TBLBX vs. DRILX

Last updated Aug 1, 2026

TBLBX (T. Rowe Price Retirement Blend 2010 Fund) and DRILX (Dimensional 2060 Target Date Retirement Income Fund) are both Target Retirement Date funds. Over the past 3 years, TBLBX returned 10.19%/yr vs 17.27%/yr for DRILX. Their correlation of 0.91 means they have usually moved in the same direction. TBLBX charges 0.19%/yr vs 0.22%/yr for DRILX.

Performance

TBLBX vs. DRILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Retirement Blend 2010 Fund (TBLBX) and Dimensional 2060 Target Date Retirement Income Fund (DRILX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TBLBX achieves a 5.30% return, which is significantly lower than DRILX's 10.77% return.

TBLBX

• 1D: 0.82%
• 1M: -0.36%
• 6M: 3.53%
• YTD: 5.30%
• 1Y: 11.66%
• 3Y*: 10.19%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.11%

DRILX

• 1D: 1.68%
• 1M: -0.12%
• 6M: 7.61%
• YTD: 10.77%
• 1Y: 20.94%
• 3Y*: 17.27%
• 5Y*: 11.02%
• 10Y*: 12.21%
• ALL TIME*: 12.31%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
DRILX Dimensional 2060 Target Date Retirement Income Fund	$0.00	$0.00	$0.00
TBLBX T. Rowe Price Retirement Blend 2010 Fund	$0.00	$0.00	$0.00

TBLBX vs. DRILX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
TBLBX T. Rowe Price Retirement Blend 2010 Fund	5.30%	12.59%	9.03%	12.95%	-13.37%	1.38%
DRILX Dimensional 2060 Target Date Retirement Income Fund	10.77%	19.66%	17.10%	21.37%	-15.28%	5.61%

Correlation

The correlation between TBLBX and DRILX is 0.90, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.90
Correlation (3Y) Balances recent behavior with more history.	0.90
Correlation (All Time) Calculated using the full available price history since Aug 3, 2021	0.91

The correlation between TBLBX and DRILX has been stable across timeframes, ranging from 0.90 to 0.91 - a consistent structural relationship.

Return for Risk

TBLBX vs. DRILX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

TBLBX

TBLBX Risk / Return Rank: 71
TBLBX Sharpe Ratio Rank: 70
TBLBX Sortino Ratio Rank: 69
TBLBX Omega Ratio Rank: 72
TBLBX Calmar Ratio Rank: 66
TBLBX Martin Ratio Rank: 77

DRILX

DRILX Risk / Return Rank: 77
DRILX Sharpe Ratio Rank: 76
DRILX Sortino Ratio Rank: 75
DRILX Omega Ratio Rank: 73
DRILX Calmar Ratio Rank: 77
DRILX Martin Ratio Rank: 84

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

TBLBX vs. DRILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement Blend 2010 Fund (TBLBX) and Dimensional 2060 Target Date Retirement Income Fund (DRILX). 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.

	TBLBX	DRILX	Difference
Sharpe ratio: Return per unit of total volatility	1.70	1.80	-0.10
Sortino ratio: Return per unit of downside risk	2.43	2.54	-0.11
Omega ratio: Gain probability vs. loss probability	1.32	1.32	0.00
Calmar ratio: Return relative to maximum drawdown	2.26	2.54	-0.28
Martin ratio: Return relative to average drawdown	9.62	10.64	-1.02

TBLBX vs. DRILX - Sharpe Ratio Comparison

The current TBLBX Sharpe Ratio is 1.70, which is comparable to the DRILX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of TBLBX and DRILX, 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

TBLBX vs. DRILX - Drawdown Comparison

The maximum TBLBX drawdown since its inception was -18.87%, smaller than the maximum DRILX drawdown of -33.48%. Use the drawdown chart below to compare losses from any high point for TBLBX and DRILX.

Drawdown Indicators

	TBLBX	DRILX	Difference
Max Drawdown Largest peak-to-trough decline	-18.87%	-33.48%	+14.61%
Max Drawdown (1Y) Largest decline over 1 year	-4.95%	-8.58%	+3.63%
Max Drawdown (3Y) Largest decline over 3 years	-7.29%	-15.76%	+8.47%
Max Drawdown (5Y) Largest decline over 5 years	-18.87%	-23.50%	+4.63%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.48%	—
Current Drawdown Current decline from peak	-0.80%	-1.44%	+0.64%
Average Drawdown Average peak-to-trough decline	-4.60%	-4.19%	-0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.16%	1.99%	-0.83%

Volatility

TBLBX vs. DRILX - Volatility Comparison

The current volatility for T. Rowe Price Retirement Blend 2010 Fund (TBLBX) is 1.76%, while Dimensional 2060 Target Date Retirement Income Fund (DRILX) has a volatility of 3.38%. This indicates that TBLBX experiences smaller price fluctuations and is considered to be less risky than DRILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TBLBX	DRILX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.76%	3.38%	-1.62%
Volatility (6M) Calculated over the trailing 6-month period	5.52%	9.90%	-4.38%
Volatility (1Y) Calculated over the trailing 1-year period	6.58%	12.09%	-5.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.12%	14.95%	-6.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.12%	15.69%	-7.57%

TBLBX vs. DRILX - Expense Ratio Comparison

TBLBX has a 0.19% expense ratio, which is lower than DRILX's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

TBLBX vs. DRILX - Dividend Comparison

TBLBX's dividend yield for the trailing twelve months is around 3.24%, more than DRILX's 1.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DRILX Dimensional 2060 Target Date Retirement Income Fund	1.82%	1.47%	2.40%	3.26%	3.97%	2.25%	2.11%	2.12%	2.25%	0.91%	1.96%
TBLBX T. Rowe Price Retirement Blend 2010 Fund	3.24%	3.41%	3.18%	2.23%	3.92%	1.86%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TBLBX and DRILX in my portfolio?

TBLBX and DRILX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TBLBX or DRILX?

DRILX has higher volatility (3.38%) compared to TBLBX (1.76%). In terms of maximum drawdown, TBLBX dropped -18.87% vs DRILX's -33.48%.

Which has better risk-adjusted returns?

DRILX currently has the higher Sharpe Ratio (1.80 vs 1.70), 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.