Dynamic Allocation — Balanced

DynamicDynamic Allocation

55% Equity / 37% Fixed Income · Blend ETF implementation · Last reviewed 2026-06-15

Ask T. Rowe Price
ActiveConstruction v15Jan 2016Jul 2026Benchmark: Tactical Allocation Composite

AI insights

Generate a briefing on positioning, performance, and risk for Dynamic Allocation — Balanced.

YTD return

+5.1%

Benchmark +4.9%

1 year

+4.8%

Excess 0.3 pts

Since inception

1.5%

Annualized

Net expense

0.35%

Weighted across 9 sleeves

Growth of a hypothetical investment

55% Equity / 37% Fixed Income vs Tactical Allocation Composite

-3.3%+5.1%+13.5%+22.0%+30.4%201620182020202220242026
Model Benchmark

Jul 2026 Model +16.8% · Benchmark +9.9%

Simulated results for illustration only. Past performance is not indicative of future results.

Calendar year returns

Model versus benchmark, by year

2017+3.0
2018+5.7
2019+5.4
2020-1.4
2021+3.7
2022-14.3
2023+5.2
2024+0.4
2025-2.8
2026+5.1
Model Benchmark

Best year 2018 (5.7%) · Weakest year 2022 (-14.3%)

Trailing returns

Annualized beyond one year

PeriodModelBenchExcess
1M+0.8%+1.0%-0.1%
3M+1.3%+1.6%-0.2%
YTD+5.1%+4.9%+0.2%
1Y+4.8%+4.5%+0.3%
3Y+1.8%+1.5%+0.4%
5Y-1.0%-1.5%+0.5%
Since inception+1.5%+0.9%+0.6%