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 291 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
JIEHX	John Hancock Funds Multi-Index 2060 Lifetime Portf...	0.01%	—	Mar 2016	RFGTX vs JIEHX
PLWIX	Principal LifeTime 2020 Fund	0.01%	—	Feb 2001	RFGTX vs PLWIX
LTIUX	Principal LifeTime 2035 Fund	0.01%	—	Feb 2008	RFGTX vs LTIUX
PTDIX	Principal LifeTime 2040 Fund	0.01%	—	Feb 2001	RFGTX vs PTDIX
PLTZX	Principal LifeTime 2060 Fund	0.01%	—	Feb 2013	RFGTX vs PLTZX

Best Risk-Adjusted Alternatives to RFGTX

RFGTX has a PortfoliosLab risk / return rank of 54. There are 501 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
SSFNX	State Street Target Retirement Fund	86	—	Sep 2014	RFGTX vs SSFNX
URINX	USAA Target Retirement Income Fund	85	—	Jul 2008	RFGTX vs URINX
PDAHX	Prudential Day One Income Fund	85	—	Dec 2016	RFGTX vs PDAHX
PADLX	Putnam Retirement Advantage Maturity Fund	84	—	Dec 2019	RFGTX vs PADLX
URTRX	USAA Target Retirement 2030 Fund	84	—	Jul 2008	RFGTX vs URTRX

Top Performing RFGTX Alternatives (YTD)

RFGTX is at 7.61% YTD. There are 353 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 13.54%.

Symbol	Name	YTD Return	AUM	Inception
URSIX	USAA Target Retirement 2060 Fund	13.54%	—	Jul 2013	RFGTX vs URSIX
URFFX	USAA Target Retirement 2050 Fund	13.05%	—	Jul 2008	RFGTX vs URFFX
FWLSX	Fidelity Flex Freedom Blend 2060 Fund	12.35%	—	Jun 2017	RFGTX vs FWLSX
FQLSX	Fidelity Flex Freedom Blend 2055 Fund	12.26%	—	Jun 2017	RFGTX vs FQLSX
FDFPX	Fidelity Flex Freedom Blend 2065 Fund	12.26%	—	Jun 2019	RFGTX vs FDFPX

Lowest Volatility Alternatives to RFGTX

RFGTX has 11.16% 1-year volatility. There are 342 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.51%.

Symbol	Name	Volatility 1Y	AUM	Inception
TDIFX	Dimensional Retirement Income Fund	3.51%	—	Nov 2015	RFGTX vs TDIFX
FIKFX	Fidelity Freedom Index Retirement Fund Investor Cl...	4.44%	—	Oct 2009	RFGTX vs FIKFX
FFGZX	Fidelity Freedom Index Income Fund Institutional P...	4.47%	—	Oct 2009	RFGTX vs FFGZX
MLLIX	MFS Lifetime Income Fund	4.51%	—	Sep 2005	RFGTX vs MLLIX
DRIQX	Dimensional 2015 Target Date Retirement Income Fun...	4.52%	—	Nov 2015	RFGTX vs DRIQX

Lowest Drawdown Alternatives to RFGTX

RFGTX has a 1-year max drawdown of -8.39%. There are 370 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 Retirement Fund Investor Cl...	-3.32%	—	Oct 2009	RFGTX vs FIKFX
FFGZX	Fidelity Freedom Index Income Fund Institutional P...	-3.33%	—	Oct 2009	RFGTX vs FFGZX
DRIQX	Dimensional 2015 Target Date Retirement Income Fun...	-3.47%	—	Nov 2015	RFGTX vs DRIQX
PRMYX	Putnam RetirementReady Maturity Fund	-3.50%	—	Oct 2004	RFGTX vs PRMYX

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	79	8.24%	—	Jul 1975	RFGTX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	39	8.17%	—	Jan 1934	RFGTX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	60	9.02%	—	Jul 1952	RFGTX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	20	4.58%	—	Dec 1973	RFGTX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	51	9.58%	—	May 2009	RFGTX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	65	12.13%	—	Aug 1978	RFGTX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	24	3.99%	—	Mar 1973	RFGTX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	19	4.51%	—	Dec 1973	RFGTX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	81	8.47%	—	Dec 1973	RFGTX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	16	2.86%	—	Jan 1967	RFGTX vs AMCPX

Often Compared With RFGTX

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

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FRHMX	Fidelity Managed Retirement Income Fund Class K6	Target Retirement Date	—	—	—	Aug 2019	RFGTX vs FRHMX
VIIIX	Vanguard Institutional Index Fund Institutional Pl...	S&P 500, Large Cap Blend Equities	63	9.35%	349.70B	Jul 1997	RFGTX vs VIIIX
PDDDX	Prudential Day One 2020 Fund	Target Retirement Date	80	5.28%	—	Dec 2016	RFGTX vs PDDDX
FXAIX	Fidelity 500 Index Fund	S&P 500	64	9.35%	—	Feb 1988	RFGTX vs FXAIX
FOTKX	Fidelity Freedom 2010 Fund Class K6	Target Retirement Date	73	4.39%	—	Oct 1996	RFGTX vs FOTKX
VFORX	Vanguard Target Retirement 2040 Fund	Target Retirement Date, Diversified Portfolio	70	8.23%	119.60B	Jun 2006	RFGTX vs VFORX
GAIOX	American Funds Growth and Income Portfolio	Diversified Portfolio	54	7.57%	—	May 2012	RFGTX vs GAIOX
SSBRX	State Street Target Retirement 2025 Fund	Target Retirement Date	82	6.02%	—	Sep 2014	RFGTX vs SSBRX
FRKMX	Fidelity Managed Retirement Income Fund Class K	Target Retirement Date	—	—	—	Aug 2019	RFGTX vs FRKMX
VFIAX	Vanguard 500 Index Fund Admiral Shares	S&P 500, Large Cap Blend Equities	63	9.33%	1.70T	Nov 2000	RFGTX vs VFIAX
FRBEX	Fidelity Freedom 2070 Fund Class K	Target Retirement Date	67	12.05%	—	May 2025	RFGTX vs FRBEX
DRIJX	Dimensional 2050 Target Date Retirement Income Fun...	Target Retirement Date	76	10.23%	219.99M	Nov 2015	RFGTX vs DRIJX
FTLSX	Fidelity Flex Freedom Blend Income Fund	Target Retirement Date	73	4.00%	—	Jun 2017	RFGTX vs FTLSX
PMTIX	Principal LifeTime 2030 Fund	Target Retirement Date	50	5.18%	—	Feb 2001	RFGTX vs PMTIX
FRIMX	Fidelity Advisor Managed Retirement Income Fund Cl...	Target Retirement Date	—	—	—	Aug 2007	RFGTX vs FRIMX
JLKYX	John Hancock Funds Multi-Index 2055 Lifetime Portf...	Target Retirement Date	69	11.16%	—	Mar 2014	RFGTX vs JLKYX
FVTKX	Fidelity Freedom 2060 Fund Class K6	Target Retirement Date	72	12.18%	—	Aug 2014	RFGTX vs FVTKX
VIGAX	Vanguard Growth Index Fund Admiral Shares	Large Cap Growth Equities	18	3.80%	378.80B	Nov 2000	RFGTX vs VIGAX
FFSDX	Fidelity Freedom 2065 Fund Class K	Target Retirement Date	71	12.10%	—	Jun 2019	RFGTX vs FFSDX
FYTKX	Fidelity Freedom Income Fund Class K6	Target Retirement Date	73	4.07%	—	Oct 1996	RFGTX vs FYTKX

Compare RFGTX with Any Fund or Stock

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

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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