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TBLYX vs. USD=X
Performance
Return for Risk
Drawdowns
Volatility

Performance

TBLYX vs. USD=X - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Retirement Blend 2035 Fund (TBLYX) and USD Cash (USD=X). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


TBLYX

1D
1.86%
1M
0.08%
YTD
7.90%
6M
8.49%
1Y
19.16%
3Y*
15.45%
5Y*
10Y*

USD=X

1D
0.00%
1M
0.00%
YTD
0.00%
6M
0.00%
1Y
0.00%
3Y*
0.00%
5Y*
0.00%
10Y*
0.00%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TBLYX vs. USD=X - Yearly Performance Comparison


2026 (YTD)20252024202320222021
TBLYX
T. Rowe Price Retirement Blend 2035 Fund
7.90%17.30%12.43%18.44%-17.17%4.09%
USD=X
USD Cash
0.00%0.00%0.00%0.00%0.00%0.00%

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Return for Risk

TBLYX vs. USD=X — Risk / Return Rank

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

TBLYX
TBLYX Risk / Return Rank: 6464
Overall Rank
TBLYX Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
TBLYX Sortino Ratio Rank: 6262
Sortino Ratio Rank
TBLYX Omega Ratio Rank: 6464
Omega Ratio Rank
TBLYX Calmar Ratio Rank: 6060
Calmar Ratio Rank
TBLYX Martin Ratio Rank: 7070
Martin Ratio Rank

USD=X

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

TBLYX vs. USD=X - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement Blend 2035 Fund (TBLYX) and USD Cash (USD=X). 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.


TBLYXUSD=XDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.36

Calmar ratioReturn relative to maximum drawdown

2.51

Martin ratioReturn relative to average drawdown

10.93

TBLYX vs. USD=X - Sharpe Ratio Comparison


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Drawdowns

TBLYX vs. USD=X - Drawdown Comparison

The maximum TBLYX drawdown since its inception was -24.54%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TBLYX and USD=X.


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Drawdown Indicators


TBLYXUSD=XDifference

Max Drawdown

Largest peak-to-trough decline

-24.54%

0.00%

-24.54%

Max Drawdown (1Y)

Largest decline over 1 year

-7.83%

0.00%

-7.83%

Max Drawdown (3Y)

Largest decline over 3 years

-13.02%

0.00%

-13.02%

Max Drawdown (5Y)

Largest decline over 5 years

0.00%

Max Drawdown (10Y)

Largest decline over 10 years

0.00%

Current Drawdown

Current decline from peak

-1.58%

0.00%

-1.58%

Average Drawdown

Average peak-to-trough decline

-6.07%

0.00%

-6.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.80%

0.00%

+1.80%

Volatility

TBLYX vs. USD=X - Volatility Comparison

T. Rowe Price Retirement Blend 2035 Fund (TBLYX) has a higher volatility of 4.08% compared to USD Cash (USD=X) at 0.00%. This indicates that TBLYX's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


TBLYXUSD=XDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.08%

0.00%

+4.08%

Volatility (6M)

Calculated over the trailing 6-month period

8.52%

0.00%

+8.52%

Volatility (1Y)

Calculated over the trailing 1-year period

10.34%

0.00%

+10.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.11%

0.00%

+13.11%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.11%

0.00%

+13.11%

Frequently Asked Questions


TBLYX has higher volatility (4.08%) compared to USD=X (0.00%). In terms of maximum drawdown, TBLYX dropped -24.54% vs USD=X's 0.00%.

Portfolio Optimizer

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