1290 Retirement 2060 Fund (TNXIX) 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 TNXIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TNXIX
TNXIX charges 0.52% annually. There are 448 mutual funds in the Target Retirement Date category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Principal LifeTime 2040 Fund | 0.01% | — | Feb 2001 | TNXIX vs PTDIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | TNXIX vs PMTIX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | TNXIX vs LTFIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | TNXIX vs JIEHX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | TNXIX vs LTRIX |
Best Risk-Adjusted Alternatives to TNXIX
TNXIX has a PortfoliosLab risk / return rank of 42. There are 653 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 | TNXIX vs PADLX | |
| State Street Target Retirement Fund | 88 | — | Sep 2014 | TNXIX vs SSFNX | |
| Prudential Day One Income Fund | 85 | — | Dec 2016 | TNXIX vs PDAHX | |
| State Street Target Retirement 2025 Fund | 85 | — | Sep 2014 | TNXIX vs SSBRX | |
| Dimensional 2060 Target Date Retirement Income Fun... | 83 | — | Nov 2015 | TNXIX vs DRILX |
Top Performing TNXIX Alternatives (YTD)
TNXIX is at 9.87% YTD. There are 308 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 | TNXIX vs FWLSX | |
| Fidelity Flex Freedom Blend 2065 Fund | 14.11% | — | Jun 2019 | TNXIX vs FDFPX | |
| Fidelity Flex Freedom Blend 2055 Fund | 14.07% | — | Jun 2017 | TNXIX vs FQLSX | |
| Fidelity Freedom Blend 2055 Fund Class K6 | 14.04% | — | Aug 2018 | TNXIX vs FHDDX | |
| Fidelity Freedom Blend 2065 Fund Class K6 | 14.03% | — | Jun 2019 | TNXIX vs FFBQX |
Lowest Volatility Alternatives to TNXIX
TNXIX has 15.06% 1-year volatility. There are 672 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 | TNXIX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 3.98% | — | Oct 2009 | TNXIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.01% | — | Oct 2009 | TNXIX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | 4.14% | — | Aug 2019 | TNXIX vs FRQHX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.15% | — | Aug 2007 | TNXIX vs FRQAX |
Lowest Drawdown Alternatives to TNXIX
TNXIX has a 1-year max drawdown of -12.24%. There are 672 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 | TNXIX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | TNXIX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | TNXIX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | TNXIX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | TNXIX vs FRKMX |
Other Mutual Funds from 1290 Funds
The 7 most viewed 1290 Funds mutual funds shown here include TNVIX, TNHIX, TNXAX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| 1290 GAMCO Small/Mid Cap Value Fund | Small Cap Blend Equities | 63 | 16.43% | — | Nov 2014 | TNXIX vs TNVIX | |
| 1290 High Yield Bond Fund | High Yield Bonds | 68 | 1.15% | — | Nov 2014 | TNXIX vs TNHIX | |
| 1290 Loomis Sayles Multi-Asset Income Fund Class A | Diversified Portfolio | 64 | 5.31% | — | Mar 2016 | TNXIX vs TNXAX | |
| 1290 Multi-Alternative Strategies Fund | Multistrategy | 89 | 10.73% | — | Jul 2015 | TNXIX vs TNMIX | |
| 1290 Diversified Bond Fund | Intermediate Core-Plus Bond | 27 | 1.96% | — | Jul 2015 | TNXIX vs TNUIX | |
| 1290 SmartBeta Equity Fund | Global Equities | 21 | 3.71% | — | Nov 2014 | TNXIX vs TNBIX | |
| 1290 DoubleLine Dynamic Allocation Fund | Diversified Portfolio | 66 | 5.51% | — | Mar 2016 | TNXIX vs TNVDX |
Often Compared With TNXIX
Investors most often compare TNXIX with TLT, VOO, FSPGX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare TNXIX with Any Fund or Stock
Compare TNXIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TNXIX with funds that move differently
1290 Retirement 2060 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TNXIX.
Explore TNXIX Diversifiers