T. Rowe Price Retirement 2045 Fund Class I (TRIKX) 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 TRIKX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TRIKX
TRIKX charges 0.43% annually. There are 354 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 2035 Fund | 0.01% | — | Feb 2008 | TRIKX vs LTIUX | |
| Principal LifeTime 2025 Fund | 0.01% | — | Feb 2008 | TRIKX vs LTSTX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | TRIKX vs LTFIX | |
| Principal LifeTime 2060 Fund | 0.01% | — | Feb 2013 | TRIKX vs PLTZX | |
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | — | Mar 2014 | TRIKX vs JLKYX |
Best Risk-Adjusted Alternatives to TRIKX
TRIKX has a PortfoliosLab risk / return rank of 56. There are 475 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 | |
|---|---|---|---|---|---|
| Fidelity Managed Retirement 2020 Fund | 86 | — | Dec 2007 | TRIKX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 86 | — | Aug 2019 | TRIKX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 86 | — | Aug 2019 | TRIKX vs FRHMX | |
| Putnam Retirement Advantage Maturity Fund | 85 | — | Dec 2019 | TRIKX vs PADLX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | TRIKX vs FRAMX |
Top Performing TRIKX Alternatives (YTD)
TRIKX is at 10.98% YTD. There are 217 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 | TRIKX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | TRIKX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | TRIKX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | TRIKX vs FIRVX | |
| Fidelity Freedom 2060 Fund Class K6 | 13.86% | — | Aug 2014 | TRIKX vs FVTKX |
Lowest Volatility Alternatives to TRIKX
TRIKX has 12.39% 1-year volatility. There are 450 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 | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.50% | — | Nov 2015 | TRIKX vs TDIFX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | TRIKX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | TRIKX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | TRIKX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.35% | — | Oct 2009 | TRIKX vs FIKFX |
Lowest Drawdown Alternatives to TRIKX
TRIKX has a 1-year max drawdown of -9.52%. There are 546 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 | TRIKX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | TRIKX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | TRIKX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | TRIKX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K6 | -3.42% | — | Aug 2019 | TRIKX vs FRHMX |
Other Mutual Funds from T. Rowe Price
The 10 most viewed T. Rowe Price mutual funds shown here include TRBCX, PRWCX, PRDGX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T. Rowe Price Blue Chip Growth Fund | Large Cap Growth Equities | 10 | 0.74% | — | Jun 1993 | TRIKX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 51 | 7.27% | — | Jun 1986 | TRIKX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 62 | 10.28% | — | Dec 1992 | TRIKX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 60 | 10.99% | — | Nov 1994 | TRIKX vs PRCOX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 11 | 0.81% | — | — | TRIKX vs TBCIX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 12 | 0.80% | — | Sep 1985 | TRIKX vs PRWAX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 64 | 10.75% | — | Mar 1990 | TRIKX vs PREIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 12 | 3.13% | — | Oct 2001 | TRIKX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 55 | 26.04% | — | Sep 1987 | TRIKX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 28 | 8.90% | — | Feb 2004 | TRIKX vs TRRJX |
Often Compared With TRIKX
Investors most often compare TRIKX with VOO, VT, FSPSX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare TRIKX with Any Fund or Stock
Compare TRIKX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TRIKX with funds that move differently
T. Rowe Price Retirement 2045 Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TRIKX.
Explore TRIKX Diversifiers