RFGTX Alternatives & Similar Mutual Funds

American Funds 2040 Target Date Retirement Fund Class R6 (RFGTX) 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 RFGTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to RFGTX

RFGTX charges 0.36% annually. There are 290 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
PTDIX	Principal LifeTime 2040 Fund	0.01%	—	Feb 2001	RFGTX vs PTDIX
PLTZX	Principal LifeTime 2060 Fund	0.01%	—	Feb 2013	RFGTX vs PLTZX
LTFIX	Principal LifeTime 2055 Fund	0.01%	—	Feb 2008	RFGTX vs LTFIX
PMTIX	Principal LifeTime 2030 Fund	0.01%	—	Feb 2001	RFGTX vs PMTIX
LTIUX	Principal LifeTime 2035 Fund	0.01%	—	Feb 2008	RFGTX vs LTIUX

Best Risk-Adjusted Alternatives to RFGTX

RFGTX has a PortfoliosLab risk / return rank of 56. There are 551 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
PADLX	Putnam Retirement Advantage Maturity Fund	87	—	Dec 2019	RFGTX vs PADLX
FIRVX	Fidelity Managed Retirement 2020 Fund	84	—	Dec 2007	RFGTX vs FIRVX
FRKMX	Fidelity Managed Retirement Income Fund Class K	84	—	Aug 2019	RFGTX vs FRKMX
FRHMX	Fidelity Managed Retirement Income Fund Class K6	84	—	Aug 2019	RFGTX vs FRHMX
FRAMX	Fidelity Advisor Managed Retirement Income Fund Cl...	84	—	Aug 2007	RFGTX vs FRAMX

Top Performing RFGTX Alternatives (YTD)

RFGTX is at 9.03% YTD. There are 347 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
FRKMX	Fidelity Managed Retirement Income Fund Class K	15,640,638.04%	—	Aug 2019	RFGTX vs FRKMX
FRAMX	Fidelity Advisor Managed Retirement Income Fund Cl...	1,644,791.35%	—	Aug 2007	RFGTX vs FRAMX
FRHMX	Fidelity Managed Retirement Income Fund Class K6	1,464,383.96%	—	Aug 2019	RFGTX vs FRHMX
FIRVX	Fidelity Managed Retirement 2020 Fund	1,440,933.92%	—	Dec 2007	RFGTX vs FIRVX
FFSZX	Fidelity Freedom 2065 Fund Class K6	15.07%	—	Jun 2019	RFGTX vs FFSZX

Lowest Volatility Alternatives to RFGTX

RFGTX has 10.92% 1-year volatility. There are 368 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
TDIFX	Dimensional Retirement Income Fund	3.56%	—	Nov 2015	RFGTX vs TDIFX
LTTIX	MFS Lifetime 2025 Fund	4.18%	—	Nov 2012	RFGTX vs LTTIX
FIKFX	Fidelity Freedom Index Income Fund Investor Class	4.29%	—	Oct 2009	RFGTX vs FIKFX
FFGZX	Fidelity Freedom Index Income Fund Institutional P...	4.31%	—	Oct 2009	RFGTX vs FFGZX
FRIMX	Fidelity Advisor Managed Retirement Income Fund Cl...	4.35%	—	Aug 2007	RFGTX vs FRIMX

Lowest Drawdown Alternatives to RFGTX

RFGTX has a 1-year max drawdown of -8.39%. There are 397 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
TDIFX	Dimensional Retirement Income Fund	-2.61%	—	Nov 2015	RFGTX vs TDIFX
FIKFX	Fidelity Freedom Index Income Fund Investor Class	-3.32%	—	Oct 2009	RFGTX vs FIKFX
FFGZX	Fidelity Freedom Index Income Fund Institutional P...	-3.33%	—	Oct 2009	RFGTX vs FFGZX
FRQHX	Fidelity Managed Retirement 2010 Fund Class K6	-3.41%	—	Aug 2019	RFGTX vs FRQHX
FRQKX	Fidelity Managed Retirement 2010 Fund Class K	-3.42%	—	Aug 2019	RFGTX vs FRQKX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	83	9.77%	—	Jul 1975	RFGTX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	47	9.70%	—	Jan 1934	RFGTX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	40	5.96%	—	Jul 1952	RFGTX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	30	9.46%	—	Dec 1973	RFGTX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	43	12.66%	—	May 2009	RFGTX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	70	14.88%	—	Aug 1978	RFGTX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	27	6.61%	—	Mar 1973	RFGTX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	30	9.40%	—	Dec 1973	RFGTX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	46	5.48%	—	Dec 1973	RFGTX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	23	5.53%	—	Jan 1967	RFGTX vs AMCPX

Often Compared With RFGTX

Investors most often compare RFGTX with VIIIX, FXAIX, PDDDX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	S&P 500, Large Cap Blend Equities	66	10.19%	355.20B	Jul 1997	RFGTX vs VIIIX
FXAIX	Fidelity 500 Index Fund	S&P 500	66	10.19%	—	Feb 1988	RFGTX vs FXAIX
PDDDX	Prudential Day One 2020 Fund	Target Retirement Date	71	5.19%	—	Dec 2016	RFGTX vs PDDDX
FOTKX	Fidelity Freedom 2010 Fund Class K6	Target Retirement Date	78	5.64%	—	Oct 1996	RFGTX vs FOTKX
VFORX	Vanguard Target Retirement 2040 Fund	Target Retirement Date, Diversified Portfolio	69	9.67%	120.30B	Jun 2006	RFGTX vs VFORX
GAIOX	American Funds Growth and Income Portfolio	Diversified Portfolio	53	8.88%	—	May 2012	RFGTX vs GAIOX
VFIAX	Vanguard 500 Index Fund Admiral Shares	S&P 500, Large Cap Blend Equities	66	10.17%	1.70T	Nov 2000	RFGTX vs VFIAX
SSBRX	State Street Target Retirement 2025 Fund	Target Retirement Date	82	6.26%	—	Sep 2014	RFGTX vs SSBRX
DRIJX	Dimensional 2050 Target Date Retirement Income Fun...	Target Retirement Date	79	11.01%	—	Nov 2015	RFGTX vs DRIJX
FRBEX	Fidelity Freedom 2070 Fund Class K	Target Retirement Date	75	14.88%	—	May 2025	RFGTX vs FRBEX
SSFNX	State Street Target Retirement Fund	Target Retirement Date	83	5.13%	—	Sep 2014	RFGTX vs SSFNX
FTLSX	Fidelity Flex Freedom Blend Income Fund	Target Retirement Date	78	5.30%	—	Jun 2017	RFGTX vs FTLSX
PDAHX	Prudential Day One Income Fund	Target Retirement Date	79	4.94%	—	Dec 2016	RFGTX vs PDAHX
JLKYX	John Hancock Funds Multi-Index 2055 Lifetime Portf...	Target Retirement Date	68	12.46%	—	Mar 2014	RFGTX vs JLKYX
PLWIX	Principal LifeTime 2020 Fund	Target Retirement Date	51	4.37%	—	Feb 2001	RFGTX vs PLWIX
VIGAX	Vanguard Growth Index Fund Admiral Shares	Large Cap Growth Equities	26	7.19%	393.80B	Nov 2000	RFGTX vs VIGAX
FVTKX	Fidelity Freedom 2060 Fund Class K6	Target Retirement Date	77	15.06%	—	Aug 2014	RFGTX vs FVTKX
URINX	USAA Target Retirement Income Fund	Target Retirement Date	81	5.89%	—	Jul 2008	RFGTX vs URINX
FYTKX	Fidelity Freedom Income Fund Class K6	Target Retirement Date	76	5.20%	—	Oct 1996	RFGTX vs FYTKX
FFSDX	Fidelity Freedom 2065 Fund Class K	Target Retirement Date	76	14.99%	—	Jun 2019	RFGTX vs FFSDX

Compare RFGTX with Any Fund or Stock

Compare RFGTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

Diversifiers

Pair RFGTX with funds that move differently

American Funds 2040 Target Date Retirement Fund Class R6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RFGTX.

Explore RFGTX Diversifiers

American Funds 2040 Target Date Retirement Fund Class R6 (RFGTX) Alternatives