TRRIX vs. IGIB
Compare and contrast key facts about T. Rowe Price Retirement Balanced Fund (TRRIX) and iShares Intermediate-Term Corporate Bond ETF (IGIB).
TRRIX is managed by T. Rowe Price. It was launched on Sep 30, 2002. IGIB is a passively managed fund by iShares that tracks the performance of the Bloomberg Barclays U.S. Intermediate Credit Index. It was launched on Jan 11, 2007.
Performance
TRRIX vs. IGIB - Performance Comparison
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TRRIX vs. IGIB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRRIX T. Rowe Price Retirement Balanced Fund | -1.64% | 12.43% | 9.69% | 11.34% | -13.16% | 8.63% | 11.48% | 15.32% | -3.29% | 10.38% |
IGIB iShares Intermediate-Term Corporate Bond ETF | -0.45% | 9.58% | 3.49% | 9.22% | -14.00% | -1.66% | 9.64% | 14.60% | -0.71% | 3.50% |
Returns By Period
In the year-to-date period, TRRIX achieves a -1.64% return, which is significantly lower than IGIB's -0.45% return. Over the past 10 years, TRRIX has outperformed IGIB with an annualized return of 6.18%, while IGIB has yielded a comparatively lower 3.07% annualized return.
TRRIX
- 1D
- 0.00%
- 1M
- -4.79%
- YTD
- -1.64%
- 6M
- 0.15%
- 1Y
- 9.06%
- 3Y*
- 9.11%
- 5Y*
- 4.50%
- 10Y*
- 6.18%
IGIB
- 1D
- 0.55%
- 1M
- -1.98%
- YTD
- -0.45%
- 6M
- 0.74%
- 1Y
- 6.18%
- 3Y*
- 5.78%
- 5Y*
- 1.57%
- 10Y*
- 3.07%
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TRRIX vs. IGIB - Expense Ratio Comparison
TRRIX has a 0.49% expense ratio, which is higher than IGIB's 0.06% expense ratio.
Return for Risk
TRRIX vs. IGIB — Risk / Return Rank
TRRIX
IGIB
TRRIX vs. IGIB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement Balanced Fund (TRRIX) and iShares Intermediate-Term Corporate Bond ETF (IGIB). 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.
| TRRIX | IGIB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.34 | 1.29 | +0.05 |
Sortino ratioReturn per unit of downside risk | 1.88 | 1.79 | +0.09 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.24 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.57 | 2.11 | -0.54 |
Martin ratioReturn relative to average drawdown | 6.65 | 7.55 | -0.90 |
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
| TRRIX | IGIB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 1.29 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.64 | 0.24 | +0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.87 | 0.51 | +0.36 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.80 | 0.69 | +0.10 |
Correlation
The correlation between TRRIX and IGIB is 0.19, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
TRRIX vs. IGIB - Dividend Comparison
TRRIX's dividend yield for the trailing twelve months is around 6.25%, more than IGIB's 4.70% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRIX T. Rowe Price Retirement Balanced Fund | 6.25% | 6.14% | 5.49% | 4.12% | 10.15% | 12.67% | 9.27% | 3.39% | 7.01% | 5.07% | 3.40% | 3.44% |
IGIB iShares Intermediate-Term Corporate Bond ETF | 4.70% | 4.59% | 4.41% | 3.78% | 3.04% | 2.52% | 2.74% | 3.44% | 3.41% | 2.51% | 2.45% | 2.51% |
Drawdowns
TRRIX vs. IGIB - Drawdown Comparison
The maximum TRRIX drawdown since its inception was -27.77%, which is greater than IGIB's maximum drawdown of -20.62%. Use the drawdown chart below to compare losses from any high point for TRRIX and IGIB.
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Drawdown Indicators
| TRRIX | IGIB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.77% | -20.62% | -7.15% |
Max Drawdown (1Y)Largest decline over 1 year | -5.29% | -3.01% | -2.28% |
Max Drawdown (5Y)Largest decline over 5 years | -18.13% | -20.62% | +2.49% |
Max Drawdown (10Y)Largest decline over 10 years | -18.57% | -20.62% | +2.05% |
Current DrawdownCurrent decline from peak | -4.79% | -1.98% | -2.81% |
Average DrawdownAverage peak-to-trough decline | -2.86% | -2.59% | -0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.29% | 0.84% | +0.45% |
Volatility
TRRIX vs. IGIB - Volatility Comparison
T. Rowe Price Retirement Balanced Fund (TRRIX) has a higher volatility of 2.39% compared to iShares Intermediate-Term Corporate Bond ETF (IGIB) at 2.12%. This indicates that TRRIX's price experiences larger fluctuations and is considered to be riskier than IGIB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRRIX | IGIB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.39% | 2.12% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 4.60% | 2.91% | +1.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.20% | 4.83% | +2.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.05% | 6.55% | +0.50% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.19% | 6.04% | +1.15% |