DRIWX vs. DRIQX
DRIWX (Dimensional 2030 Target Date Retirement Income Fund) and DRIQX (Dimensional 2015 Target Date Retirement Income Fund) are both Target Retirement Date funds from Dimensional. Over the past 10 years, DRIWX returned 5.81%/yr vs 4.48%/yr for DRIQX. Their correlation of 0.91 means they have usually moved in the same direction. DRIWX charges 0.20%/yr vs 0.17%/yr for DRIQX.
Performance
DRIWX vs. DRIQX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DRIWX achieves a 2.69% return, which is significantly lower than DRIQX's 3.01% return. Over the past 10 years, DRIWX has outperformed DRIQX with an annualized return of 5.81%, while DRIQX has yielded a comparatively lower 4.48% annualized return.
DRIWX
- 1D
- 0.58%
- 1M
- -1.53%
- 6M
- 1.52%
- YTD
- 2.69%
- 1Y
- 7.54%
- 3Y*
- 6.27%
- 5Y*
- 1.07%
- 10Y*
- 5.81%
- ALL TIME*
- 6.40%
DRIQX
- 1D
- 0.35%
- 1M
- -0.44%
- 6M
- 1.84%
- YTD
- 3.01%
- 1Y
- 6.61%
- 3Y*
- 6.44%
- 5Y*
- 1.86%
- 10Y*
- 4.48%
- ALL TIME*
- 5.07%
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 |
DRIWX vs. DRIQX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
DRIWX Dimensional 2030 Target Date Retirement Income Fund | 2.69% | 9.89% | 5.12% | 10.05% | -22.34% | 13.46% | 18.33% | 21.04% | -7.35% | 15.68% |
DRIQX Dimensional 2015 Target Date Retirement Income Fund | 3.01% | 8.83% | 5.47% | 8.17% | -14.79% | 7.79% | 14.31% | 14.08% | -4.20% | 7.82% |
Correlation
The correlation between DRIWX and DRIQX is 0.95, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.96 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.91 |
The correlation between DRIWX and DRIQX has been stable across timeframes, ranging from 0.91 to 0.96 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DRIWX vs. DRIQX — Risk / Return Rank
DRIWX
DRIQX
DRIWX vs. DRIQX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional 2030 Target Date Retirement Income Fund (DRIWX) and Dimensional 2015 Target Date Retirement Income Fund (DRIQX). 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.
| DRIWX | DRIQX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.27 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.26 | 1.90 | -0.63 |
| Martin ratioReturn relative to average drawdown | 4.56 | 7.47 | -2.91 |
Loading charts...
Drawdowns
DRIWX vs. DRIQX - Drawdown Comparison
The maximum DRIWX drawdown since its inception was -27.45%, which is greater than DRIQX's maximum drawdown of -19.86%. Use the drawdown chart below to compare losses from any high point for DRIWX and DRIQX.
Loading charts...
Drawdown Indicators
| DRIWX | DRIQX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.45% | -19.86% | -7.59% |
Max Drawdown (1Y)Largest decline over 1 year | -5.75% | -3.47% | -2.28% |
Max Drawdown (3Y)Largest decline over 3 years | -9.07% | -5.12% | -3.95% |
Max Drawdown (5Y)Largest decline over 5 years | -27.45% | -19.86% | -7.59% |
Max Drawdown (10Y)Largest decline over 10 years | -27.45% | -19.86% | -7.59% |
Current DrawdownCurrent decline from peak | -2.47% | -1.30% | -1.17% |
Average DrawdownAverage peak-to-trough decline | -6.28% | -3.84% | -2.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 0.88% | +0.71% |
Volatility
DRIWX vs. DRIQX - Volatility Comparison
Dimensional 2030 Target Date Retirement Income Fund (DRIWX) has a higher volatility of 1.88% compared to Dimensional 2015 Target Date Retirement Income Fund (DRIQX) at 1.10%. This indicates that DRIWX's price experiences larger fluctuations and is considered to be riskier than DRIQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DRIWX | DRIQX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.88% | 1.10% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 5.71% | 3.60% | +2.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.18% | 4.52% | +2.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.67% | 7.07% | +3.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.06% | 6.58% | +3.48% |
DRIWX vs. DRIQX - Expense Ratio Comparison
DRIWX has a 0.20% expense ratio, which is higher than DRIQX's 0.17% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
DRIWX vs. DRIQX - Dividend Comparison
DRIWX's dividend yield for the trailing twelve months is around 7.48%, more than DRIQX's 6.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
DRIQX Dimensional 2015 Target Date Retirement Income Fund | 6.36% | 4.95% | 4.53% | 4.28% | 6.51% | 4.54% | 3.76% | 2.05% | 2.23% | 1.66% | 1.37% |
DRIWX Dimensional 2030 Target Date Retirement Income Fund | 7.48% | 6.89% | 6.04% | 4.10% | 6.63% | 5.81% | 3.93% | 2.39% | 2.45% | 1.33% | 1.40% |
Frequently Asked Questions
With a correlation of 0.95, DRIWX and DRIQX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
DRIWX has higher volatility (1.88%) compared to DRIQX (1.10%). In terms of maximum drawdown, DRIWX dropped -27.45% vs DRIQX's -19.86%.
DRIQX currently has the higher Sharpe Ratio (1.46 vs 1.01), 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.
Find the right allocation for DRIWX and DRIQX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer