TRRJX vs. FZROX
Compare and contrast key facts about T. Rowe Price Retirement 2035 Fund (TRRJX) and Fidelity ZERO Total Market Index Fund (FZROX).
TRRJX is managed by T. Rowe Price. It was launched on Feb 27, 2004. FZROX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRRJX or FZROX.
Performance
TRRJX vs. FZROX - Performance Comparison
Returns By Period
In the year-to-date period, TRRJX achieves a 14.64% return, which is significantly lower than FZROX's 26.41% return.
TRRJX
14.64%
1.38%
6.72%
20.98%
9.17%
8.28%
FZROX
26.41%
4.01%
14.00%
33.79%
15.33%
N/A
Key characteristics
| TRRJX | FZROX | |
|---|---|---|
| Sharpe Ratio | 2.27 | 2.69 |
| Sortino Ratio | 3.17 | 3.57 |
| Omega Ratio | 1.41 | 1.49 |
| Calmar Ratio | 2.11 | 3.94 |
| Martin Ratio | 14.61 | 17.13 |
| Ulcer Index | 1.44% | 1.97% |
| Daily Std Dev | 9.24% | 12.58% |
| Max Drawdown | -53.57% | -34.96% |
| Current Drawdown | -0.63% | -0.28% |
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TRRJX vs. FZROX - Expense Ratio Comparison
TRRJX has a 0.59% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Correlation
The correlation between TRRJX and FZROX is 0.96, 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.
Risk-Adjusted Performance
TRRJX vs. FZROX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2035 Fund (TRRJX) and Fidelity ZERO Total Market Index Fund (FZROX). 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
TRRJX vs. FZROX - Dividend Comparison
TRRJX's dividend yield for the trailing twelve months is around 1.46%, more than FZROX's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRJX T. Rowe Price Retirement 2035 Fund | 1.46% | 1.67% | 1.55% | 0.87% | 0.94% | 1.79% | 1.78% | 1.48% | 1.47% | 1.52% | 1.44% | 1.04% |
FZROX Fidelity ZERO Total Market Index Fund | 1.08% | 1.36% | 1.57% | 1.08% | 1.27% | 1.45% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TRRJX vs. FZROX - Drawdown Comparison
The maximum TRRJX drawdown since its inception was -53.57%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for TRRJX and FZROX. For additional features, visit the drawdowns tool.
Volatility
TRRJX vs. FZROX - Volatility Comparison
The current volatility for T. Rowe Price Retirement 2035 Fund (TRRJX) is 2.44%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 4.19%. This indicates that TRRJX experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.