TRRIX vs. ONEX.TO
Compare and contrast key facts about T. Rowe Price Retirement Balanced Fund (TRRIX) and Onex Corporation (ONEX.TO).
TRRIX is managed by T. Rowe Price. It was launched on Sep 30, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRRIX or ONEX.TO.
Key characteristics
| TRRIX | ONEX.TO | |
|---|---|---|
| YTD Return | 7.92% | 10.28% |
| 1Y Return | 14.76% | 23.76% |
| 3Y Return (Ann) | 1.35% | 2.86% |
| 5Y Return (Ann) | 5.40% | 5.49% |
| 10Y Return (Ann) | 5.10% | 5.33% |
| Sharpe Ratio | 2.81 | 1.13 |
| Sortino Ratio | 4.23 | 1.66 |
| Omega Ratio | 1.55 | 1.20 |
| Calmar Ratio | 1.56 | 1.36 |
| Martin Ratio | 19.38 | 3.03 |
| Ulcer Index | 0.80% | 8.58% |
| Daily Std Dev | 5.52% | 22.92% |
| Max Drawdown | -27.78% | -75.60% |
| Current Drawdown | -1.51% | -4.61% |
Correlation
The correlation between TRRIX and ONEX.TO is 0.47, 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.
Performance
TRRIX vs. ONEX.TO - Performance Comparison
In the year-to-date period, TRRIX achieves a 7.92% return, which is significantly lower than ONEX.TO's 10.28% return. Both investments have delivered pretty close results over the past 10 years, with TRRIX having a 5.10% annualized return and ONEX.TO not far ahead at 5.33%. 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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Risk-Adjusted Performance
TRRIX vs. ONEX.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement Balanced Fund (TRRIX) and Onex Corporation (ONEX.TO). 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
TRRIX vs. ONEX.TO - Dividend Comparison
TRRIX's dividend yield for the trailing twelve months is around 4.19%, more than ONEX.TO's 0.39% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRIX T. Rowe Price Retirement Balanced Fund | 4.19% | 4.13% | 10.46% | 12.72% | 9.26% | 3.39% | 7.01% | 5.08% | 3.40% | 3.45% | 3.49% | 2.97% |
ONEX.TO Onex Corporation | 0.39% | 0.43% | 0.61% | 0.40% | 0.55% | 0.46% | 0.44% | 0.31% | 0.29% | 0.27% | 0.26% | 0.23% |
Drawdowns
TRRIX vs. ONEX.TO - Drawdown Comparison
The maximum TRRIX drawdown since its inception was -27.78%, smaller than the maximum ONEX.TO drawdown of -75.60%. Use the drawdown chart below to compare losses from any high point for TRRIX and ONEX.TO. For additional features, visit the drawdowns tool.
Volatility
TRRIX vs. ONEX.TO - Volatility Comparison
The current volatility for T. Rowe Price Retirement Balanced Fund (TRRIX) is 1.13%, while Onex Corporation (ONEX.TO) has a volatility of 5.82%. This indicates that TRRIX experiences smaller price fluctuations and is considered to be less risky than ONEX.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.