TRRHX vs. LTTIX

Last updated Jul 17, 2026

TRRHX (T. Rowe Price Retirement 2025 Fund) and LTTIX (MFS Lifetime 2025 Fund) are both Target Retirement Date funds. Their correlation of 0.93 suggests significant overlap in exposure. TRRHX charges 0.55%/yr vs 0.00%/yr for LTTIX.

Performance

TRRHX vs. LTTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Retirement 2025 Fund (TRRHX) and MFS Lifetime 2025 Fund (LTTIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TRRHX

• 1D: 0.27%
• 1M: 0.05%
• 6M: 4.73%
• YTD: 6.69%
• 1Y: 7.11%
• 3Y*: 9.28%
• 5Y*: 4.52%
• 10Y*: 7.66%

LTTIX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TRRHX vs. LTTIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TRRHX T. Rowe Price Retirement 2025 Fund	6.69%	6.59%	9.71%	14.63%	-15.59%	12.02%	14.68%	20.96%	-5.68%	17.69%
LTTIX MFS Lifetime 2025 Fund	2.74%	9.29%	6.73%	10.36%	-12.36%	8.61%	10.61%	17.82%	-3.97%	13.16%

Correlation

The correlation between TRRHX and LTTIX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.92
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013	0.93

The correlation between TRRHX and LTTIX shifts across timeframes, from 0.81 (1 year) to 0.93 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TRRHX vs. LTTIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TRRHX

TRRHX Risk / Return Rank: 15
TRRHX Sharpe Ratio Rank: 15
TRRHX Sortino Ratio Rank: 12
TRRHX Omega Ratio Rank: 20
TRRHX Calmar Ratio Rank: 14
TRRHX Martin Ratio Rank: 15

LTTIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TRRHX vs. LTTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2025 Fund (TRRHX) and MFS Lifetime 2025 Fund (LTTIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	TRRHX	LTTIX	Difference
Sharpe ratio: Return per unit of total volatility	0.82	—	—
Sortino ratio: Return per unit of downside risk	1.07	—	—
Omega ratio: Gain probability vs. loss probability	1.18	—	—
Calmar ratio: Return relative to maximum drawdown	0.96	—	—
Martin ratio: Return relative to average drawdown	2.90	—	—

Drawdowns

Drawdown Indicators

	TRRHX	LTTIX	Difference
Max Drawdown Largest peak-to-trough decline	-50.04%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-7.80%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-8.69%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-22.00%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-26.42%	—	—
Current Drawdown Current decline from peak	-0.32%	—	—
Average Drawdown Average peak-to-trough decline	-5.75%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.56%	—	—

Volatility

Volatility by Period

	TRRHX	LTTIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.11%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	9.15%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.03%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.74%	—	—

TRRHX vs. LTTIX - Expense Ratio Comparison

TRRHX has a 0.55% expense ratio, which is higher than LTTIX's 0.00% expense ratio.

Dividends

TRRHX vs. LTTIX - Dividend Comparison

TRRHX has not paid dividends to shareholders, while LTTIX's dividend yield for the trailing twelve months is around 11.54%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LTTIX MFS Lifetime 2025 Fund	11.54%	8.13%	7.07%	3.30%	5.88%	7.35%	2.83%	3.68%	4.32%	3.51%	4.03%	1.82%
TRRHX T. Rowe Price Retirement 2025 Fund	0.00%	0.00%	4.13%	6.58%	12.69%	10.87%	5.21%	4.95%	7.52%	3.70%	2.00%	3.11%

Frequently Asked Questions

Can I hold both TRRHX and LTTIX in my portfolio?

TRRHX and LTTIX have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.