Target-date funds (TDFs) are a type of mutual funds that periodically rebalance its asset class mix to optimize risk and return according to a predetermined year in the future. They have become an essential tool within several retirement portfolios.
In order to help you better understand how different TDFs have been perfoming recently, we have compiled this list of top performing TDFs.
Check out our complete list of Target Date Funds here.
Top 30 Target-Date Funds
We list out the top 30 target-date funds based on their trailing 1-year total returns. Funds with atleast $100 million in assets and a track record of more than 1 year have been considered to ensure quality.
Note that we have considered only funds that are currently open to retail investors or advisors. Since most funds have multiple share classes, we have considered only 1 relevant share class of a fund. Funds that are only reserved for retirement accounts, institutional clients or other specific purpose have not been considered here.
| TIcker | Name | Net Assets ($ Mn) | Net Expense Ratio | 1-year Ret |
| FFFGX | Fidelity Freedom 2045 Fund | 19,500 | 0.75% | 45.18% |
| FFFFX | Fidelity Freedom 2040 Fund | 29,800 | 0.75% | 45.12% |
| FDEEX | Fidelity Freedom 2055 Fund | 8,770 | 0.75% | 45.11% |
| FFFHX | Fidelity Freedom 2050 Fund | 17,200 | 0.75% | 45.10% |
| TRRNX | T. Rowe Price Retirement 2055 Fund | 4,710 | 0.71% | 42.61% |
| TRRKX | T. Rowe Price Retirement 2045 Fund | 9,760 | 0.71% | 42.57% |
| PARFX | T. Rowe Price Retirement 2050 Fund | 8,540 | 0.96% | 42.25% |
| LIVAX | BlackRock LifePath® Index 2055 Inv A | 2,830 | 0.39% | 42.00% |
| IASPX | Voya Solution 2055 Port ADV | 175 | 0.78% | 41.90% |
| MMARX | MassMutual RetireSMART by JPMorgan 2050 Fund | 221 | 1.10% | 41.68% |
| MMKAX | MassMutual RetireSMART by JPMorgan 2045 Fund | 165 | 1.10% | 41.63% |
| MXXLX | Great-West Lifetime 2055 Fund | 497 | 1.03% | 41.53% |
| MXBOX | Great-West Lifetime 2050 Fund | 158 | 0.92% | 41.40% |
| MURNX | Mutual of America 2050 Retirement Fund | 629 | 0.34% | 41.31% |
| PAFTX | T. Rowe Price Target 2055 Fund | 153 | 0.96% | 41.14% |
| SWORX | Schwab Target 2055 Fund | 147 | 0.72% | 41.02% |
| TTRHX | TIAA-CREF Lifecycle 2055 Advisor | 1,420 | 0.53% | 41.00% |
| ISRAX | Voya Solution 2045 Portfolio ADV | 523 | 1.25% | 40.90% |
| JLIAX | John Hancock Funds II Multimanager 2040 Lifetime Portfolio | 1,090 | 1.01% | 40.86% |
| TFTHX | TIAA-CREF Lifecycle 2050 Advisor | 3,380 | 0.53% | 40.60% |
| TRRDX | T. Rowe Price Retirement 2040 Fund | 16,500 | 0.69% | 40.35% |
| FFTHX | Fidelity Freedom 2035 Fund | 29,400 | 0.72% | 40.21% |
| MXRLX | Great-West Lifetime 2045 Fund | 1,030 | 1.02% | 40.12% |
| MURMX | Mutual of America 2045 Retirement Fund | 842 | 0.34% | 39.86% |
| SWNRX | Schwab Target 2050 Fund | 224 | 0.70% | 39.84% |
| TTFHX | TIAA-CREF Lifecycle 2045 Fund | 4,640 | 0.53% | 39.60% |
| PAOFX | T. Rowe Price Target 2050 Advisor | 228 | 0.96% | 39.53% |
| IISAX | Voya Index Solution 2055 Portfolio ADV | 553 | 0.89% | 38.80% |
| TTIHX | TIAA-CREF Lifecycle Index 2055 Advisor | 1,770 | 0.20% | 39.00% |
| IDXPX | Voya Index Solution 2050 Portfolio ADV | 523 | 0.89% | 38.20% |
Data as of July 5, 2021
