TRRDX vs. PPLIX
Compare and contrast key facts about T. Rowe Price Retirement 2040 Fund (TRRDX) and Principal LifeTime 2050 Fund (PPLIX).
TRRDX is managed by T. Rowe Price. It was launched on Sep 29, 2002. PPLIX is managed by Principal. It was launched on Feb 28, 2001.
Performance
TRRDX vs. PPLIX - Performance Comparison
Loading graphics...
TRRDX vs. PPLIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRRDX T. Rowe Price Retirement 2040 Fund | -0.90% | 12.53% | 13.15% | 19.60% | -18.77% | 16.52% | 18.10% | 24.71% | -7.41% | 22.03% |
PPLIX Principal LifeTime 2050 Fund | -2.38% | 17.55% | 19.12% | 20.36% | -18.78% | 17.04% | 16.56% | 26.67% | -8.74% | 22.12% |
Returns By Period
In the year-to-date period, TRRDX achieves a -0.90% return, which is significantly higher than PPLIX's -2.38% return. Over the past 10 years, TRRDX has underperformed PPLIX with an annualized return of 9.67%, while PPLIX has yielded a comparatively higher 10.56% annualized return.
TRRDX
- 1D
- 2.50%
- 1M
- -5.91%
- YTD
- -0.90%
- 6M
- -2.82%
- 1Y
- 10.75%
- 3Y*
- 12.47%
- 5Y*
- 5.97%
- 10Y*
- 9.67%
PPLIX
- 1D
- 2.85%
- 1M
- -5.10%
- YTD
- -2.38%
- 6M
- -0.51%
- 1Y
- 15.24%
- 3Y*
- 15.78%
- 5Y*
- 8.00%
- 10Y*
- 10.56%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TRRDX vs. PPLIX - Expense Ratio Comparison
TRRDX has a 0.61% expense ratio, which is higher than PPLIX's 0.01% expense ratio.
Return for Risk
TRRDX vs. PPLIX — Risk / Return Rank
TRRDX
PPLIX
TRRDX vs. PPLIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2040 Fund (TRRDX) and Principal LifeTime 2050 Fund (PPLIX). 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.
| TRRDX | PPLIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.76 | 1.00 | -0.24 |
Sortino ratioReturn per unit of downside risk | 1.14 | 1.52 | -0.38 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.22 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 0.82 | 1.38 | -0.56 |
Martin ratioReturn relative to average drawdown | 3.55 | 6.63 | -3.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TRRDX | PPLIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.76 | 1.00 | -0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.52 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.68 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.43 | +0.13 |
Correlation
The correlation between TRRDX and PPLIX is 0.96, 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.
Dividends
TRRDX vs. PPLIX - Dividend Comparison
TRRDX has not paid dividends to shareholders, while PPLIX's dividend yield for the trailing twelve months is around 10.19%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRDX T. Rowe Price Retirement 2040 Fund | 0.00% | 0.00% | 2.26% | 5.60% | 8.92% | 7.92% | 4.96% | 6.10% | 9.51% | 3.96% | 3.36% | 4.61% |
PPLIX Principal LifeTime 2050 Fund | 10.19% | 9.95% | 11.56% | 4.41% | 9.40% | 8.04% | 5.23% | 7.16% | 8.64% | 5.12% | 4.82% | 6.07% |
Drawdowns
TRRDX vs. PPLIX - Drawdown Comparison
The maximum TRRDX drawdown since its inception was -53.50%, roughly equal to the maximum PPLIX drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for TRRDX and PPLIX.
Loading graphics...
Drawdown Indicators
| TRRDX | PPLIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.50% | -55.61% | +2.11% |
Max Drawdown (1Y)Largest decline over 1 year | -10.64% | -11.42% | +0.78% |
Max Drawdown (5Y)Largest decline over 5 years | -27.26% | -26.85% | -0.41% |
Max Drawdown (10Y)Largest decline over 10 years | -31.46% | -32.67% | +1.21% |
Current DrawdownCurrent decline from peak | -6.60% | -5.96% | -0.64% |
Average DrawdownAverage peak-to-trough decline | -6.58% | -8.35% | +1.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.74% | 2.37% | +0.37% |
Volatility
TRRDX vs. PPLIX - Volatility Comparison
The current volatility for T. Rowe Price Retirement 2040 Fund (TRRDX) is 5.44%, while Principal LifeTime 2050 Fund (PPLIX) has a volatility of 5.80%. This indicates that TRRDX experiences smaller price fluctuations and is considered to be less risky than PPLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TRRDX | PPLIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.44% | 5.80% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 9.15% | 9.12% | +0.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.03% | 15.76% | -0.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.11% | 15.44% | -1.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.60% | 15.56% | -0.96% |