Target Allocation ETF — Moderately Conservative

Target AllocationTarget Allocation ETF

30% Equity / 68% Fixed Income · ETF implementation · Last reviewed 2026-05-17

Ask T. Rowe Price
ActiveConstruction v19Jan 2016Jul 2026Benchmark: Blended Global ETF Composite

AI insights

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

YTD return

+2.5%

Benchmark +2.6%

1 year

+3.9%

Excess -0.1 pts

Since inception

1.5%

Annualized

Net expense

0.38%

Weighted across 9 sleeves

Growth of a hypothetical investment

30% Equity / 68% Fixed Income vs Blended Global ETF Composite

-9.3%-1.9%+5.5%+12.9%+20.2%201620182020202220242026
Model Benchmark

Jul 2026 Model +17.4% · Benchmark +13.0%

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

Calendar year returns

Model versus benchmark, by year

2017+2.5
2018+3.8
2019+1.2
2020-0.6
2021+2.4
2022-10.3
2023+6.2
2024+7.4
2025-1.7
2026+2.5
Model Benchmark

Best year 2024 (7.4%) · Weakest year 2022 (-10.3%)

Trailing returns

Annualized beyond one year

PeriodModelBenchExcess
1M+0.3%+0.4%-0.1%
3M+1.9%+2.0%-0.1%
YTD+2.5%+2.6%-0.2%
1Y+3.9%+4.0%-0.1%
3Y+3.6%+3.5%+0.1%
5Y+0.7%+0.3%+0.4%
Since inception+1.5%+1.2%+0.4%