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T. Rowe Price Retirement 2045 Fund (TRRKX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US74149P7621

CUSIP

74149P762

Issuer

T. Rowe Price

Inception Date

May 30, 2005

Min. Investment

$2,500

Asset Class

Multi-Asset

Asset Class Size

Large-Cap

Asset Class Style

Blend

Expense Ratio

TRRKX features an expense ratio of 0.63%, falling within the medium range.


Expense ratio chart for TRRKX: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
TRRKX vs. AAHTX TRRKX vs. VOO TRRKX vs. SWMRX TRRKX vs. FXAIX TRRKX vs. TRPKX TRRKX vs. SWERX TRRKX vs. VTI TRRKX vs. SCHD TRRKX vs. VFIAX TRRKX vs. SPY
Popular comparisons:
TRRKX vs. AAHTX TRRKX vs. VOO TRRKX vs. SWMRX TRRKX vs. FXAIX TRRKX vs. TRPKX TRRKX vs. SWERX TRRKX vs. VTI TRRKX vs. SCHD TRRKX vs. VFIAX TRRKX vs. SPY

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Retirement 2045 Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


320.00%340.00%360.00%380.00%400.00%JulyAugustSeptemberOctoberNovemberDecember
358.95%
389.76%
TRRKX (T. Rowe Price Retirement 2045 Fund)
Benchmark (^GSPC)

Returns By Period

T. Rowe Price Retirement 2045 Fund had a return of 12.15% year-to-date (YTD) and 12.89% in the last 12 months. Over the past 10 years, T. Rowe Price Retirement 2045 Fund had an annualized return of 8.63%, while the S&P 500 had an annualized return of 11.06%, indicating that T. Rowe Price Retirement 2045 Fund did not perform as well as the benchmark.


TRRKX

YTD

12.15%

1M

-3.87%

6M

2.43%

1Y

12.89%

5Y*

8.57%

10Y*

8.63%

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of TRRKX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.00%4.47%3.56%-3.43%3.94%1.02%2.11%2.29%1.49%-2.12%4.10%12.15%
20236.95%-2.71%2.11%1.25%-0.97%5.60%3.55%-2.53%-4.03%-2.76%8.14%5.17%20.52%
2022-5.39%-2.48%1.04%-7.97%0.15%-7.54%6.46%-3.75%-8.54%5.90%7.28%-4.26%-19.03%
2021-0.14%3.72%2.25%4.14%1.25%1.11%0.51%2.52%-3.76%4.68%-2.88%1.75%15.80%
2020-0.70%-6.42%-14.24%10.84%5.20%3.08%5.07%5.20%-2.75%-1.10%11.45%4.53%18.64%
20198.05%2.66%1.21%3.02%-5.08%6.00%0.49%-1.37%1.11%1.64%2.70%3.03%25.41%
20185.03%-3.40%-1.01%0.32%0.65%0.00%2.14%0.78%-0.26%-6.71%1.84%-6.65%-7.66%
20172.82%2.80%1.27%1.97%2.05%0.69%2.45%0.50%1.55%2.02%1.77%0.54%22.42%
2016-5.80%-0.35%6.68%0.92%0.85%-0.52%4.10%0.56%0.87%-1.73%1.07%1.27%7.68%
2015-0.87%5.11%-0.66%1.45%0.83%-1.83%0.96%-5.78%-3.41%6.74%-0.25%-1.56%0.11%
2014-2.63%4.67%-0.57%-0.00%2.53%2.04%-1.63%2.76%-2.87%1.97%1.33%-1.30%6.16%
20134.17%0.38%2.41%1.84%1.15%-2.14%4.88%-2.02%5.11%3.85%1.75%2.23%25.95%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of TRRKX is 72, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of TRRKX is 7272
Overall Rank
The Sharpe Ratio Rank of TRRKX is 6969
Sharpe Ratio Rank
The Sortino Ratio Rank of TRRKX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of TRRKX is 6666
Omega Ratio Rank
The Calmar Ratio Rank of TRRKX is 8080
Calmar Ratio Rank
The Martin Ratio Rank of TRRKX is 7575
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for T. Rowe Price Retirement 2045 Fund (TRRKX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for TRRKX, currently valued at 1.30, compared to the broader market-1.000.001.002.003.004.001.302.10
The chart of Sortino ratio for TRRKX, currently valued at 1.80, compared to the broader market-2.000.002.004.006.008.0010.001.802.80
The chart of Omega ratio for TRRKX, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.003.501.241.39
The chart of Calmar ratio for TRRKX, currently valued at 1.77, compared to the broader market0.002.004.006.008.0010.0012.0014.001.773.09
The chart of Martin ratio for TRRKX, currently valued at 8.08, compared to the broader market0.0020.0040.0060.008.0813.49
TRRKX
^GSPC

The current T. Rowe Price Retirement 2045 Fund Sharpe ratio is 1.30. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of T. Rowe Price Retirement 2045 Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.30
2.10
TRRKX (T. Rowe Price Retirement 2045 Fund)
Benchmark (^GSPC)

Dividends

Dividend History

T. Rowe Price Retirement 2045 Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share. The fund has been increasing its distributions for 2 consecutive years.


0.60%0.80%1.00%1.20%1.40%1.60%$0.00$0.05$0.10$0.15$0.20$0.25$0.3020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.00$0.27$0.22$0.15$0.16$0.29$0.25$0.23$0.21$0.21$0.22$0.16

Dividend yield

0.00%1.36%1.27%0.66%0.76%1.57%1.60%1.25%1.34%1.39%1.38%1.02%

Monthly Dividends

The table displays the monthly dividend distributions for T. Rowe Price Retirement 2045 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.27$0.27
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.22$0.22
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.15$0.15
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.16$0.16
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.29$0.29
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.25$0.25
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.23$0.23
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.21$0.21
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.21$0.21
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.22$0.22
2013$0.16$0.16

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.86%
-2.62%
TRRKX (T. Rowe Price Retirement 2045 Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the T. Rowe Price Retirement 2045 Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the T. Rowe Price Retirement 2045 Fund was 53.54%, occurring on Mar 9, 2009. Recovery took 536 trading sessions.

The current T. Rowe Price Retirement 2045 Fund drawdown is 5.86%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-53.54%Oct 15, 2007351Mar 9, 2009536Apr 21, 2011887
-32.48%Feb 20, 202023Mar 23, 202099Aug 12, 2020122
-28.75%Nov 17, 2021229Oct 14, 2022352Mar 12, 2024581
-20.87%May 2, 2011108Oct 3, 2011111Mar 13, 2012219
-17.14%May 22, 2015183Feb 11, 2016143Sep 6, 2016326

Volatility

Volatility Chart

The current T. Rowe Price Retirement 2045 Fund volatility is 3.39%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
3.39%
3.79%
TRRKX (T. Rowe Price Retirement 2045 Fund)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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