TRRLX vs. PLWIX
Compare and contrast key facts about T. Rowe Price Retirement 2060 Fund (TRRLX) and Principal LifeTime 2020 Fund (PLWIX).
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. PLWIX is managed by Principal. It was launched on Feb 28, 2001.
Performance
TRRLX vs. PLWIX - Performance Comparison
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TRRLX vs. PLWIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRRLX T. Rowe Price Retirement 2060 Fund | -3.74% | 14.54% | 14.22% | 20.87% | -19.22% | 17.50% | 18.46% | 25.39% | -7.62% | 20.79% |
PLWIX Principal LifeTime 2020 Fund | -2.23% | 11.32% | 12.21% | 12.23% | -14.36% | 9.05% | 12.70% | 18.40% | -5.72% | 14.96% |
Returns By Period
In the year-to-date period, TRRLX achieves a -3.74% return, which is significantly lower than PLWIX's -2.23% return. Over the past 10 years, TRRLX has outperformed PLWIX with an annualized return of 9.79%, while PLWIX has yielded a comparatively lower 6.86% annualized return.
TRRLX
- 1D
- -0.33%
- 1M
- -9.46%
- YTD
- -3.74%
- 6M
- -4.69%
- 1Y
- 10.12%
- 3Y*
- 12.70%
- 5Y*
- 6.39%
- 10Y*
- 9.79%
PLWIX
- 1D
- 0.17%
- 1M
- -4.51%
- YTD
- -2.23%
- 6M
- -0.84%
- 1Y
- 7.85%
- 3Y*
- 9.55%
- 5Y*
- 4.70%
- 10Y*
- 6.86%
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TRRLX vs. PLWIX - Expense Ratio Comparison
TRRLX has a 0.64% expense ratio, which is higher than PLWIX's 0.01% expense ratio.
Return for Risk
TRRLX vs. PLWIX — Risk / Return Rank
TRRLX
PLWIX
TRRLX vs. PLWIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2060 Fund (TRRLX) and Principal LifeTime 2020 Fund (PLWIX). 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 | PLWIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.63 | 1.07 | -0.43 |
Sortino ratioReturn per unit of downside risk | 0.99 | 1.53 | -0.54 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.22 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 0.68 | 1.29 | -0.60 |
Martin ratioReturn relative to average drawdown | 3.08 | 5.82 | -2.74 |
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 | PLWIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 1.07 | -0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.58 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.81 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.51 | +0.04 |
Correlation
The correlation between TRRLX and PLWIX is 0.93, 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. PLWIX - Dividend Comparison
TRRLX has not paid dividends to shareholders, while PLWIX's dividend yield for the trailing twelve months is around 10.31%.
| 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% |
PLWIX Principal LifeTime 2020 Fund | 10.31% | 10.08% | 11.91% | 5.12% | 9.82% | 9.40% | 5.90% | 8.69% | 7.35% | 5.74% | 3.73% | 8.75% |
Drawdowns
TRRLX vs. PLWIX - Drawdown Comparison
The maximum TRRLX drawdown since its inception was -32.52%, smaller than the maximum PLWIX drawdown of -49.07%. Use the drawdown chart below to compare losses from any high point for TRRLX and PLWIX.
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Drawdown Indicators
| TRRLX | PLWIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.52% | -49.07% | +16.55% |
Max Drawdown (1Y)Largest decline over 1 year | -11.71% | -5.75% | -5.96% |
Max Drawdown (5Y)Largest decline over 5 years | -28.09% | -19.73% | -8.36% |
Max Drawdown (10Y)Largest decline over 10 years | -32.52% | -20.29% | -12.23% |
Current DrawdownCurrent decline from peak | -9.82% | -4.59% | -5.23% |
Average DrawdownAverage peak-to-trough decline | -5.23% | -5.76% | +0.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 1.27% | +1.65% |
Volatility
TRRLX vs. PLWIX - Volatility Comparison
T. Rowe Price Retirement 2060 Fund (TRRLX) has a higher volatility of 5.10% compared to Principal LifeTime 2020 Fund (PLWIX) at 2.61%. This indicates that TRRLX's price experiences larger fluctuations and is considered to be riskier than PLWIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRRLX | PLWIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.10% | 2.61% | +2.49% |
Volatility (6M)Calculated over the trailing 6-month period | 9.57% | 4.35% | +5.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.53% | 7.48% | +9.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.17% | 8.22% | +6.95% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.45% | 8.55% | +6.90% |