TBLLX vs. SSBRX
TBLLX (T. Rowe Price Retirement Blend 2050 Fund) and SSBRX (State Street Target Retirement 2025 Fund) are both Target Retirement Date funds. Over the past 5 years, TBLLX returned 9.95%/yr vs 4.99%/yr for SSBRX. Their correlation of 0.93 means they have usually moved in the same direction. TBLLX charges 0.43%/yr vs 0.13%/yr for SSBRX.
Performance
TBLLX vs. SSBRX - Performance Comparison
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Returns By Period
In the year-to-date period, TBLLX achieves a 12.50% return, which is significantly higher than SSBRX's 6.58% return.
TBLLX
- 1D
- 1.12%
- 1M
- 1.26%
- 6M
- 8.38%
- YTD
- 12.50%
- 1Y
- 23.05%
- 3Y*
- 18.23%
- 5Y*
- 9.95%
- 10Y*
- —
- ALL TIME*
- 9.99%
SSBRX
- 1D
- 0.37%
- 1M
- 0.45%
- 6M
- 4.67%
- YTD
- 6.58%
- 1Y
- 12.12%
- 3Y*
- 11.20%
- 5Y*
- 4.99%
- 10Y*
- 7.61%
- ALL TIME*
- 7.10%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TBLLX vs. SSBRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
TBLLX T. Rowe Price Retirement Blend 2050 Fund | 12.50% | 20.35% | 15.04% | 21.21% | -18.10% | 4.24% |
SSBRX State Street Target Retirement 2025 Fund | 6.58% | 12.93% | 8.73% | 13.61% | -15.51% | 1.48% |
Correlation
The correlation between TBLLX and SSBRX is 0.93, 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. | 0.93 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 2021 | 0.93 |
The correlation between TBLLX and SSBRX has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.
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Return for Risk
TBLLX vs. SSBRX — Risk / Return Rank
TBLLX
SSBRX
TBLLX vs. SSBRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement Blend 2050 Fund (TBLLX) and State Street Target Retirement 2025 Fund (SSBRX). 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.
| TBLLX | SSBRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.29 | ||
| Sortino ratioReturn per unit of downside risk | -0.49 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.42 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 2.92 | -0.28 |
| Martin ratioReturn relative to average drawdown | 11.32 | 12.67 | -1.35 |
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Drawdowns
TBLLX vs. SSBRX - Drawdown Comparison
The maximum TBLLX drawdown since its inception was -26.50%, which is greater than SSBRX's maximum drawdown of -21.96%. Use the drawdown chart below to compare losses from any high point for TBLLX and SSBRX.
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Drawdown Indicators
| TBLLX | SSBRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.50% | -21.96% | -4.54% |
Max Drawdown (1Y)Largest decline over 1 year | -9.43% | -4.44% | -4.99% |
Max Drawdown (3Y)Largest decline over 3 years | -16.11% | -7.36% | -8.75% |
Max Drawdown (5Y)Largest decline over 5 years | -26.50% | -21.13% | -5.37% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.96% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.15% | +0.15% |
Average DrawdownAverage peak-to-trough decline | -6.40% | -3.68% | -2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.20% | 1.02% | +1.18% |
Volatility
TBLLX vs. SSBRX - Volatility Comparison
T. Rowe Price Retirement Blend 2050 Fund (TBLLX) has a higher volatility of 3.73% compared to State Street Target Retirement 2025 Fund (SSBRX) at 1.51%. This indicates that TBLLX's price experiences larger fluctuations and is considered to be riskier than SSBRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TBLLX | SSBRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.73% | 1.51% | +2.22% |
Volatility (6M)Calculated over the trailing 6-month period | 10.92% | 4.88% | +6.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.15% | 5.93% | +7.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.55% | 8.86% | +6.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.53% | 9.75% | +5.78% |
TBLLX vs. SSBRX - Expense Ratio Comparison
TBLLX has a 0.43% expense ratio, which is higher than SSBRX's 0.13% expense ratio.
Dividends
TBLLX vs. SSBRX - Dividend Comparison
TBLLX's dividend yield for the trailing twelve months is around 2.20%, less than SSBRX's 5.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SSBRX State Street Target Retirement 2025 Fund | 5.69% | 6.07% | 6.67% | 4.60% | 6.60% | 6.44% | 4.74% | 6.58% | 5.35% | 0.60% | 1.84% | 2.38% |
TBLLX T. Rowe Price Retirement Blend 2050 Fund | 2.20% | 2.47% | 1.92% | 1.72% | 1.96% | 2.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.93, TBLLX and SSBRX 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.
TBLLX has higher volatility (3.73%) compared to SSBRX (1.51%). In terms of maximum drawdown, TBLLX dropped -26.50% vs SSBRX's -21.96%.
SSBRX currently has the higher Sharpe Ratio (2.19 vs 1.90), 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.
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