Correlation
The correlation between IRSOX and SCHD is 0.84, 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.
IRSOX vs. SCHD
Compare and contrast key facts about Voya Target Retirement 2040 Fund (IRSOX) and Schwab US Dividend Equity ETF (SCHD).
IRSOX is managed by Voya. It was launched on Dec 19, 2012. SCHD is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Dividend 100 Index. It was launched on Oct 20, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IRSOX or SCHD.
Performance
IRSOX vs. SCHD - Performance Comparison
Loading data...
Key characteristics
IRSOX:
0.79
SCHD:
0.35
IRSOX:
1.10
SCHD:
0.56
IRSOX:
1.16
SCHD:
1.07
IRSOX:
0.63
SCHD:
0.33
IRSOX:
3.37
SCHD:
0.99
IRSOX:
3.16%
SCHD:
5.36%
IRSOX:
14.87%
SCHD:
16.40%
IRSOX:
-34.84%
SCHD:
-33.37%
IRSOX:
-3.69%
SCHD:
-9.75%
Returns By Period
In the year-to-date period, IRSOX achieves a 4.35% return, which is significantly higher than SCHD's -3.35% return. Over the past 10 years, IRSOX has underperformed SCHD with an annualized return of 4.96%, while SCHD has yielded a comparatively higher 10.58% annualized return.
IRSOX
4.35%
4.42%
1.31%
10.89%
8.38%
6.98%
4.96%
SCHD
-3.35%
1.79%
-9.75%
3.76%
3.71%
12.22%
10.58%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IRSOX vs. SCHD - Expense Ratio Comparison
IRSOX has a 0.23% expense ratio, which is higher than SCHD's 0.06% 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%.
Risk-Adjusted Performance
IRSOX vs. SCHD — Risk-Adjusted Performance Rank
IRSOX
SCHD
IRSOX vs. SCHD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Target Retirement 2040 Fund (IRSOX) and Schwab US Dividend Equity ETF (SCHD). 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.
Loading data...
Dividends
IRSOX vs. SCHD - Dividend Comparison
IRSOX's dividend yield for the trailing twelve months is around 2.15%, less than SCHD's 3.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IRSOX Voya Target Retirement 2040 Fund | 2.15% | 2.25% | 2.13% | 6.01% | 17.52% | 3.71% | 4.14% | 5.84% | 5.86% | 1.98% | 0.41% | 14.37% |
SCHD Schwab US Dividend Equity ETF | 3.97% | 3.64% | 3.49% | 3.39% | 2.78% | 3.16% | 2.98% | 3.06% | 2.63% | 2.89% | 2.97% | 2.63% |
Drawdowns
IRSOX vs. SCHD - Drawdown Comparison
The maximum IRSOX drawdown since its inception was -34.84%, roughly equal to the maximum SCHD drawdown of -33.37%. Use the drawdown chart below to compare losses from any high point for IRSOX and SCHD.
Loading data...
Volatility
IRSOX vs. SCHD - Volatility Comparison
The current volatility for Voya Target Retirement 2040 Fund (IRSOX) is 3.32%, while Schwab US Dividend Equity ETF (SCHD) has a volatility of 4.90%. This indicates that IRSOX experiences smaller price fluctuations and is considered to be less risky than SCHD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...