TRTGX vs. SPY
Compare and contrast key facts about T. Rowe Price Target 2060 Fund (TRTGX) and SPDR S&P 500 ETF (SPY).
TRTGX is managed by T. Rowe Price. It was launched on Jun 22, 2014. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TRTGX or SPY.
Correlation
The correlation between TRTGX and SPY is 0.94, 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
TRTGX vs. SPY - Performance Comparison
Key characteristics
TRTGX:
0.42
SPY:
0.57
TRTGX:
0.69
SPY:
0.94
TRTGX:
1.10
SPY:
1.14
TRTGX:
0.43
SPY:
0.61
TRTGX:
1.84
SPY:
2.48
TRTGX:
3.77%
SPY:
4.63%
TRTGX:
16.56%
SPY:
20.07%
TRTGX:
-32.56%
SPY:
-55.19%
TRTGX:
-6.02%
SPY:
-9.29%
Returns By Period
In the year-to-date period, TRTGX achieves a -0.44% return, which is significantly higher than SPY's -5.13% return. Over the past 10 years, TRTGX has underperformed SPY with an annualized return of 5.32%, while SPY has yielded a comparatively higher 12.11% annualized return.
TRTGX
-0.44%
-0.44%
-3.19%
5.65%
9.17%
5.32%
SPY
-5.13%
-0.24%
-4.11%
10.06%
15.53%
12.11%
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TRTGX vs. SPY - Expense Ratio Comparison
TRTGX has a 0.90% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
TRTGX vs. SPY — Risk-Adjusted Performance Rank
TRTGX
SPY
TRTGX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Target 2060 Fund (TRTGX) and SPDR S&P 500 ETF (SPY). 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
TRTGX vs. SPY - Dividend Comparison
TRTGX's dividend yield for the trailing twelve months is around 1.02%, less than SPY's 1.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TRTGX T. Rowe Price Target 2060 Fund | 1.02% | 1.02% | 1.12% | 0.96% | 0.48% | 0.64% | 1.32% | 1.14% | 0.86% | 1.02% | 1.16% | 0.91% |
SPY SPDR S&P 500 ETF | 1.29% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
TRTGX vs. SPY - Drawdown Comparison
The maximum TRTGX drawdown since its inception was -32.56%, smaller than the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for TRTGX and SPY. For additional features, visit the drawdowns tool.
Volatility
TRTGX vs. SPY - Volatility Comparison
The current volatility for T. Rowe Price Target 2060 Fund (TRTGX) is 11.89%, while SPDR S&P 500 ETF (SPY) has a volatility of 15.00%. This indicates that TRTGX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.