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 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | PMTIX vs JIEHX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | PMTIX vs FCQTX | |
| 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 |
Best Risk-Adjusted Alternatives to PMTIX
PMTIX has a PortfoliosLab risk / return rank of 47. There are 597 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 | |
|---|---|---|---|---|---|
| State Street Target Retirement Fund | 86 | — | Sep 2014 | PMTIX vs SSFNX | |
| USAA Target Retirement Income Fund | 85 | — | Jul 2008 | PMTIX vs URINX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | PMTIX vs PDAHX | |
| State Street Target Retirement 2025 Fund | 83 | — | Sep 2014 | PMTIX vs SSBRX | |
| USAA Target Retirement 2030 Fund | 83 | — | Jul 2008 | PMTIX vs URTRX |
Top Performing PMTIX Alternatives (YTD)
PMTIX is at 5.32% YTD. There are 496 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.54%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| USAA Target Retirement 2060 Fund | 13.54% | — | Jul 2013 | PMTIX vs URSIX | |
| USAA Target Retirement 2050 Fund | 13.05% | — | Jul 2008 | PMTIX vs URFFX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.89% | — | Jun 2017 | PMTIX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 12.86% | — | Jun 2019 | PMTIX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 12.80% | — | Jun 2017 | PMTIX vs FQLSX |
Lowest Volatility Alternatives to PMTIX
PMTIX has 8.27% 1-year volatility. There are 194 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 Freedom Index Retirement Fund Investor Cl... | 4.43% | — | Oct 2009 | PMTIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.46% | — | Oct 2009 | PMTIX vs FFGZX | |
| MFS Lifetime Income Fund | 4.50% | — | Sep 2005 | PMTIX vs MLLIX | |
| Dimensional 2015 Target Date Retirement Income Fun... | 4.51% | — | Nov 2015 | PMTIX vs DRIQX |
Lowest Drawdown Alternatives to PMTIX
PMTIX has a 1-year max drawdown of -5.85%. There are 182 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 Retirement Fund Investor Cl... | -3.32% | — | Oct 2009 | PMTIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PMTIX vs FFGZX | |
| Dimensional 2015 Target Date Retirement Income Fun... | -3.47% | — | Nov 2015 | PMTIX vs DRIQX | |
| Putnam RetirementReady Maturity Fund | -3.50% | — | Oct 2004 | PMTIX 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 | -4.46% | — | Dec 2000 | PMTIX vs PCBIX | |
| Principal LargeCap S&P 500 Index Fund Class A | S&P 500 | 56 | 9.95% | — | Feb 2001 | PMTIX vs PLSAX | |
| Principal LargeCap Growth Fund I | Large Cap Growth Equities | 5 | -0.62% | — | Dec 2000 | PMTIX vs PLGIX | |
| Principal MidCap R6 | Mid Cap Growth Equities | 1 | -4.40% | — | Nov 2016 | PMTIX vs PMAQX | |
| Principal LifeTime 2055 Fund | Target Retirement Date | 47 | 9.10% | — | Feb 2008 | PMTIX vs LTFIX | |
| Principal Capital Appreciation Fund | Large Cap Blend Equities | 39 | 8.52% | — | Nov 1986 | PMTIX vs CMNWX | |
| Principal Blue Chip Fund | Large Cap Growth Equities | 3 | 0.00% | — | Jun 2012 | PMTIX vs PBCKX | |
| Principal Global Multi-Strategy Fund | Multistrategy | 97 | 5.92% | — | Oct 2011 | PMTIX vs PSMIX | |
| Principal LifeTime 2045 Fund | Target Retirement Date | 47 | 8.14% | — | Feb 2008 | PMTIX vs LTRIX | |
| Principal LifeTime 2040 Fund | Target Retirement Date | 46 | 7.20% | — | Feb 2001 | PMTIX vs PTDIX |
Often Compared With PMTIX
Investors most often compare PMTIX with FRIMX, PLTHX, PBRNX. These 20 comparison targets span 4 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