TRRNX vs. FDSVX
Compare and contrast key facts about T. Rowe Price Retirement 2055 Fund (TRRNX) and Fidelity Growth Discovery Fund (FDSVX).
TRRNX is managed by T. Rowe Price. It was launched on Dec 28, 2006. FDSVX is managed by Fidelity. It was launched on Mar 31, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRRNX or FDSVX.
Key characteristics
| TRRNX | FDSVX | |
|---|---|---|
| YTD Return | 18.28% | 20.85% |
| 1Y Return | 30.95% | 32.83% |
| 3Y Return (Ann) | 4.36% | 3.24% |
| 5Y Return (Ann) | 10.95% | 11.63% |
| 10Y Return (Ann) | 9.39% | 10.69% |
| Sharpe Ratio | 2.65 | 1.77 |
| Sortino Ratio | 3.63 | 2.19 |
| Omega Ratio | 1.48 | 1.35 |
| Calmar Ratio | 2.15 | 1.69 |
| Martin Ratio | 17.59 | 5.39 |
| Ulcer Index | 1.71% | 5.93% |
| Daily Std Dev | 11.36% | 18.04% |
| Max Drawdown | -53.59% | -59.34% |
| Current Drawdown | -0.10% | -5.50% |
Correlation
The correlation between TRRNX and FDSVX is 0.91, 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.
Performance
TRRNX vs. FDSVX - Performance Comparison
In the year-to-date period, TRRNX achieves a 18.28% return, which is significantly lower than FDSVX's 20.85% return. Over the past 10 years, TRRNX has underperformed FDSVX with an annualized return of 9.39%, while FDSVX has yielded a comparatively higher 10.69% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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TRRNX vs. FDSVX - Expense Ratio Comparison
TRRNX has a 0.65% expense ratio, which is lower than FDSVX's 0.77% expense ratio.
Risk-Adjusted Performance
TRRNX vs. FDSVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2055 Fund (TRRNX) and Fidelity Growth Discovery Fund (FDSVX). 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.
Dividends
TRRNX vs. FDSVX - Dividend Comparison
TRRNX's dividend yield for the trailing twelve months is around 1.08%, more than FDSVX's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRNX T. Rowe Price Retirement 2055 Fund | 1.08% | 1.28% | 1.20% | 0.65% | 0.71% | 1.57% | 1.42% | 1.28% | 1.37% | 1.34% | 1.28% | 1.08% |
FDSVX Fidelity Growth Discovery Fund | 0.02% | 0.05% | 0.02% | 0.24% | 0.03% | 0.05% | 0.20% | 0.15% | 0.09% | 0.12% | 0.10% | 0.24% |
Drawdowns
TRRNX vs. FDSVX - Drawdown Comparison
The maximum TRRNX drawdown since its inception was -53.59%, smaller than the maximum FDSVX drawdown of -59.34%. Use the drawdown chart below to compare losses from any high point for TRRNX and FDSVX. For additional features, visit the drawdowns tool.
Volatility
TRRNX vs. FDSVX - Volatility Comparison
The current volatility for T. Rowe Price Retirement 2055 Fund (TRRNX) is 3.05%, while Fidelity Growth Discovery Fund (FDSVX) has a volatility of 4.45%. This indicates that TRRNX experiences smaller price fluctuations and is considered to be less risky than FDSVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.