State Street Target Retirement 2045 Fund (SSDDX) 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 SSDDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SSDDX
SSDDX charges 0.18% annually. There are 157 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | SSDDX vs JIEHX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | SSDDX vs LTRIX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | SSDDX vs PPLIX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | SSDDX vs LTIUX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | SSDDX vs PLTZX |
Best Risk-Adjusted Alternatives to SSDDX
SSDDX has a PortfoliosLab risk / return rank of 71. There are 225 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 89 | — | Dec 2019 | SSDDX vs PADLX | |
| State Street Target Retirement Fund | 88 | — | Sep 2014 | SSDDX vs SSFNX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | SSDDX vs PDAHX | |
| State Street Target Retirement 2025 Fund | 85 | — | Sep 2014 | SSDDX vs SSBRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 83 | — | Nov 2015 | SSDDX vs DRILX |
Top Performing SSDDX Alternatives (YTD)
SSDDX is at 10.91% YTD. There are 251 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 14.17%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Flex Freedom Blend 2060 Fund | 14.17% | — | Jun 2017 | SSDDX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 14.11% | — | Jun 2019 | SSDDX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 14.07% | — | Jun 2017 | SSDDX vs FQLSX | |
| Fidelity Freedom Blend 2055 Fund Class K6 | 14.04% | — | Aug 2018 | SSDDX vs FHDDX | |
| Fidelity Freedom Blend 2065 Fund Class K6 | 14.03% | — | Jun 2019 | SSDDX vs FFBQX |
Lowest Volatility Alternatives to SSDDX
SSDDX has 10.33% 1-year volatility. There are 370 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.33%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.33% | — | Nov 2015 | SSDDX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 3.98% | — | Oct 2009 | SSDDX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.01% | — | Oct 2009 | SSDDX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 4.14% | — | Aug 2019 | SSDDX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | 4.15% | — | Aug 2019 | SSDDX vs FRKMX |
Lowest Drawdown Alternatives to SSDDX
SSDDX has a 1-year max drawdown of -8.35%. There are 392 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 | SSDDX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | SSDDX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | SSDDX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | SSDDX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | SSDDX vs FRKMX |
Other Mutual Funds from State Street
The 10 most viewed State Street mutual funds shown here include SSSYX, SVSPX, SSEYX and span 5 categories.
Often Compared With SSDDX
Investors most often compare SSDDX with FITLX, ^GSPC, VIGIX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare SSDDX with Any Fund or Stock
Compare SSDDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SSDDX with funds that move differently
State Street Target Retirement 2045 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SSDDX.
Explore SSDDX Diversifiers