TRRMX vs. O
TRRMX (T. Rowe Price Retirement 2050 Fund) is Target Retirement Date fund actively managed by T. Rowe Price, while O (Realty Income Corporation) is a stock. Over the past 10 years, TRRMX returned 10.76%/yr vs 4.22%/yr for O. Their 0.45 correlation means their historical movements had little consistent relationship.
Performance
TRRMX vs. O - Performance Comparison
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Returns By Period
In the year-to-date period, TRRMX achieves a 10.81% return, which is significantly lower than O's 16.77% return. Over the past 10 years, TRRMX has outperformed O with an annualized return of 10.76%, while O has yielded a comparatively lower 4.22% annualized return.
TRRMX
- 1D
- 1.78%
- 1M
- 0.00%
- 6M
- 5.92%
- YTD
- 10.81%
- 1Y
- 17.43%
- 3Y*
- 14.38%
- 5Y*
- 7.90%
- 10Y*
- 10.76%
- ALL TIME*
- 8.09%
O
- 1D
- -0.45%
- 1M
- 0.47%
- 6M
- 7.15%
- YTD
- 16.77%
- 1Y
- 19.09%
- 3Y*
- 7.48%
- 5Y*
- 3.93%
- 10Y*
- 4.22%
- ALL TIME*
- 13.51%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $289.37M | $324.64M | $369.00M | |
| $0.00 | $0.00 | $0.00 |
TRRMX vs. O - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRRMX T. Rowe Price Retirement 2050 Fund | 10.81% | 14.26% | 14.19% | 20.85% | -19.09% | 17.51% | 18.67% | 25.35% | -7.66% | 20.83% |
O Realty Income Corporation | 16.77% | 12.20% | -2.11% | -4.55% | -7.38% | 23.95% | -11.60% | 21.27% | 15.94% | 3.67% |
Correlation
The correlation between TRRMX and O is 0.06, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.06 |
Correlation (3Y) Balances recent behavior with more history. | 0.21 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.34 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2007 | 0.45 |
Over the past year, the correlation between TRRMX and O has dropped to 0.06 - well below their long-term average of 0.45, suggesting their price drivers have been diverging.
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Return for Risk
TRRMX vs. O — Risk / Return Rank
TRRMX
O
TRRMX vs. O - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2050 Fund (TRRMX) and Realty Income Corporation (O). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TRRMX | O | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.06 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.21 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 1.64 | 1.86 | -0.22 |
| Martin ratioReturn relative to average drawdown | 6.65 | 4.24 | +2.41 |
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Drawdowns
TRRMX vs. O - Drawdown Comparison
The maximum TRRMX drawdown since its inception was -53.59%, which is greater than O's maximum drawdown of -48.45%. Use the drawdown chart below to compare losses from any high point for TRRMX and O.
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Drawdown Indicators
| TRRMX | O | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.59% | -48.45% | -5.14% |
Max Drawdown (1Y)Largest decline over 1 year | -9.74% | -11.10% | +1.36% |
Max Drawdown (3Y)Largest decline over 3 years | -15.50% | -22.36% | +6.86% |
Max Drawdown (5Y)Largest decline over 5 years | -27.95% | -34.48% | +6.53% |
Max Drawdown (10Y)Largest decline over 10 years | -32.51% | -48.28% | +15.77% |
Current DrawdownCurrent decline from peak | -0.95% | -3.39% | +2.44% |
Average DrawdownAverage peak-to-trough decline | -7.52% | -9.18% | +1.66% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.38% | 4.87% | -2.49% |
Volatility
TRRMX vs. O - Volatility Comparison
The current volatility for T. Rowe Price Retirement 2050 Fund (TRRMX) is 3.49%, while Realty Income Corporation (O) has a volatility of 6.31%. This indicates that TRRMX experiences smaller price fluctuations and is considered to be less risky than O based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TRRMX | O | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.49% | 6.31% | -2.82% |
Volatility (6M)Calculated over the trailing 6-month period | 10.91% | 12.91% | -2.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.42% | 16.57% | -3.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.35% | 19.04% | -3.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.45% | 25.67% | -10.22% |
Dividends
TRRMX vs. O - Dividend Comparison
TRRMX has not paid dividends to shareholders, while O's dividend yield for the trailing twelve months is around 5.50%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
O Realty Income Corporation | 5.07% | 6.19% | 5.37% | 5.33% | 4.68% | 3.87% | 4.51% | 3.69% | 4.19% | 4.45% | 4.18% | 4.41% |
TRRMX T. Rowe Price Retirement 2050 Fund | 0.00% | 0.00% | 1.88% | 4.45% | 7.81% | 6.91% | 4.33% | 5.75% | 8.56% | 2.32% | 3.08% | 3.96% |
Frequently Asked Questions
TRRMX and O have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
O has higher volatility (6.31%) compared to TRRMX (3.49%). In terms of maximum drawdown, TRRMX dropped -53.59% vs O's -48.45%.
O currently has the higher Sharpe Ratio (1.25 vs 1.19), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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