T. Rowe Price Retirement Income 2020 Fund (TRLAX) Alternatives
T. Rowe Price Retirement Income 2020 Fund (TRLAX) 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 TRLAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to TRLAX
TRLAX charges 0.53% annually. Among mutual funds in the Target Retirement Date category, these options have the lowest expense ratios among TRLAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Principal LifeTime 2055 Fund | 0.01% | Feb 28, 2008 | TRLAX vs LTFIX | |
| Principal LifeTime 2060 Fund | 0.01% | Feb 28, 2013 | TRLAX vs PLTZX | |
| Principal LifeTime 2035 Fund | 0.01% | Feb 28, 2008 | TRLAX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | Feb 28, 2001 | TRLAX vs PMTIX | |
| Principal LifeTime 2050 Fund | 0.01% | Feb 28, 2001 | TRLAX vs PPLIX |
Best Risk-Adjusted Alternatives to TRLAX
Among mutual funds in the Target Retirement Date category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| USAA Target Retirement Income Fund | 88 | Jul 30, 2008 | TRLAX vs URINX | |
| Fidelity Freedom Income Fund Class K6 | 87 | Oct 17, 1996 | TRLAX vs FYTKX | |
| Fidelity Freedom Income Fund | 87 | Oct 17, 1996 | TRLAX vs FFFAX | |
| Fidelity Freedom Income Fund Class K | 87 | Jul 20, 2017 | TRLAX vs FNSHX | |
| Fidelity Freedom 2010 Fund | 86 | Oct 17, 1996 | TRLAX vs FFFCX |
Top Performing TRLAX Alternatives (YTD)
TRLAX alternatives from the Target Retirement Date category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Prudential Day One Income Fund | 1.03% | Dec 12, 2016 | TRLAX vs PDAHX | |
| Prudential Day One 2020 Fund | 0.77% | Dec 12, 2016 | TRLAX vs PDDDX | |
| USAA Target Retirement Income Fund | 0.62% | Jul 30, 2008 | TRLAX vs URINX | |
| Prudential Day One 2025 Fund | 0.55% | Dec 12, 2016 | TRLAX vs PDEJX | |
| State Street Target Retirement Fund | 0.53% | Sep 29, 2014 | TRLAX vs SSFNX |
Lowest Volatility Alternatives to TRLAX
TRLAX alternatives from the Target Retirement Date category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Dimensional Retirement Income Fund | 4.34% | Nov 1, 2015 | TRLAX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.39% | Oct 2, 2009 | TRLAX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.42% | Oct 2, 2009 | TRLAX vs FFGZX | |
| Fidelity Managed Retirement Income Fund Class K6 | 4.63% | Aug 1, 2019 | TRLAX vs FRHMX | |
| Fidelity Managed Retirement Income Fund Class K | 4.63% | Aug 1, 2019 | TRLAX vs FRKMX |
Lowest Drawdown Alternatives to TRLAX
TRLAX alternatives from the Target Retirement Date category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Dimensional Retirement Income Fund | -2.84% | Nov 1, 2015 | TRLAX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | Oct 2, 2009 | TRLAX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | Oct 2, 2009 | TRLAX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | Aug 1, 2019 | TRLAX vs FRQHX | |
| Fidelity Managed Retirement 2010 Fund Class K | -3.42% | Aug 1, 2019 | TRLAX vs FRQKX |
Other Mutual Funds from T. Rowe Price
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Often Compared With TRLAX
What investors most often compare with TRLAX, based on PortfoliosLab usage data.
Compare TRLAX with Any Fund or Stock
Compare TRLAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.