LTFIX vs. PADLX

Last updated Aug 1, 2026

LTFIX (Principal LifeTime 2055 Fund) and PADLX (Putnam Retirement Advantage Maturity Fund) are both Target Retirement Date funds. Over the past 5 years, LTFIX returned 8.75%/yr vs 3.52%/yr for PADLX. Their correlation of 0.83 means they have usually moved in the same direction. LTFIX charges 0.01%/yr vs 0.22%/yr for PADLX.

Performance

LTFIX vs. PADLX - Performance Comparison

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

Returns By Period

In the year-to-date period, LTFIX achieves a 8.75% return, which is significantly higher than PADLX's 4.09% return.

LTFIX

• 1D: 1.71%
• 1M: 0.48%
• 6M: 5.91%
• YTD: 8.75%
• 1Y: 18.10%
• 3Y*: 16.06%
• 5Y*: 8.75%
• 10Y*: 11.24%
• ALL TIME*: 8.34%

PADLX

• 1D: 0.53%
• 1M: -0.35%
• 6M: 2.77%
• YTD: 4.09%
• 1Y: 9.96%
• 3Y*: 9.41%
• 5Y*: 3.52%
• 10Y*: —
• ALL TIME*: 4.64%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LTFIX Principal LifeTime 2055 Fund	$0.00	$0.00	$0.00
PADLX Putnam Retirement Advantage Maturity Fund	$0.00	$0.00	$0.00

LTFIX vs. PADLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LTFIX Principal LifeTime 2055 Fund	8.75%	17.80%	17.28%	20.33%	-18.84%	17.73%	16.47%
PADLX Putnam Retirement Advantage Maturity Fund	4.09%	10.83%	8.34%	11.01%	-12.54%	2.93%	7.84%

Correlation

The correlation between LTFIX and PADLX is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (3Y) Balances recent behavior with more history.	0.82
Correlation (5Y) Shows whether the relationship held over a longer period.	0.82
Correlation (All Time) Calculated using the full available price history since Jan 2, 2020	0.83

The correlation between LTFIX and PADLX has been stable across timeframes, ranging from 0.82 to 0.89 - a consistent structural relationship.

Return for Risk

LTFIX vs. PADLX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LTFIX

LTFIX Risk / Return Rank: 49
LTFIX Sharpe Ratio Rank: 45
LTFIX Sortino Ratio Rank: 44
LTFIX Omega Ratio Rank: 43
LTFIX Calmar Ratio Rank: 51
LTFIX Martin Ratio Rank: 63

PADLX

PADLX Risk / Return Rank: 84
PADLX Sharpe Ratio Rank: 84
PADLX Sortino Ratio Rank: 84
PADLX Omega Ratio Rank: 82
PADLX Calmar Ratio Rank: 82
PADLX Martin Ratio Rank: 88

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LTFIX vs. PADLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Principal LifeTime 2055 Fund (LTFIX) 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.

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.

	LTFIX	PADLX	Difference
Sharpe ratio: Return per unit of total volatility	1.25	2.05	-0.80
Sortino ratio: Return per unit of downside risk	1.79	3.00	-1.20
Omega ratio: Gain probability vs. loss probability	1.23	1.39	-0.16
Calmar ratio: Return relative to maximum drawdown	1.84	2.75	-0.91
Martin ratio: Return relative to average drawdown	7.90	11.56	-3.66

LTFIX vs. PADLX - Sharpe Ratio Comparison

The current LTFIX Sharpe Ratio is 1.25, which is lower than the PADLX Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of LTFIX and PADLX, 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

LTFIX vs. PADLX - Drawdown Comparison

The maximum LTFIX drawdown since its inception was -52.73%, which is greater than PADLX's maximum drawdown of -18.87%. Use the drawdown chart below to compare losses from any high point for LTFIX and PADLX.

Drawdown Indicators

	LTFIX	PADLX	Difference
Max Drawdown Largest peak-to-trough decline	-52.73%	-18.87%	-33.86%
Max Drawdown (1Y) Largest decline over 1 year	-8.71%	-3.63%	-5.08%
Max Drawdown (3Y) Largest decline over 3 years	-15.70%	-6.63%	-9.07%
Max Drawdown (5Y) Largest decline over 5 years	-26.80%	-18.87%	-7.93%
Max Drawdown (10Y) Largest decline over 10 years	-33.50%	—	—
Current Drawdown Current decline from peak	-0.83%	-0.79%	-0.04%
Average Drawdown Average peak-to-trough decline	-7.58%	-4.73%	-2.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	0.86%	+1.17%

Volatility

LTFIX vs. PADLX - Volatility Comparison

Principal LifeTime 2055 Fund (LTFIX) has a higher volatility of 3.49% compared to Putnam Retirement Advantage Maturity Fund (PADLX) at 1.44%. This indicates that LTFIX'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

	LTFIX	PADLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.49%	1.44%	+2.05%
Volatility (6M) Calculated over the trailing 6-month period	10.64%	4.03%	+6.61%
Volatility (1Y) Calculated over the trailing 1-year period	12.88%	4.89%	+7.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.60%	6.70%	+8.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.80%	7.47%	+8.33%

LTFIX vs. PADLX - Expense Ratio Comparison

LTFIX has a 0.01% 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%.

Dividends

LTFIX vs. PADLX - Dividend Comparison

LTFIX's dividend yield for the trailing twelve months is around 8.02%, more than PADLX's 4.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LTFIX Principal LifeTime 2055 Fund	8.02%	8.73%	8.47%	4.17%	8.60%	5.83%	3.91%	6.03%	6.60%	3.51%	3.99%	4.51%
PADLX Putnam Retirement Advantage Maturity Fund	4.65%	5.03%	3.71%	2.91%	1.01%	1.45%	1.66%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LTFIX and PADLX in my portfolio?

LTFIX and PADLX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LTFIX or PADLX?

LTFIX has higher volatility (3.49%) compared to PADLX (1.44%). In terms of maximum drawdown, LTFIX dropped -52.73% vs PADLX's -18.87%.

Which has better risk-adjusted returns?

PADLX currently has the higher Sharpe Ratio (2.05 vs 1.25), 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.