TRSGX vs. GAA
Compare and contrast key facts about T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX) and Cambria Global Asset Allocation ETF (GAA).
TRSGX is managed by T. Rowe Price. It was launched on Jul 28, 1994. GAA is an actively managed fund by Cambria. It was launched on Dec 9, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRSGX or GAA.
Key characteristics
| TRSGX | GAA | |
|---|---|---|
| YTD Return | 15.28% | 7.79% |
| 1Y Return | 24.83% | 16.28% |
| 3Y Return (Ann) | 2.41% | 1.45% |
| 5Y Return (Ann) | 8.61% | 5.73% |
| Sharpe Ratio | 2.55 | 1.52 |
| Sortino Ratio | 3.54 | 2.20 |
| Omega Ratio | 1.47 | 1.27 |
| Calmar Ratio | 1.76 | 1.50 |
| Martin Ratio | 17.11 | 10.18 |
| Ulcer Index | 1.45% | 1.52% |
| Daily Std Dev | 9.75% | 10.17% |
| Max Drawdown | -51.79% | -26.57% |
| Current Drawdown | -0.66% | -2.67% |
Correlation
The correlation between TRSGX and GAA is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
TRSGX vs. GAA - Performance Comparison
In the year-to-date period, TRSGX achieves a 15.28% return, which is significantly higher than GAA's 7.79% 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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TRSGX vs. GAA - Expense Ratio Comparison
TRSGX has a 0.61% expense ratio, which is higher than GAA's 0.41% expense ratio.
Risk-Adjusted Performance
TRSGX vs. GAA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX) and Cambria Global Asset Allocation ETF (GAA). 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
TRSGX vs. GAA - Dividend Comparison
TRSGX's dividend yield for the trailing twelve months is around 1.59%, less than GAA's 4.59% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRSGX T. Rowe Price Spectrum Moderate Growth Allocation Fund | 1.59% | 1.84% | 1.38% | 0.71% | 0.83% | 1.34% | 1.61% | 1.12% | 1.41% | 1.65% | 1.55% | 1.05% |
GAA Cambria Global Asset Allocation ETF | 4.59% | 3.73% | 6.05% | 4.21% | 2.73% | 3.32% | 3.00% | 2.35% | 2.81% | 2.49% | 0.57% | 0.00% |
Drawdowns
TRSGX vs. GAA - Drawdown Comparison
The maximum TRSGX drawdown since its inception was -51.79%, which is greater than GAA's maximum drawdown of -26.57%. Use the drawdown chart below to compare losses from any high point for TRSGX and GAA. For additional features, visit the drawdowns tool.
Volatility
TRSGX vs. GAA - Volatility Comparison
The current volatility for T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX) is 2.56%, while Cambria Global Asset Allocation ETF (GAA) has a volatility of 3.05%. This indicates that TRSGX experiences smaller price fluctuations and is considered to be less risky than GAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.