American Funds 2045 Target Date Retirement Fund Class R-6 (RFHTX) 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 RFHTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to RFHTX
RFHTX charges 0.37% annually. There are 296 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | RFHTX vs FCQTX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | RFHTX vs LTFIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | RFHTX vs LTRIX | |
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | RFHTX vs PTDIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | RFHTX vs JIEHX |
Best Risk-Adjusted Alternatives to RFHTX
RFHTX has a PortfoliosLab risk / return rank of 57. There are 543 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 | RFHTX vs PADLX | |
| Fidelity Managed Retirement 2020 Fund | 84 | — | Dec 2007 | RFHTX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 84 | — | Aug 2019 | RFHTX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 84 | — | Aug 2007 | RFHTX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | — | Aug 2019 | RFHTX vs FRHMX |
Top Performing RFHTX Alternatives (YTD)
RFHTX is at 10.01% YTD. There are 286 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 | RFHTX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | RFHTX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | RFHTX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | RFHTX vs FIRVX | |
| Fidelity Freedom 2060 Fund Class K6 | 14.76% | — | Aug 2014 | RFHTX vs FVTKX |
Lowest Volatility Alternatives to RFHTX
RFHTX has 11.89% 1-year volatility. There are 416 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.58%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.58% | — | Nov 2015 | RFHTX vs TDIFX | |
| MFS Lifetime 2025 Fund | 4.18% | — | Nov 2012 | RFHTX vs LTTIX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.31% | — | Oct 2009 | RFHTX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.32% | — | Oct 2009 | RFHTX vs FFGZX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.36% | — | Aug 2007 | RFHTX vs FRIMX |
Lowest Drawdown Alternatives to RFHTX
RFHTX has a 1-year max drawdown of -9.16%. There are 506 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 | RFHTX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | RFHTX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | RFHTX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | RFHTX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | RFHTX 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.
Often Compared With RFHTX
Investors most often compare RFHTX with VTIVX, FHPEX, PDAHX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare RFHTX with Any Fund or Stock
Compare RFHTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair RFHTX with funds that move differently
American Funds 2045 Target Date Retirement Fund Class R-6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to RFHTX.
Explore RFHTX Diversifiers