TRRLX vs. FCQTX
Compare and contrast key facts about T. Rowe Price Retirement 2060 Fund (TRRLX) and American Funds 2065 Target Date Retirement Fund (FCQTX).
TRRLX is a passively managed fund by T. Rowe Price that tracks the performance of the S&P Target Date 2060 Index. It was launched on Jun 23, 2014. FCQTX is managed by American Funds. It was launched on Mar 26, 2020.
Performance
TRRLX vs. FCQTX - Performance Comparison
Loading graphics...
TRRLX vs. FCQTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
TRRLX T. Rowe Price Retirement 2060 Fund | -1.05% | 14.54% | 14.22% | 20.87% | -19.22% | 17.50% | 50.75% |
FCQTX American Funds 2065 Target Date Retirement Fund | -3.37% | 20.74% | 15.64% | 21.56% | -19.63% | 17.34% | 47.06% |
Returns By Period
In the year-to-date period, TRRLX achieves a -1.05% return, which is significantly higher than FCQTX's -3.37% return.
TRRLX
- 1D
- 2.79%
- 1M
- -6.56%
- YTD
- -1.05%
- 6M
- -2.29%
- 1Y
- 12.85%
- 3Y*
- 13.74%
- 5Y*
- 6.69%
- 10Y*
- 10.09%
FCQTX
- 1D
- 2.74%
- 1M
- -6.47%
- YTD
- -3.37%
- 6M
- -0.75%
- 1Y
- 18.43%
- 3Y*
- 15.53%
- 5Y*
- 7.94%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TRRLX vs. FCQTX - Expense Ratio Comparison
TRRLX has a 0.64% expense ratio, which is higher than FCQTX's 0.01% expense ratio.
Return for Risk
TRRLX vs. FCQTX — Risk / Return Rank
TRRLX
FCQTX
TRRLX vs. FCQTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2060 Fund (TRRLX) and American Funds 2065 Target Date Retirement Fund (FCQTX). 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.
| TRRLX | FCQTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.82 | 1.24 | -0.43 |
Sortino ratioReturn per unit of downside risk | 1.24 | 1.85 | -0.60 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.26 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 0.85 | 1.85 | -1.00 |
Martin ratioReturn relative to average drawdown | 3.78 | 7.89 | -4.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TRRLX | FCQTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 1.24 | -0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.44 | 0.55 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.98 | -0.41 |
Correlation
The correlation between TRRLX and FCQTX is 0.96, 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.
Dividends
TRRLX vs. FCQTX - Dividend Comparison
TRRLX has not paid dividends to shareholders, while FCQTX's dividend yield for the trailing twelve months is around 4.83%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRLX T. Rowe Price Retirement 2060 Fund | 0.00% | 0.00% | 1.74% | 3.29% | 5.75% | 4.19% | 2.38% | 4.33% | 5.39% | 1.58% | 1.58% | 0.83% |
FCQTX American Funds 2065 Target Date Retirement Fund | 4.83% | 4.67% | 2.80% | 1.99% | 3.96% | 1.54% | 0.72% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TRRLX vs. FCQTX - Drawdown Comparison
The maximum TRRLX drawdown since its inception was -32.52%, which is greater than FCQTX's maximum drawdown of -27.34%. Use the drawdown chart below to compare losses from any high point for TRRLX and FCQTX.
Loading graphics...
Drawdown Indicators
| TRRLX | FCQTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.52% | -27.34% | -5.18% |
Max Drawdown (1Y)Largest decline over 1 year | -11.71% | -10.21% | -1.50% |
Max Drawdown (5Y)Largest decline over 5 years | -28.09% | -27.34% | -0.75% |
Max Drawdown (10Y)Largest decline over 10 years | -32.52% | — | — |
Current DrawdownCurrent decline from peak | -7.30% | -7.36% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -5.23% | -6.02% | +0.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 2.39% | +0.57% |
Volatility
TRRLX vs. FCQTX - Volatility Comparison
T. Rowe Price Retirement 2060 Fund (TRRLX) has a higher volatility of 6.03% compared to American Funds 2065 Target Date Retirement Fund (FCQTX) at 5.61%. This indicates that TRRLX's price experiences larger fluctuations and is considered to be riskier than FCQTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TRRLX | FCQTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.03% | 5.61% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 9.97% | 9.44% | +0.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.73% | 15.36% | +1.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.22% | 14.63% | +0.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.47% | 15.09% | +0.38% |