TRRBX vs. URSIX
TRRBX (T. Rowe Price Retirement 2020 Fund) and URSIX (USAA Target Retirement 2060 Fund) are both Target Retirement Date funds. Over the past 10 years, TRRBX returned 6.82%/yr vs 10.23%/yr for URSIX. Their 0.95 correlation means they have historically moved very closely together. TRRBX charges 0.53%/yr vs 0.10%/yr for URSIX.
Performance
TRRBX vs. URSIX - Performance Comparison
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Returns By Period
In the year-to-date period, TRRBX achieves a 5.83% return, which is significantly lower than URSIX's 13.54% return. Over the past 10 years, TRRBX has underperformed URSIX with an annualized return of 6.82%, while URSIX has yielded a comparatively higher 10.23% annualized return.
TRRBX
- 1D
- 0.92%
- 1M
- -0.29%
- 6M
- 3.21%
- YTD
- 5.83%
- 1Y
- 5.83%
- 3Y*
- 8.22%
- 5Y*
- 3.94%
- 10Y*
- 6.82%
- ALL TIME*
- 7.65%
URSIX
- 1D
- 1.42%
- 1M
- 0.56%
- 6M
- 9.91%
- YTD
- 13.54%
- 1Y
- 25.18%
- 3Y*
- 16.85%
- 5Y*
- 9.74%
- 10Y*
- 10.23%
- ALL TIME*
- 8.97%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TRRBX vs. URSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRRBX T. Rowe Price Retirement 2020 Fund | 5.83% | 6.07% | 9.17% | 13.51% | -14.58% | 10.60% | 13.18% | 19.39% | -5.01% | 15.75% |
URSIX USAA Target Retirement 2060 Fund | 13.54% | 19.62% | 13.05% | 18.22% | -15.78% | 17.70% | 10.17% | 20.09% | -9.17% | 19.52% |
Correlation
The correlation between TRRBX and URSIX is 0.93, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.93 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.94 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Jul 22, 2013 | 0.95 |
The correlation between TRRBX and URSIX has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.
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Return for Risk
TRRBX vs. URSIX — Risk / Return Rank
TRRBX
URSIX
TRRBX vs. URSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2020 Fund (TRRBX) and USAA Target Retirement 2060 Fund (URSIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TRRBX | URSIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.29 | ||
| Sortino ratioReturn per unit of downside risk | -1.87 | ||
| Omega ratioGain probability vs. loss probability | 1.13 | 1.34 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 0.69 | 2.81 | -2.13 |
| Martin ratioReturn relative to average drawdown | 1.98 | 12.09 | -10.12 |
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Drawdowns
TRRBX vs. URSIX - Drawdown Comparison
The maximum TRRBX drawdown since its inception was -47.04%, which is greater than URSIX's maximum drawdown of -30.33%. Use the drawdown chart below to compare losses from any high point for TRRBX and URSIX.
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Drawdown Indicators
| TRRBX | URSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.04% | -30.33% | -16.71% |
Max Drawdown (1Y)Largest decline over 1 year | -7.68% | -8.32% | +0.64% |
Max Drawdown (3Y)Largest decline over 3 years | -8.24% | -14.35% | +6.11% |
Max Drawdown (5Y)Largest decline over 5 years | -20.54% | -23.85% | +3.31% |
Max Drawdown (10Y)Largest decline over 10 years | -23.90% | -30.33% | +6.43% |
Current DrawdownCurrent decline from peak | -0.81% | -0.28% | -0.53% |
Average DrawdownAverage peak-to-trough decline | -5.02% | -4.40% | -0.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 1.93% | +0.70% |
Volatility
TRRBX vs. URSIX - Volatility Comparison
The current volatility for T. Rowe Price Retirement 2020 Fund (TRRBX) is 1.91%, while USAA Target Retirement 2060 Fund (URSIX) has a volatility of 3.06%. This indicates that TRRBX experiences smaller price fluctuations and is considered to be less risky than URSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRRBX | URSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.91% | 3.06% | -1.15% |
Volatility (6M)Calculated over the trailing 6-month period | 6.09% | 10.34% | -4.25% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.93% | 12.45% | -3.52% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.26% | 14.21% | -4.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.61% | 14.52% | -4.91% |
TRRBX vs. URSIX - Expense Ratio Comparison
TRRBX has a 0.53% expense ratio, which is higher than URSIX's 0.10% expense ratio.
Dividends
TRRBX vs. URSIX - Dividend Comparison
TRRBX has not paid dividends to shareholders, while URSIX's dividend yield for the trailing twelve months is around 4.93%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRBX T. Rowe Price Retirement 2020 Fund | 0.00% | 0.00% | 4.28% | 6.78% | 13.33% | 12.99% | 9.80% | 5.52% | 9.63% | 4.79% | 1.76% | 2.92% |
URSIX USAA Target Retirement 2060 Fund | 4.93% | 5.60% | 2.55% | 2.89% | 10.97% | 7.07% | 4.79% | 5.88% | 4.77% | 3.82% | 3.01% | 1.73% |
Frequently Asked Questions
With a correlation of 0.93, TRRBX and URSIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
URSIX has higher volatility (3.06%) compared to TRRBX (1.91%). In terms of maximum drawdown, TRRBX dropped -47.04% vs URSIX's -30.33%.
URSIX currently has the higher Sharpe Ratio (1.88 vs 0.59), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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