Principal LifeTime 2050 Fund (PPLIX) 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 PPLIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PPLIX
PPLIX 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 | |
|---|---|---|---|---|---|
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | PPLIX vs LTRIX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | PPLIX vs PTDIX | |
| Principal LifeTime 2020 Fund | 0.01% | — | Feb 2001 | PPLIX vs PLWIX | |
| John Hancock Funds Multi-Index 2045 Lifetime Portf... | 0.01% | — | Nov 2013 | PPLIX vs JRLVX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | PPLIX vs PMTIX |
Best Risk-Adjusted Alternatives to PPLIX
PPLIX has a PortfoliosLab risk / return rank of 42. There are 637 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 | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement 2020 Fund | 86 | — | Dec 2007 | PPLIX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 86 | — | Aug 2019 | PPLIX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 86 | — | Aug 2019 | PPLIX vs FRHMX | |
| Putnam Retirement Advantage Maturity Fund | 85 | — | Dec 2019 | PPLIX vs PADLX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | PPLIX vs FRAMX |
Top Performing PPLIX Alternatives (YTD)
PPLIX is at 8.62% YTD. There are 350 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 | PPLIX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | PPLIX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | PPLIX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | PPLIX vs FIRVX | |
| Fidelity Freedom 2060 Fund Class K6 | 14.16% | — | Aug 2014 | PPLIX vs FVTKX |
Lowest Volatility Alternatives to PPLIX
PPLIX has 12.35% 1-year volatility. There are 441 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 | PPLIX vs TDIFX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | PPLIX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | PPLIX vs FRQIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | PPLIX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.35% | — | Oct 2009 | PPLIX vs FIKFX |
Lowest Drawdown Alternatives to PPLIX
PPLIX has a 1-year max drawdown of -8.57%. There are 405 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 | PPLIX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | PPLIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PPLIX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | PPLIX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | PPLIX vs FRKMX |
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 | -4.18% | — | Dec 2000 | PPLIX vs PCBIX | |
| Principal LargeCap Growth Fund I | Large Cap Growth Equities | 7 | 2.43% | — | Dec 2000 | PPLIX vs PLGIX | |
| Principal Capital Appreciation Fund | Large Cap Blend Equities | 49 | 10.23% | — | Nov 1986 | PPLIX vs CMNWX | |
| Principal LifeTime 2055 Fund | Target Retirement Date | 41 | 8.81% | — | Feb 2008 | PPLIX vs LTFIX | |
| Principal Blue Chip Fund | Large Cap Growth Equities | 3 | -1.89% | — | Jun 2012 | PPLIX vs PBCKX | |
| Principal Global Multi-Strategy Fund | Multistrategy | 96 | 5.58% | — | Oct 2011 | PPLIX vs PSMIX | |
| Principal SAM Strategic Growth Portfolio | Diversified Portfolio | 54 | 11.05% | — | Jul 1996 | PPLIX vs SACAX | |
| Principal LifeTime 2035 Fund | Target Retirement Date | 43 | 6.17% | — | Feb 2008 | PPLIX vs LTIUX | |
| Principal SmallCap S&P 600 Index Fund | Small Cap Blend Equities | 69 | 21.11% | — | Dec 2000 | PPLIX vs PSSMX | |
| Principal LifeTime 2060 Fund | Target Retirement Date | 41 | 8.82% | — | Feb 2013 | PPLIX vs PLTZX |
Often Compared With PPLIX
Investors most often compare PPLIX with ONEQ, OEF, VOO. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare PPLIX with Any Fund or Stock
Compare PPLIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PPLIX with funds that move differently
Principal LifeTime 2050 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PPLIX.
Explore PPLIX Diversifiers