Target Allocation Active — Aggressive Growth

Target AllocationTarget Allocation Active

90% Equity / 8% Fixed Income · Active implementation · Last reviewed 2026-02-17

Ask T. Rowe Price
ActiveConstruction v11Jan 2016Jul 2026Benchmark: Blended Global 60/40 Index

AI insights

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Volatility

7.1%

Annualized standard deviation

Max drawdown

-19.7%

Peak to trough

Sharpe ratio

0.39

2.4% risk-free rate

Equity exposure

90%

Strategic target

Risk statistics

Model versus benchmark, since inception

MeasureModelBench

Annualized return

Since inception, net of fund fees

5.1%4.5%

Standard deviation

Annualized volatility of monthly returns

7.1%7.1%

Sharpe ratio

Assumes a 2.4% risk-free rate

0.390.29

Max drawdown

Largest peak-to-trough decline

-19.7%-19.8%

Beta vs benchmark

Sensitivity to benchmark movements

0.991.00

Tracking error

Dispersion of excess return

1.6%0.0%

Historical drawdowns

How the model behaved through stress periods

  • COVID-19 selloff

    Jan 2020Mar 2020

    -27.6%

    Benchmark -28.9% · Model outperformed by 1.3 pts

  • 2022 rate shock

    Jan 2022Oct 2022

    -18.8%

    Benchmark -20.3% · Model outperformed by 1.5 pts

  • 2025 growth scare

    Feb 2025May 2025

    -9.3%

    Benchmark -10.1% · Model outperformed by 0.8 pts

Simulated stress results for illustration only.