DRIJX vs. BRIAX
DRIJX (Dimensional 2050 Target Date Retirement Income Fund) and BRIAX (BlackRock Retirement Income 2030 Fund) are both Target Retirement Date funds. Over the past 5 years, DRIJX returned 11.00%/yr vs 2.96%/yr for BRIAX. Their 0.80 correlation means they have sometimes moved together and sometimes differently. DRIJX charges 0.22%/yr vs 0.50%/yr for BRIAX.
Performance
DRIJX vs. BRIAX - Performance Comparison
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Returns By Period
In the year-to-date period, DRIJX achieves a 10.23% return, which is significantly higher than BRIAX's 3.46% return.
DRIJX
- 1D
- 1.59%
- 1M
- -0.12%
- 6M
- 7.23%
- YTD
- 10.23%
- 1Y
- 21.33%
- 3Y*
- 17.05%
- 5Y*
- 11.00%
- 10Y*
- 12.13%
- ALL TIME*
- 12.25%
BRIAX
- 1D
- 0.64%
- 1M
- -0.51%
- 6M
- 1.89%
- YTD
- 3.46%
- 1Y
- 8.24%
- 3Y*
- 8.43%
- 5Y*
- 2.96%
- 10Y*
- —
- ALL TIME*
- 4.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
DRIJX vs. BRIAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DRIJX Dimensional 2050 Target Date Retirement Income Fund | 10.23% | 19.64% | 17.05% | 21.37% | -15.25% | 21.63% | 17.69% |
BRIAX BlackRock Retirement Income 2030 Fund | 3.46% | 11.31% | 6.84% | 8.12% | -13.54% | 5.52% | 6.89% |
Correlation
The correlation between DRIJX and BRIAX is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.78 |
Correlation (3Y) Balances recent behavior with more history. | 0.76 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.79 |
Correlation (All Time) Calculated using the full available price history since Jul 31, 2020 | 0.80 |
The correlation between DRIJX and BRIAX has been stable across timeframes, ranging from 0.76 to 0.80 - a consistent structural relationship.
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Return for Risk
DRIJX vs. BRIAX — Risk / Return Rank
DRIJX
BRIAX
DRIJX vs. BRIAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional 2050 Target Date Retirement Income Fund (DRIJX) and BlackRock Retirement Income 2030 Fund (BRIAX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DRIJX | BRIAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.25 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.29 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.42 | 1.70 | +0.72 |
| Martin ratioReturn relative to average drawdown | 10.40 | 7.22 | +3.19 |
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Drawdowns
DRIJX vs. BRIAX - Drawdown Comparison
The maximum DRIJX drawdown since its inception was -33.55%, which is greater than BRIAX's maximum drawdown of -18.28%. Use the drawdown chart below to compare losses from any high point for DRIJX and BRIAX.
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Drawdown Indicators
| DRIJX | BRIAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.55% | -18.28% | -15.27% |
Max Drawdown (1Y)Largest decline over 1 year | -8.12% | -5.14% | -2.98% |
Max Drawdown (3Y)Largest decline over 3 years | -15.25% | -5.72% | -9.53% |
Max Drawdown (5Y)Largest decline over 5 years | -23.49% | -18.28% | -5.21% |
Max Drawdown (10Y)Largest decline over 10 years | -33.55% | — | — |
Current DrawdownCurrent decline from peak | -1.31% | -0.90% | -0.41% |
Average DrawdownAverage peak-to-trough decline | -4.15% | -4.85% | +0.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.89% | 1.21% | +0.68% |
Volatility
DRIJX vs. BRIAX - Volatility Comparison
Dimensional 2050 Target Date Retirement Income Fund (DRIJX) has a higher volatility of 3.16% compared to BlackRock Retirement Income 2030 Fund (BRIAX) at 1.39%. This indicates that DRIJX's price experiences larger fluctuations and is considered to be riskier than BRIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| DRIJX | BRIAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 1.39% | +1.77% |
Volatility (6M)Calculated over the trailing 6-month period | 9.32% | 4.93% | +4.39% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.22% | 5.86% | +5.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.65% | 6.49% | +8.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.56% | 6.22% | +9.34% |
DRIJX vs. BRIAX - Expense Ratio Comparison
DRIJX has a 0.22% expense ratio, which is lower than BRIAX's 0.50% expense ratio.
Dividends
DRIJX vs. BRIAX - Dividend Comparison
DRIJX's dividend yield for the trailing twelve months is around 2.36%, less than BRIAX's 7.77% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BRIAX BlackRock Retirement Income 2030 Fund | 7.77% | 8.38% | 8.64% | 5.18% | 6.14% | 5.94% | 2.96% | 0.00% | 0.00% | 0.00% | 0.00% |
DRIJX Dimensional 2050 Target Date Retirement Income Fund | 2.36% | 2.49% | 2.53% | 3.40% | 3.98% | 2.87% | 4.15% | 2.18% | 2.29% | 1.25% | 1.40% |
Frequently Asked Questions
DRIJX and BRIAX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DRIJX has higher volatility (3.16%) compared to BRIAX (1.39%). In terms of maximum drawdown, DRIJX dropped -33.55% vs BRIAX's -18.28%.
DRIJX currently has the higher Sharpe Ratio (1.75 vs 1.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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