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
LTRIX	Principal LifeTime 2045 Fund	0.01%	—	Feb 2008	RFGTX vs LTRIX
PPLIX	Principal LifeTime 2050 Fund	0.01%	—	Feb 2001	RFGTX vs PPLIX
PTDIX	Principal LifeTime 2040 Fund	0.01%	—	Feb 2001	RFGTX vs PTDIX
PLWIX	Principal LifeTime 2020 Fund	0.01%	—	Feb 2001	RFGTX vs PLWIX
JRLVX	John Hancock Funds Multi-Index 2045 Lifetime Portf...	0.01%	—	Nov 2013	RFGTX vs JRLVX

Best Risk-Adjusted Alternatives to RFGTX

RFGTX has a PortfoliosLab risk / return rank of 52. There are 554 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
FIRVX	Fidelity Managed Retirement 2020 Fund	86	—	Dec 2007	RFGTX vs FIRVX
FRKMX	Fidelity Managed Retirement Income Fund Class K	86	—	Aug 2019	RFGTX vs FRKMX
FRHMX	Fidelity Managed Retirement Income Fund Class K6	86	—	Aug 2019	RFGTX vs FRHMX
PADLX	Putnam Retirement Advantage Maturity Fund	85	—	Dec 2019	RFGTX vs PADLX
FRAMX	Fidelity Advisor Managed Retirement Income Fund Cl...	85	—	Aug 2007	RFGTX vs FRAMX

Top Performing RFGTX Alternatives (YTD)

RFGTX is at 8.99% YTD. There are 325 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
FVTKX	Fidelity Freedom 2060 Fund Class K6	13.86%	—	Aug 2014	RFGTX vs FVTKX

Lowest Volatility Alternatives to RFGTX

RFGTX has 10.95% 1-year volatility. There are 357 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
TDIFX	Dimensional Retirement Income Fund	3.50%	—	Nov 2015	RFGTX vs TDIFX
FRIMX	Fidelity Advisor Managed Retirement Income Fund Cl...	4.32%	—	Aug 2007	RFGTX vs FRIMX
FRQIX	Fidelity Advisor Managed Retirement 2010 Fund Clas...	4.32%	—	Aug 2007	RFGTX vs FRQIX
FRQAX	Fidelity Advisor Managed Retirement 2010 Fund Clas...	4.33%	—	Aug 2007	RFGTX vs FRQAX
FIKFX	Fidelity Freedom Index Income Fund Investor Class	4.35%	—	Oct 2009	RFGTX vs FIKFX

Lowest Drawdown Alternatives to RFGTX

RFGTX has a 1-year max drawdown of -8.39%. There are 389 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
FRKMX	Fidelity Managed Retirement Income Fund Class K	-3.42%	—	Aug 2019	RFGTX vs FRKMX

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	80	9.50%	—	Jul 1975	RFGTX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	40	10.11%	—	Jan 1934	RFGTX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	41	7.82%	—	Jul 1952	RFGTX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	24	8.96%	—	Dec 1973	RFGTX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	37	10.72%	—	May 2009	RFGTX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	64	13.97%	—	Aug 1978	RFGTX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	24	6.73%	—	Mar 1973	RFGTX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	24	8.90%	—	Dec 1973	RFGTX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	57	6.80%	—	Dec 1973	RFGTX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	20	6.63%	—	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	65	10.87%	355.20B	Jul 1997	RFGTX vs VIIIX
FXAIX	Fidelity 500 Index Fund	S&P 500	65	10.87%	—	Feb 1988	RFGTX vs FXAIX
PDDDX	Prudential Day One 2020 Fund	Target Retirement Date	77	5.28%	—	Dec 2016	RFGTX vs PDDDX
FOTKX	Fidelity Freedom 2010 Fund Class K6	Target Retirement Date	74	5.08%	—	Oct 1996	RFGTX vs FOTKX
VFORX	Vanguard Target Retirement 2040 Fund	Target Retirement Date, Diversified Portfolio	65	9.13%	120.30B	Jun 2006	RFGTX vs VFORX
GAIOX	American Funds Growth and Income Portfolio	Diversified Portfolio	48	8.70%	—	May 2012	RFGTX vs GAIOX
SSBRX	State Street Target Retirement 2025 Fund	Target Retirement Date	81	6.18%	—	Sep 2014	RFGTX vs SSBRX
VFIAX	Vanguard 500 Index Fund Admiral Shares	S&P 500, Large Cap Blend Equities	65	10.85%	1.70T	Nov 2000	RFGTX vs VFIAX
FRBEX	Fidelity Freedom 2070 Fund Class K	Target Retirement Date	69	13.71%	—	May 2025	RFGTX vs FRBEX
DRIJX	Dimensional 2050 Target Date Retirement Income Fun...	Target Retirement Date	75	10.86%	220.20M	Nov 2015	RFGTX vs DRIJX
LTIUX	Principal LifeTime 2035 Fund	Target Retirement Date	43	6.17%	—	Feb 2008	RFGTX vs LTIUX
SSFNX	State Street Target Retirement Fund	Target Retirement Date	84	5.22%	—	Sep 2014	RFGTX vs SSFNX
PDAHX	Prudential Day One Income Fund	Target Retirement Date	83	5.04%	—	Dec 2016	RFGTX vs PDAHX
FTLSX	Fidelity Flex Freedom Blend Income Fund	Target Retirement Date	75	4.80%	—	Jun 2017	RFGTX vs FTLSX
PMTIX	Principal LifeTime 2030 Fund	Target Retirement Date	44	5.46%	—	Feb 2001	RFGTX vs PMTIX
JLKYX	John Hancock Funds Multi-Index 2055 Lifetime Portf...	Target Retirement Date	65	12.05%	—	Mar 2014	RFGTX vs JLKYX
VIGAX	Vanguard Growth Index Fund Admiral Shares	Large Cap Growth Equities	22	7.21%	393.80B	Nov 2000	RFGTX vs VIGAX
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	72	4.67%	—	Oct 1996	RFGTX vs FYTKX
FFSDX	Fidelity Freedom 2065 Fund Class K	Target Retirement Date	70	13.74%	—	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