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

Correlation

The correlation between TRPKX and TRRKX is 0.95, 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.


-0.50.00.51.00.9

Performance

TRPKX vs. TRRKX - Performance Comparison

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

130.00%135.00%140.00%145.00%150.00%155.00%JulyAugustSeptemberOctoberNovemberDecember
127.18%
140.60%
TRPKX
TRRKX

Key characteristics

Returns By Period


TRPKX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

TRRKX

YTD

12.15%

1M

-3.87%

6M

2.43%

1Y

12.89%

5Y*

8.57%

10Y*

8.63%

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TRPKX vs. TRRKX - Expense Ratio Comparison

TRPKX has a 0.45% expense ratio, which is lower than TRRKX's 0.63% expense ratio.


TRRKX
T. Rowe Price Retirement 2045 Fund
Expense ratio chart for TRRKX: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%
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%

Risk-Adjusted Performance

TRPKX vs. TRRKX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement I 2045 Fund (TRPKX) and T. Rowe Price Retirement 2045 Fund (TRRKX). 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 1.22, compared to the broader market-1.000.001.002.003.004.001.221.30
The chart of Sortino ratio for TRPKX, currently valued at 1.92, compared to the broader market-2.000.002.004.006.008.0010.001.921.80
The chart of Omega ratio for TRPKX, currently valued at 1.66, compared to the broader market0.501.001.502.002.503.003.501.661.24
The chart of Calmar ratio for TRPKX, currently valued at 0.74, compared to the broader market0.002.004.006.008.0010.0012.0014.000.741.77
The chart of Martin ratio for TRPKX, currently valued at 5.68, compared to the broader market0.0020.0040.0060.005.688.08
TRPKX
TRRKX


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.22
1.30
TRPKX
TRRKX

Dividends

TRPKX vs. TRRKX - Dividend Comparison

Neither TRPKX nor TRRKX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
TRPKX
T. Rowe Price Retirement I 2045 Fund
1.11%3.27%6.25%3.81%2.81%5.06%4.66%2.92%1.52%1.14%0.00%0.00%
TRRKX
T. Rowe Price Retirement 2045 Fund
0.00%1.36%1.27%0.66%0.76%1.57%1.60%1.25%1.34%1.39%1.38%1.02%

Drawdowns

TRPKX vs. TRRKX - Drawdown Comparison


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-2.02%
-5.86%
TRPKX
TRRKX

Volatility

TRPKX vs. TRRKX - Volatility Comparison

The current volatility for T. Rowe Price Retirement I 2045 Fund (TRPKX) is 0.00%, while T. Rowe Price Retirement 2045 Fund (TRRKX) has a volatility of 3.39%. This indicates that TRPKX experiences smaller price fluctuations and is considered to be less risky than TRRKX 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%JulyAugustSeptemberOctoberNovemberDecember0
3.39%
TRPKX
TRRKX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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