ISWIX vs. DTDRX

Last updated Jun 25, 2026

ISWIX (Voya Solution Income Portfolio) and DTDRX (Dimensional 2065 Target Date Retirement Income Fund) are both Target Retirement Date funds. Over the past 5 years, ISWIX returned 3.57%/yr vs 10.96%/yr for DTDRX. Their correlation of 0.82 suggests significant overlap in exposure. ISWIX charges 0.25%/yr vs 0.22%/yr for DTDRX.

Performance

ISWIX vs. DTDRX - Performance Comparison

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

Returns By Period

In the year-to-date period, ISWIX achieves a 3.91% return, which is significantly lower than DTDRX's 9.68% return.

ISWIX

• 1D: -0.60%
• 1M: 0.17%
• YTD: 3.91%
• 6M: 3.63%
• 1Y: 10.06%
• 3Y*: 9.03%
• 5Y*: 3.57%
• 10Y*: 5.61%

DTDRX

• 1D: -1.65%
• 1M: -0.52%
• YTD: 9.68%
• 6M: 8.62%
• 1Y: 22.62%
• 3Y*: 18.95%
• 5Y*: 10.96%
• 10Y*: —

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

ISWIX vs. DTDRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
ISWIX Voya Solution Income Portfolio	3.91%	11.26%	6.47%	10.89%	-14.74%	6.70%	12.19%	0.00%
DTDRX Dimensional 2065 Target Date Retirement Income Fund	9.68%	19.28%	17.13%	21.29%	-15.25%	20.99%	13.15%	0.00%

Correlation

The correlation between ISWIX and DTDRX is 0.75, 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	0.75
Correlation (3Y) Calculated over the trailing 3-year period	0.76
Correlation (5Y) Calculated over the trailing 5-year period	0.79
Correlation (All Time) Calculated using the full available price history since Dec 31, 2019	0.82

The correlation between ISWIX and DTDRX has been stable across timeframes, ranging from 0.75 to 0.82 - a consistent structural relationship.

Return for Risk

ISWIX vs. DTDRX — Risk / Return Rank

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

ISWIX

ISWIX Risk / Return Rank: 68
ISWIX Sharpe Ratio Rank: 67
ISWIX Sortino Ratio Rank: 73
ISWIX Omega Ratio Rank: 67
ISWIX Calmar Ratio Rank: 63
ISWIX Martin Ratio Rank: 72

DTDRX

DTDRX Risk / Return Rank: 73
DTDRX Sharpe Ratio Rank: 73
DTDRX Sortino Ratio Rank: 70
DTDRX Omega Ratio Rank: 68
DTDRX Calmar Ratio Rank: 73
DTDRX Martin Ratio Rank: 79

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.

ISWIX vs. DTDRX - Risk-Adjusted Trends Comparison

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

	ISWIX	DTDRX	Difference
Sharpe ratio: Return per unit of total volatility	2.01	2.21	-0.21
Sortino ratio: Return per unit of downside risk	3.01	3.06	-0.05
Omega ratio: Gain probability vs. loss probability	1.38	1.40	-0.02
Calmar ratio: Return relative to maximum drawdown	2.67	3.06	-0.39
Martin ratio: Return relative to average drawdown	11.75	13.13	-1.38

ISWIX vs. DTDRX - Sharpe Ratio Comparison

The current ISWIX Sharpe Ratio is 2.01, which is comparable to the DTDRX Sharpe Ratio of 2.21. The chart below compares the historical Sharpe Ratios of ISWIX and DTDRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ISWIX vs. DTDRX - Drawdown Comparison

The maximum ISWIX drawdown since its inception was -27.14%, smaller than the maximum DTDRX drawdown of -33.33%. Use the drawdown chart below to compare losses from any high point for ISWIX and DTDRX.

Drawdown Indicators

	ISWIX	DTDRX	Difference
Max Drawdown Largest peak-to-trough decline	-27.14%	-33.33%	+6.19%
Max Drawdown (1Y) Largest decline over 1 year	-4.42%	-8.57%	+4.15%
Max Drawdown (3Y) Largest decline over 3 years	-6.47%	-15.95%	+9.48%
Max Drawdown (5Y) Largest decline over 5 years	-18.78%	-23.47%	+4.69%
Max Drawdown (10Y) Largest decline over 10 years	-18.78%	—	—
Current Drawdown Current decline from peak	-1.10%	-2.41%	+1.31%
Average Drawdown Average peak-to-trough decline	-3.02%	-5.06%	+2.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	1.93%	-0.96%

Volatility

ISWIX vs. DTDRX - Volatility Comparison

The current volatility for Voya Solution Income Portfolio (ISWIX) is 2.32%, while Dimensional 2065 Target Date Retirement Income Fund (DTDRX) has a volatility of 4.81%. This indicates that ISWIX experiences smaller price fluctuations and is considered to be less risky than DTDRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ISWIX	DTDRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.32%	4.81%	-2.49%
Volatility (6M) Calculated over the trailing 6-month period	4.80%	9.66%	-4.86%
Volatility (1Y) Calculated over the trailing 1-year period	5.90%	11.86%	-5.96%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.03%	14.98%	-7.95%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.58%	19.17%	-12.59%

ISWIX vs. DTDRX - Expense Ratio Comparison

ISWIX has a 0.25% expense ratio, which is higher than DTDRX's 0.22% 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

ISWIX vs. DTDRX - Dividend Comparison

ISWIX's dividend yield for the trailing twelve months is around 3.71%, more than DTDRX's 1.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DTDRX Dimensional 2065 Target Date Retirement Income Fund	1.40%	1.31%	2.07%	1.94%	2.01%	1.53%	2.55%	0.00%	0.00%	0.00%	0.00%	0.00%
ISWIX Voya Solution Income Portfolio	3.71%	3.85%	2.99%	4.17%	17.41%	6.86%	2.76%	5.10%	5.54%	2.79%	2.38%	6.99%

Frequently Asked Questions

Can I hold both ISWIX and DTDRX in my portfolio?

ISWIX and DTDRX have a correlation of 0.75, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ISWIX or DTDRX?

DTDRX has higher volatility (4.81%) compared to ISWIX (2.32%). In terms of maximum drawdown, ISWIX dropped -27.14% vs DTDRX's -33.33%.

Which has better risk-adjusted returns?

DTDRX currently has the higher Sharpe Ratio (2.21 vs 2.01), 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.