Putnam RetirementReady 2050 Fund (PRRUX) 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 PRRUX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PRRUX
PRRUX charges 0.03% annually. There are 17 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 2035 Fund | 0.01% | — | Feb 2008 | PRRUX vs LTIUX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | PRRUX vs LTSTX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | PRRUX vs LTFIX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | PRRUX vs PLTZX | |
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | — | Mar 2014 | PRRUX vs JLKYX |
Best Risk-Adjusted Alternatives to PRRUX
PRRUX has a PortfoliosLab risk / return rank of 32. There are 650 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 | PRRUX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 86 | — | Aug 2019 | PRRUX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 86 | — | Aug 2019 | PRRUX vs FRHMX | |
| Putnam Retirement Advantage Maturity Fund | 85 | — | Dec 2019 | PRRUX vs PADLX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | PRRUX vs FRAMX |
Top Performing PRRUX Alternatives (YTD)
PRRUX is at 6.88% YTD. There are 443 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 | PRRUX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | PRRUX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | PRRUX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | PRRUX vs FIRVX | |
| Fidelity Freedom 2060 Fund Class K6 | 13.86% | — | Aug 2014 | PRRUX vs FVTKX |
Lowest Volatility Alternatives to PRRUX
PRRUX has 11.34% 1-year volatility. There are 378 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 | PRRUX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | PRRUX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | PRRUX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | PRRUX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.35% | — | Oct 2009 | PRRUX vs FIKFX |
Lowest Drawdown Alternatives to PRRUX
PRRUX has a 1-year max drawdown of -8.40%. There are 390 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 | PRRUX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | PRRUX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | PRRUX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | PRRUX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K6 | -3.42% | — | Aug 2019 | PRRUX vs FRHMX |
Other Mutual Funds from Putnam
The 10 most viewed Putnam mutual funds shown here include PEYAX, PEQSX, PEIYX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Putnam Large Cap Value Fund | Large Cap Value Equities | 84 | 11.82% | — | Jun 1977 | PRRUX vs PEYAX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 85 | 12.00% | — | Jul 2012 | PRRUX vs PEQSX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 84 | 11.96% | — | Jan 1998 | PRRUX vs PEIYX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 15 | 5.12% | — | Oct 1995 | PRRUX vs POGAX | |
| Putnam Global Technology Fund | Technology Equities | 71 | 32.77% | — | Dec 2008 | PRRUX vs PGTYX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 21 | 4.18% | — | Aug 1990 | PRRUX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 50 | 8.25% | — | Sep 2010 | PRRUX vs PMYYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 15 | 5.26% | — | Aug 1999 | PRRUX vs PGOYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 99 | 1.78% | — | Oct 2011 | PRRUX vs PSDYX | |
| Putnam Small Cap Growth Fund | Small Cap Growth Equities | 34 | 22.08% | — | Dec 1997 | PRRUX vs PNSAX |
Often Compared With PRRUX
Investors most often compare PRRUX with LPDIX, FFSDX, PPLIX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare PRRUX with Any Fund or Stock
Compare PRRUX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PRRUX with funds that move differently
Putnam RetirementReady 2050 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PRRUX.
Explore PRRUX Diversifiers