T. Rowe Price Retirement 2045 Fund (TRRKX) 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 TRRKX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TRRKX
TRRKX charges 0.63% annually. There are 490 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 2020 Fund | 0.01% | — | Feb 2001 | TRRKX vs PLWIX | |
| American Funds 2065 Target Date Retirement Fund | 0.01% | — | Mar 2020 | TRRKX vs FCQTX | |
| Principal LifeTime 2050 Fund | 0.01% | — | Feb 2001 | TRRKX vs PPLIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | TRRKX vs JIEHX | |
| Principal LifeTime 2035 Fund | 0.01% | — | Feb 2008 | TRRKX vs LTIUX |
Best Risk-Adjusted Alternatives to TRRKX
TRRKX has a PortfoliosLab risk / return rank of 34. There are 634 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 | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 86 | — | Dec 2019 | TRRKX vs PADLX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | TRRKX vs FRAMX | |
| State Street Target Retirement Fund | 84 | — | Sep 2014 | TRRKX vs SSFNX | |
| Prudential Day One Income Fund | 82 | — | Dec 2016 | TRRKX vs PDAHX | |
| Dimensional Retirement Income Fund | 81 | — | Nov 2015 | TRRKX vs TDIFX |
Top Performing TRRKX Alternatives (YTD)
TRRKX is at 10.15% YTD. There are 216 mutual funds in the Target Retirement Date category with higher YTD returns, going as high as 1,644,791.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | TRRKX vs FRAMX | |
| USAA Target Retirement 2060 Fund | 12.78% | — | Jul 2013 | TRRKX vs URSIX | |
| Fidelity Flex Freedom Blend 2060 Fund | 12.62% | — | Jun 2017 | TRRKX vs FWLSX | |
| Fidelity Freedom 2065 Fund Class K6 | 12.58% | — | Jun 2019 | TRRKX vs FFSZX | |
| Fidelity Freedom 2055 Fund Class K6 | 12.56% | — | Jun 2011 | TRRKX vs FCTKX |
Lowest Volatility Alternatives to TRRKX
TRRKX has 12.88% 1-year volatility. There are 503 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.51%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.51% | — | Nov 2015 | TRRKX vs TDIFX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.32% | — | Aug 2007 | TRRKX vs FRIMX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.32% | — | Aug 2007 | TRRKX vs FRQIX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | 4.33% | — | Aug 2007 | TRRKX vs FRQAX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.38% | — | Oct 2009 | TRRKX vs FIKFX |
Lowest Drawdown Alternatives to TRRKX
TRRKX has a 1-year max drawdown of -9.49%. There are 529 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 | TRRKX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | TRRKX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | TRRKX vs FFGZX | |
| Fidelity Advisor Managed Retirement 2010 Fund Clas... | -3.43% | — | Aug 2007 | TRRKX vs FRQIX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | -3.44% | — | Aug 2007 | TRRKX vs FRIMX |
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 | 9 | -0.31% | — | Jun 1993 | TRRKX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 49 | 6.88% | — | Jun 1986 | TRRKX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 63 | 10.37% | — | Dec 1992 | TRRKX vs PRDGX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 57 | 10.48% | — | Nov 1994 | TRRKX vs PRCOX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 10 | -0.24% | — | — | TRRKX vs TBCIX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 11 | 0.10% | — | Sep 1985 | TRRKX vs PRWAX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 60 | 10.35% | — | Mar 1990 | TRRKX vs PREIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 12 | 2.14% | — | Oct 2001 | TRRKX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 51 | 23.78% | — | Sep 1987 | TRRKX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 27 | 8.30% | — | Feb 2004 | TRRKX vs TRRJX |
Often Compared With TRRKX
Investors most often compare TRRKX with FXAIX, SPY, VOO. These 20 comparison targets span 6 categories, based on PortfoliosLab usage data.
Compare TRRKX with Any Fund or Stock
Compare TRRKX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TRRKX with funds that move differently
T. Rowe Price Retirement 2045 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TRRKX.
Explore TRRKX Diversifiers