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TBLBX vs. PRWAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

TBLBX vs. PRWAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Retirement Blend 2010 Fund (TBLBX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). The values are adjusted to include any dividend payments, if applicable.

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TBLBX vs. PRWAX - Yearly Performance Comparison


2026 (YTD)20252024202320222021
TBLBX
T. Rowe Price Retirement Blend 2010 Fund
-0.47%12.59%9.03%12.95%-13.37%1.38%
PRWAX
T. Rowe Price All-Cap Opportunities Fund
-9.59%26.78%25.24%29.02%-21.37%3.24%

Returns By Period

In the year-to-date period, TBLBX achieves a -0.47% return, which is significantly higher than PRWAX's -9.59% return.


TBLBX

1D
1.35%
1M
-3.31%
YTD
-0.47%
6M
1.12%
1Y
10.58%
3Y*
9.69%
5Y*
10Y*

PRWAX

1D
3.16%
1M
-6.00%
YTD
-9.59%
6M
-0.70%
1Y
19.69%
3Y*
20.03%
5Y*
10.67%
10Y*
17.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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TBLBX vs. PRWAX - Expense Ratio Comparison

TBLBX has a 0.19% expense ratio, which is lower than PRWAX's 0.76% expense ratio.


Return for Risk

TBLBX vs. PRWAX — Risk / Return Rank

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

TBLBX
TBLBX Risk / Return Rank: 7373
Overall Rank
TBLBX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
TBLBX Sortino Ratio Rank: 7474
Sortino Ratio Rank
TBLBX Omega Ratio Rank: 7373
Omega Ratio Rank
TBLBX Calmar Ratio Rank: 7171
Calmar Ratio Rank
TBLBX Martin Ratio Rank: 7676
Martin Ratio Rank

PRWAX
PRWAX Risk / Return Rank: 5454
Overall Rank
PRWAX Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
PRWAX Sortino Ratio Rank: 6464
Sortino Ratio Rank
PRWAX Omega Ratio Rank: 5959
Omega Ratio Rank
PRWAX Calmar Ratio Rank: 5151
Calmar Ratio Rank
PRWAX Martin Ratio Rank: 4646
Martin Ratio Rank
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.

TBLBX vs. PRWAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement Blend 2010 Fund (TBLBX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). 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.


TBLBXPRWAXDifference

Sharpe ratio

Return per unit of total volatility

1.40

1.03

+0.37

Sortino ratio

Return per unit of downside risk

1.99

1.66

+0.33

Omega ratio

Gain probability vs. loss probability

1.30

1.24

+0.06

Calmar ratio

Return relative to maximum drawdown

1.86

1.28

+0.58

Martin ratio

Return relative to average drawdown

8.29

4.75

+3.53

TBLBX vs. PRWAX - Sharpe Ratio Comparison

The current TBLBX Sharpe Ratio is 1.40, which is higher than the PRWAX Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of TBLBX and PRWAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


TBLBXPRWAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.40

1.03

+0.37

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.60

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.92

Sharpe Ratio (All Time)

Calculated using the full available price history

0.52

0.60

-0.08

Correlation

The correlation between TBLBX and PRWAX is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

TBLBX vs. PRWAX - Dividend Comparison

TBLBX's dividend yield for the trailing twelve months is around 3.42%, less than PRWAX's 18.43% yield.


TTM20252024202320222021202020192018201720162015
TBLBX
T. Rowe Price Retirement Blend 2010 Fund
3.42%3.41%3.18%2.23%3.92%1.86%0.00%0.00%0.00%0.00%0.00%0.00%
PRWAX
T. Rowe Price All-Cap Opportunities Fund
18.43%16.66%9.22%5.10%3.11%20.51%15.44%7.01%12.58%12.30%6.19%8.84%

Drawdowns

TBLBX vs. PRWAX - Drawdown Comparison

The maximum TBLBX drawdown since its inception was -18.87%, smaller than the maximum PRWAX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for TBLBX and PRWAX.


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Drawdown Indicators


TBLBXPRWAXDifference

Max Drawdown

Largest peak-to-trough decline

-18.87%

-55.06%

+36.19%

Max Drawdown (1Y)

Largest decline over 1 year

-5.88%

-14.05%

+8.17%

Max Drawdown (5Y)

Largest decline over 5 years

-29.38%

Max Drawdown (10Y)

Largest decline over 10 years

-30.50%

Current Drawdown

Current decline from peak

-3.66%

-11.33%

+7.67%

Average Drawdown

Average peak-to-trough decline

-4.88%

-9.92%

+5.04%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.32%

3.79%

-2.47%

Volatility

TBLBX vs. PRWAX - Volatility Comparison

The current volatility for T. Rowe Price Retirement Blend 2010 Fund (TBLBX) is 3.10%, while T. Rowe Price All-Cap Opportunities Fund (PRWAX) has a volatility of 6.07%. This indicates that TBLBX experiences smaller price fluctuations and is considered to be less risky than PRWAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TBLBXPRWAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.10%

6.07%

-2.97%

Volatility (6M)

Calculated over the trailing 6-month period

4.68%

12.83%

-8.15%

Volatility (1Y)

Calculated over the trailing 1-year period

7.75%

19.62%

-11.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

8.18%

17.93%

-9.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

8.18%

18.84%

-10.66%