TRRYX vs. VOO
Compare and contrast key facts about T. Rowe Price Retirement 2060 Fund (TRRYX) and Vanguard S&P 500 ETF (VOO).
TRRYX is managed by T. Rowe Price. It was launched on Jun 22, 2014. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRRYX or VOO.
Key characteristics
| TRRYX | VOO | |
|---|---|---|
| YTD Return | 13.93% | 19.30% |
| 1Y Return | 22.09% | 28.36% |
| 3Y Return (Ann) | 4.21% | 10.06% |
| 5Y Return (Ann) | 10.25% | 15.26% |
| 10Y Return (Ann) | 8.73% | 12.92% |
| Sharpe Ratio | 1.87 | 2.26 |
| Daily Std Dev | 11.74% | 12.63% |
| Max Drawdown | -32.54% | -33.99% |
| Current Drawdown | -0.66% | -0.28% |
Correlation
The correlation between TRRYX and VOO 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
TRRYX vs. VOO - Performance Comparison
In the year-to-date period, TRRYX achieves a 13.93% return, which is significantly lower than VOO's 19.30% return. Over the past 10 years, TRRYX has underperformed VOO with an annualized return of 8.73%, while VOO has yielded a comparatively higher 12.92% 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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TRRYX vs. VOO - Expense Ratio Comparison
TRRYX has a 0.90% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
TRRYX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Retirement 2060 Fund (TRRYX) and Vanguard S&P 500 ETF (VOO). 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
TRRYX vs. VOO - Dividend Comparison
TRRYX's dividend yield for the trailing twelve months is around 2.76%, more than VOO's 1.28% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRRYX T. Rowe Price Retirement 2060 Fund | 2.76% | 3.14% | 5.54% | 4.01% | 2.26% | 4.12% | 5.23% | 2.66% | 2.57% | 2.07% | 1.52% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.28% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
TRRYX vs. VOO - Drawdown Comparison
The maximum TRRYX drawdown since its inception was -32.54%, roughly equal to the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for TRRYX and VOO. For additional features, visit the drawdowns tool.
Volatility
TRRYX vs. VOO - Volatility Comparison
T. Rowe Price Retirement 2060 Fund (TRRYX) and Vanguard S&P 500 ETF (VOO) have volatilities of 3.86% and 3.92%, 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.