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 | |
|---|---|---|---|---|---|
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | — | Mar 2014 | PPLIX vs JLKYX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | PPLIX vs PMTIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | PPLIX vs LTIUX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | PPLIX vs LTRIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | PPLIX vs JIEHX |
Best Risk-Adjusted Alternatives to PPLIX
PPLIX has a PortfoliosLab risk / return rank of 46. There are 641 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 87.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 87 | — | Dec 2019 | PPLIX vs PADLX | |
| Fidelity Managed Retirement 2020 Fund | 84 | — | Dec 2007 | PPLIX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 84 | — | Aug 2019 | PPLIX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | — | Aug 2019 | PPLIX vs FRHMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 84 | — | Aug 2007 | PPLIX vs FRAMX |
Top Performing PPLIX Alternatives (YTD)
PPLIX is at 8.79% YTD. There are 365 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 2065 Fund Class K6 | 15.07% | — | Jun 2019 | PPLIX vs FFSZX |
Lowest Volatility Alternatives to PPLIX
PPLIX has 12.23% 1-year volatility. There are 462 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.56% | — | Nov 2015 | PPLIX vs TDIFX | |
| MFS Lifetime 2025 Fund | 4.18% | — | Nov 2012 | PPLIX vs LTTIX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.29% | — | Oct 2009 | PPLIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.31% | — | Oct 2009 | PPLIX vs FFGZX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.35% | — | Aug 2007 | PPLIX vs FRIMX |
Lowest Drawdown Alternatives to PPLIX
PPLIX has a 1-year max drawdown of -8.57%. There are 412 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 2010 Fund Class K | -3.42% | — | Aug 2019 | PPLIX 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 | -5.96% | — | Dec 2000 | PPLIX vs PCBIX | |
| Principal LargeCap Growth Fund I | Large Cap Growth Equities | 8 | 2.25% | — | Dec 2000 | PPLIX vs PLGIX | |
| Principal Capital Appreciation Fund | Large Cap Blend Equities | 49 | 9.31% | — | Nov 1986 | PPLIX vs CMNWX | |
| Principal Blue Chip Fund | Large Cap Growth Equities | 3 | -3.02% | — | Jun 2012 | PPLIX vs PBCKX | |
| Principal LifeTime 2055 Fund | Target Retirement Date | 46 | 8.98% | — | Feb 2008 | PPLIX vs LTFIX | |
| Principal Global Multi-Strategy Fund | Multistrategy | 96 | 5.32% | — | Oct 2011 | PPLIX vs PSMIX | |
| Principal SAM Strategic Growth Portfolio | Diversified Portfolio | 58 | 11.27% | — | Jul 1996 | PPLIX vs SACAX | |
| Principal LifeTime 2040 Fund | Target Retirement Date | 47 | 7.32% | — | Feb 2001 | PPLIX vs PTDIX | |
| Principal SmallCap S&P 600 Index Fund | Small Cap Blend Equities | 66 | 19.30% | — | Dec 2000 | PPLIX vs PSSMX | |
| Principal LifeTime 2060 Fund | Target Retirement Date | 46 | 8.98% | — | 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