RFGTX vs. URTRX

Last updated Aug 1, 2026

RFGTX (American Funds 2040 Target Date Retirement Fund Class R6) and URTRX (USAA Target Retirement 2030 Fund) are both Target Retirement Date funds. Over the past 10 years, RFGTX returned 11.39%/yr vs 7.71%/yr for URTRX. Their 0.96 correlation means they have historically moved very closely together. RFGTX charges 0.36%/yr vs 0.03%/yr for URTRX.

Performance

RFGTX vs. URTRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds 2040 Target Date Retirement Fund Class R6 (RFGTX) and USAA Target Retirement 2030 Fund (URTRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RFGTX achieves a 7.61% return, which is significantly lower than URTRX's 8.39% return. Over the past 10 years, RFGTX has outperformed URTRX with an annualized return of 11.39%, while URTRX has yielded a comparatively lower 7.71% annualized return.

RFGTX

• 1D: 1.38%
• 1M: -1.11%
• 6M: 4.97%
• YTD: 7.61%
• 1Y: 16.85%
• 3Y*: 15.56%
• 5Y*: 8.79%
• 10Y*: 11.39%
• ALL TIME*: 10.74%

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%

*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)
RFGTX American Funds 2040 Target Date Retirement Fund Class R6	$0.00	$0.00	$0.00
URTRX USAA Target Retirement 2030 Fund	$0.00	$0.00	$0.00

RFGTX vs. URTRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RFGTX American Funds 2040 Target Date Retirement Fund Class R6	7.61%	19.52%	14.80%	19.33%	-17.53%	16.88%	18.79%	24.37%	-5.51%	21.98%
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 RFGTX and URTRX is 0.95 - 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.	0.95
Correlation (3Y) Balances recent behavior with more history.	0.94
Correlation (5Y) Shows whether the relationship held over a longer period.	0.95
Correlation (10Y) Provides a long-term view across more market conditions.	0.96
Correlation (All Time) Calculated using the full available price history since Jan 4, 2010	0.96

The correlation between RFGTX and URTRX has been stable across timeframes, ranging from 0.94 to 0.96 - a consistent structural relationship.

Return for Risk

RFGTX vs. URTRX — Risk / Return Rank

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

RFGTX

RFGTX Risk / Return Rank: 54
RFGTX Sharpe Ratio Rank: 54
RFGTX Sortino Ratio Rank: 53
RFGTX Omega Ratio Rank: 53
RFGTX Calmar Ratio Rank: 49
RFGTX Martin Ratio Rank: 62

URTRX

URTRX Risk / Return Rank: 84
URTRX Sharpe Ratio Rank: 83
URTRX Sortino Ratio Rank: 82
URTRX Omega Ratio Rank: 80
URTRX Calmar Ratio Rank: 85
URTRX Martin Ratio Rank: 90

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.

RFGTX vs. URTRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds 2040 Target Date Retirement Fund Class R6 (RFGTX) 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.

	RFGTX	URTRX	Difference
Sharpe ratio: Return per unit of total volatility	1.38	1.96	-0.59
Sortino ratio: Return per unit of downside risk	1.98	2.82	-0.84
Omega ratio: Gain probability vs. loss probability	1.25	1.37	-0.11
Calmar ratio: Return relative to maximum drawdown	1.83	2.90	-1.06
Martin ratio: Return relative to average drawdown	7.95	12.19	-4.25

RFGTX vs. URTRX - Sharpe Ratio Comparison

The current RFGTX Sharpe Ratio is 1.38, which is comparable to the URTRX Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of RFGTX and URTRX, 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

RFGTX vs. URTRX - Drawdown Comparison

The maximum RFGTX drawdown since its inception was -28.52%, smaller than the maximum URTRX drawdown of -34.10%. Use the drawdown chart below to compare losses from any high point for RFGTX and URTRX.

Drawdown Indicators

	RFGTX	URTRX	Difference
Max Drawdown Largest peak-to-trough decline	-28.52%	-34.10%	+5.58%
Max Drawdown (1Y) Largest decline over 1 year	-8.39%	-5.29%	-3.10%
Max Drawdown (3Y) Largest decline over 3 years	-13.48%	-9.12%	-4.36%
Max Drawdown (5Y) Largest decline over 5 years	-24.85%	-19.52%	-5.33%
Max Drawdown (10Y) Largest decline over 10 years	-28.52%	-23.56%	-4.96%
Current Drawdown Current decline from peak	-1.74%	-0.28%	-1.46%
Average Drawdown Average peak-to-trough decline	-3.88%	-4.12%	+0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.93%	1.25%	+0.68%

Volatility

RFGTX vs. URTRX - Volatility Comparison

American Funds 2040 Target Date Retirement Fund Class R6 (RFGTX) has a higher volatility of 2.89% compared to USAA Target Retirement 2030 Fund (URTRX) at 2.00%. This indicates that RFGTX'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.

Volatility by Period

	RFGTX	URTRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.89%	2.00%	+0.89%
Volatility (6M) Calculated over the trailing 6-month period	9.04%	6.61%	+2.43%
Volatility (1Y) Calculated over the trailing 1-year period	11.16%	7.81%	+3.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.38%	9.76%	+3.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.06%	10.31%	+3.75%

RFGTX vs. URTRX - Expense Ratio Comparison

RFGTX has a 0.36% expense ratio, which is higher than URTRX's 0.03% expense ratio.

Dividends

RFGTX vs. URTRX - Dividend Comparison

RFGTX's dividend yield for the trailing twelve months is around 5.78%, less than URTRX's 6.25% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
RFGTX American Funds 2040 Target Date Retirement Fund Class R6	5.78%	6.22%	3.80%	2.81%	6.71%	5.22%	3.53%	4.59%	5.29%	2.70%	3.88%	5.43%
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

Can I hold both RFGTX and URTRX in my portfolio?

With a correlation of 0.95, RFGTX 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.

Which is riskier, RFGTX or URTRX?

RFGTX has higher volatility (2.89%) compared to URTRX (2.00%). In terms of maximum drawdown, RFGTX dropped -28.52% vs URTRX's -34.10%.

Which has better risk-adjusted returns?

URTRX currently has the higher Sharpe Ratio (1.96 vs 1.38), 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.