T. Rowe Price Retirement 2005 Fund (TRRFX) Alternatives
T. Rowe Price Retirement 2005 Fund (TRRFX) 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 TRRFX. 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 TRRFX
TRRFX charges 0.49% annually. Among mutual funds in the Target Retirement Date category, these options have the lowest expense ratios among TRRFX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Principal LifeTime 2035 Fund | 0.01% | Feb 28, 2008 | TRRFX vs LTIUX | |
| Principal LifeTime 2030 Fund | 0.01% | Feb 28, 2001 | TRRFX vs PMTIX | |
| John Hancock Funds Multi-Index 2055 Lifetime Portf... | 0.01% | Mar 25, 2014 | TRRFX vs JLKYX | |
| Principal LifeTime 2045 Fund | 0.01% | Feb 28, 2008 | TRRFX vs LTRIX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | Mar 26, 2020 | TRRFX vs FCQTX |
Best Risk-Adjusted Alternatives to TRRFX
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 | 86 | Jul 30, 2008 | TRRFX vs URINX | |
| Putnam Retirement Advantage Maturity Fund | 86 | Dec 30, 2019 | TRRFX vs PADLX | |
| Fidelity Freedom Income Fund Class K6 | 84 | Oct 17, 1996 | TRRFX vs FYTKX | |
| State Street Target Retirement Fund | 84 | Sep 29, 2014 | TRRFX vs SSFNX | |
| Fidelity Managed Retirement Income Fund Class K6 | 84 | Aug 1, 2019 | TRRFX vs FRHMX |
Top Performing TRRFX Alternatives (YTD)
TRRFX alternatives from the Target Retirement Date category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Prudential Day One Income Fund | 0.08% | Dec 12, 2016 | TRRFX vs PDAHX | |
| State Street Target Retirement Fund | -0.35% | Sep 29, 2014 | TRRFX vs SSFNX | |
| Dimensional Retirement Income Fund | -0.37% | Nov 1, 2015 | TRRFX vs TDIFX | |
| Prudential Day One 2020 Fund | -0.38% | Dec 12, 2016 | TRRFX vs PDDDX | |
| Fidelity Freedom Income Fund Class K6 | -0.40% | Oct 17, 1996 | TRRFX vs FYTKX |
Lowest Volatility Alternatives to TRRFX
TRRFX alternatives from the Target Retirement Date category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Dimensional Retirement Income Fund | 4.31% | Nov 1, 2015 | TRRFX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.34% | Oct 2, 2009 | TRRFX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.35% | Oct 2, 2009 | TRRFX vs FFGZX | |
| Fidelity Managed Retirement Income Fund Class K | 4.58% | Aug 1, 2019 | TRRFX vs FRKMX | |
| Fidelity Managed Retirement Income Fund | 4.59% | Aug 30, 2007 | TRRFX vs FIRMX |
Lowest Drawdown Alternatives to TRRFX
TRRFX 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 | TRRFX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | Oct 2, 2009 | TRRFX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | Oct 2, 2009 | TRRFX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | Aug 1, 2019 | TRRFX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K6 | -3.42% | Aug 1, 2019 | TRRFX vs FRHMX |
Other Mutual Funds from T. Rowe Price
Most popular T. Rowe Price mutual funds on PortfoliosLab, across asset classes.
Often Compared With TRRFX
What investors most often compare with TRRFX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity Freedom 2030 Fund | Target Retirement Date | 75 | -2.10% | Oct 17, 1996 | TRRFX vs FFFEX | |
| Schwab Target 2010 Index Fund | Target Retirement Date | 73 | -1.67% | Aug 24, 2016 | TRRFX vs SWYAX | |
| T. Rowe Price Target 2005 Fund | Target Retirement Date | 67 | -1.36% | Aug 19, 2013 | TRRFX vs PANRX | |
| Vanguard Wellington Fund Investor Shares | Diversified Portfolio | 66 | -5.26% | Jul 1, 1929 | TRRFX vs VWELX | |
| Vanguard Target Retirement Income Fund | Diversified Portfolio, Target Retirement Date | 83 | -1.40% | Oct 27, 2003 | TRRFX vs VTINX | |
| Vanguard Cash Reserves Federal Money Market Fund A... | Money Market | — | 0.59% | Oct 3, 1989 | TRRFX vs VMRXX | |
| PIMCO Inflation Response Multi-Asset Fund | Diversified Portfolio | 91 | 2.77% | Aug 31, 2001 | TRRFX vs PZRMX | |
| T. Rowe Price Extended Equity Market Index Fund | Mid Cap Growth Equities | 41 | -4.65% | Jan 30, 1998 | TRRFX vs PEXMX |
Compare TRRFX with Any Fund or Stock
Compare TRRFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.