TRRCX vs. BIGPX
Compare and contrast key facts about T. Rowe Price Retirement 2030 Fund (TRRCX) and BlackRock 60/40 Target Allocation Fund Class I (BIGPX).
TRRCX is managed by T. Rowe Price. It was launched on Sep 29, 2002. BIGPX is managed by Blackrock. It was launched on Dec 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRRCX or BIGPX.
Performance
TRRCX vs. BIGPX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with TRRCX having a 12.95% return and BIGPX slightly lower at 12.63%. Over the past 10 years, TRRCX has outperformed BIGPX with an annualized return of 7.84%, while BIGPX has yielded a comparatively lower 3.77% annualized return.
TRRCX
12.95%
1.20%
6.29%
18.92%
8.26%
7.84%
BIGPX
12.63%
0.61%
6.25%
17.28%
6.01%
3.77%
Key characteristics
| TRRCX | BIGPX | |
|---|---|---|
| Sharpe Ratio | 2.37 | 1.87 |
| Sortino Ratio | 3.34 | 2.68 |
| Omega Ratio | 1.44 | 1.36 |
| Calmar Ratio | 1.98 | 1.37 |
| Martin Ratio | 15.28 | 10.64 |
| Ulcer Index | 1.24% | 1.62% |
| Daily Std Dev | 7.98% | 9.22% |
| Max Drawdown | -52.28% | -49.06% |
| Current Drawdown | -0.55% | -1.08% |
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TRRCX vs. BIGPX - Expense Ratio Comparison
TRRCX has a 0.59% expense ratio, which is higher than BIGPX's 0.43% expense ratio.
Correlation
The correlation between TRRCX and BIGPX 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.
Risk-Adjusted Performance
TRRCX vs. BIGPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2030 Fund (TRRCX) and BlackRock 60/40 Target Allocation Fund Class I (BIGPX). 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.
Dividends
TRRCX vs. BIGPX - Dividend Comparison
TRRCX's dividend yield for the trailing twelve months is around 1.73%, less than BIGPX's 2.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRCX T. Rowe Price Retirement 2030 Fund | 1.73% | 1.96% | 1.98% | 1.09% | 1.09% | 1.89% | 1.97% | 1.54% | 1.60% | 1.70% | 5.65% | 1.28% |
BIGPX BlackRock 60/40 Target Allocation Fund Class I | 2.09% | 2.35% | 2.60% | 2.26% | 1.37% | 2.57% | 1.79% | 2.24% | 1.76% | 1.91% | 3.77% | 1.54% |
Drawdowns
TRRCX vs. BIGPX - Drawdown Comparison
The maximum TRRCX drawdown since its inception was -52.28%, which is greater than BIGPX's maximum drawdown of -49.06%. Use the drawdown chart below to compare losses from any high point for TRRCX and BIGPX. For additional features, visit the drawdowns tool.
Volatility
TRRCX vs. BIGPX - Volatility Comparison
T. Rowe Price Retirement 2030 Fund (TRRCX) and BlackRock 60/40 Target Allocation Fund Class I (BIGPX) have volatilities of 2.09% and 2.15%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.