PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
TRIKX vs. PRDGX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

TRIKX vs. PRDGX

Last updated Apr 2, 2026

Compare and contrast key facts about T. Rowe Price Retirement 2045 Fund Class I (TRIKX) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX).

TRIKX is a passively managed fund by T. Rowe Price that tracks the performance of the S&P Target Date 2045. It was launched on Nov 13, 2023. PRDGX is managed by T. Rowe Price. It was launched on Dec 30, 1992.

Performance

TRIKX vs. PRDGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Retirement 2045 Fund Class I (TRIKX) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

TRIKX vs. PRDGX - Yearly Performance Comparison

2026 (YTD)202520242023
TRIKX
T. Rowe Price Retirement 2045 Fund Class I		-0.91%18.71%14.23%7.04%
PRDGX
T. Rowe Price Dividend Growth Fund, Inc.		-0.55%14.74%13.48%6.08%

Returns By Period

In the year-to-date period, TRIKX achieves a -0.91% return, which is significantly lower than PRDGX's -0.55% return.

TRIKX

1D
2.73%
1M
-6.29%
YTD
-0.91%
6M
1.62%
1Y
17.01%
3Y*
—
5Y*
—
10Y*
—

PRDGX

1D
1.97%
1M
-5.22%
YTD
-0.55%
6M
1.72%
1Y
11.40%
3Y*
13.02%
5Y*
9.49%
10Y*
12.31%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

T. Rowe Price Retirement 2045 Fund Class I

T. Rowe Price Dividend Growth Fund, Inc.

Often compared with TRIKX:
TRIKX vs. VOOTRIKX vs. VTTRIKX vs. FSPSXTRIKX vs. TRLGXTRIKX vs. FFGZXTRIKX vs. FYTKXTRIKX vs. PREIX
Often compared with PRDGX:
PRDGX vs. VDIGXPRDGX vs. SCHDPRDGX vs. VIGPRDGX vs. FDGFXPRDGX vs. PRFDXPRDGX vs. VOOPRDGX vs. PRCOX

TRIKX vs. PRDGX - Expense Ratio Comparison

TRIKX has a 0.43% expense ratio, which is lower than PRDGX's 0.62% expense ratio.

PRDGX
T. Rowe Price Dividend Growth Fund, Inc.
TRIKX
T. Rowe Price Retirement 2045 Fund Class I

Return for Risk

TRIKX vs. PRDGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
TRIKX
TRIKX Risk / Return Rank: 5353
Overall Rank
TRIKX Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
TRIKX Sortino Ratio Rank: 5151
Sortino Ratio Rank
TRIKX Omega Ratio Rank: 5353
Omega Ratio Rank
TRIKX Calmar Ratio Rank: 4949
Calmar Ratio Rank
TRIKX Martin Ratio Rank: 5959
Martin Ratio Rank
PRDGX
PRDGX Risk / Return Rank: 4040
Overall Rank
PRDGX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
PRDGX Sortino Ratio Rank: 3333
Sortino Ratio Rank
PRDGX Omega Ratio Rank: 3535
Omega Ratio Rank
PRDGX Calmar Ratio Rank: 4343
Calmar Ratio Rank
PRDGX Martin Ratio Rank: 5454
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.

TRIKX vs. PRDGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2045 Fund Class I (TRIKX) and T. Rowe Price Dividend Growth Fund, Inc. (PRDGX). 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.

TRIKXPRDGXDifference

Sharpe ratio

Return per unit of total volatility

1.11

0.77

+0.33

Sortino ratio

Return per unit of downside risk

1.61

1.17

+0.44

Omega ratio

Gain probability vs. loss probability

1.24

1.18

+0.07

Calmar ratio

Return relative to maximum drawdown

1.52

1.13

+0.40

Martin ratio

Return relative to average drawdown

6.87

5.36

+1.52

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TRIKX vs. PRDGX - Sharpe Ratio Comparison

The current TRIKX Sharpe Ratio is 1.11, which is higher than the PRDGX Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of TRIKX and PRDGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Loading graphics...

Sharpe Ratios by Period

TRIKXPRDGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.11

0.77

+0.33

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.68

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.78

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.24

0.65

+0.59

Correlation

The correlation between TRIKX and PRDGX is 0.87, 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

TRIKX vs. PRDGX - Dividend Comparison

TRIKX's dividend yield for the trailing twelve months is around 3.99%, less than PRDGX's 8.14% yield.

TTM20252024202320222021202020192018201720162015
TRIKX
T. Rowe Price Retirement 2045 Fund Class I		3.99%3.95%2.21%4.42%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
PRDGX
T. Rowe Price Dividend Growth Fund, Inc.		8.14%8.02%4.66%2.78%3.81%2.00%1.03%2.33%3.67%1.82%3.07%7.57%

Drawdowns

TRIKX vs. PRDGX - Drawdown Comparison

The maximum TRIKX drawdown since its inception was -15.16%, smaller than the maximum PRDGX drawdown of -49.79%. Use the drawdown chart below to compare losses from any high point for TRIKX and PRDGX.

Loading graphics...

Drawdown Indicators

TRIKXPRDGXDifference

Max Drawdown

Largest peak-to-trough decline

-15.16%

-49.79%

+34.63%

Max Drawdown (1Y)

Largest decline over 1 year

-11.42%

-11.28%

-0.14%

Max Drawdown (5Y)

Largest decline over 5 years

—

-19.31%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.18%

—

Current Drawdown

Current decline from peak

-7.05%

-5.50%

-1.55%

Average Drawdown

Average peak-to-trough decline

-1.55%

-5.44%

+3.89%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.53%

2.37%

+0.16%

Volatility

TRIKX vs. PRDGX - Volatility Comparison

T. Rowe Price Retirement 2045 Fund Class I (TRIKX) has a higher volatility of 5.87% compared to T. Rowe Price Dividend Growth Fund, Inc. (PRDGX) at 4.13%. This indicates that TRIKX's price experiences larger fluctuations and is considered to be riskier than PRDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading graphics...

Volatility by Period

TRIKXPRDGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.87%

4.13%

+1.74%

Volatility (6M)

Calculated over the trailing 6-month period

9.21%

7.61%

+1.60%

Volatility (1Y)

Calculated over the trailing 1-year period

15.73%

15.09%

+0.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.49%

14.08%

-0.59%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.49%

15.87%

-2.38%