AAEKX vs. LTRIX

Last updated Jun 24, 2026

AAEKX (American Century One Choice Blend+ 2065 Portfolio) and LTRIX (Principal LifeTime 2045 Fund) are both Target Retirement Date funds. Over the past 5 years, AAEKX returned 8.95%/yr vs 8.48%/yr for LTRIX. With a 0.97 correlation, they move nearly in lockstep. AAEKX charges 0.58%/yr vs 0.01%/yr for LTRIX.

Performance

AAEKX vs. LTRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century One Choice Blend+ 2065 Portfolio (AAEKX) and Principal LifeTime 2045 Fund (LTRIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAEKX achieves a 10.61% return, which is significantly higher than LTRIX's 7.81% return.

AAEKX

• 1D: -0.21%
• 1M: 0.85%
• YTD: 10.61%
• 6M: 9.76%
• 1Y: 25.66%
• 3Y*: 18.34%
• 5Y*: 8.95%
• 10Y*: —

LTRIX

• 1D: -0.30%
• 1M: 1.36%
• YTD: 7.81%
• 6M: 7.31%
• 1Y: 19.13%
• 3Y*: 17.18%
• 5Y*: 8.48%
• 10Y*: 11.33%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AAEKX vs. LTRIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AAEKX American Century One Choice Blend+ 2065 Portfolio	10.61%	20.17%	15.20%	16.86%	-16.94%	10.08%
LTRIX Principal LifeTime 2045 Fund	7.81%	16.69%	16.90%	19.40%	-18.51%	12.62%

Correlation

The correlation between AAEKX and LTRIX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.98
Correlation (All Time) Calculated using the full available price history since Mar 10, 2021	0.98

The correlation between AAEKX and LTRIX has been stable across timeframes, ranging from 0.96 to 0.98 - a consistent structural relationship.

Return for Risk

AAEKX vs. LTRIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AAEKX

AAEKX Risk / Return Rank: 62
AAEKX Sharpe Ratio Rank: 63
AAEKX Sortino Ratio Rank: 59
AAEKX Omega Ratio Rank: 59
AAEKX Calmar Ratio Rank: 62
AAEKX Martin Ratio Rank: 69

LTRIX

LTRIX Risk / Return Rank: 46
LTRIX Sharpe Ratio Rank: 43
LTRIX Sortino Ratio Rank: 42
LTRIX Omega Ratio Rank: 43
LTRIX Calmar Ratio Rank: 47
LTRIX Martin Ratio Rank: 58

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AAEKX vs. LTRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century One Choice Blend+ 2065 Portfolio (AAEKX) and Principal LifeTime 2045 Fund (LTRIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AAEKX	LTRIX	Difference
Sharpe ratio: Return per unit of total volatility	2.15	1.77	+0.37
Sortino ratio: Return per unit of downside risk	2.95	2.50	+0.46
Omega ratio: Gain probability vs. loss probability	1.39	1.33	+0.06
Calmar ratio: Return relative to maximum drawdown	2.89	2.50	+0.39
Martin ratio: Return relative to average drawdown	12.51	10.97	+1.55

AAEKX vs. LTRIX - Sharpe Ratio Comparison

The current AAEKX Sharpe Ratio is 2.15, which is comparable to the LTRIX Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of AAEKX and LTRIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AAEKX vs. LTRIX - Drawdown Comparison

The maximum AAEKX drawdown since its inception was -26.14%, smaller than the maximum LTRIX drawdown of -51.39%. Use the drawdown chart below to compare losses from any high point for AAEKX and LTRIX.

Drawdown Indicators

	AAEKX	LTRIX	Difference
Max Drawdown Largest peak-to-trough decline	-26.14%	-51.39%	+25.25%
Max Drawdown (1Y) Largest decline over 1 year	-9.26%	-8.04%	-1.22%
Max Drawdown (3Y) Largest decline over 3 years	-16.11%	-14.47%	-1.64%
Max Drawdown (5Y) Largest decline over 5 years	-26.14%	-26.25%	+0.11%
Max Drawdown (10Y) Largest decline over 10 years	—	-31.56%	—
Current Drawdown Current decline from peak	-0.76%	-0.84%	+0.08%
Average Drawdown Average peak-to-trough decline	-6.50%	-7.18%	+0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	1.83%	+0.30%

Volatility

AAEKX vs. LTRIX - Volatility Comparison

American Century One Choice Blend+ 2065 Portfolio (AAEKX) has a higher volatility of 4.61% compared to Principal LifeTime 2045 Fund (LTRIX) at 4.35%. This indicates that AAEKX's price experiences larger fluctuations and is considered to be riskier than LTRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AAEKX	LTRIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	4.35%	+0.26%
Volatility (6M) Calculated over the trailing 6-month period	10.16%	9.40%	+0.76%
Volatility (1Y) Calculated over the trailing 1-year period	12.49%	11.36%	+1.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.96%	14.68%	+0.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.78%	14.86%	-0.08%

AAEKX vs. LTRIX - Expense Ratio Comparison

AAEKX has a 0.58% expense ratio, which is higher than LTRIX's 0.01% expense ratio.

Dividends

AAEKX vs. LTRIX - Dividend Comparison

AAEKX's dividend yield for the trailing twelve months is around 2.64%, less than LTRIX's 8.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAEKX American Century One Choice Blend+ 2065 Portfolio	2.64%	2.92%	1.96%	1.67%	4.12%	3.08%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
LTRIX Principal LifeTime 2045 Fund	8.63%	9.31%	9.40%	4.25%	8.71%	6.75%	4.62%	6.93%	7.50%	4.57%	4.48%	5.42%

Frequently Asked Questions

Can I hold both AAEKX and LTRIX in my portfolio?

With a correlation of 0.97, AAEKX and LTRIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AAEKX or LTRIX?

AAEKX has higher volatility (4.61%) compared to LTRIX (4.35%). In terms of maximum drawdown, AAEKX dropped -26.14% vs LTRIX's -51.39%.

Which has better risk-adjusted returns?

AAEKX currently has the higher Sharpe Ratio (2.15 vs 1.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.