LIVKX vs. PADLX

Last updated Apr 2, 2026

Compare and contrast key facts about BlackRock LifePath Index 2055 Class K (LIVKX) and Putnam Retirement Advantage Maturity Fund (PADLX).

LIVKX is a passively managed fund by BlackRock that tracks the performance of the BlackRock LifePath Index 2055 Custom Benchmark. It was launched on May 31, 2011. PADLX is managed by Putnam. It was launched on Dec 30, 2019.

Performance

LIVKX vs. PADLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock LifePath Index 2055 Class K (LIVKX) and Putnam Retirement Advantage Maturity Fund (PADLX). The values are adjusted to include any dividend payments, if applicable.

LIVKX vs. PADLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LIVKX BlackRock LifePath Index 2055 Class K	-1.30%	21.57%	13.65%	21.61%	-18.33%	18.87%	14.04%
PADLX Putnam Retirement Advantage Maturity Fund	-0.28%	10.83%	8.34%	11.01%	-12.54%	2.93%	7.84%

Returns By Period

In the year-to-date period, LIVKX achieves a -1.30% return, which is significantly lower than PADLX's -0.28% return.

LIVKX

• 1D: 3.07%
• 1M: -5.50%
• YTD: -1.30%
• 6M: 1.24%
• 1Y: 20.95%
• 3Y*: 15.77%
• 5Y*: 8.57%
• 10Y*: 10.82%

PADLX

• 1D: 0.55%
• 1M: -2.39%
• YTD: -0.28%
• 6M: 1.83%
• 1Y: 9.84%
• 3Y*: 8.76%
• 5Y*: 3.42%
• 10Y*: —

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

LIVKX vs. PADLX - Expense Ratio Comparison

LIVKX has a 0.09% expense ratio, which is lower than PADLX's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

PADLX

Putnam Retirement Advantage Maturity Fund

LIVKX

BlackRock LifePath Index 2055 Class K

Return for Risk

LIVKX vs. PADLX — Risk / Return Rank

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

LIVKX

LIVKX Risk / Return Rank: 67
LIVKX Sharpe Ratio Rank: 62
LIVKX Sortino Ratio Rank: 65
LIVKX Omega Ratio Rank: 65
LIVKX Calmar Ratio Rank: 67
LIVKX Martin Ratio Rank: 76

PADLX

PADLX Risk / Return Rank: 85
PADLX Sharpe Ratio Rank: 86
PADLX Sortino Ratio Rank: 86
PADLX Omega Ratio Rank: 85
PADLX Calmar Ratio Rank: 82
PADLX Martin Ratio Rank: 86

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.

LIVKX vs. PADLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index 2055 Class K (LIVKX) and Putnam Retirement Advantage Maturity Fund (PADLX). 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.

	LIVKX	PADLX	Difference
Sharpe ratio Return per unit of total volatility	1.25	1.75	-0.50
Sortino ratio Return per unit of downside risk	1.85	2.46	-0.61
Omega ratio Gain probability vs. loss probability	1.28	1.37	-0.09
Calmar ratio Return relative to maximum drawdown	1.81	2.23	-0.42
Martin ratio Return relative to average drawdown	8.48	9.78	-1.29
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LIVKX vs. PADLX - Sharpe Ratio Comparison

The current LIVKX Sharpe Ratio is 1.25, which is comparable to the PADLX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of LIVKX and PADLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LIVKX	PADLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.25	1.75	-0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.52	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.55	+0.04

Correlation

The correlation between LIVKX and PADLX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

LIVKX vs. PADLX - Dividend Comparison

LIVKX's dividend yield for the trailing twelve months is around 2.56%, less than PADLX's 4.74% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LIVKX BlackRock LifePath Index 2055 Class K	2.56%	2.53%	0.01%	2.08%	2.02%	2.08%	1.61%	3.00%	2.40%	2.31%	1.57%	2.93%
PADLX Putnam Retirement Advantage Maturity Fund	4.74%	5.03%	3.71%	2.91%	1.01%	1.45%	1.66%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

LIVKX vs. PADLX - Drawdown Comparison

The maximum LIVKX drawdown since its inception was -34.39%, which is greater than PADLX's maximum drawdown of -18.87%. Use the drawdown chart below to compare losses from any high point for LIVKX and PADLX.

Drawdown Indicators

	LIVKX	PADLX	Difference
Max Drawdown Largest peak-to-trough decline	-34.39%	-18.87%	-15.52%
Max Drawdown (1Y) Largest decline over 1 year	-11.86%	-4.65%	-7.21%
Max Drawdown (5Y) Largest decline over 5 years	-26.44%	-18.87%	-7.57%
Max Drawdown (10Y) Largest decline over 10 years	-34.39%	—	—
Current Drawdown Current decline from peak	-6.66%	-2.93%	-3.73%
Average Drawdown Average peak-to-trough decline	-4.55%	-4.95%	+0.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.53%	1.06%	+1.47%

Volatility

LIVKX vs. PADLX - Volatility Comparison

BlackRock LifePath Index 2055 Class K (LIVKX) has a higher volatility of 6.29% compared to Putnam Retirement Advantage Maturity Fund (PADLX) at 2.05%. This indicates that LIVKX's price experiences larger fluctuations and is considered to be riskier than PADLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LIVKX	PADLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.29%	2.05%	+4.24%
Volatility (6M) Calculated over the trailing 6-month period	9.78%	3.27%	+6.51%
Volatility (1Y) Calculated over the trailing 1-year period	17.15%	5.82%	+11.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.78%	6.63%	+9.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.67%	7.56%	+9.11%