TRIKX vs. PRWCX
Compare and contrast key facts about T. Rowe Price Retirement 2045 Fund Class I (TRIKX) and T. Rowe Price Capital Appreciation Fund (PRWCX).
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. PRWCX is managed by T. Rowe Price. It was launched on Jun 30, 1986.
Performance
TRIKX vs. PRWCX - Performance Comparison
Loading graphics...
TRIKX vs. PRWCX - 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% |
PRWCX T. Rowe Price Capital Appreciation Fund | -3.22% | 20.92% | 12.50% | 5.76% |
Returns By Period
In the year-to-date period, TRIKX achieves a -0.91% return, which is significantly higher than PRWCX's -3.22% return.
TRIKX
- 1D
- 2.73%
- 1M
- -6.29%
- YTD
- -0.91%
- 6M
- 1.62%
- 1Y
- 17.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
PRWCX
- 1D
- 1.91%
- 1M
- -2.92%
- YTD
- -3.22%
- 6M
- 5.51%
- 1Y
- 16.80%
- 3Y*
- 13.72%
- 5Y*
- 9.22%
- 10Y*
- 11.41%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TRIKX vs. PRWCX - Expense Ratio Comparison
TRIKX has a 0.43% expense ratio, which is lower than PRWCX's 0.68% expense ratio.
Return for Risk
TRIKX vs. PRWCX — Risk / Return Rank
TRIKX
PRWCX
TRIKX vs. PRWCX - 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 Capital Appreciation Fund (PRWCX). 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 | PRWCX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.11 | 1.27 | -0.16 |
Sortino ratioReturn per unit of downside risk | 1.61 | 2.37 | -0.75 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.34 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.52 | 2.34 | -0.82 |
Martin ratioReturn relative to average drawdown | 6.87 | 9.70 | -2.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TRIKX | PRWCX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.11 | 1.27 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.70 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.88 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.24 | 0.90 | +0.33 |
Correlation
The correlation between TRIKX and PRWCX is 0.86, 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. PRWCX - Dividend Comparison
TRIKX's dividend yield for the trailing twelve months is around 3.99%, less than PRWCX's 16.24% 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% |
PRWCX T. Rowe Price Capital Appreciation Fund | 16.24% | 15.72% | 10.38% | 4.15% | 9.44% | 9.23% | 7.97% | 5.83% | 7.46% | 6.82% | 3.51% | 9.86% |
Drawdowns
TRIKX vs. PRWCX - Drawdown Comparison
The maximum TRIKX drawdown since its inception was -15.16%, smaller than the maximum PRWCX drawdown of -41.77%. Use the drawdown chart below to compare losses from any high point for TRIKX and PRWCX.
Loading graphics...
Drawdown Indicators
| TRIKX | PRWCX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.16% | -41.77% | +26.61% |
Max Drawdown (1Y)Largest decline over 1 year | -11.42% | -6.80% | -4.62% |
Max Drawdown (5Y)Largest decline over 5 years | — | -17.07% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -26.86% | — |
Current DrawdownCurrent decline from peak | -7.05% | -4.47% | -2.58% |
Average DrawdownAverage peak-to-trough decline | -1.55% | -3.34% | +1.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 1.64% | +0.89% |
Volatility
TRIKX vs. PRWCX - Volatility Comparison
T. Rowe Price Retirement 2045 Fund Class I (TRIKX) has a higher volatility of 5.87% compared to T. Rowe Price Capital Appreciation Fund (PRWCX) at 3.64%. This indicates that TRIKX's price experiences larger fluctuations and is considered to be riskier than PRWCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TRIKX | PRWCX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.87% | 3.64% | +2.23% |
Volatility (6M)Calculated over the trailing 6-month period | 9.21% | 9.78% | -0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.73% | 13.57% | +2.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.49% | 13.24% | +0.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.49% | 12.98% | +0.51% |