Dynamic Allocation — Growth

DynamicDynamic Allocation

75% Equity / 18% Fixed Income · Blend ETF implementation · Last reviewed 2026-02-17

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ActiveConstruction v12Jan 2016Jul 2026Benchmark: Tactical Allocation Composite

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Volatility

6.1%

Annualized standard deviation

Max drawdown

-18.8%

Peak to trough

Sharpe ratio

-0.06

2.4% risk-free rate

Equity exposure

75%

Strategic target

Risk statistics

Model versus benchmark, since inception

MeasureModelBench

Annualized return

Since inception, net of fund fees

2.0%1.7%

Standard deviation

Annualized volatility of monthly returns

6.1%6.1%

Sharpe ratio

Assumes a 2.4% risk-free rate

-0.06-0.11

Max drawdown

Largest peak-to-trough decline

-18.8%-19.0%

Beta vs benchmark

Sensitivity to benchmark movements

0.931.00

Tracking error

Dispersion of excess return

2.5%0.0%

Historical drawdowns

How the model behaved through stress periods

  • COVID-19 selloff

    Jan 2020Mar 2020

    -24.0%

    Benchmark -25.1% · Model outperformed by 1.1 pts

  • 2022 rate shock

    Jan 2022Oct 2022

    -17.0%

    Benchmark -18.3% · Model outperformed by 1.3 pts

  • 2025 growth scare

    Feb 2025May 2025

    -8.2%

    Benchmark -9.0% · Model outperformed by 0.8 pts

Simulated stress results for illustration only.