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TRRKX vs. TRPKX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.9

Performance

TRRKX vs. TRPKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Retirement 2045 Fund (TRRKX) and T. Rowe Price Retirement I 2045 Fund (TRPKX). The values are adjusted to include any dividend payments, if applicable.

-4.00%-2.00%0.00%2.00%4.00%6.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
2.60%
0
TRRKX
TRPKX

Key characteristics

Returns By Period


TRRKX

YTD

12.80%

1M

-3.73%

6M

2.79%

1Y

13.54%

5Y*

8.69%

10Y*

8.66%

TRPKX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

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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.


TRRKX
T. Rowe Price Retirement 2045 Fund
Expense ratio chart for TRRKX: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%
Expense ratio chart for TRPKX: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%

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.


Sharpe ratio
The chart of Sharpe ratio for TRRKX, currently valued at 1.24, compared to the broader market-1.000.001.002.003.004.001.240.96
The chart of Sortino ratio for TRRKX, currently valued at 1.72, compared to the broader market-2.000.002.004.006.008.0010.001.721.46
The chart of Omega ratio for TRRKX, currently valued at 1.23, compared to the broader market0.501.001.502.002.503.003.501.231.50
The chart of Calmar ratio for TRRKX, currently valued at 1.68, compared to the broader market0.002.004.006.008.0010.0012.0014.001.680.56
The chart of Martin ratio for TRRKX, currently valued at 7.52, compared to the broader market0.0020.0040.0060.007.524.28
TRRKX
TRPKX


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.24
0.96
TRRKX
TRPKX

Dividends

TRRKX vs. TRPKX - Dividend Comparison

Neither TRRKX nor TRPKX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
TRRKX
T. Rowe Price Retirement 2045 Fund
0.00%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
1.11%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


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-5.31%
-2.02%
TRRKX
TRPKX

Volatility

TRRKX vs. TRPKX - Volatility Comparison

T. Rowe Price Retirement 2045 Fund (TRRKX) has a higher volatility of 3.40% 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.


0.00%1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.40%
0
TRRKX
TRPKX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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