TRRJX vs. TRRDX
Compare and contrast key facts about T. Rowe Price Retirement 2035 Fund (TRRJX) and T. Rowe Price Retirement 2040 Fund (TRRDX).
TRRJX is managed by T. Rowe Price. It was launched on Feb 27, 2004. TRRDX is managed by T. Rowe Price. It was launched on Sep 29, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRRJX or TRRDX.
Key characteristics
| TRRJX | TRRDX | |
|---|---|---|
| YTD Return | 13.14% | 14.44% |
| 1Y Return | 27.67% | 29.81% |
| 3Y Return (Ann) | 3.21% | 3.66% |
| 5Y Return (Ann) | 9.10% | 9.89% |
| 10Y Return (Ann) | 8.30% | 8.96% |
| Sharpe Ratio | 2.97 | 2.91 |
| Sortino Ratio | 4.22 | 4.05 |
| Omega Ratio | 1.56 | 1.54 |
| Calmar Ratio | 1.77 | 1.85 |
| Martin Ratio | 20.18 | 19.70 |
| Ulcer Index | 1.39% | 1.54% |
| Daily Std Dev | 9.45% | 10.40% |
| Max Drawdown | -53.57% | -53.50% |
| Current Drawdown | -1.31% | -1.40% |
Correlation
The correlation between TRRJX and TRRDX 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.
Performance
TRRJX vs. TRRDX - Performance Comparison
In the year-to-date period, TRRJX achieves a 13.14% return, which is significantly lower than TRRDX's 14.44% return. Over the past 10 years, TRRJX has underperformed TRRDX with an annualized return of 8.30%, while TRRDX has yielded a comparatively higher 8.96% annualized return. 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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TRRJX vs. TRRDX - Expense Ratio Comparison
TRRJX has a 0.59% expense ratio, which is lower than TRRDX's 0.61% expense ratio.
Risk-Adjusted Performance
TRRJX vs. TRRDX - 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 2040 Fund (TRRDX). 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. TRRDX - Dividend Comparison
TRRJX's dividend yield for the trailing twelve months is around 4.14%, less than TRRDX's 4.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRJX T. Rowe Price Retirement 2035 Fund | 4.14% | 4.68% | 9.67% | 6.89% | 4.80% | 5.68% | 8.55% | 3.80% | 4.36% | 5.57% | 3.66% | 2.58% |
TRRDX T. Rowe Price Retirement 2040 Fund | 4.89% | 5.60% | 8.92% | 7.92% | 4.96% | 6.10% | 9.51% | 3.96% | 4.74% | 6.02% | 5.27% | 2.65% |
Drawdowns
TRRJX vs. TRRDX - Drawdown Comparison
The maximum TRRJX drawdown since its inception was -53.57%, roughly equal to the maximum TRRDX drawdown of -53.50%. Use the drawdown chart below to compare losses from any high point for TRRJX and TRRDX. For additional features, visit the drawdowns tool.
Volatility
TRRJX vs. TRRDX - Volatility Comparison
The current volatility for T. Rowe Price Retirement 2035 Fund (TRRJX) is 1.86%, while T. Rowe Price Retirement 2040 Fund (TRRDX) has a volatility of 2.12%. This indicates that TRRJX experiences smaller price fluctuations and is considered to be less risky than TRRDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.