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TRPKX vs. SWPPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

TRPKX vs. SWPPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Retirement I 2045 Fund (TRPKX) and Schwab S&P 500 Index Fund (SWPPX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember0
12.85%
TRPKX
SWPPX

Returns By Period


TRPKX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

SWPPX

YTD

26.21%

1M

1.78%

6M

13.65%

1Y

32.35%

5Y (annualized)

15.69%

10Y (annualized)

13.15%

Key characteristics


TRPKXSWPPX

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TRPKX vs. SWPPX - Expense Ratio Comparison

TRPKX has a 0.45% expense ratio, which is higher than SWPPX's 0.02% expense ratio.


TRPKX
T. Rowe Price Retirement I 2045 Fund
Expense ratio chart for TRPKX: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%
Expense ratio chart for SWPPX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Correlation

-0.50.00.51.00.9

The correlation between TRPKX and SWPPX is 0.90, 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.

Risk-Adjusted Performance

TRPKX vs. SWPPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement I 2045 Fund (TRPKX) and Schwab S&P 500 Index Fund (SWPPX). 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.


Sharpe ratio
The chart of Sharpe ratio for TRPKX, currently valued at 1.82, compared to the broader market-1.000.001.002.003.004.005.001.822.67
The chart of Sortino ratio for TRPKX, currently valued at 2.88, compared to the broader market0.005.0010.002.883.56
The chart of Omega ratio for TRPKX, currently valued at 1.83, compared to the broader market1.002.003.004.001.831.50
The chart of Calmar ratio for TRPKX, currently valued at 0.92, compared to the broader market0.005.0010.0015.0020.000.923.89
The chart of Martin ratio for TRPKX, currently valued at 10.48, compared to the broader market0.0020.0040.0060.0080.00100.0010.4817.43
TRPKX
SWPPX

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.82
2.67
TRPKX
SWPPX

Dividends

TRPKX vs. SWPPX - Dividend Comparison

TRPKX has not paid dividends to shareholders, while SWPPX's dividend yield for the trailing twelve months is around 1.13%.


TTM20232022202120202019201820172016201520142013
TRPKX
T. Rowe Price Retirement I 2045 Fund
4.33%3.27%6.25%3.81%2.81%5.06%4.66%2.92%1.52%1.14%0.00%0.00%
SWPPX
Schwab S&P 500 Index Fund
1.13%1.43%1.67%1.17%1.81%1.77%2.20%1.75%1.99%2.15%1.80%1.67%

Drawdowns

TRPKX vs. SWPPX - Drawdown Comparison


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.02%
-0.82%
TRPKX
SWPPX

Volatility

TRPKX vs. SWPPX - Volatility Comparison

The current volatility for T. Rowe Price Retirement I 2045 Fund (TRPKX) is 0.00%, while Schwab S&P 500 Index Fund (SWPPX) has a volatility of 3.96%. This indicates that TRPKX experiences smaller price fluctuations and is considered to be less risky than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember0
3.96%
TRPKX
SWPPX