DTDRX vs. DRILX

Last updated Jun 4, 2026

DTDRX (Dimensional 2065 Target Date Retirement Income Fund) and DRILX (Dimensional 2060 Target Date Retirement Income Fund) are both Target Retirement Date funds from Dimensional. Over the past 5 years, DTDRX returned 11.65%/yr vs 11.73%/yr for DRILX. With a 0.98 correlation, they move nearly in lockstep. Both charge a 0.22% expense ratio.

Performance

DTDRX vs. DRILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dimensional 2065 Target Date Retirement Income Fund (DTDRX) and Dimensional 2060 Target Date Retirement Income Fund (DRILX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

As of year-to-date, both investments have demonstrated similar returns, with DTDRX at 12.39% and DRILX at 12.39%.

DTDRX

• 1D: 0.36%
• 1M: 5.00%
• YTD: 12.39%
• 6M: 13.11%
• 1Y: 28.08%
• 3Y*: 20.33%
• 5Y*: 11.65%
• 10Y*: —

DRILX

• 1D: 0.35%
• 1M: 5.03%
• YTD: 12.39%
• 6M: 13.17%
• 1Y: 28.14%
• 3Y*: 20.47%
• 5Y*: 11.73%
• 10Y*: 12.69%

*Multi-year figures are annualized to reflect compound growth (CAGR)

DTDRX vs. DRILX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
DTDRX Dimensional 2065 Target Date Retirement Income Fund	12.39%	19.28%	17.13%	21.29%	-15.25%	20.99%	13.15%
DRILX Dimensional 2060 Target Date Retirement Income Fund	12.39%	19.66%	17.10%	21.37%	-15.28%	21.08%	14.10%

Correlation

The correlation between DTDRX and DRILX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (All Time) Calculated using the full available price history since Jan 2, 2020	0.98

The correlation between DTDRX and DRILX has been stable across timeframes, ranging from 0.98 to 1.00 - a consistent structural relationship.

Return for Risk

DTDRX vs. DRILX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DTDRX

DTDRX Risk / Return Rank: 83
DTDRX Sharpe Ratio Rank: 87
DTDRX Sortino Ratio Rank: 84
DTDRX Omega Ratio Rank: 79
DTDRX Calmar Ratio Rank: 80
DTDRX Martin Ratio Rank: 85

DRILX

DRILX Risk / Return Rank: 83
DRILX Sharpe Ratio Rank: 87
DRILX Sortino Ratio Rank: 84
DRILX Omega Ratio Rank: 79
DRILX Calmar Ratio Rank: 81
DRILX Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DTDRX vs. DRILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dimensional 2065 Target Date Retirement Income Fund (DTDRX) and Dimensional 2060 Target Date Retirement Income Fund (DRILX). 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.

	DTDRX	DRILX	Difference
Sharpe ratio: Return per unit of total volatility	2.86	2.87	0.00
Sortino ratio: Return per unit of downside risk	4.02	4.01	0.00
Omega ratio: Gain probability vs. loss probability	1.52	1.52	0.00
Calmar ratio: Return relative to maximum drawdown	3.69	3.70	-0.01
Martin ratio: Return relative to average drawdown	16.19	16.18	0.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DTDRX vs. DRILX - Sharpe Ratio Comparison

The current DTDRX Sharpe Ratio is 2.86, which is comparable to the DRILX Sharpe Ratio of 2.87. The chart below compares the historical Sharpe Ratios of DTDRX and DRILX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DTDRX	DRILX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.86	2.87	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.81	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.82	-0.12

Drawdowns

DTDRX vs. DRILX - Drawdown Comparison

The maximum DTDRX drawdown since its inception was -33.33%, roughly equal to the maximum DRILX drawdown of -33.48%. Use the drawdown chart below to compare losses from any high point for DTDRX and DRILX.

Drawdown Indicators

	DTDRX	DRILX	Difference
Max Drawdown Largest peak-to-trough decline	-33.33%	-33.48%	+0.15%
Max Drawdown (1Y) Largest decline over 1 year	-8.57%	-8.58%	+0.01%
Max Drawdown (3Y) Largest decline over 3 years	-15.95%	-15.76%	-0.19%
Max Drawdown (5Y) Largest decline over 5 years	-23.47%	-23.50%	+0.03%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.48%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.10%	-4.24%	-0.86%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.88%	1.88%	0.00%

Volatility

DTDRX vs. DRILX - Volatility Comparison

Dimensional 2065 Target Date Retirement Income Fund (DTDRX) and Dimensional 2060 Target Date Retirement Income Fund (DRILX) have volatilities of 3.10% and 3.12%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DTDRX	DRILX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.10%	3.12%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	8.68%	8.72%	-0.04%
Volatility (1Y) Calculated over the trailing 1-year period	11.04%	11.07%	-0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.87%	14.84%	+0.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.17%	15.75%	+3.42%

DTDRX vs. DRILX - Expense Ratio Comparison

Both DTDRX and DRILX 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%.

Dividends

DTDRX vs. DRILX - Dividend Comparison

DTDRX's dividend yield for the trailing twelve months is around 1.37%, more than DRILX's 1.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
DRILX Dimensional 2060 Target Date Retirement Income Fund	1.34%	1.47%	2.40%	3.26%	3.97%	2.25%	2.11%	2.12%	2.25%	0.91%	1.96%
DTDRX Dimensional 2065 Target Date Retirement Income Fund	1.37%	1.31%	2.07%	1.94%	2.01%	1.53%	2.55%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DTDRX and DRILX in my portfolio?

With a correlation of 1.00, DTDRX and DRILX 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.

Which is riskier, DTDRX or DRILX?

DRILX has higher volatility (3.12%) compared to DTDRX (3.10%). In terms of maximum drawdown, DTDRX dropped -33.33% vs DRILX's -33.48%.

Which has better risk-adjusted returns?

DRILX currently has the higher Sharpe Ratio (2.87 vs 2.86), 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.