TRRFX vs. PZRMX
Compare and contrast key facts about T. Rowe Price Retirement 2005 Fund (TRRFX) and PIMCO Inflation Response Multi-Asset Fund (PZRMX).
TRRFX is managed by T. Rowe Price. It was launched on Feb 26, 2004. PZRMX is managed by PIMCO. It was launched on Aug 31, 2001.
Performance
TRRFX vs. PZRMX - Performance Comparison
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TRRFX vs. PZRMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRRFX T. Rowe Price Retirement 2005 Fund | -1.58% | 5.43% | 8.04% | 11.97% | -13.61% | 8.13% | 11.24% | 15.09% | -3.29% | 10.67% |
PZRMX PIMCO Inflation Response Multi-Asset Fund | 2.77% | 16.18% | 12.47% | 5.95% | -5.42% | 13.22% | 8.92% | 10.42% | -4.05% | 7.96% |
Returns By Period
In the year-to-date period, TRRFX achieves a -1.58% return, which is significantly lower than PZRMX's 2.77% return. Over the past 10 years, TRRFX has underperformed PZRMX with an annualized return of 5.09%, while PZRMX has yielded a comparatively higher 7.17% annualized return.
TRRFX
- 1D
- 0.08%
- 1M
- -4.61%
- YTD
- -1.58%
- 6M
- -5.34%
- 1Y
- 2.31%
- 3Y*
- 6.40%
- 5Y*
- 2.84%
- 10Y*
- 5.09%
PZRMX
- 1D
- 0.65%
- 1M
- -2.62%
- YTD
- 2.77%
- 6M
- 5.17%
- 1Y
- 12.48%
- 3Y*
- 12.02%
- 5Y*
- 8.51%
- 10Y*
- 7.17%
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TRRFX vs. PZRMX - Expense Ratio Comparison
TRRFX has a 0.49% expense ratio, which is lower than PZRMX's 1.18% expense ratio.
Return for Risk
TRRFX vs. PZRMX — Risk / Return Rank
TRRFX
PZRMX
TRRFX vs. PZRMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2005 Fund (TRRFX) and PIMCO Inflation Response Multi-Asset Fund (PZRMX). 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.
| TRRFX | PZRMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.29 | 1.95 | -1.66 |
Sortino ratioReturn per unit of downside risk | 0.41 | 2.60 | -2.19 |
Omega ratioGain probability vs. loss probability | 1.07 | 1.37 | -0.29 |
Calmar ratioReturn relative to maximum drawdown | 0.25 | 2.78 | -2.54 |
Martin ratioReturn relative to average drawdown | 0.73 | 12.67 | -11.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TRRFX | PZRMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.29 | 1.95 | -1.66 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 1.02 | -0.65 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.70 | 0.95 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.61 | 0.65 | -0.05 |
Correlation
The correlation between TRRFX and PZRMX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
TRRFX vs. PZRMX - Dividend Comparison
TRRFX has not paid dividends to shareholders, while PZRMX's dividend yield for the trailing twelve months is around 2.29%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRFX T. Rowe Price Retirement 2005 Fund | 0.00% | 0.00% | 3.87% | 4.24% | 10.43% | 10.54% | 8.55% | 3.65% | 6.97% | 4.25% | 1.28% | 1.69% |
PZRMX PIMCO Inflation Response Multi-Asset Fund | 2.29% | 2.35% | 9.84% | 0.00% | 13.86% | 11.20% | 0.54% | 2.56% | 11.15% | 6.06% | 0.16% | 2.73% |
Drawdowns
TRRFX vs. PZRMX - Drawdown Comparison
The maximum TRRFX drawdown since its inception was -33.29%, which is greater than PZRMX's maximum drawdown of -19.71%. Use the drawdown chart below to compare losses from any high point for TRRFX and PZRMX.
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Drawdown Indicators
| TRRFX | PZRMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.29% | -19.71% | -13.58% |
Max Drawdown (1Y)Largest decline over 1 year | -6.90% | -4.96% | -1.94% |
Max Drawdown (5Y)Largest decline over 5 years | -18.82% | -14.57% | -4.25% |
Max Drawdown (10Y)Largest decline over 10 years | -18.82% | -18.18% | -0.64% |
Current DrawdownCurrent decline from peak | -6.83% | -2.72% | -4.11% |
Average DrawdownAverage peak-to-trough decline | -3.51% | -4.64% | +1.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.34% | 1.09% | +1.25% |
Volatility
TRRFX vs. PZRMX - Volatility Comparison
T. Rowe Price Retirement 2005 Fund (TRRFX) and PIMCO Inflation Response Multi-Asset Fund (PZRMX) have volatilities of 2.32% and 2.33%, 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.
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Volatility by Period
| TRRFX | PZRMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.32% | 2.33% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 6.33% | 4.73% | +1.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.53% | 6.81% | +1.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.76% | 8.38% | -0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.33% | 7.56% | -0.23% |