Target Allocation ETF — Conservative

Target AllocationTarget Allocation ETF

20% Equity / 78% Fixed Income · ETF implementation · Last reviewed 2026-04-16

Ask T. Rowe Price
ActiveConstruction v16Jan 2016Jul 2026Benchmark: Blended Global ETF Composite

AI insights

Generate a briefing on positioning, performance, and risk for Target Allocation ETF — Conservative.

YTD return

+3.3%

Benchmark +3.0%

1 year

+4.2%

Excess 0.4 pts

Since inception

1.8%

Annualized

Net expense

0.32%

Weighted across 9 sleeves

Growth of a hypothetical investment

20% Equity / 78% Fixed Income vs Blended Global ETF Composite

-3.2%+5.0%+13.2%+21.3%+29.5%201620182020202220242026
Model Benchmark

Jul 2026 Model +20.2% · Benchmark +14.7%

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

Calendar year returns

Model versus benchmark, by year

2017+5.9
2018+5.5
2019+5.3
2020+0.4
2021+0.9
2022-12.7
2023+1.8
2024+3.6
2025+0.5
2026+3.3
Model Benchmark

Best year 2017 (5.9%) · Weakest year 2022 (-12.7%)

Trailing returns

Annualized beyond one year

PeriodModelBenchExcess
1M+0.9%+0.9%+0.1%
3M+1.8%+1.7%+0.1%
YTD+3.3%+3.0%+0.3%
1Y+4.2%+3.8%+0.4%
3Y+2.5%+2.0%+0.5%
5Y-0.7%-1.0%+0.3%
Since inception+1.8%+1.3%+0.5%