T. Rowe Price Retirement 2060 Fund (TRRLX) 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 TRRLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to TRRLX
TRRLX charges 0.64% annually. There are 492 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 2040 Fund | 0.01% | — | Feb 2001 | TRRLX vs PTDIX | |
| John Hancock Funds Multi-Index 2060 Lifetime Portf... | 0.01% | — | Mar 2016 | TRRLX vs JIEHX | |
| Principal LifeTime 2055 Fund | 0.01% | — | Feb 2008 | TRRLX vs LTFIX | |
| Principal LifeTime 2030 Fund | 0.01% | — | Feb 2001 | TRRLX vs PMTIX | |
| Principal LifeTime 2045 Fund | 0.01% | — | Feb 2008 | TRRLX vs LTRIX |
Best Risk-Adjusted Alternatives to TRRLX
TRRLX has a PortfoliosLab risk / return rank of 33. There are 653 mutual funds in the Target Retirement Date category with higher risk-adjusted ranks, going as high as 85.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Putnam Retirement Advantage Maturity Fund | 85 | — | Dec 2019 | TRRLX vs PADLX | |
| Fidelity Managed Retirement 2020 Fund | 85 | — | Dec 2007 | TRRLX vs FIRVX | |
| Fidelity Managed Retirement Income Fund Class K | 85 | — | Aug 2019 | TRRLX vs FRKMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 85 | — | Aug 2019 | TRRLX vs FRHMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 85 | — | Aug 2007 | TRRLX vs FRAMX |
Top Performing TRRLX Alternatives (YTD)
TRRLX is at 9.32% YTD. There are 208 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 | TRRLX vs FRKMX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 1,644,791.35% | — | Aug 2007 | TRRLX vs FRAMX | |
| Fidelity Managed Retirement Income Fund Class K6 | 1,464,383.96% | — | Aug 2019 | TRRLX vs FRHMX | |
| Fidelity Managed Retirement 2020 Fund | 1,440,933.92% | — | Dec 2007 | TRRLX vs FIRVX | |
| Fidelity Freedom 2065 Fund Class K6 | 12.32% | — | Jun 2019 | TRRLX vs FFSZX |
Lowest Volatility Alternatives to TRRLX
TRRLX has 13.34% 1-year volatility. There are 559 mutual funds in the Target Retirement Date category with lower 1-year volatility, going as low as 3.59%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dimensional Retirement Income Fund | 3.59% | — | Nov 2015 | TRRLX vs TDIFX | |
| MFS Lifetime 2025 Fund | 4.18% | — | Nov 2012 | TRRLX vs LTTIX | |
| Fidelity Freedom Index Income Fund Investor Class | 4.32% | — | Oct 2009 | TRRLX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | 4.34% | — | Oct 2009 | TRRLX vs FFGZX | |
| Fidelity Advisor Managed Retirement Income Fund Cl... | 4.34% | — | Aug 2007 | TRRLX vs FRIMX |
Lowest Drawdown Alternatives to TRRLX
TRRLX has a 1-year max drawdown of -9.82%. There are 639 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 | TRRLX vs TDIFX | |
| Fidelity Freedom Index Income Fund Investor Class | -3.32% | — | Oct 2009 | TRRLX vs FIKFX | |
| Fidelity Freedom Index Income Fund Institutional P... | -3.33% | — | Oct 2009 | TRRLX vs FFGZX | |
| Fidelity Managed Retirement 2010 Fund Class K6 | -3.41% | — | Aug 2019 | TRRLX vs FRQHX | |
| Fidelity Managed Retirement Income Fund Class K | -3.42% | — | Aug 2019 | TRRLX vs FRKMX |
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 | -1.77% | — | Jun 1993 | TRRLX vs TRBCX | |
| T. Rowe Price Capital Appreciation Fund | Diversified Portfolio | 37 | 4.42% | — | Jun 1986 | TRRLX vs PRWCX | |
| T. Rowe Price Dividend Growth Fund, Inc. | Large Cap Blend Equities, Dividend | 48 | 8.16% | — | Dec 1992 | TRRLX vs PRDGX | |
| T. Rowe Price All-Cap Opportunities Fund | Large Cap Growth Equities | 10 | -1.30% | — | Sep 1985 | TRRLX vs PRWAX | |
| T. Rowe Price U.S. Equity Research Fund | Large Cap Blend Equities | 53 | 8.64% | — | Nov 1994 | TRRLX vs PRCOX | |
| T. Rowe Price Blue Chip Growth Fund I Class | Large Cap Growth Equities | 10 | -1.70% | — | — | TRRLX vs TBCIX | |
| T. Rowe Price Equity Index 500 Fund | Large Cap Blend Equities | 54 | 8.00% | — | Mar 1990 | TRRLX vs PREIX | |
| T. Rowe Price Large-Cap Growth Fund | Large Cap Growth Equities | 10 | -1.11% | — | Oct 2001 | TRRLX vs TRLGX | |
| T. Rowe Price Science And Technology Fund | Technology Equities | 77 | 33.11% | — | Sep 1987 | TRRLX vs PRSCX | |
| T. Rowe Price Retirement 2035 Fund | Target Retirement Date | 26 | 7.57% | — | Feb 2004 | TRRLX vs TRRJX |
Often Compared With TRRLX
Investors most often compare TRRLX with VOO, PDAHX, FISNX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare TRRLX with Any Fund or Stock
Compare TRRLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair TRRLX with funds that move differently
T. Rowe Price Retirement 2060 Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TRRLX.
Explore TRRLX Diversifiers