TRRKX vs. TRPKX
Compare and contrast key facts about T. Rowe Price Retirement 2045 Fund (TRRKX) and T. Rowe Price Retirement I 2045 Fund (TRPKX).
TRRKX is managed by T. Rowe Price. It was launched on May 30, 2005. TRPKX is managed by T. Rowe Price. It was launched on Sep 28, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRRKX or TRPKX.
Key characteristics
| TRRKX | TRPKX |
|---|
Correlation
The correlation between TRRKX and TRPKX is 0.95, 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
TRRKX vs. TRPKX - Performance Comparison
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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TRRKX vs. TRPKX - Expense Ratio Comparison
TRRKX has a 0.63% expense ratio, which is higher than TRPKX's 0.45% expense ratio.
Risk-Adjusted Performance
TRRKX vs. TRPKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2045 Fund (TRRKX) and T. Rowe Price Retirement I 2045 Fund (TRPKX). 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. TRPKX - Dividend Comparison
TRRKX's dividend yield for the trailing twelve months is around 1.15%, while TRPKX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRKX T. Rowe Price Retirement 2045 Fund | 1.15% | 1.36% | 1.27% | 0.66% | 0.76% | 1.57% | 1.60% | 1.25% | 1.34% | 1.39% | 1.38% | 1.02% |
TRPKX T. Rowe Price Retirement I 2045 Fund | 4.33% | 3.27% | 6.25% | 3.81% | 2.81% | 5.06% | 4.66% | 2.92% | 1.52% | 1.14% | 0.00% | 0.00% |
Drawdowns
TRRKX vs. TRPKX - Drawdown Comparison
Volatility
TRRKX vs. TRPKX - Volatility Comparison
T. Rowe Price Retirement 2045 Fund (TRRKX) has a higher volatility of 3.01% compared to T. Rowe Price Retirement I 2045 Fund (TRPKX) at 0.00%. This indicates that TRRKX's price experiences larger fluctuations and is considered to be riskier than TRPKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.