GMHZX vs. TRRJX

Last updated Jun 4, 2026

GMHZX (GuideStone Funds MyDestination 2035 Fund) and TRRJX (T. Rowe Price Retirement 2035 Fund) are both Target Retirement Date funds. Over the past 10 years, GMHZX returned 8.96%/yr vs 9.82%/yr for TRRJX. With a 0.97 correlation, they move nearly in lockstep. GMHZX charges 0.38%/yr vs 0.59%/yr for TRRJX.

Performance

GMHZX vs. TRRJX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GuideStone Funds MyDestination 2035 Fund (GMHZX) and T. Rowe Price Retirement 2035 Fund (TRRJX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GMHZX achieves a 7.98% return, which is significantly lower than TRRJX's 9.32% return. Over the past 10 years, GMHZX has underperformed TRRJX with an annualized return of 8.96%, while TRRJX has yielded a comparatively higher 9.82% annualized return.

GMHZX

• 1D: 0.23%
• 1M: 3.71%
• YTD: 7.98%
• 6M: 8.57%
• 1Y: 19.46%
• 3Y*: 14.51%
• 5Y*: 7.17%
• 10Y*: 8.96%

TRRJX

• 1D: 0.39%
• 1M: 3.73%
• YTD: 9.32%
• 6M: 4.93%
• 1Y: 15.92%
• 3Y*: 14.07%
• 5Y*: 6.67%
• 10Y*: 9.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GMHZX vs. TRRJX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
GMHZX GuideStone Funds MyDestination 2035 Fund	7.98%	15.50%	11.48%	15.82%	-16.48%	13.07%	12.91%	22.18%	-6.84%	18.55%
TRRJX T. Rowe Price Retirement 2035 Fund	9.32%	10.96%	11.99%	18.14%	-17.96%	15.21%	17.04%	23.72%	-6.95%	20.89%

Correlation

The correlation between GMHZX and TRRJX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jan 4, 2007	0.97

The correlation between GMHZX and TRRJX has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.

Return for Risk

GMHZX vs. TRRJX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GMHZX

GMHZX Risk / Return Rank: 59
GMHZX Sharpe Ratio Rank: 60
GMHZX Sortino Ratio Rank: 60
GMHZX Omega Ratio Rank: 60
GMHZX Calmar Ratio Rank: 54
GMHZX Martin Ratio Rank: 63

TRRJX

TRRJX Risk / Return Rank: 32
TRRJX Sharpe Ratio Rank: 31
TRRJX Sortino Ratio Rank: 28
TRRJX Omega Ratio Rank: 34
TRRJX Calmar Ratio Rank: 30
TRRJX Martin Ratio Rank: 36

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GMHZX vs. TRRJX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GuideStone Funds MyDestination 2035 Fund (GMHZX) and T. Rowe Price Retirement 2035 Fund (TRRJX). 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.

	GMHZX	TRRJX	Difference
Sharpe ratio Return per unit of total volatility	2.27	1.59	+0.68
Sortino ratio Return per unit of downside risk	3.24	2.19	+1.06
Omega ratio Gain probability vs. loss probability	1.43	1.31	+0.12
Calmar ratio Return relative to maximum drawdown	2.79	2.06	+0.72
Martin ratio Return relative to average drawdown	12.45	7.96	+4.49
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GMHZX vs. TRRJX - Sharpe Ratio Comparison

The current GMHZX Sharpe Ratio is 2.27, which is higher than the TRRJX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of GMHZX and TRRJX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	GMHZX	TRRJX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.27	1.59	+0.68
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.52	+0.12
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	0.73	+0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.51	-0.14

Drawdowns

GMHZX vs. TRRJX - Drawdown Comparison

The maximum GMHZX drawdown since its inception was -56.35%, which is greater than TRRJX's maximum drawdown of -53.57%. Use the drawdown chart below to compare losses from any high point for GMHZX and TRRJX.

Drawdown Indicators

	GMHZX	TRRJX	Difference
Max Drawdown Largest peak-to-trough decline	-56.35%	-53.57%	-2.78%
Max Drawdown (1Y) Largest decline over 1 year	-7.05%	-8.06%	+1.01%
Max Drawdown (3Y) Largest decline over 3 years	-11.04%	-12.52%	+1.48%
Max Drawdown (5Y) Largest decline over 5 years	-22.86%	-25.85%	+2.99%
Max Drawdown (10Y) Largest decline over 10 years	-26.98%	-30.14%	+3.16%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.20%	-6.65%	-1.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.57%	2.06%	-0.49%

Volatility

GMHZX vs. TRRJX - Volatility Comparison

The current volatility for GuideStone Funds MyDestination 2035 Fund (GMHZX) is 2.72%, while T. Rowe Price Retirement 2035 Fund (TRRJX) has a volatility of 2.95%. This indicates that GMHZX experiences smaller price fluctuations and is considered to be less risky than TRRJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	GMHZX	TRRJX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.72%	2.95%	-0.23%
Volatility (6M) Calculated over the trailing 6-month period	6.96%	8.89%	-1.93%
Volatility (1Y) Calculated over the trailing 1-year period	8.66%	10.45%	-1.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.13%	12.83%	-1.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.22%	13.54%	-1.32%

GMHZX vs. TRRJX - Expense Ratio Comparison

GMHZX has a 0.38% expense ratio, which is lower than TRRJX's 0.59% expense ratio.

Dividends

GMHZX vs. TRRJX - Dividend Comparison

GMHZX's dividend yield for the trailing twelve months is around 5.24%, while TRRJX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GMHZX GuideStone Funds MyDestination 2035 Fund	5.24%	5.66%	7.10%	3.67%	7.20%	5.38%	3.08%	3.40%	7.27%	3.86%	0.87%	19.84%
TRRJX T. Rowe Price Retirement 2035 Fund	0.00%	0.00%	2.36%	4.68%	9.67%	6.89%	4.80%	5.68%	8.55%	3.80%	2.89%	4.05%

Frequently Asked Questions

Can I hold both GMHZX and TRRJX in my portfolio?

With a correlation of 0.94, GMHZX and TRRJX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, GMHZX or TRRJX?

TRRJX has higher volatility (2.95%) compared to GMHZX (2.72%). In terms of maximum drawdown, GMHZX dropped -56.35% vs TRRJX's -53.57%.

Which has better risk-adjusted returns?

GMHZX currently has the higher Sharpe Ratio (2.27 vs 1.59), 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.