TRRLX vs. PPLIX
Compare and contrast key facts about T. Rowe Price Retirement 2060 Fund (TRRLX) and Principal LifeTime 2050 Fund (PPLIX).
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. PPLIX is managed by Principal. It was launched on Feb 28, 2001.
Performance
TRRLX vs. PPLIX - Performance Comparison
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TRRLX vs. PPLIX - 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% |
PPLIX Principal LifeTime 2050 Fund | -5.09% | 17.55% | 19.12% | 20.36% | -18.78% | 17.04% | 16.56% | 26.67% | -8.74% | 22.12% |
Returns By Period
In the year-to-date period, TRRLX achieves a -3.74% return, which is significantly higher than PPLIX's -5.09% return. Both investments have delivered pretty close results over the past 10 years, with TRRLX having a 9.79% annualized return and PPLIX not far ahead at 10.25%.
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%
PPLIX
- 1D
- -0.29%
- 1M
- -8.13%
- YTD
- -5.09%
- 6M
- -2.87%
- 1Y
- 12.44%
- 3Y*
- 14.70%
- 5Y*
- 7.68%
- 10Y*
- 10.25%
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TRRLX vs. PPLIX - Expense Ratio Comparison
TRRLX has a 0.64% expense ratio, which is higher than PPLIX's 0.01% expense ratio.
Return for Risk
TRRLX vs. PPLIX — Risk / Return Rank
TRRLX
PPLIX
TRRLX vs. PPLIX - 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 2050 Fund (PPLIX). 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 | PPLIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.63 | 0.81 | -0.18 |
Sortino ratioReturn per unit of downside risk | 0.99 | 1.25 | -0.26 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.18 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 0.68 | 0.94 | -0.26 |
Martin ratioReturn relative to average drawdown | 3.08 | 4.59 | -1.50 |
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 | PPLIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 0.81 | -0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.50 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.66 | -0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.55 | 0.42 | +0.12 |
Correlation
The correlation between TRRLX and PPLIX 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. PPLIX - Dividend Comparison
TRRLX has not paid dividends to shareholders, while PPLIX's dividend yield for the trailing twelve months is around 10.48%.
| 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% |
PPLIX Principal LifeTime 2050 Fund | 10.48% | 9.95% | 11.56% | 4.41% | 9.40% | 8.04% | 5.23% | 7.16% | 8.64% | 5.12% | 4.82% | 6.07% |
Drawdowns
TRRLX vs. PPLIX - Drawdown Comparison
The maximum TRRLX drawdown since its inception was -32.52%, smaller than the maximum PPLIX drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for TRRLX and PPLIX.
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Drawdown Indicators
| TRRLX | PPLIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.52% | -55.61% | +23.09% |
Max Drawdown (1Y)Largest decline over 1 year | -11.71% | -11.42% | -0.29% |
Max Drawdown (5Y)Largest decline over 5 years | -28.09% | -26.85% | -1.24% |
Max Drawdown (10Y)Largest decline over 10 years | -32.52% | -32.67% | +0.15% |
Current DrawdownCurrent decline from peak | -9.82% | -8.57% | -1.25% |
Average DrawdownAverage peak-to-trough decline | -5.23% | -8.35% | +3.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 2.34% | +0.58% |
Volatility
TRRLX vs. PPLIX - Volatility Comparison
T. Rowe Price Retirement 2060 Fund (TRRLX) has a higher volatility of 5.10% compared to Principal LifeTime 2050 Fund (PPLIX) at 4.83%. This indicates that TRRLX's price experiences larger fluctuations and is considered to be riskier than PPLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRRLX | PPLIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.10% | 4.83% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 9.57% | 8.67% | +0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.53% | 15.54% | +0.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.17% | 15.38% | -0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.45% | 15.53% | -0.08% |