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TRRJX vs. TRRCX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

TRRJX vs. TRRCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Retirement 2035 Fund (TRRJX) and T. Rowe Price Retirement 2030 Fund (TRRCX). The values are adjusted to include any dividend payments, if applicable.

-2.00%0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
6.72%
6.29%
TRRJX
TRRCX

Returns By Period

In the year-to-date period, TRRJX achieves a 14.64% return, which is significantly higher than TRRCX's 12.95% return. Over the past 10 years, TRRJX has outperformed TRRCX with an annualized return of 8.28%, while TRRCX has yielded a comparatively lower 7.84% annualized return.


TRRJX

YTD

14.64%

1M

1.38%

6M

6.72%

1Y

20.98%

5Y (annualized)

9.17%

10Y (annualized)

8.28%

TRRCX

YTD

12.95%

1M

1.20%

6M

6.29%

1Y

18.92%

5Y (annualized)

8.26%

10Y (annualized)

7.84%

Key characteristics


TRRJXTRRCX
Sharpe Ratio2.272.37
Sortino Ratio3.173.34
Omega Ratio1.411.44
Calmar Ratio2.111.98
Martin Ratio14.6115.28
Ulcer Index1.44%1.24%
Daily Std Dev9.24%7.98%
Max Drawdown-53.57%-52.28%
Current Drawdown-0.63%-0.55%

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TRRJX vs. TRRCX - Expense Ratio Comparison

Both TRRJX and TRRCX have an expense ratio of 0.59%.


TRRJX
T. Rowe Price Retirement 2035 Fund
Expense ratio chart for TRRJX: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%
Expense ratio chart for TRRCX: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

Correlation

-0.50.00.51.01.0

The correlation between TRRJX and TRRCX is 1.00, 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. TRRCX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2035 Fund (TRRJX) and T. Rowe Price Retirement 2030 Fund (TRRCX). 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.


Sharpe ratio
The chart of Sharpe ratio for TRRJX, currently valued at 2.27, compared to the broader market-1.000.001.002.003.004.005.002.272.37
The chart of Sortino ratio for TRRJX, currently valued at 3.17, compared to the broader market0.005.0010.003.173.34
The chart of Omega ratio for TRRJX, currently valued at 1.41, compared to the broader market1.002.003.004.001.411.44
The chart of Calmar ratio for TRRJX, currently valued at 2.11, compared to the broader market0.005.0010.0015.0020.002.111.98
The chart of Martin ratio for TRRJX, currently valued at 14.61, compared to the broader market0.0020.0040.0060.0080.00100.0014.6115.28
TRRJX
TRRCX

The current TRRJX Sharpe Ratio is 2.27, which is comparable to the TRRCX Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of TRRJX and TRRCX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.27
2.37
TRRJX
TRRCX

Dividends

TRRJX vs. TRRCX - Dividend Comparison

TRRJX's dividend yield for the trailing twelve months is around 1.46%, less than TRRCX's 1.73% yield.


TTM20232022202120202019201820172016201520142013
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%
TRRCX
T. Rowe Price Retirement 2030 Fund
1.73%1.96%1.98%1.09%1.09%1.89%1.97%1.54%1.60%1.70%5.65%1.28%

Drawdowns

TRRJX vs. TRRCX - Drawdown Comparison

The maximum TRRJX drawdown since its inception was -53.57%, roughly equal to the maximum TRRCX drawdown of -52.28%. Use the drawdown chart below to compare losses from any high point for TRRJX and TRRCX. For additional features, visit the drawdowns tool.


-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.63%
-0.55%
TRRJX
TRRCX

Volatility

TRRJX vs. TRRCX - Volatility Comparison

T. Rowe Price Retirement 2035 Fund (TRRJX) has a higher volatility of 2.44% compared to T. Rowe Price Retirement 2030 Fund (TRRCX) at 2.09%. This indicates that TRRJX's price experiences larger fluctuations and is considered to be riskier than TRRCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%3.50%4.00%4.50%JuneJulyAugustSeptemberOctoberNovember
2.44%
2.09%
TRRJX
TRRCX