BIGPX vs. TRRCX
Compare and contrast key facts about BlackRock 60/40 Target Allocation Fund Class I (BIGPX) and T. Rowe Price Retirement 2030 Fund (TRRCX).
BIGPX is managed by Blackrock. It was launched on Dec 21, 2006. TRRCX is managed by T. Rowe Price. It was launched on Sep 29, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BIGPX or TRRCX.
Key characteristics
| BIGPX | TRRCX | |
|---|---|---|
| YTD Return | 5.79% | 6.81% |
| 1Y Return | 15.30% | 16.71% |
| 3Y Return (Ann) | 3.14% | 3.08% |
| 5Y Return (Ann) | 8.23% | 8.50% |
| 10Y Return (Ann) | 7.31% | 7.84% |
| Sharpe Ratio | 1.64 | 2.04 |
| Daily Std Dev | 9.47% | 8.35% |
| Max Drawdown | -47.28% | -52.28% |
| Current Drawdown | -0.26% | -0.04% |
Correlation
The correlation between BIGPX and TRRCX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BIGPX vs. TRRCX - Performance Comparison
In the year-to-date period, BIGPX achieves a 5.79% return, which is significantly lower than TRRCX's 6.81% return. Over the past 10 years, BIGPX has underperformed TRRCX with an annualized return of 7.31%, while TRRCX has yielded a comparatively higher 7.84% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BIGPX vs. TRRCX - Expense Ratio Comparison
BIGPX has a 0.43% expense ratio, which is lower than TRRCX's 0.59% expense ratio.
Risk-Adjusted Performance
BIGPX vs. TRRCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock 60/40 Target Allocation Fund Class I (BIGPX) and T. Rowe Price Retirement 2030 Fund (TRRCX). 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.
Dividends
BIGPX vs. TRRCX - Dividend Comparison
BIGPX's dividend yield for the trailing twelve months is around 2.86%, less than TRRCX's 5.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BIGPX BlackRock 60/40 Target Allocation Fund Class I | 2.86% | 3.02% | 2.59% | 7.60% | 3.90% | 3.77% | 9.80% | 3.20% | 1.76% | 9.89% | 10.69% | 1.54% |
TRRCX T. Rowe Price Retirement 2030 Fund | 5.76% | 6.16% | 12.05% | 9.43% | 5.45% | 5.44% | 8.83% | 3.82% | 4.26% | 5.46% | 5.65% | 3.01% |
Drawdowns
BIGPX vs. TRRCX - Drawdown Comparison
The maximum BIGPX drawdown since its inception was -47.28%, smaller than the maximum TRRCX drawdown of -52.28%. Use the drawdown chart below to compare losses from any high point for BIGPX and TRRCX. For additional features, visit the drawdowns tool.
Volatility
BIGPX vs. TRRCX - Volatility Comparison
BlackRock 60/40 Target Allocation Fund Class I (BIGPX) has a higher volatility of 2.40% compared to T. Rowe Price Retirement 2030 Fund (TRRCX) at 2.27%. This indicates that BIGPX's price experiences larger fluctuations and is considered to be riskier than TRRCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.