IDXLX vs. DRILX

Last updated Jun 6, 2026

IDXLX (Voya Index Solution 2040 Portfolio) and DRILX (Dimensional 2060 Target Date Retirement Income Fund) are both Target Retirement Date funds. Over the past 10 years, IDXLX returned 10.84%/yr vs 12.59%/yr for DRILX. With a 0.95 correlation, they move nearly in lockstep. IDXLX charges 0.20%/yr vs 0.22%/yr for DRILX.

Performance

IDXLX vs. DRILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Index Solution 2040 Portfolio (IDXLX) and Dimensional 2060 Target Date Retirement Income Fund (DRILX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IDXLX achieves a 9.77% return, which is significantly lower than DRILX's 12.04% return. Over the past 10 years, IDXLX has underperformed DRILX with an annualized return of 10.84%, while DRILX has yielded a comparatively higher 12.59% annualized return.

IDXLX

• 1D: 0.00%
• 1M: 1.42%
• YTD: 9.77%
• 6M: 10.27%
• 1Y: 23.86%
• 3Y*: 17.59%
• 5Y*: 8.74%
• 10Y*: 10.84%

DRILX

• 1D: 0.35%
• 1M: 2.14%
• YTD: 12.04%
• 6M: 12.48%
• 1Y: 27.87%
• 3Y*: 20.45%
• 5Y*: 11.49%
• 10Y*: 12.59%

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

IDXLX vs. DRILX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IDXLX Voya Index Solution 2040 Portfolio	9.77%	18.90%	13.55%	18.84%	-17.96%	16.62%	15.65%	23.77%	-7.52%	19.68%
DRILX Dimensional 2060 Target Date Retirement Income Fund	12.04%	19.66%	17.10%	21.37%	-15.28%	21.08%	14.10%	25.61%	-9.07%	21.51%

Correlation

The correlation between IDXLX and DRILX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016	0.95

The correlation between IDXLX and DRILX shifts across timeframes, from 0.79 (1 year) to 0.95 (all time), reflecting how their relationship changes across market environments.

Return for Risk

IDXLX vs. DRILX — Risk / Return Rank

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

IDXLX

IDXLX Risk / Return Rank: 74
IDXLX Sharpe Ratio Rank: 73
IDXLX Sortino Ratio Rank: 75
IDXLX Omega Ratio Rank: 68
IDXLX Calmar Ratio Rank: 70
IDXLX Martin Ratio Rank: 82

DRILX

DRILX Risk / Return Rank: 83
DRILX Sharpe Ratio Rank: 86
DRILX Sortino Ratio Rank: 83
DRILX Omega Ratio Rank: 78
DRILX Calmar Ratio Rank: 81
DRILX Martin Ratio Rank: 86

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.

IDXLX vs. DRILX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Index Solution 2040 Portfolio (IDXLX) 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.

	IDXLX	DRILX	Difference
Sharpe ratio: Return per unit of total volatility	2.41	2.76	-0.35
Sortino ratio: Return per unit of downside risk	3.53	3.88	-0.35
Omega ratio: Gain probability vs. loss probability	1.44	1.50	-0.06
Calmar ratio: Return relative to maximum drawdown	3.12	3.57	-0.45
Martin ratio: Return relative to average drawdown	14.76	15.63	-0.87
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IDXLX vs. DRILX - Sharpe Ratio Comparison

The current IDXLX Sharpe Ratio is 2.41, which is comparable to the DRILX Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of IDXLX 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

	IDXLX	DRILX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.41	2.76	-0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.79	-0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.74	0.81	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.80	0.81	-0.02

Drawdowns

IDXLX vs. DRILX - Drawdown Comparison

The maximum IDXLX drawdown since its inception was -30.09%, smaller than the maximum DRILX drawdown of -33.48%. Use the drawdown chart below to compare losses from any high point for IDXLX and DRILX.

Drawdown Indicators

	IDXLX	DRILX	Difference
Max Drawdown Largest peak-to-trough decline	-30.09%	-33.48%	+3.39%
Max Drawdown (1Y) Largest decline over 1 year	-8.24%	-8.58%	+0.34%
Max Drawdown (3Y) Largest decline over 3 years	-13.65%	-15.76%	+2.11%
Max Drawdown (5Y) Largest decline over 5 years	-25.08%	-23.50%	-1.58%
Max Drawdown (10Y) Largest decline over 10 years	-30.09%	-33.48%	+3.39%
Current Drawdown Current decline from peak	-0.70%	-0.31%	-0.39%
Average Drawdown Average peak-to-trough decline	-4.09%	-4.23%	+0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.68%	1.88%	-0.20%

Volatility

IDXLX vs. DRILX - Volatility Comparison

Voya Index Solution 2040 Portfolio (IDXLX) and Dimensional 2060 Target Date Retirement Income Fund (DRILX) have volatilities of 3.16% and 3.10%, 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

	IDXLX	DRILX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.16%	3.10%	+0.06%
Volatility (6M) Calculated over the trailing 6-month period	8.63%	8.73%	-0.10%
Volatility (1Y) Calculated over the trailing 1-year period	10.68%	11.09%	-0.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.73%	14.84%	-1.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.73%	15.74%	-1.01%

IDXLX vs. DRILX - Expense Ratio Comparison

IDXLX has a 0.20% expense ratio, which is lower than DRILX's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

IDXLX vs. DRILX - Dividend Comparison

IDXLX's dividend yield for the trailing twelve months is around 1.81%, more than DRILX's 1.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%
IDXLX Voya Index Solution 2040 Portfolio	1.81%	1.99%	0.62%	8.23%	13.44%	4.59%	4.31%	4.56%	3.62%	1.03%	0.17%	5.83%

Frequently Asked Questions

Can I hold both IDXLX and DRILX in my portfolio?

IDXLX and DRILX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDXLX or DRILX?

IDXLX has higher volatility (3.16%) compared to DRILX (3.10%). In terms of maximum drawdown, IDXLX dropped -30.09% vs DRILX's -33.48%.

Which has better risk-adjusted returns?

DRILX currently has the higher Sharpe Ratio (2.76 vs 2.41), 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.