TRRFX vs. VTINX
Compare and contrast key facts about T. Rowe Price Retirement 2005 Fund (TRRFX) and Vanguard Target Retirement Income Fund (VTINX).
TRRFX is managed by T. Rowe Price. It was launched on Feb 26, 2004. VTINX is managed by Vanguard. It was launched on Oct 27, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRRFX or VTINX.
Key characteristics
| TRRFX | VTINX | |
|---|---|---|
| YTD Return | 8.60% | 7.36% |
| 1Y Return | 14.75% | 13.43% |
| 3Y Return (Ann) | 1.98% | 1.46% |
| 5Y Return (Ann) | 5.53% | 4.26% |
| 10Y Return (Ann) | 5.11% | 4.37% |
| Sharpe Ratio | 2.41 | 2.39 |
| Daily Std Dev | 6.04% | 5.52% |
| Max Drawdown | -33.29% | -19.96% |
| Current Drawdown | -0.24% | -0.36% |
Correlation
The correlation between TRRFX and VTINX is 0.89, 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
TRRFX vs. VTINX - Performance Comparison
In the year-to-date period, TRRFX achieves a 8.60% return, which is significantly higher than VTINX's 7.36% return. Over the past 10 years, TRRFX has outperformed VTINX with an annualized return of 5.11%, while VTINX has yielded a comparatively lower 4.37% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TRRFX vs. VTINX - Expense Ratio Comparison
TRRFX has a 0.49% expense ratio, which is higher than VTINX's 0.08% expense ratio.
Risk-Adjusted Performance
TRRFX vs. VTINX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2005 Fund (TRRFX) and Vanguard Target Retirement Income Fund (VTINX). 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
TRRFX vs. VTINX - Dividend Comparison
TRRFX's dividend yield for the trailing twelve months is around 3.90%, less than VTINX's 4.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRFX T. Rowe Price Retirement 2005 Fund | 3.90% | 4.24% | 10.43% | 10.54% | 8.55% | 3.65% | 6.97% | 4.25% | 3.15% | 3.78% | 4.08% | 3.10% |
VTINX Vanguard Target Retirement Income Fund | 4.15% | 4.01% | 3.08% | 8.63% | 3.42% | 2.62% | 4.19% | 2.51% | 2.27% | 3.53% | 2.16% | 3.20% |
Drawdowns
TRRFX vs. VTINX - Drawdown Comparison
The maximum TRRFX drawdown since its inception was -33.29%, which is greater than VTINX's maximum drawdown of -19.96%. Use the drawdown chart below to compare losses from any high point for TRRFX and VTINX. For additional features, visit the drawdowns tool.
Volatility
TRRFX vs. VTINX - Volatility Comparison
T. Rowe Price Retirement 2005 Fund (TRRFX) has a higher volatility of 1.54% compared to Vanguard Target Retirement Income Fund (VTINX) at 1.30%. This indicates that TRRFX's price experiences larger fluctuations and is considered to be riskier than VTINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.