TRRLX vs. JRLVX
Compare and contrast key facts about T. Rowe Price Retirement 2060 Fund (TRRLX) and John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX).
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. JRLVX is managed by John Hancock. It was launched on Nov 6, 2013.
Performance
TRRLX vs. JRLVX - Performance Comparison
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TRRLX vs. JRLVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRRLX T. Rowe Price Retirement 2060 Fund | -1.05% | 14.54% | 14.22% | 20.87% | -19.22% | 17.50% | 18.46% | 25.39% | -7.62% | 20.79% |
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio | -0.92% | 19.25% | 14.50% | 18.00% | -18.06% | 18.45% | 16.23% | 25.03% | -8.29% | 17.40% |
Returns By Period
In the year-to-date period, TRRLX achieves a -1.05% return, which is significantly lower than JRLVX's -0.92% return. Both investments have delivered pretty close results over the past 10 years, with TRRLX having a 10.09% annualized return and JRLVX not far ahead at 10.19%.
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%
JRLVX
- 1D
- 2.59%
- 1M
- -5.31%
- YTD
- -0.92%
- 6M
- 1.47%
- 1Y
- 18.74%
- 3Y*
- 14.72%
- 5Y*
- 7.76%
- 10Y*
- 10.19%
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TRRLX vs. JRLVX - Expense Ratio Comparison
TRRLX has a 0.64% expense ratio, which is higher than JRLVX's 0.01% expense ratio.
Return for Risk
TRRLX vs. JRLVX — Risk / Return Rank
TRRLX
JRLVX
TRRLX vs. JRLVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2060 Fund (TRRLX) and John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX). 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 | JRLVX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.82 | 1.24 | -0.43 |
Sortino ratioReturn per unit of downside risk | 1.24 | 1.80 | -0.56 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.27 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 0.85 | 1.72 | -0.87 |
Martin ratioReturn relative to average drawdown | 3.78 | 8.20 | -4.41 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TRRLX | JRLVX | 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 | 0.53 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | 0.64 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.59 | -0.02 |
Correlation
The correlation between TRRLX and JRLVX 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.
Dividends
TRRLX vs. JRLVX - Dividend Comparison
TRRLX has not paid dividends to shareholders, while JRLVX's dividend yield for the trailing twelve months is around 3.59%.
| 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% |
JRLVX John Hancock Funds Multi-Index 2045 Lifetime Portfolio | 3.59% | 3.55% | 1.89% | 2.24% | 8.03% | 6.00% | 4.26% | 8.99% | 10.96% | 4.29% | 3.40% | 1.90% |
Drawdowns
TRRLX vs. JRLVX - Drawdown Comparison
The maximum TRRLX drawdown since its inception was -32.52%, roughly equal to the maximum JRLVX drawdown of -32.53%. Use the drawdown chart below to compare losses from any high point for TRRLX and JRLVX.
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Drawdown Indicators
| TRRLX | JRLVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.52% | -32.53% | +0.01% |
Max Drawdown (1Y)Largest decline over 1 year | -11.71% | -11.23% | -0.48% |
Max Drawdown (5Y)Largest decline over 5 years | -28.09% | -25.64% | -2.45% |
Max Drawdown (10Y)Largest decline over 10 years | -32.52% | -32.53% | +0.01% |
Current DrawdownCurrent decline from peak | -7.30% | -6.13% | -1.17% |
Average DrawdownAverage peak-to-trough decline | -5.23% | -4.61% | -0.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.96% | 2.36% | +0.60% |
Volatility
TRRLX vs. JRLVX - Volatility Comparison
T. Rowe Price Retirement 2060 Fund (TRRLX) has a higher volatility of 6.03% compared to John Hancock Funds Multi-Index 2045 Lifetime Portfolio (JRLVX) at 5.56%. This indicates that TRRLX's price experiences larger fluctuations and is considered to be riskier than JRLVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRRLX | JRLVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.03% | 5.56% | +0.47% |
Volatility (6M)Calculated over the trailing 6-month period | 9.97% | 8.84% | +1.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.73% | 15.49% | +1.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.22% | 14.74% | +0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.47% | 15.96% | -0.49% |