DRIKX vs. DRIHX
Compare and contrast key facts about Dimensional 2055 Target Date Retirement Income Fund (DRIKX) and Dimensional 2040 Target Date Retirement Income Fund (DRIHX).
DRIKX is managed by Dimensional Fund Advisors LP. It was launched on Nov 1, 2015. DRIHX 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: DRIKX or DRIHX.
Performance
DRIKX vs. DRIHX - Performance Comparison
Returns By Period
In the year-to-date period, DRIKX achieves a 19.47% return, which is significantly higher than DRIHX's 13.42% return.
DRIKX
19.47%
1.87%
8.90%
25.87%
12.04%
N/A
DRIHX
13.42%
0.99%
6.78%
19.16%
8.54%
N/A
Key characteristics
| DRIKX | DRIHX | |
|---|---|---|
| Sharpe Ratio | 2.37 | 2.23 |
| Sortino Ratio | 3.22 | 3.18 |
| Omega Ratio | 1.43 | 1.41 |
| Calmar Ratio | 3.39 | 2.50 |
| Martin Ratio | 15.38 | 13.68 |
| Ulcer Index | 1.68% | 1.40% |
| Daily Std Dev | 10.91% | 8.58% |
| Max Drawdown | -33.48% | -27.96% |
| Current Drawdown | -0.69% | -1.03% |
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DRIKX vs. DRIHX - Expense Ratio Comparison
Both DRIKX and DRIHX 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 DRIKX and DRIHX 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
DRIKX vs. DRIHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional 2055 Target Date Retirement Income Fund (DRIKX) and Dimensional 2040 Target Date Retirement Income Fund (DRIHX). 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
DRIKX vs. DRIHX - Dividend Comparison
DRIKX's dividend yield for the trailing twelve months is around 1.72%, less than DRIHX's 2.55% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRIKX Dimensional 2055 Target Date Retirement Income Fund | 1.72% | 1.95% | 1.93% | 1.54% | 1.50% | 1.94% | 2.10% | 1.90% | 2.02% | 0.55% |
DRIHX Dimensional 2040 Target Date Retirement Income Fund | 2.55% | 2.58% | 2.55% | 1.60% | 1.38% | 2.01% | 2.17% | 1.86% | 2.02% | 0.02% |
Drawdowns
DRIKX vs. DRIHX - Drawdown Comparison
The maximum DRIKX drawdown since its inception was -33.48%, which is greater than DRIHX's maximum drawdown of -27.96%. Use the drawdown chart below to compare losses from any high point for DRIKX and DRIHX. For additional features, visit the drawdowns tool.
Volatility
DRIKX vs. DRIHX - Volatility Comparison
Dimensional 2055 Target Date Retirement Income Fund (DRIKX) has a higher volatility of 3.15% compared to Dimensional 2040 Target Date Retirement Income Fund (DRIHX) at 2.40%. This indicates that DRIKX's price experiences larger fluctuations and is considered to be riskier than DRIHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.