TBCIX vs. TRRJX

Last updated Jul 14, 2026

TBCIX (T. Rowe Price Blue Chip Growth Fund I Class) and TRRJX (T. Rowe Price Retirement 2035 Fund) are both mutual funds - TBCIX is a Large Cap Growth Equities fund actively managed by T. Rowe Price, while TRRJX is a Target Retirement Date fund actively managed by T. Rowe Price. Both are actively managed. Over the past 10 years, TBCIX returned 17.38%/yr vs 9.64%/yr for TRRJX. Their correlation of 0.83 suggests significant overlap in exposure. TBCIX charges 0.56%/yr vs 0.58%/yr for TRRJX.

Performance

TBCIX vs. TRRJX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Blue Chip Growth Fund I Class (TBCIX) 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, TBCIX achieves a 1.57% return, which is significantly lower than TRRJX's 9.15% return. Over the past 10 years, TBCIX has outperformed TRRJX with an annualized return of 17.38%, while TRRJX has yielded a comparatively lower 9.64% annualized return.

TBCIX

• 1D: 0.75%
• 1M: 1.78%
• 6M: 0.46%
• YTD: 1.57%
• 1Y: 11.47%
• 3Y*: 26.20%
• 5Y*: 11.17%
• 10Y*: 17.38%

TRRJX

• 1D: 0.24%
• 1M: 0.95%
• 6M: 6.47%
• YTD: 9.15%
• 1Y: 12.37%
• 3Y*: 13.14%
• 5Y*: 6.25%
• 10Y*: 9.64%

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

TBCIX vs. TRRJX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TBCIX T. Rowe Price Blue Chip Growth Fund I Class	1.57%	18.94%	48.73%	49.61%	-38.48%	18.30%	34.90%	30.30%	2.13%	36.68%
TRRJX T. Rowe Price Retirement 2035 Fund	9.15%	10.96%	11.99%	18.14%	-17.96%	15.21%	17.04%	23.72%	-6.95%	20.89%

Correlation

The correlation between TBCIX and TRRJX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.83

The correlation between TBCIX and TRRJX shifts across timeframes, from 0.70 (1 year) to 0.83 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TBCIX vs. TRRJX — Risk / Return Rank

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

TBCIX

TBCIX Risk / Return Rank: 12
TBCIX Sharpe Ratio Rank: 12
TBCIX Sortino Ratio Rank: 12
TBCIX Omega Ratio Rank: 12
TBCIX Calmar Ratio Rank: 10
TBCIX Martin Ratio Rank: 11

TRRJX

TRRJX Risk / Return Rank: 28
TRRJX Sharpe Ratio Rank: 27
TRRJX Sortino Ratio Rank: 25
TRRJX Omega Ratio Rank: 29
TRRJX Calmar Ratio Rank: 28
TRRJX Martin Ratio Rank: 33

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.

TBCIX vs. TRRJX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Blue Chip Growth Fund I Class (TBCIX) 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.

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.

	TBCIX	TRRJX	Difference
Sharpe ratio: Return per unit of total volatility	0.68	1.11	-0.43
Sortino ratio: Return per unit of downside risk	1.04	1.55	-0.52
Omega ratio: Gain probability vs. loss probability	1.13	1.21	-0.09
Calmar ratio: Return relative to maximum drawdown	0.67	1.52	-0.84
Martin ratio: Return relative to average drawdown	2.13	5.77	-3.64

TBCIX vs. TRRJX - Sharpe Ratio Comparison

The current TBCIX Sharpe Ratio is 0.68, which is lower than the TRRJX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of TBCIX 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.

Drawdowns

TBCIX vs. TRRJX - Drawdown Comparison

The maximum TBCIX drawdown since its inception was -43.26%, smaller than the maximum TRRJX drawdown of -53.57%. Use the drawdown chart below to compare losses from any high point for TBCIX and TRRJX.

Drawdown Indicators

	TBCIX	TRRJX	Difference
Max Drawdown Largest peak-to-trough decline	-43.26%	-53.57%	+10.31%
Max Drawdown (1Y) Largest decline over 1 year	-16.96%	-8.06%	-8.90%
Max Drawdown (3Y) Largest decline over 3 years	-23.06%	-12.52%	-10.54%
Max Drawdown (5Y) Largest decline over 5 years	-43.26%	-25.85%	-17.41%
Max Drawdown (10Y) Largest decline over 10 years	-43.26%	-30.14%	-13.12%
Current Drawdown Current decline from peak	-4.43%	-0.35%	-4.08%
Average Drawdown Average peak-to-trough decline	-8.04%	-6.62%	-1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.35%	2.10%	+3.25%

Volatility

TBCIX vs. TRRJX - Volatility Comparison

T. Rowe Price Blue Chip Growth Fund I Class (TBCIX) has a higher volatility of 6.66% compared to T. Rowe Price Retirement 2035 Fund (TRRJX) at 3.54%. This indicates that TBCIX's price experiences larger fluctuations and is considered to be riskier than TRRJX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TBCIX	TRRJX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.66%	3.54%	+3.12%
Volatility (6M) Calculated over the trailing 6-month period	13.70%	8.77%	+4.93%
Volatility (1Y) Calculated over the trailing 1-year period	16.89%	11.03%	+5.86%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.09%	12.92%	+11.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.79%	13.46%	+9.33%

TBCIX vs. TRRJX - Expense Ratio Comparison

TBCIX has a 0.56% expense ratio, which is lower than TRRJX's 0.58% expense ratio.

Dividends

TBCIX vs. TRRJX - Dividend Comparison

TBCIX's dividend yield for the trailing twelve months is around 5.12%, while TRRJX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TBCIX T. Rowe Price Blue Chip Growth Fund I Class	5.12%	5.20%	18.28%	3.47%	5.84%	10.03%	1.18%	0.59%	2.50%	3.05%	0.81%	0.00%
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 TBCIX and TRRJX in my portfolio?

TBCIX and TRRJX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TBCIX or TRRJX?

TBCIX has higher volatility (6.66%) compared to TRRJX (3.54%). In terms of maximum drawdown, TBCIX dropped -43.26% vs TRRJX's -53.57%.

Which has better risk-adjusted returns?

TRRJX currently has the higher Sharpe Ratio (1.11 vs 0.68), 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.