TRRKX vs. AAHTX
Compare and contrast key facts about T. Rowe Price Retirement 2045 Fund (TRRKX) and American Funds 2045 Target Date Retirement Fund (AAHTX).
TRRKX is managed by T. Rowe Price. It was launched on May 30, 2005. AAHTX is managed by American Funds. It was launched on Jan 31, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRRKX or AAHTX.
Performance
TRRKX vs. AAHTX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with TRRKX having a 16.67% return and AAHTX slightly lower at 16.26%. Both investments have delivered pretty close results over the past 10 years, with TRRKX having a 8.96% annualized return and AAHTX not far ahead at 9.28%.
TRRKX
16.67%
0.48%
7.59%
23.33%
10.19%
8.96%
AAHTX
16.26%
0.82%
7.52%
23.04%
10.39%
9.28%
Key characteristics
| TRRKX | AAHTX | |
|---|---|---|
| Sharpe Ratio | 2.17 | 2.21 |
| Sortino Ratio | 2.98 | 3.04 |
| Omega Ratio | 1.39 | 1.41 |
| Calmar Ratio | 2.12 | 2.76 |
| Martin Ratio | 14.00 | 14.31 |
| Ulcer Index | 1.70% | 1.61% |
| Daily Std Dev | 10.93% | 10.42% |
| Max Drawdown | -53.54% | -48.86% |
| Current Drawdown | -1.11% | -1.30% |
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TRRKX vs. AAHTX - Expense Ratio Comparison
TRRKX has a 0.63% expense ratio, which is higher than AAHTX's 0.33% expense ratio.
Correlation
The correlation between TRRKX and AAHTX is 0.97, 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
TRRKX vs. AAHTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2045 Fund (TRRKX) and American Funds 2045 Target Date Retirement Fund (AAHTX). 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
TRRKX vs. AAHTX - Dividend Comparison
TRRKX's dividend yield for the trailing twelve months is around 1.17%, less than AAHTX's 1.19% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRKX T. Rowe Price Retirement 2045 Fund | 1.17% | 1.36% | 1.27% | 0.66% | 0.76% | 1.57% | 1.60% | 1.25% | 1.34% | 1.39% | 1.38% | 1.02% |
AAHTX American Funds 2045 Target Date Retirement Fund | 1.19% | 1.38% | 0.86% | 0.72% | 0.71% | 0.95% | 1.03% | 0.80% | 0.95% | 0.67% | 4.47% | 3.12% |
Drawdowns
TRRKX vs. AAHTX - Drawdown Comparison
The maximum TRRKX drawdown since its inception was -53.54%, which is greater than AAHTX's maximum drawdown of -48.86%. Use the drawdown chart below to compare losses from any high point for TRRKX and AAHTX. For additional features, visit the drawdowns tool.
Volatility
TRRKX vs. AAHTX - Volatility Comparison
T. Rowe Price Retirement 2045 Fund (TRRKX) and American Funds 2045 Target Date Retirement Fund (AAHTX) have volatilities of 2.93% and 2.91%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.