Target Allocation Blend — Growth

Target AllocationTarget Allocation Blend

70% Equity / 28% Fixed Income · Blend implementation · Last reviewed 2026-01-13

Ask T. Rowe Price
ActiveConstruction v17Jan 2016Jul 2026Benchmark: Blended Global 60/40 Index

AI insights

Generate a briefing on positioning, performance, and risk for Target Allocation Blend — Growth.

Volatility

6.4%

Annualized standard deviation

Max drawdown

-20.1%

Peak to trough

Sharpe ratio

-0.03

2.4% risk-free rate

Equity exposure

70%

Strategic target

Risk statistics

Model versus benchmark, since inception

MeasureModelBench

Annualized return

Since inception, net of fund fees

2.2%1.7%

Standard deviation

Annualized volatility of monthly returns

6.4%6.4%

Sharpe ratio

Assumes a 2.4% risk-free rate

-0.03-0.11

Max drawdown

Largest peak-to-trough decline

-20.1%-20.1%

Beta vs benchmark

Sensitivity to benchmark movements

1.051.00

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

    -22.8%

    Benchmark -23.9% · Model outperformed by 1.1 pts

  • 2022 rate shock

    Jan 2022Oct 2022

    -16.4%

    Benchmark -17.7% · Model outperformed by 1.3 pts

  • 2025 growth scare

    Feb 2025May 2025

    -7.9%

    Benchmark -8.6% · Model outperformed by 0.7 pts

Simulated stress results for illustration only.