MLFIX vs. URTRX
MLFIX (MFS Lifetime 2040 Fund) and URTRX (USAA Target Retirement 2030 Fund) are both Target Retirement Date funds. Over the past 10 years, MLFIX returned 10.34%/yr vs 7.71%/yr for URTRX. Their 0.97 correlation means they have historically moved very closely together. MLFIX charges 0.00%/yr vs 0.03%/yr for URTRX.
Performance
MLFIX vs. URTRX - Performance Comparison
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Returns By Period
In the year-to-date period, MLFIX achieves a 9.59% return, which is significantly higher than URTRX's 8.39% return. Over the past 10 years, MLFIX has outperformed URTRX with an annualized return of 10.34%, while URTRX has yielded a comparatively lower 7.71% annualized return.
MLFIX
- 1D
- 1.16%
- 1M
- 0.44%
- 6M
- 6.51%
- YTD
- 9.59%
- 1Y
- 16.97%
- 3Y*
- 13.67%
- 5Y*
- 7.79%
- 10Y*
- 10.34%
- ALL TIME*
- 8.06%
URTRX
- 1D
- 0.84%
- 1M
- 0.35%
- 6M
- 6.07%
- YTD
- 8.39%
- 1Y
- 15.94%
- 3Y*
- 11.77%
- 5Y*
- 6.43%
- 10Y*
- 7.71%
- ALL TIME*
- 7.07%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
MLFIX vs. URTRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MLFIX MFS Lifetime 2040 Fund | 9.59% | 15.08% | 12.35% | 16.29% | -15.32% | 18.94% | 13.13% | 26.08% | -7.51% | 20.79% |
URTRX USAA Target Retirement 2030 Fund | 8.39% | 14.78% | 8.09% | 13.98% | -13.23% | 12.23% | 9.25% | 17.13% | -6.98% | 16.14% |
Correlation
The correlation between MLFIX and URTRX is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.96 |
Correlation (3Y) Balances recent behavior with more history. | 0.95 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Jul 31, 2008 | 0.97 |
The correlation between MLFIX and URTRX has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.
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Return for Risk
MLFIX vs. URTRX — Risk / Return Rank
MLFIX
URTRX
MLFIX vs. URTRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MFS Lifetime 2040 Fund (MLFIX) and USAA Target Retirement 2030 Fund (URTRX). 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.
| MLFIX | URTRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.54 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.11 | 2.90 | -0.79 |
| Martin ratioReturn relative to average drawdown | 8.99 | 12.19 | -3.20 |
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Drawdowns
MLFIX vs. URTRX - Drawdown Comparison
The maximum MLFIX drawdown since its inception was -54.99%, which is greater than URTRX's maximum drawdown of -34.10%. Use the drawdown chart below to compare losses from any high point for MLFIX and URTRX.
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Drawdown Indicators
| MLFIX | URTRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.99% | -34.10% | -20.89% |
Max Drawdown (1Y)Largest decline over 1 year | -7.29% | -5.29% | -2.00% |
Max Drawdown (3Y)Largest decline over 3 years | -12.76% | -9.12% | -3.64% |
Max Drawdown (5Y)Largest decline over 5 years | -22.37% | -19.52% | -2.85% |
Max Drawdown (10Y)Largest decline over 10 years | -31.66% | -23.56% | -8.10% |
Current DrawdownCurrent decline from peak | -0.31% | -0.28% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -7.01% | -4.12% | -2.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.71% | 1.25% | +0.46% |
Volatility
MLFIX vs. URTRX - Volatility Comparison
MFS Lifetime 2040 Fund (MLFIX) has a higher volatility of 2.35% compared to USAA Target Retirement 2030 Fund (URTRX) at 2.00%. This indicates that MLFIX's price experiences larger fluctuations and is considered to be riskier than URTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MLFIX | URTRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.35% | 2.00% | +0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 7.75% | 6.61% | +1.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.67% | 7.81% | +1.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.69% | 9.76% | +2.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.85% | 10.31% | +3.54% |
MLFIX vs. URTRX - Expense Ratio Comparison
MLFIX has a 0.00% expense ratio, which is lower than URTRX's 0.03% 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
MLFIX vs. URTRX - Dividend Comparison
MLFIX's dividend yield for the trailing twelve months is around 7.10%, more than URTRX's 6.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLFIX MFS Lifetime 2040 Fund | 7.10% | 7.79% | 5.41% | 3.58% | 6.61% | 8.92% | 3.07% | 5.79% | 6.06% | 3.56% | 6.91% | 2.20% |
URTRX USAA Target Retirement 2030 Fund | 6.25% | 6.78% | 3.16% | 4.24% | 9.53% | 7.66% | 4.53% | 11.43% | 8.54% | 8.10% | 4.06% | 2.80% |
Frequently Asked Questions
With a correlation of 0.96, MLFIX and URTRX 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.
MLFIX has higher volatility (2.35%) compared to URTRX (2.00%). In terms of maximum drawdown, MLFIX dropped -54.99% vs URTRX's -34.10%.
URTRX currently has the higher Sharpe Ratio (1.96 vs 1.59), 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.
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