TRRCX vs. IVV
Compare and contrast key facts about T. Rowe Price Retirement 2030 Fund (TRRCX) and iShares Core S&P 500 ETF (IVV).
TRRCX is managed by T. Rowe Price. It was launched on Sep 29, 2002. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRRCX or IVV.
Performance
TRRCX vs. IVV - Performance Comparison
Returns By Period
In the year-to-date period, TRRCX achieves a 12.95% return, which is significantly lower than IVV's 26.56% return. Over the past 10 years, TRRCX has underperformed IVV with an annualized return of 7.84%, while IVV has yielded a comparatively higher 13.20% annualized return.
TRRCX
12.95%
1.20%
6.29%
18.92%
8.26%
7.84%
IVV
26.56%
3.04%
13.24%
32.78%
15.74%
13.20%
Key characteristics
| TRRCX | IVV | |
|---|---|---|
| Sharpe Ratio | 2.37 | 2.70 |
| Sortino Ratio | 3.34 | 3.60 |
| Omega Ratio | 1.44 | 1.50 |
| Calmar Ratio | 1.98 | 3.90 |
| Martin Ratio | 15.28 | 17.52 |
| Ulcer Index | 1.24% | 1.87% |
| Daily Std Dev | 7.98% | 12.16% |
| Max Drawdown | -52.28% | -55.25% |
| Current Drawdown | -0.55% | -0.52% |
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TRRCX vs. IVV - Expense Ratio Comparison
TRRCX has a 0.59% expense ratio, which is higher than IVV's 0.03% expense ratio.
Correlation
The correlation between TRRCX and IVV 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.
Risk-Adjusted Performance
TRRCX vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2030 Fund (TRRCX) and iShares Core S&P 500 ETF (IVV). 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. IVV - Dividend Comparison
TRRCX's dividend yield for the trailing twelve months is around 1.73%, more than IVV's 1.24% 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% |
IVV iShares Core S&P 500 ETF | 1.24% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% | 1.80% |
Drawdowns
TRRCX vs. IVV - Drawdown Comparison
The maximum TRRCX drawdown since its inception was -52.28%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for TRRCX and IVV. For additional features, visit the drawdowns tool.
Volatility
TRRCX vs. IVV - Volatility Comparison
The current volatility for T. Rowe Price Retirement 2030 Fund (TRRCX) is 2.09%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.98%. This indicates that TRRCX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.