DRIHX vs. DRIKX
Compare and contrast key facts about Dimensional 2040 Target Date Retirement Income Fund (DRIHX) and Dimensional 2055 Target Date Retirement Income Fund (DRIKX).
DRIHX is managed by Dimensional Fund Advisors LP. It was launched on Nov 1, 2015. DRIKX is managed by Dimensional Fund Advisors LP. It was launched on Nov 1, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DRIHX or DRIKX.
Performance
DRIHX vs. DRIKX - Performance Comparison
Returns By Period
In the year-to-date period, DRIHX achieves a 13.07% return, which is significantly lower than DRIKX's 19.05% return.
DRIHX
13.07%
0.00%
7.01%
18.80%
8.48%
N/A
DRIKX
19.05%
0.70%
9.28%
25.43%
11.97%
N/A
Key characteristics
| DRIHX | DRIKX | |
|---|---|---|
| Sharpe Ratio | 2.24 | 2.37 |
| Sortino Ratio | 3.19 | 3.21 |
| Omega Ratio | 1.41 | 1.43 |
| Calmar Ratio | 2.51 | 3.38 |
| Martin Ratio | 13.73 | 15.35 |
| Ulcer Index | 1.40% | 1.68% |
| Daily Std Dev | 8.58% | 10.91% |
| Max Drawdown | -27.96% | -33.48% |
| Current Drawdown | -1.34% | -1.04% |
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DRIHX vs. DRIKX - Expense Ratio Comparison
Both DRIHX and DRIKX have an expense ratio of 0.22%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Correlation
The correlation between DRIHX and DRIKX is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
DRIHX vs. DRIKX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional 2040 Target Date Retirement Income Fund (DRIHX) and Dimensional 2055 Target Date Retirement Income Fund (DRIKX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
DRIHX vs. DRIKX - Dividend Comparison
DRIHX's dividend yield for the trailing twelve months is around 2.56%, more than DRIKX's 1.73% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRIHX Dimensional 2040 Target Date Retirement Income Fund | 2.56% | 2.58% | 2.55% | 1.60% | 1.38% | 2.01% | 2.17% | 1.86% | 2.02% | 0.02% |
DRIKX Dimensional 2055 Target Date Retirement Income Fund | 1.73% | 1.95% | 1.93% | 1.54% | 1.50% | 1.94% | 2.10% | 1.90% | 2.02% | 0.55% |
Drawdowns
DRIHX vs. DRIKX - Drawdown Comparison
The maximum DRIHX drawdown since its inception was -27.96%, smaller than the maximum DRIKX drawdown of -33.48%. Use the drawdown chart below to compare losses from any high point for DRIHX and DRIKX. For additional features, visit the drawdowns tool.
Volatility
DRIHX vs. DRIKX - Volatility Comparison
The current volatility for Dimensional 2040 Target Date Retirement Income Fund (DRIHX) is 2.39%, while Dimensional 2055 Target Date Retirement Income Fund (DRIKX) has a volatility of 3.13%. This indicates that DRIHX experiences smaller price fluctuations and is considered to be less risky than DRIKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.