T. Rowe Price Retirement 2040 Fund (TRRDX) Alternatives
T. Rowe Price Retirement 2040 Fund (TRRDX) 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 TRRDX. 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 TRRDX
TRRDX charges 0.61% annually. Among mutual funds in the Target Retirement Date category, these options have the lowest expense ratios among TRRDX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Principal LifeTime 2055 Fund | 0.01% | Feb 28, 2008 | TRRDX vs LTFIX | |
| Principal LifeTime 2060 Fund | 0.01% | Feb 28, 2013 | TRRDX vs PLTZX | |
| Principal LifeTime 2035 Fund | 0.01% | Feb 28, 2008 | TRRDX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | Feb 28, 2001 | TRRDX vs PMTIX | |
| Principal LifeTime 2050 Fund | 0.01% | Feb 28, 2001 | TRRDX vs PPLIX |
Best Risk-Adjusted Alternatives to TRRDX
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 | TRRDX vs URINX | |
| Fidelity Freedom Income Fund Class K6 | 87 | Oct 17, 1996 | TRRDX vs FYTKX | |
| Fidelity Freedom Income Fund | 87 | Oct 17, 1996 | TRRDX vs FFFAX | |
| Fidelity Freedom Income Fund Class K | 87 | Jul 20, 2017 | TRRDX vs FNSHX | |
| Fidelity Freedom 2010 Fund | 86 | Oct 17, 1996 | TRRDX vs FFFCX |
Top Performing TRRDX Alternatives (YTD)
TRRDX 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 | TRRDX vs PDAHX | |
| Prudential Day One 2020 Fund | 0.77% | Dec 12, 2016 | TRRDX vs PDDDX | |
| USAA Target Retirement Income Fund | 0.62% | Jul 30, 2008 | TRRDX vs URINX | |
| Prudential Day One 2025 Fund | 0.55% | Dec 12, 2016 | TRRDX vs PDEJX | |
| State Street Target Retirement Fund | 0.53% | Sep 29, 2014 | TRRDX vs SSFNX |
Lowest Volatility Alternatives to TRRDX
TRRDX 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 | TRRDX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.39% | Oct 2, 2009 | TRRDX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.42% | Oct 2, 2009 | TRRDX vs FFGZX | |
| Fidelity Managed Retirement Income Fund Class K | 4.63% | Aug 1, 2019 | TRRDX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 4.63% | Aug 1, 2019 | TRRDX vs FRHMX |
Lowest Drawdown Alternatives to TRRDX
TRRDX 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 | TRRDX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | Oct 2, 2009 | TRRDX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | Oct 2, 2009 | TRRDX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | Aug 1, 2019 | TRRDX vs FRQHX | |
| Fidelity Managed Retirement 2010 Fund Class K | -3.42% | Aug 1, 2019 | TRRDX vs FRQKX |
Other Mutual Funds from T. Rowe Price
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Often Compared With TRRDX
What investors most often compare with TRRDX, based on PortfoliosLab usage data.
Compare TRRDX with Any Fund or Stock
Compare TRRDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.