IRTR vs. VASIX

Last updated Jun 4, 2026

IRTR (Ishares Lifepath Retirement ETF) and VASIX (Vanguard LifeStrategy Income Fund) are both funds - IRTR is a Target Retirement Date fund actively managed by iShares, while VASIX is a Diversified Portfolio fund managed by Vanguard. Over the past year, IRTR returned 14.08% vs 9.53% for VASIX. Their correlation of 0.91 suggests significant overlap in exposure. IRTR charges 0.08%/yr vs 0.11%/yr for VASIX.

Performance

IRTR vs. VASIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lifepath Retirement ETF (IRTR) and Vanguard LifeStrategy Income Fund (VASIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IRTR achieves a 5.14% return, which is significantly higher than VASIX's 3.14% return.

IRTR

• 1D: -0.41%
• 1M: 2.07%
• YTD: 5.14%
• 6M: 5.38%
• 1Y: 14.08%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VASIX

• 1D: 0.12%
• 1M: 1.70%
• YTD: 3.14%
• 6M: 3.21%
• 1Y: 9.53%
• 3Y*: 8.20%
• 5Y*: 2.94%
• 10Y*: 4.08%

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

IRTR vs. VASIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
IRTR Ishares Lifepath Retirement ETF	5.14%	12.70%	7.59%	10.63%
VASIX Vanguard LifeStrategy Income Fund	3.14%	9.42%	6.67%	9.49%

Correlation

The correlation between IRTR and VASIX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (All Time) Calculated using the full available price history since Oct 20, 2023	0.91

The correlation between IRTR and VASIX has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

IRTR vs. VASIX - Sectors Allocation Comparison

Sectors	IRTR	VASIX
Technology	26.8%	27.3%
Financial Services	15.0%	16.1%
Industrials	12.6%	12.4%
Consumer Cyclical	9.0%	9.4%
Communication Services	8.0%	8.0%
Healthcare	7.7%	8.3%
Energy	4.9%	4.3%
Consumer Defensive	4.6%	4.8%
Utilities	4.3%	2.7%
Basic Materials	3.8%	4.3%
Real Estate	3.5%	2.5%

Return for Risk

IRTR vs. VASIX — Risk / Return Rank

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

IRTR

IRTR Risk / Return Rank: 69
IRTR Sharpe Ratio Rank: 71
IRTR Sortino Ratio Rank: 75
IRTR Omega Ratio Rank: 75
IRTR Calmar Ratio Rank: 58
IRTR Martin Ratio Rank: 69

VASIX

VASIX Risk / Return Rank: 53
VASIX Sharpe Ratio Rank: 55
VASIX Sortino Ratio Rank: 56
VASIX Omega Ratio Rank: 60
VASIX Calmar Ratio Rank: 42
VASIX Martin Ratio Rank: 51

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.

IRTR vs. VASIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Retirement ETF (IRTR) and Vanguard LifeStrategy Income Fund (VASIX). 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.

	IRTR	VASIX	Difference
Sharpe ratio: Return per unit of total volatility	2.36	2.18	+0.18
Sortino ratio: Return per unit of downside risk	3.43	3.17	+0.26
Omega ratio: Gain probability vs. loss probability	1.45	1.43	+0.02
Calmar ratio: Return relative to maximum drawdown	2.94	2.47	+0.46
Martin ratio: Return relative to average drawdown	12.92	10.32	+2.60
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IRTR vs. VASIX - Sharpe Ratio Comparison

The current IRTR Sharpe Ratio is 2.36, which is comparable to the VASIX Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of IRTR and VASIX, 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

	IRTR	VASIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.36	2.18	+0.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.51	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.83	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.01	1.12	+0.88

Drawdowns

IRTR vs. VASIX - Drawdown Comparison

The maximum IRTR drawdown since its inception was -6.29%, smaller than the maximum VASIX drawdown of -18.17%. Use the drawdown chart below to compare losses from any high point for IRTR and VASIX.

Drawdown Indicators

	IRTR	VASIX	Difference
Max Drawdown Largest peak-to-trough decline	-6.29%	-18.17%	+11.88%
Max Drawdown (1Y) Largest decline over 1 year	-4.82%	-3.90%	-0.92%
Max Drawdown (3Y) Largest decline over 3 years	—	-5.58%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.17%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-18.17%	—
Current Drawdown Current decline from peak	-0.41%	0.00%	-0.41%
Average Drawdown Average peak-to-trough decline	-0.78%	-1.92%	+1.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.09%	0.93%	+0.16%

Volatility

IRTR vs. VASIX - Volatility Comparison

Ishares Lifepath Retirement ETF (IRTR) has a higher volatility of 2.15% compared to Vanguard LifeStrategy Income Fund (VASIX) at 1.71%. This indicates that IRTR's price experiences larger fluctuations and is considered to be riskier than VASIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IRTR	VASIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.15%	1.71%	+0.44%
Volatility (6M) Calculated over the trailing 6-month period	4.85%	3.65%	+1.20%
Volatility (1Y) Calculated over the trailing 1-year period	6.00%	4.42%	+1.58%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.04%	5.75%	+1.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	7.04%	4.92%	+2.12%

IRTR vs. VASIX - Expense Ratio Comparison

IRTR has a 0.08% expense ratio, which is lower than VASIX's 0.11% 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

IRTR vs. VASIX - Dividend Comparison

IRTR's dividend yield for the trailing twelve months is around 2.99%, less than VASIX's 4.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IRTR Ishares Lifepath Retirement ETF	2.99%	3.03%	3.03%	0.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VASIX Vanguard LifeStrategy Income Fund	4.11%	4.18%	7.61%	3.17%	2.02%	3.95%	2.15%	2.73%	3.55%	1.52%	2.26%	2.57%

Frequently Asked Questions

Can I hold both IRTR and VASIX in my portfolio?

With a correlation of 0.93, IRTR and VASIX 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, IRTR or VASIX?

IRTR has higher volatility (2.15%) compared to VASIX (1.71%). In terms of maximum drawdown, IRTR dropped -6.29% vs VASIX's -18.17%.

Which has better risk-adjusted returns?

IRTR currently has the higher Sharpe Ratio (2.36 vs 2.18), 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.