AABTX vs. PRFDX
AABTX (American Funds 2015 Target Date Retirement Fund) and PRFDX (T. Rowe Price Equity Income Fund) are both mutual funds - AABTX is a Target Retirement Date fund managed by American Funds, while PRFDX is a Dividend fund managed by T. Rowe Price. Over the past 10 years, AABTX returned 6.37%/yr vs 11.96%/yr for PRFDX. Their correlation of 0.87 means they have usually moved in the same direction. AABTX charges 0.33%/yr vs 0.69%/yr for PRFDX.
Performance
AABTX vs. PRFDX - Performance Comparison
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Returns By Period
In the year-to-date period, AABTX achieves a 4.44% return, which is significantly lower than PRFDX's 17.26% return. Over the past 10 years, AABTX has underperformed PRFDX with an annualized return of 6.37%, while PRFDX has yielded a comparatively higher 11.96% annualized return.
AABTX
- 1D
- 0.45%
- 1M
- -0.07%
- 6M
- 2.76%
- YTD
- 4.44%
- 1Y
- 9.85%
- 3Y*
- 9.77%
- 5Y*
- 5.11%
- 10Y*
- 6.37%
- ALL TIME*
- 5.54%
PRFDX
- 1D
- 0.65%
- 1M
- 1.19%
- 6M
- 13.04%
- YTD
- 17.26%
- 1Y
- 28.99%
- 3Y*
- 15.58%
- 5Y*
- 11.23%
- 10Y*
- 11.96%
- ALL TIME*
- 10.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
AABTX vs. PRFDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AABTX American Funds 2015 Target Date Retirement Fund | 4.44% | 13.11% | 8.07% | 9.23% | -10.56% | 9.95% | 9.63% | 14.47% | -2.98% | 10.84% |
PRFDX T. Rowe Price Equity Income Fund | 17.26% | 14.60% | 11.85% | 9.75% | -3.25% | 25.60% | 1.28% | 33.66% | -9.29% | 15.46% |
Correlation
The correlation between AABTX and PRFDX is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.74 |
Correlation (3Y) Balances recent behavior with more history. | 0.73 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.78 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.79 |
Correlation (All Time) Calculated using the full available price history since Feb 2, 2007 | 0.87 |
The correlation between AABTX and PRFDX shifts across timeframes, from 0.73 (3 years) to 0.87 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
AABTX vs. PRFDX — Risk / Return Rank
AABTX
PRFDX
AABTX vs. PRFDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds 2015 Target Date Retirement Fund (AABTX) and T. Rowe Price Equity Income Fund (PRFDX). 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.
| AABTX | PRFDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.56 | ||
| Sortino ratioReturn per unit of downside risk | -0.81 | ||
| Omega ratioGain probability vs. loss probability | 1.34 | 1.43 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.04 | 3.58 | -1.54 |
| Martin ratioReturn relative to average drawdown | 8.75 | 13.67 | -4.92 |
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Drawdowns
AABTX vs. PRFDX - Drawdown Comparison
The maximum AABTX drawdown since its inception was -42.44%, smaller than the maximum PRFDX drawdown of -58.12%. Use the drawdown chart below to compare losses from any high point for AABTX and PRFDX.
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Drawdown Indicators
| AABTX | PRFDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.44% | -58.12% | +15.68% |
Max Drawdown (1Y)Largest decline over 1 year | -4.74% | -7.34% | +2.60% |
Max Drawdown (3Y)Largest decline over 3 years | -5.38% | -14.35% | +8.97% |
Max Drawdown (5Y)Largest decline over 5 years | -16.21% | -18.08% | +1.87% |
Max Drawdown (10Y)Largest decline over 10 years | -16.58% | -39.71% | +23.13% |
Current DrawdownCurrent decline from peak | -0.30% | -0.44% | +0.14% |
Average DrawdownAverage peak-to-trough decline | -4.72% | -6.24% | +1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 1.94% | -0.84% |
Volatility
AABTX vs. PRFDX - Volatility Comparison
The current volatility for American Funds 2015 Target Date Retirement Fund (AABTX) is 1.26%, while T. Rowe Price Equity Income Fund (PRFDX) has a volatility of 2.99%. This indicates that AABTX experiences smaller price fluctuations and is considered to be less risky than PRFDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AABTX | PRFDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.26% | 2.99% | -1.73% |
Volatility (6M)Calculated over the trailing 6-month period | 4.39% | 8.32% | -3.93% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.36% | 11.13% | -5.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.97% | 14.84% | -7.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.24% | 17.78% | -10.54% |
AABTX vs. PRFDX - Expense Ratio Comparison
AABTX has a 0.33% expense ratio, which is lower than PRFDX's 0.69% expense ratio.
Dividends
AABTX vs. PRFDX - Dividend Comparison
AABTX's dividend yield for the trailing twelve months is around 7.24%, more than PRFDX's 2.25% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AABTX American Funds 2015 Target Date Retirement Fund | 7.24% | 7.57% | 5.27% | 3.52% | 3.72% | 4.95% | 4.07% | 4.05% | 4.28% | 2.71% | 3.02% | 5.56% |
PRFDX T. Rowe Price Equity Income Fund | 2.25% | 2.76% | 8.91% | 6.19% | 6.61% | 8.78% | 3.55% | 12.53% | 11.43% | 8.97% | 7.75% | 7.48% |
Frequently Asked Questions
AABTX and PRFDX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRFDX has higher volatility (2.99%) compared to AABTX (1.26%). In terms of maximum drawdown, AABTX dropped -42.44% vs PRFDX's -58.12%.
PRFDX currently has the higher Sharpe Ratio (2.36 vs 1.80), 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.
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