Target Allocation ETF — Moderate Growth

Target AllocationTarget Allocation ETF

80% Equity / 18% Fixed Income · ETF implementation · Last reviewed 2026-03-12

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 — Moderate Growth.

YTD return

+8.5%

Benchmark +7.9%

1 year

+10.2%

Excess 0.6 pts

Since inception

4.5%

Annualized

Net expense

0.23%

Weighted across 8 sleeves

Growth of a hypothetical investment

80% Equity / 18% Fixed Income vs Blended Global ETF Composite

-8.7%+10.0%+28.8%+47.6%+66.3%201620182020202220242026
Model Benchmark

Jul 2026 Model +59.1% · Benchmark +48.6%

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

Calendar year returns

Model versus benchmark, by year

2017+14.0
2018+2.1
2019+11.4
2020-0.4
2021+10.5
2022-11.3
2023+3.9
2024+9.7
2025-2.6
2026+8.5
Model Benchmark

Best year 2017 (14.0%) · Weakest year 2022 (-11.3%)

Trailing returns

Annualized beyond one year

PeriodModelBenchExcess
1M+0.5%+0.8%-0.2%
3M+1.4%+1.4%-0.0%
YTD+8.5%+7.9%+0.6%
1Y+10.2%+9.6%+0.6%
3Y+5.2%+4.3%+0.9%
5Y+2.5%+1.6%+0.9%
Since inception+4.5%+3.8%+0.7%