Target Allocation ETF — Balanced Income

Target AllocationTarget Allocation ETF

40% Equity / 58% Fixed Income · ETF implementation · Last reviewed 2026-06-18

Ask T. Rowe Price
ActiveConstruction v12Jan 2016Jul 2026Benchmark: Blended Global ETF Composite

AI insights

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

YTD return

+3.9%

Benchmark +3.2%

1 year

+5.4%

Excess 1.2 pts

Since inception

3.7%

Annualized

Net expense

0.27%

Weighted across 9 sleeves

Growth of a hypothetical investment

40% Equity / 58% Fixed Income vs Blended Global ETF Composite

-6.8%+8.2%+23.2%+38.2%+53.2%201620182020202220242026
Model Benchmark

Jul 2026 Model +46.6% · Benchmark +38.8%

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

Calendar year returns

Model versus benchmark, by year

2017+4.9
2018+6.2
2019+6.1
2020+4.3
2021+7.4
2022-13.1
2023+8.4
2024+7.5
2025-0.3
2026+3.9
Model Benchmark

Best year 2023 (8.4%) · Weakest year 2022 (-13.1%)

Trailing returns

Annualized beyond one year

PeriodModelBenchExcess
1M-0.6%-0.7%+0.1%
3M+1.4%+1.0%+0.4%
YTD+3.9%+3.2%+0.6%
1Y+5.4%+4.1%+1.2%
3Y+4.9%+4.3%+0.6%
5Y+1.8%+1.4%+0.4%
Since inception+3.7%+3.1%+0.5%