TRRMX vs. VFORX
Compare and contrast key facts about T. Rowe Price Retirement 2050 Fund (TRRMX) and Vanguard Target Retirement 2040 Fund (VFORX).
TRRMX is an actively managed fund by T. Rowe Price. It was launched on Dec 29, 2006. VFORX is managed by Vanguard. It was launched on Jun 7, 2006.
Performance
TRRMX vs. VFORX - Performance Comparison
Loading graphics...
TRRMX vs. VFORX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TRRMX T. Rowe Price Retirement 2050 Fund | -3.70% | 14.26% | 14.19% | 20.85% | -19.09% | 17.51% | 18.67% | 25.35% | -7.66% | 20.83% |
VFORX Vanguard Target Retirement 2040 Fund | -3.32% | 18.77% | 12.90% | 18.56% | -17.00% | 14.55% | 15.48% | 23.86% | -7.32% | 18.45% |
Returns By Period
In the year-to-date period, TRRMX achieves a -3.70% return, which is significantly lower than VFORX's -3.32% return. Both investments have delivered pretty close results over the past 10 years, with TRRMX having a 9.78% annualized return and VFORX not far behind at 9.48%.
TRRMX
- 1D
- -0.33%
- 1M
- -9.35%
- YTD
- -3.70%
- 6M
- -4.80%
- 1Y
- 9.86%
- 3Y*
- 12.60%
- 5Y*
- 6.39%
- 10Y*
- 9.78%
VFORX
- 1D
- -0.14%
- 1M
- -7.37%
- YTD
- -3.32%
- 6M
- -0.71%
- 1Y
- 15.06%
- 3Y*
- 13.11%
- 5Y*
- 7.08%
- 10Y*
- 9.48%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TRRMX vs. VFORX - Expense Ratio Comparison
TRRMX has a 0.62% expense ratio, which is higher than VFORX's 0.08% expense ratio.
Return for Risk
TRRMX vs. VFORX — Risk / Return Rank
TRRMX
VFORX
TRRMX vs. VFORX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2050 Fund (TRRMX) and Vanguard Target Retirement 2040 Fund (VFORX). 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.
| TRRMX | VFORX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.63 | 1.22 | -0.60 |
Sortino ratioReturn per unit of downside risk | 0.98 | 1.76 | -0.78 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.26 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 0.61 | 1.55 | -0.94 |
Martin ratioReturn relative to average drawdown | 2.74 | 7.04 | -4.30 |
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
| TRRMX | VFORX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.63 | 1.22 | -0.60 |
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 | 0.70 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.46 | -0.04 |
Correlation
The correlation between TRRMX and VFORX is 0.98, 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
TRRMX vs. VFORX - Dividend Comparison
TRRMX has not paid dividends to shareholders, while VFORX's dividend yield for the trailing twelve months is around 2.86%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VFORX Vanguard Target Retirement 2040 Fund | 2.86% | 2.77% | 2.86% | 2.38% | 2.60% | 20.68% | 2.06% | 2.28% | 2.58% | 0.04% | 2.40% | 2.99% |
Drawdowns
TRRMX vs. VFORX - Drawdown Comparison
The maximum TRRMX drawdown since its inception was -53.59%, roughly equal to the maximum VFORX drawdown of -51.63%. Use the drawdown chart below to compare losses from any high point for TRRMX and VFORX.
Loading graphics...
Drawdown Indicators
| TRRMX | VFORX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.59% | -51.63% | -1.96% |
Max Drawdown (1Y)Largest decline over 1 year | -11.66% | -8.88% | -2.78% |
Max Drawdown (5Y)Largest decline over 5 years | -27.95% | -24.32% | -3.63% |
Max Drawdown (10Y)Largest decline over 10 years | -32.51% | -29.35% | -3.16% |
Current DrawdownCurrent decline from peak | -9.74% | -7.70% | -2.04% |
Average DrawdownAverage peak-to-trough decline | -7.63% | -6.82% | -0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 1.96% | +0.95% |
Volatility
TRRMX vs. VFORX - Volatility Comparison
T. Rowe Price Retirement 2050 Fund (TRRMX) has a higher volatility of 5.07% compared to Vanguard Target Retirement 2040 Fund (VFORX) at 4.11%. This indicates that TRRMX's price experiences larger fluctuations and is considered to be riskier than VFORX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TRRMX | VFORX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.07% | 4.11% | +0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 9.50% | 7.24% | +2.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.35% | 12.42% | +3.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.12% | 12.35% | +2.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.43% | 13.64% | +1.79% |