TRRHX vs. PRCOX
TRRHX (T. Rowe Price Retirement 2025 Fund) and PRCOX (T. Rowe Price U.S. Equity Research Fund) are both mutual funds - TRRHX is a Target Retirement Date fund managed by T. Rowe Price, while PRCOX is a Large Cap Blend Equities fund actively managed by T. Rowe Price. Over the past 10 years, TRRHX returned 8.05%/yr vs 16.22%/yr for PRCOX. Their correlation of 0.95 suggests significant overlap in exposure. TRRHX charges 0.55%/yr vs 0.42%/yr for PRCOX.
Performance
TRRHX vs. PRCOX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TRRHX achieves a 5.67% return, which is significantly lower than PRCOX's 8.64% return. Over the past 10 years, TRRHX has underperformed PRCOX with an annualized return of 8.05%, while PRCOX has yielded a comparatively higher 16.22% annualized return.
TRRHX
- 1D
- 0.11%
- 1M
- -0.59%
- YTD
- 5.67%
- 6M
- 5.19%
- 1Y
- 7.19%
- 3Y*
- 9.81%
- 5Y*
- 4.24%
- 10Y*
- 8.05%
PRCOX
- 1D
- -0.11%
- 1M
- -1.95%
- YTD
- 8.64%
- 6M
- 7.25%
- 1Y
- 22.15%
- 3Y*
- 21.34%
- 5Y*
- 13.53%
- 10Y*
- 16.22%
TRRHX vs. PRCOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRRHX T. Rowe Price Retirement 2025 Fund | 5.67% | 6.59% | 9.71% | 14.63% | -15.59% | 12.02% | 14.68% | 20.96% | -5.68% | 17.69% |
PRCOX T. Rowe Price U.S. Equity Research Fund | 8.64% | 16.34% | 26.41% | 29.82% | -18.80% | 28.06% | 19.82% | 33.04% | -4.73% | 23.80% |
Correlation
The correlation between TRRHX and PRCOX is 0.85, 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 | 0.85 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.87 |
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 Mar 1, 2004 | 0.95 |
The correlation between TRRHX and PRCOX has been stable across timeframes, ranging from 0.85 to 0.95 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TRRHX vs. PRCOX — Risk / Return Rank
TRRHX
PRCOX
TRRHX vs. PRCOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2025 Fund (TRRHX) and T. Rowe Price U.S. Equity Research Fund (PRCOX). 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 | PRCOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.97 | ||
| Sortino ratioReturn per unit of downside risk | -1.41 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.32 | -0.14 |
| Calmar ratioReturn relative to maximum drawdown | 0.93 | 2.40 | -1.47 |
| Martin ratioReturn relative to average drawdown | 2.81 | 10.77 | -7.96 |
Loading charts...
Drawdowns
TRRHX vs. PRCOX - Drawdown Comparison
The maximum TRRHX drawdown since its inception was -50.04%, smaller than the maximum PRCOX drawdown of -53.96%. Use the drawdown chart below to compare losses from any high point for TRRHX and PRCOX.
Loading charts...
Drawdown Indicators
| TRRHX | PRCOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.04% | -53.96% | +3.92% |
Max Drawdown (1Y)Largest decline over 1 year | -7.80% | -9.32% | +1.52% |
Max Drawdown (3Y)Largest decline over 3 years | -8.69% | -19.39% | +10.70% |
Max Drawdown (5Y)Largest decline over 5 years | -22.00% | -24.94% | +2.94% |
Max Drawdown (10Y)Largest decline over 10 years | -26.42% | -34.42% | +8.00% |
Current DrawdownCurrent decline from peak | -1.17% | -3.07% | +1.90% |
Average DrawdownAverage peak-to-trough decline | -5.76% | -9.17% | +3.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.55% | 2.07% | +0.48% |
Volatility
TRRHX vs. PRCOX - Volatility Comparison
The current volatility for T. Rowe Price Retirement 2025 Fund (TRRHX) is 3.03%, while T. Rowe Price U.S. Equity Research Fund (PRCOX) has a volatility of 5.19%. This indicates that TRRHX experiences smaller price fluctuations and is considered to be less risky than PRCOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TRRHX | PRCOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.03% | 5.19% | -2.16% |
Volatility (6M)Calculated over the trailing 6-month period | 8.19% | 10.40% | -2.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.13% | 12.73% | -3.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.02% | 17.46% | -7.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.78% | 18.37% | -7.59% |
TRRHX vs. PRCOX - Expense Ratio Comparison
TRRHX has a 0.55% expense ratio, which is higher than PRCOX's 0.42% expense ratio.
Dividends
TRRHX vs. PRCOX - Dividend Comparison
TRRHX has not paid dividends to shareholders, while PRCOX's dividend yield for the trailing twelve months is around 1.08%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PRCOX T. Rowe Price U.S. Equity Research Fund | 1.08% | 1.17% | 0.64% | 1.17% | 1.28% | 3.71% | 1.04% | 1.39% | 5.60% | 7.02% | 7.28% | 8.76% |
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
TRRHX and PRCOX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PRCOX has higher volatility (5.19%) compared to TRRHX (3.03%). In terms of maximum drawdown, TRRHX dropped -50.04% vs PRCOX's -53.96%.
PRCOX currently has the higher Sharpe Ratio (1.77 vs 0.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for TRRHX and PRCOX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer