 13.68% | — | Aug 2018 | PMTIX vs FHNEX | |
| Fidelity Freedom Blend 2045 Fund Class K | 13.45% | — | Aug 2018 | PMTIX vs FHXDX |
Lowest Volatility Alternatives to PMTIX
PMTIX has 8.16% 1-year volatility. There are 207 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 | PMTIX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | PMTIX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | PMTIX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | PMTIX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.38% | — | Oct 2009 | PMTIX vs FIKFX |
Lowest Drawdown Alternatives to PMTIX
PMTIX has a 1-year max drawdown of -5.85%. There are 195 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 | PMTIX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | PMTIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PMTIX vs FFGZX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | -3.43% | — | Aug 2007 | PMTIX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | -3.44% | — | Aug 2007 | PMTIX vs FRIMX |
Other Mutual Funds from Principal
The 10 most viewed Principal mutual funds shown here include PCBIX, PLGIX, CMNWX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Principal MidCap Fund Institutional Class | Mid Cap Growth Equities | 1 | -4.46% | — | Dec 2000 | PMTIX vs PCBIX | |
| Principal LargeCap Growth Fund I | Large Cap Growth Equities | 6 | 1.06% | — | Dec 2000 | PMTIX vs PLGIX | |
| Principal Capital Appreciation Fund | Large Cap Blend Equities | 49 | 9.64% | — | Nov 1986 | PMTIX vs CMNWX | |
| Principal LifeTime 2055 Fund | Target Retirement Date | 39 | 8.01% | — | Feb 2008 | PMTIX vs LTFIX | |
| Principal Blue Chip Fund | Large Cap Growth Equities | 3 | -1.87% | — | Jun 2012 | PMTIX vs PBCKX | |
| Principal Global Multi-Strategy Fund | Multistrategy | 96 | 5.58% | — | Oct 2011 | PMTIX vs PSMIX | |
| Principal SAM Strategic Growth Portfolio | Diversified Portfolio | 52 | 10.41% | — | Jul 1996 | PMTIX vs SACAX | |
| Principal LifeTime 2045 Fund | Target Retirement Date | 40 | 7.15% | — | Feb 2008 | PMTIX vs LTRIX | |
| Principal LifeTime 2040 Fund | Target Retirement Date | 41 | 6.42% | — | Feb 2001 | PMTIX vs PTDIX | |
| Principal LifeTime 2035 Fund | Target Retirement Date | 41 | 5.50% | — | Feb 2008 | PMTIX vs LTIUX |
Often Compared With PMTIX
Investors most often compare PMTIX with PBRNX, PLTHX, PHTUX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare PMTIX with Any Fund or Stock
Compare PMTIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PMTIX with funds that move differently
Principal LifeTime 2030 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PMTIX.
Explore PMTIX Diversifiers