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2007-2018 Performance of Aggressive vs, Conservative Target Date Funds (PDF)
Target Date Solutions Link to more items from this source
Apr. 11, 2019

"Given the disproportionate history of gains over losses you'd expect aggressive TDFs to outperform less aggressive offerings, and this is certainly true for long-dated versus short-dated funds. 2050 funds have outperformed 2010 funds by a lot.... Have aggressive 2010 funds outperformed conservative 2010 funds? Have aggressive 2050 funds outperformed conservative 2050 funds? You'd think the answer to these questions would be 'Yes' but the results might surprise you."

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