TRRNX vs. SWYNX
Compare and contrast key facts about T. Rowe Price Retirement 2055 Fund (TRRNX) and Schwab Target 2060 Index Fund (SWYNX).
TRRNX is managed by T. Rowe Price. It was launched on Dec 28, 2006. SWYNX is managed by Schwab Funds. It was launched on Aug 24, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRRNX or SWYNX.
Key characteristics
| TRRNX | SWYNX | |
|---|---|---|
| YTD Return | 17.55% | 17.54% |
| 1Y Return | 28.66% | 29.64% |
| 3Y Return (Ann) | 4.03% | 5.22% |
| 5Y Return (Ann) | 10.81% | 10.68% |
| Sharpe Ratio | 2.53 | 2.54 |
| Sortino Ratio | 3.48 | 3.39 |
| Omega Ratio | 1.46 | 1.51 |
| Calmar Ratio | 2.20 | 2.82 |
| Martin Ratio | 16.75 | 17.69 |
| Ulcer Index | 1.71% | 1.67% |
| Daily Std Dev | 11.31% | 11.63% |
| Max Drawdown | -53.59% | -33.36% |
| Current Drawdown | -0.71% | -0.90% |
Correlation
The correlation between TRRNX and SWYNX is 0.95, 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. SWYNX - Performance Comparison
The year-to-date returns for both stocks are quite close, with TRRNX having a 17.55% return and SWYNX slightly lower at 17.54%. 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. SWYNX - Expense Ratio Comparison
TRRNX has a 0.65% expense ratio, which is higher than SWYNX's 0.04% expense ratio.
Risk-Adjusted Performance
TRRNX vs. SWYNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2055 Fund (TRRNX) and Schwab Target 2060 Index Fund (SWYNX). 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. SWYNX - Dividend Comparison
TRRNX's dividend yield for the trailing twelve months is around 1.08%, less than SWYNX's 1.71% 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% |
SWYNX Schwab Target 2060 Index Fund | 1.71% | 2.01% | 1.95% | 1.74% | 1.62% | 1.99% | 2.16% | 1.44% | 1.23% | 0.00% | 0.00% | 0.00% |
Drawdowns
TRRNX vs. SWYNX - Drawdown Comparison
The maximum TRRNX drawdown since its inception was -53.59%, which is greater than SWYNX's maximum drawdown of -33.36%. Use the drawdown chart below to compare losses from any high point for TRRNX and SWYNX. For additional features, visit the drawdowns tool.
Volatility
TRRNX vs. SWYNX - Volatility Comparison
T. Rowe Price Retirement 2055 Fund (TRRNX) and Schwab Target 2060 Index Fund (SWYNX) have volatilities of 3.04% and 3.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.