PAHRX vs. LPVIX
PAHRX (T. Rowe Price Target 2015 Fund) and LPVIX (BlackRock LifePath Dynamic 2055 Fund) are both Target Retirement Date funds. Over the past 10 years, PAHRX returned 5.72%/yr vs 11.44%/yr for LPVIX. Their correlation of 0.89 suggests significant overlap in exposure. PAHRX charges 0.72%/yr vs 0.50%/yr for LPVIX.
Performance
PAHRX vs. LPVIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PAHRX achieves a 4.18% return, which is significantly lower than LPVIX's 11.59% return. Over the past 10 years, PAHRX has underperformed LPVIX with an annualized return of 5.72%, while LPVIX has yielded a comparatively higher 11.44% annualized return.
PAHRX
- 1D
- -0.57%
- 1M
- 1.16%
- YTD
- 4.18%
- 6M
- 4.74%
- 1Y
- 11.05%
- 3Y*
- 9.02%
- 5Y*
- 4.10%
- 10Y*
- 5.72%
LPVIX
- 1D
- -0.97%
- 1M
- 2.30%
- YTD
- 11.59%
- 6M
- 12.76%
- 1Y
- 27.19%
- 3Y*
- 16.21%
- 5Y*
- 9.10%
- 10Y*
- 11.44%
PAHRX vs. LPVIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAHRX T. Rowe Price Target 2015 Fund | 4.18% | 10.49% | 7.36% | 10.67% | -13.16% | 7.63% | 11.18% | 14.95% | -3.67% | 9.25% |
LPVIX BlackRock LifePath Dynamic 2055 Fund | 11.59% | 20.90% | 8.18% | 22.40% | -18.77% | 17.88% | 14.44% | 26.49% | -8.37% | 21.95% |
Correlation
The correlation between PAHRX and LPVIX is 0.91, 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 | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.83 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.87 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2013 | 0.89 |
The correlation between PAHRX and LPVIX has been stable across timeframes, ranging from 0.83 to 0.91 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
PAHRX vs. LPVIX — Risk / Return Rank
PAHRX
LPVIX
PAHRX vs. LPVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Target 2015 Fund (PAHRX) and BlackRock LifePath Dynamic 2055 Fund (LPVIX). 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.
| PAHRX | LPVIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.41 | 1.33 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.60 | 2.77 | -0.17 |
| Martin ratioReturn relative to average drawdown | 11.26 | 11.83 | -0.57 |
Loading charts...
Drawdowns
PAHRX vs. LPVIX - Drawdown Comparison
The maximum PAHRX drawdown since its inception was -18.73%, smaller than the maximum LPVIX drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for PAHRX and LPVIX.
Loading charts...
Drawdown Indicators
| PAHRX | LPVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.73% | -34.31% | +15.58% |
Max Drawdown (1Y)Largest decline over 1 year | -4.39% | -9.91% | +5.52% |
Max Drawdown (3Y)Largest decline over 3 years | -6.06% | -22.45% | +16.39% |
Max Drawdown (5Y)Largest decline over 5 years | -17.91% | -27.01% | +9.10% |
Max Drawdown (10Y)Largest decline over 10 years | -18.73% | -34.31% | +15.58% |
Current DrawdownCurrent decline from peak | -0.73% | -2.00% | +1.27% |
Average DrawdownAverage peak-to-trough decline | -2.90% | -4.71% | +1.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 2.32% | -1.32% |
Volatility
PAHRX vs. LPVIX - Volatility Comparison
The current volatility for T. Rowe Price Target 2015 Fund (PAHRX) is 2.23%, while BlackRock LifePath Dynamic 2055 Fund (LPVIX) has a volatility of 5.97%. This indicates that PAHRX experiences smaller price fluctuations and is considered to be less risky than LPVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PAHRX | LPVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.23% | 5.97% | -3.74% |
Volatility (6M)Calculated over the trailing 6-month period | 4.66% | 12.40% | -7.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.52% | 15.02% | -9.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.72% | 17.23% | -10.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.91% | 16.61% | -9.70% |
PAHRX vs. LPVIX - Expense Ratio Comparison
PAHRX has a 0.72% expense ratio, which is higher than LPVIX's 0.50% expense ratio.
Dividends
PAHRX vs. LPVIX - Dividend Comparison
PAHRX's dividend yield for the trailing twelve months is around 5.42%, more than LPVIX's 4.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LPVIX BlackRock LifePath Dynamic 2055 Fund | 4.83% | 5.39% | 0.72% | 2.99% | 2.53% | 11.79% | 1.19% | 4.83% | 10.40% | 9.61% | 1.93% | 3.84% |
PAHRX T. Rowe Price Target 2015 Fund | 5.42% | 5.65% | 5.01% | 3.49% | 8.61% | 6.14% | 5.78% | 2.99% | 4.45% | 1.88% | 0.83% | 0.95% |
Frequently Asked Questions
With a correlation of 0.91, PAHRX and LPVIX 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.
LPVIX has higher volatility (5.97%) compared to PAHRX (2.23%). In terms of maximum drawdown, PAHRX dropped -18.73% vs LPVIX's -34.31%.
PAHRX currently has the higher Sharpe Ratio (2.07 vs 1.83), 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.
Find the right allocation for PAHRX and LPVIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer