PAJRX vs. LTTIX
PAJRX (T. Rowe Price Target 2025 Fund) and LTTIX (MFS Lifetime 2025 Fund) are both Target Retirement Date funds. Over the past 10 years, PAJRX returned 6.90%/yr vs 6.24%/yr for LTTIX. Their correlation of 0.93 suggests significant overlap in exposure. PAJRX charges 0.77%/yr vs 0.00%/yr for LTTIX.
Performance
PAJRX vs. LTTIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, PAJRX achieves a 5.32% return, which is significantly higher than LTTIX's 2.74% return. Over the past 10 years, PAJRX has outperformed LTTIX with an annualized return of 6.90%, while LTTIX has yielded a comparatively lower 6.24% annualized return.
PAJRX
- 1D
- 0.56%
- 1M
- 0.85%
- YTD
- 5.32%
- 6M
- 5.32%
- 1Y
- 12.86%
- 3Y*
- 10.06%
- 5Y*
- 4.78%
- 10Y*
- 6.90%
LTTIX
- 1D
- 0.00%
- 1M
- 0.08%
- YTD
- 2.74%
- 6M
- 2.70%
- 1Y
- 8.28%
- 3Y*
- 8.33%
- 5Y*
- 3.72%
- 10Y*
- 6.24%
PAJRX vs. LTTIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PAJRX T. Rowe Price Target 2025 Fund | 5.32% | 11.19% | 8.25% | 12.09% | -14.19% | 9.85% | 13.00% | 17.49% | -4.84% | 12.62% |
LTTIX MFS Lifetime 2025 Fund | 2.74% | 9.29% | 6.73% | 10.36% | -12.36% | 8.61% | 10.61% | 17.82% | -3.97% | 13.16% |
Correlation
The correlation between PAJRX and LTTIX is 0.86, 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 | 0.86 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.86 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.90 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2013 | 0.93 |
The correlation between PAJRX and LTTIX has been stable across timeframes, ranging from 0.86 to 0.93 - 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
PAJRX vs. LTTIX — Risk / Return Rank
PAJRX
LTTIX
PAJRX vs. LTTIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Target 2025 Fund (PAJRX) and MFS Lifetime 2025 Fund (LTTIX). 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.
| PAJRX | LTTIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.42 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 2.72 | 2.47 | +0.25 |
| Martin ratioReturn relative to average drawdown | 11.88 | 10.68 | +1.20 |
Loading charts...
Drawdowns
PAJRX vs. LTTIX - Drawdown Comparison
The maximum PAJRX drawdown since its inception was -22.48%, which is greater than LTTIX's maximum drawdown of -19.33%. Use the drawdown chart below to compare losses from any high point for PAJRX and LTTIX.
Loading charts...
Drawdown Indicators
| PAJRX | LTTIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.48% | -19.33% | -3.15% |
Max Drawdown (1Y)Largest decline over 1 year | -4.86% | -3.64% | -1.22% |
Max Drawdown (3Y)Largest decline over 3 years | -7.27% | -5.77% | -1.50% |
Max Drawdown (5Y)Largest decline over 5 years | -19.72% | -16.92% | -2.80% |
Max Drawdown (10Y)Largest decline over 10 years | -22.48% | -19.33% | -3.15% |
Current DrawdownCurrent decline from peak | -0.28% | -0.45% | +0.17% |
Average DrawdownAverage peak-to-trough decline | -3.33% | -2.68% | -0.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 0.84% | +0.26% |
Volatility
PAJRX vs. LTTIX - Volatility Comparison
T. Rowe Price Target 2025 Fund (PAJRX) has a higher volatility of 2.47% compared to MFS Lifetime 2025 Fund (LTTIX) at 1.34%. This indicates that PAJRX's price experiences larger fluctuations and is considered to be riskier than LTTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| PAJRX | LTTIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.47% | 1.34% | +1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 5.21% | 3.32% | +1.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.17% | 4.18% | +1.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.93% | 6.37% | +1.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.70% | 7.24% | +1.46% |
PAJRX vs. LTTIX - Expense Ratio Comparison
PAJRX has a 0.77% expense ratio, which is higher than LTTIX's 0.00% expense ratio.
Dividends
PAJRX vs. LTTIX - Dividend Comparison
PAJRX's dividend yield for the trailing twelve months is around 6.53%, less than LTTIX's 11.54% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LTTIX MFS Lifetime 2025 Fund | 11.54% | 8.13% | 7.07% | 3.30% | 5.88% | 7.35% | 2.83% | 3.68% | 4.32% | 3.51% | 4.03% | 1.82% |
PAJRX T. Rowe Price Target 2025 Fund | 6.53% | 6.88% | 5.29% | 3.57% | 7.51% | 4.03% | 3.21% | 3.39% | 4.61% | 1.71% | 1.53% | 1.64% |
Frequently Asked Questions
PAJRX and LTTIX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PAJRX has higher volatility (2.47%) compared to LTTIX (1.34%). In terms of maximum drawdown, PAJRX dropped -22.48% vs LTTIX's -19.33%.
LTTIX currently has the higher Sharpe Ratio (2.16 vs 2.14), 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 PAJRX and LTTIX
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