ONEX.TO vs. TRRIX
Compare and contrast key facts about Onex Corporation (ONEX.TO) and T. Rowe Price Retirement Balanced Fund (TRRIX).
TRRIX is managed by T. Rowe Price. It was launched on Sep 30, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ONEX.TO or TRRIX.
Key characteristics
ONEX.TO | TRRIX | |
---|---|---|
YTD Return | 10.28% | 7.92% |
1Y Return | 23.76% | 14.76% |
3Y Return (Ann) | 2.86% | 1.35% |
5Y Return (Ann) | 5.49% | 5.40% |
10Y Return (Ann) | 5.33% | 5.10% |
Sharpe Ratio | 1.13 | 2.81 |
Sortino Ratio | 1.66 | 4.23 |
Omega Ratio | 1.20 | 1.55 |
Calmar Ratio | 1.36 | 1.56 |
Martin Ratio | 3.03 | 19.38 |
Ulcer Index | 8.58% | 0.80% |
Daily Std Dev | 22.92% | 5.52% |
Max Drawdown | -75.60% | -27.78% |
Current Drawdown | -4.61% | -1.51% |
Correlation
The correlation between ONEX.TO and TRRIX is 0.47, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ONEX.TO vs. TRRIX - Performance Comparison
In the year-to-date period, ONEX.TO achieves a 10.28% return, which is significantly higher than TRRIX's 7.92% return. Both investments have delivered pretty close results over the past 10 years, with ONEX.TO having a 5.33% annualized return and TRRIX not far behind at 5.10%. 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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Risk-Adjusted Performance
ONEX.TO vs. TRRIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Onex Corporation (ONEX.TO) and T. Rowe Price Retirement Balanced Fund (TRRIX). 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
ONEX.TO vs. TRRIX - Dividend Comparison
ONEX.TO's dividend yield for the trailing twelve months is around 0.39%, less than TRRIX's 4.19% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Onex Corporation | 0.39% | 0.43% | 0.61% | 0.40% | 0.55% | 0.46% | 0.44% | 0.31% | 0.29% | 0.27% | 0.26% | 0.23% |
T. Rowe Price Retirement Balanced Fund | 4.19% | 4.13% | 10.46% | 12.72% | 9.26% | 3.39% | 7.01% | 5.08% | 3.40% | 3.45% | 3.49% | 2.97% |
Drawdowns
ONEX.TO vs. TRRIX - Drawdown Comparison
The maximum ONEX.TO drawdown since its inception was -75.60%, which is greater than TRRIX's maximum drawdown of -27.78%. Use the drawdown chart below to compare losses from any high point for ONEX.TO and TRRIX. For additional features, visit the drawdowns tool.
Volatility
ONEX.TO vs. TRRIX - Volatility Comparison
Onex Corporation (ONEX.TO) has a higher volatility of 5.82% compared to T. Rowe Price Retirement Balanced Fund (TRRIX) at 1.13%. This indicates that ONEX.TO's price experiences larger fluctuations and is considered to be riskier than TRRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.