TRRKX vs. VOO
Compare and contrast key facts about T. Rowe Price Retirement 2045 Fund (TRRKX) and Vanguard S&P 500 ETF (VOO).
TRRKX is managed by T. Rowe Price. It was launched on May 30, 2005. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRRKX or VOO.
Correlation
The correlation between TRRKX and VOO is 0.94, 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. VOO - Performance Comparison
Key characteristics
TRRKX:
1.44
VOO:
1.95
TRRKX:
1.98
VOO:
2.60
TRRKX:
1.26
VOO:
1.36
TRRKX:
0.86
VOO:
2.97
TRRKX:
7.67
VOO:
12.47
TRRKX:
2.09%
VOO:
2.01%
TRRKX:
11.12%
VOO:
12.89%
TRRKX:
-56.15%
VOO:
-33.99%
TRRKX:
-4.98%
VOO:
-1.30%
Returns By Period
In the year-to-date period, TRRKX achieves a 3.19% return, which is significantly higher than VOO's 2.71% return. Over the past 10 years, TRRKX has underperformed VOO with an annualized return of 5.05%, while VOO has yielded a comparatively higher 13.75% annualized return.
TRRKX
3.19%
3.00%
4.39%
15.41%
5.68%
5.05%
VOO
2.71%
2.30%
10.08%
24.27%
15.19%
13.75%
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TRRKX vs. VOO - Expense Ratio Comparison
TRRKX has a 0.63% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
TRRKX vs. VOO — Risk-Adjusted Performance Rank
TRRKX
VOO
TRRKX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2045 Fund (TRRKX) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
TRRKX's dividend yield for the trailing twelve months is around 1.35%, more than VOO's 1.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRKX T. Rowe Price Retirement 2045 Fund | 1.35% | 1.39% | 1.36% | 1.27% | 0.66% | 0.76% | 1.57% | 1.60% | 1.25% | 1.34% | 1.39% | 1.38% |
VOO Vanguard S&P 500 ETF | 1.21% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
TRRKX vs. VOO - Drawdown Comparison
The maximum TRRKX drawdown since its inception was -56.15%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TRRKX and VOO. For additional features, visit the drawdowns tool.
Volatility
TRRKX vs. VOO - Volatility Comparison
The current volatility for T. Rowe Price Retirement 2045 Fund (TRRKX) is 3.16%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.21%. This indicates that TRRKX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.