TRRJX vs. MOAT
Compare and contrast key facts about T. Rowe Price Retirement 2035 Fund (TRRJX) and VanEck Vectors Morningstar Wide Moat ETF (MOAT).
TRRJX is managed by T. Rowe Price. It was launched on Feb 27, 2004. MOAT is a passively managed fund by VanEck that tracks the performance of the Morningstar Wide Moat Focus Index. It was launched on Apr 24, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRRJX or MOAT.
Performance
TRRJX vs. MOAT - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with TRRJX having a 14.64% return and MOAT slightly higher at 14.82%. Over the past 10 years, TRRJX has underperformed MOAT with an annualized return of 8.28%, while MOAT has yielded a comparatively higher 13.24% annualized return.
TRRJX
14.64%
1.38%
6.72%
20.98%
9.17%
8.28%
MOAT
14.82%
1.09%
10.56%
25.88%
13.95%
13.24%
Key characteristics
| TRRJX | MOAT | |
|---|---|---|
| Sharpe Ratio | 2.27 | 2.18 |
| Sortino Ratio | 3.17 | 2.97 |
| Omega Ratio | 1.41 | 1.38 |
| Calmar Ratio | 2.11 | 3.92 |
| Martin Ratio | 14.61 | 11.32 |
| Ulcer Index | 1.44% | 2.29% |
| Daily Std Dev | 9.24% | 11.89% |
| Max Drawdown | -53.57% | -33.31% |
| Current Drawdown | -0.63% | -0.55% |
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TRRJX vs. MOAT - Expense Ratio Comparison
TRRJX has a 0.59% expense ratio, which is higher than MOAT's 0.48% expense ratio.
Correlation
The correlation between TRRJX and MOAT is 0.87, 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. MOAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2035 Fund (TRRJX) and VanEck Vectors Morningstar Wide Moat ETF (MOAT). 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. MOAT - Dividend Comparison
TRRJX's dividend yield for the trailing twelve months is around 1.46%, more than MOAT's 0.75% 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% |
MOAT VanEck Vectors Morningstar Wide Moat ETF | 0.75% | 0.86% | 1.25% | 1.08% | 1.45% | 1.31% | 1.79% | 1.07% | 1.17% | 2.13% | 1.34% | 0.79% |
Drawdowns
TRRJX vs. MOAT - Drawdown Comparison
The maximum TRRJX drawdown since its inception was -53.57%, which is greater than MOAT's maximum drawdown of -33.31%. Use the drawdown chart below to compare losses from any high point for TRRJX and MOAT. For additional features, visit the drawdowns tool.
Volatility
TRRJX vs. MOAT - Volatility Comparison
The current volatility for T. Rowe Price Retirement 2035 Fund (TRRJX) is 2.44%, while VanEck Vectors Morningstar Wide Moat ETF (MOAT) has a volatility of 3.60%. This indicates that TRRJX experiences smaller price fluctuations and is considered to be less risky than MOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.