MURLX vs. LTIUX

Last updated Jun 4, 2026

MURLX (Mutual of America 2040 Retirement Fund) and LTIUX (Principal LifeTime 2035 Fund) are both Target Retirement Date funds. Over the past 5 years, MURLX returned 7.64%/yr vs 7.01%/yr for LTIUX. Their correlation of 0.82 suggests significant overlap in exposure. MURLX charges 0.08%/yr vs 0.01%/yr for LTIUX.

Performance

MURLX vs. LTIUX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mutual of America 2040 Retirement Fund (MURLX) and Principal LifeTime 2035 Fund (LTIUX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MURLX achieves a 8.57% return, which is significantly higher than LTIUX's 6.70% return.

MURLX

• 1D: 0.30%
• 1M: 3.75%
• YTD: 8.57%
• 6M: 9.09%
• 1Y: 21.57%
• 3Y*: 15.43%
• 5Y*: 7.64%
• 10Y*: —

LTIUX

• 1D: 0.28%
• 1M: 3.36%
• YTD: 6.70%
• 6M: 6.91%
• 1Y: 17.03%
• 3Y*: 14.87%
• 5Y*: 7.01%
• 10Y*: 9.59%

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

MURLX vs. LTIUX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
MURLX Mutual of America 2040 Retirement Fund	8.57%	17.01%	13.28%	14.86%	-15.95%	16.84%	889.04%
LTIUX Principal LifeTime 2035 Fund	6.70%	14.26%	14.13%	16.51%	-17.48%	14.07%	14.94%

Correlation

The correlation between MURLX and LTIUX is 0.87, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.89
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (All Time) Calculated using the full available price history since Jan 3, 2020	0.82

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

Return for Risk

MURLX vs. LTIUX — Risk / Return Rank

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

MURLX

MURLX Risk / Return Rank: 67
MURLX Sharpe Ratio Rank: 63
MURLX Sortino Ratio Rank: 68
MURLX Omega Ratio Rank: 59
MURLX Calmar Ratio Rank: 68
MURLX Martin Ratio Rank: 79

LTIUX

LTIUX Risk / Return Rank: 50
LTIUX Sharpe Ratio Rank: 47
LTIUX Sortino Ratio Rank: 48
LTIUX Omega Ratio Rank: 49
LTIUX Calmar Ratio Rank: 49
LTIUX Martin Ratio Rank: 59

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.

MURLX vs. LTIUX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mutual of America 2040 Retirement Fund (MURLX) and Principal LifeTime 2035 Fund (LTIUX). 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.

	MURLX	LTIUX	Difference
Sharpe ratio: Return per unit of total volatility	2.34	2.03	+0.31
Sortino ratio: Return per unit of downside risk	3.47	2.91	+0.56
Omega ratio: Gain probability vs. loss probability	1.43	1.38	+0.05
Calmar ratio: Return relative to maximum drawdown	3.17	2.66	+0.51
Martin ratio: Return relative to average drawdown	14.86	11.84	+3.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MURLX vs. LTIUX - Sharpe Ratio Comparison

The current MURLX Sharpe Ratio is 2.34, which is comparable to the LTIUX Sharpe Ratio of 2.03. The chart below compares the historical Sharpe Ratios of MURLX and LTIUX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MURLX	LTIUX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.34	2.03	+0.31
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.60	-0.06
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.77	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.16	0.48	-0.32

Drawdowns

MURLX vs. LTIUX - Drawdown Comparison

The maximum MURLX drawdown since its inception was -31.54%, smaller than the maximum LTIUX drawdown of -49.65%. Use the drawdown chart below to compare losses from any high point for MURLX and LTIUX.

Drawdown Indicators

	MURLX	LTIUX	Difference
Max Drawdown Largest peak-to-trough decline	-31.54%	-49.65%	+18.11%
Max Drawdown (1Y) Largest decline over 1 year	-7.75%	-6.57%	-1.18%
Max Drawdown (3Y) Largest decline over 3 years	-13.69%	-11.08%	-2.61%
Max Drawdown (5Y) Largest decline over 5 years	-23.06%	-24.23%	+1.17%
Max Drawdown (10Y) Largest decline over 10 years	—	-28.12%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.41%	-6.71%	+1.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.58%	1.47%	+0.11%

Volatility

MURLX vs. LTIUX - Volatility Comparison

Mutual of America 2040 Retirement Fund (MURLX) has a higher volatility of 2.98% compared to Principal LifeTime 2035 Fund (LTIUX) at 2.62%. This indicates that MURLX's price experiences larger fluctuations and is considered to be riskier than LTIUX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MURLX	LTIUX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.98%	2.62%	+0.36%
Volatility (6M) Calculated over the trailing 6-month period	8.46%	6.96%	+1.50%
Volatility (1Y) Calculated over the trailing 1-year period	10.51%	8.62%	+1.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.02%	11.83%	+4.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	382.12%	12.49%	+369.63%

MURLX vs. LTIUX - Expense Ratio Comparison

MURLX has a 0.08% expense ratio, which is higher than LTIUX's 0.01% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

MURLX vs. LTIUX - Dividend Comparison

MURLX's dividend yield for the trailing twelve months is around 7.94%, less than LTIUX's 8.46% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LTIUX Principal LifeTime 2035 Fund	8.46%	9.03%	9.46%	4.17%	7.50%	7.06%	5.35%	7.28%	7.75%	5.46%	4.28%	5.59%
MURLX Mutual of America 2040 Retirement Fund	7.94%	8.62%	8.02%	3.04%	11.39%	4.17%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both MURLX and LTIUX in my portfolio?

MURLX and LTIUX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MURLX or LTIUX?

MURLX has higher volatility (2.98%) compared to LTIUX (2.62%). In terms of maximum drawdown, MURLX dropped -31.54% vs LTIUX's -49.65%.

Which has better risk-adjusted returns?

MURLX currently has the higher Sharpe Ratio (2.34 vs 2.03), 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.