TRIKX vs. PREIX
Compare and contrast key facts about T. Rowe Price Retirement 2045 Fund Class I (TRIKX) and T. Rowe Price Equity Index 500 Fund (PREIX).
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. PREIX is managed by T. Rowe Price. It was launched on Mar 30, 1990.
Performance
TRIKX vs. PREIX - Performance Comparison
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TRIKX vs. PREIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
TRIKX T. Rowe Price Retirement 2045 Fund Class I | -0.91% | 18.71% | 14.23% | 7.04% |
PREIX T. Rowe Price Equity Index 500 Fund | -4.39% | 19.24% | 24.78% | 6.32% |
Returns By Period
In the year-to-date period, TRIKX achieves a -0.91% return, which is significantly higher than PREIX's -4.39% return.
TRIKX
- 1D
- 2.73%
- 1M
- -6.29%
- YTD
- -0.91%
- 6M
- 1.62%
- 1Y
- 17.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PREIX
- 1D
- 2.92%
- 1M
- -5.05%
- YTD
- -4.39%
- 6M
- -0.92%
- 1Y
- 18.69%
- 3Y*
- 18.61%
- 5Y*
- 11.89%
- 10Y*
- 13.98%
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TRIKX vs. PREIX - Expense Ratio Comparison
TRIKX has a 0.43% expense ratio, which is higher than PREIX's 0.15% expense ratio.
Return for Risk
TRIKX vs. PREIX — Risk / Return Rank
TRIKX
PREIX
TRIKX vs. PREIX - 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 Equity Index 500 Fund (PREIX). 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.
| TRIKX | PREIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 1.05 | +0.05 |
Sortino ratioReturn per unit of downside risk | 1.61 | 1.59 | +0.02 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.25 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.52 | 1.63 | -0.11 |
Martin ratioReturn relative to average drawdown | 6.87 | 7.85 | -0.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TRIKX | PREIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 1.05 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.70 | — |
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 | 0.59 | +0.64 |
Correlation
The correlation between TRIKX and PREIX is 0.92, 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. PREIX - Dividend Comparison
TRIKX's dividend yield for the trailing twelve months is around 3.99%, more than PREIX's 3.85% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
PREIX T. Rowe Price Equity Index 500 Fund | 3.85% | 3.66% | 1.17% | 1.32% | 1.50% | 1.56% | 1.97% | 2.13% | 2.60% | 1.30% | 2.03% | 2.02% |
Drawdowns
TRIKX vs. PREIX - Drawdown Comparison
The maximum TRIKX drawdown since its inception was -15.16%, smaller than the maximum PREIX drawdown of -55.32%. Use the drawdown chart below to compare losses from any high point for TRIKX and PREIX.
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Drawdown Indicators
| TRIKX | PREIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.16% | -55.32% | +40.16% |
Max Drawdown (1Y)Largest decline over 1 year | -11.42% | -12.12% | +0.70% |
Max Drawdown (5Y)Largest decline over 5 years | — | -24.60% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.81% | — |
Current DrawdownCurrent decline from peak | -7.05% | -6.27% | -0.78% |
Average DrawdownAverage peak-to-trough decline | -1.55% | -8.76% | +7.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 2.52% | +0.01% |
Volatility
TRIKX vs. PREIX - Volatility Comparison
T. Rowe Price Retirement 2045 Fund Class I (TRIKX) has a higher volatility of 5.87% compared to T. Rowe Price Equity Index 500 Fund (PREIX) at 5.35%. This indicates that TRIKX's price experiences larger fluctuations and is considered to be riskier than PREIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRIKX | PREIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.87% | 5.35% | +0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 9.21% | 9.48% | -0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.73% | 18.28% | -2.55% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.49% | 17.00% | -3.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.49% | 18.08% | -4.59% |