TRRDX vs. SCHX
Compare and contrast key facts about T. Rowe Price Retirement 2040 Fund (TRRDX) and Schwab U.S. Large-Cap ETF (SCHX).
TRRDX is managed by T. Rowe Price. It was launched on Sep 29, 2002. SCHX is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index. It was launched on Nov 3, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRRDX or SCHX.
Correlation
The correlation between TRRDX and SCHX 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.
Performance
TRRDX vs. SCHX - Performance Comparison
Key characteristics
TRRDX:
1.49
SCHX:
2.02
TRRDX:
2.05
SCHX:
2.68
TRRDX:
1.27
SCHX:
1.37
TRRDX:
0.73
SCHX:
3.09
TRRDX:
7.73
SCHX:
12.70
TRRDX:
2.00%
SCHX:
2.08%
TRRDX:
10.45%
SCHX:
13.13%
TRRDX:
-56.43%
SCHX:
-34.33%
TRRDX:
-8.85%
SCHX:
-1.69%
Returns By Period
In the year-to-date period, TRRDX achieves a 2.88% return, which is significantly higher than SCHX's 2.59% return. Over the past 10 years, TRRDX has underperformed SCHX with an annualized return of 4.23%, while SCHX has yielded a comparatively higher 16.18% annualized return.
TRRDX
2.88%
1.98%
5.01%
14.83%
4.11%
4.23%
SCHX
2.59%
1.02%
11.42%
25.86%
16.55%
16.18%
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TRRDX vs. SCHX - Expense Ratio Comparison
TRRDX has a 0.61% expense ratio, which is higher than SCHX's 0.03% expense ratio.
Risk-Adjusted Performance
TRRDX vs. SCHX — Risk-Adjusted Performance Rank
TRRDX
SCHX
TRRDX vs. SCHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2040 Fund (TRRDX) and Schwab U.S. Large-Cap ETF (SCHX). 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
TRRDX vs. SCHX - Dividend Comparison
TRRDX's dividend yield for the trailing twelve months is around 1.50%, less than SCHX's 1.74% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRDX T. Rowe Price Retirement 2040 Fund | 1.50% | 1.54% | 1.50% | 1.53% | 0.74% | 0.82% | 1.66% | 1.69% | 1.32% | 1.38% | 1.42% | 5.27% |
SCHX Schwab U.S. Large-Cap ETF | 1.74% | 1.78% | 2.87% | 3.13% | 1.85% | 4.11% | 3.44% | 5.46% | 4.23% | 3.26% | 5.22% | 4.35% |
Drawdowns
TRRDX vs. SCHX - Drawdown Comparison
The maximum TRRDX drawdown since its inception was -56.43%, which is greater than SCHX's maximum drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for TRRDX and SCHX. For additional features, visit the drawdowns tool.
Volatility
TRRDX vs. SCHX - Volatility Comparison
The current volatility for T. Rowe Price Retirement 2040 Fund (TRRDX) is 3.12%, while Schwab U.S. Large-Cap ETF (SCHX) has a volatility of 4.24%. This indicates that TRRDX experiences smaller price fluctuations and is considered to be less risky than SCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.