ITDB vs. TRRCX

Last updated Jul 14, 2026

ITDB (Ishares Lifepath Target Date 2030 ETF) and TRRCX (T. Rowe Price Retirement 2030 Fund) are both Target Retirement Date funds. Over the past year, ITDB returned 13.16% vs 8.97% for TRRCX. Their correlation of 0.92 suggests significant overlap in exposure. ITDB charges 0.09%/yr vs 0.55%/yr for TRRCX.

Performance

ITDB vs. TRRCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lifepath Target Date 2030 ETF (ITDB) and T. Rowe Price Retirement 2030 Fund (TRRCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITDB achieves a 5.77% return, which is significantly lower than TRRCX's 7.75% return.

ITDB

• 1D: -0.69%
• 1M: -0.16%
• 6M: 4.23%
• YTD: 5.77%
• 1Y: 13.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TRRCX

• 1D: 0.20%
• 1M: 0.78%
• 6M: 5.50%
• YTD: 7.75%
• 1Y: 8.97%
• 3Y*: 11.18%
• 5Y*: 5.12%
• 10Y*: 8.61%

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

ITDB vs. TRRCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ITDB Ishares Lifepath Target Date 2030 ETF	5.77%	14.58%	9.65%	11.73%
TRRCX T. Rowe Price Retirement 2030 Fund	7.75%	8.23%	10.73%	10.02%

Correlation

The correlation between ITDB and TRRCX 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 19, 2023	0.92

The correlation between ITDB and TRRCX has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

Return for Risk

ITDB vs. TRRCX — Risk / Return Rank

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

ITDB

ITDB Risk / Return Rank: 66
ITDB Sharpe Ratio Rank: 67
ITDB Sortino Ratio Rank: 68
ITDB Omega Ratio Rank: 69
ITDB Calmar Ratio Rank: 59
ITDB Martin Ratio Rank: 70

TRRCX

TRRCX Risk / Return Rank: 18
TRRCX Sharpe Ratio Rank: 17
TRRCX Sortino Ratio Rank: 15
TRRCX Omega Ratio Rank: 21
TRRCX Calmar Ratio Rank: 18
TRRCX Martin Ratio Rank: 20

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.

ITDB vs. TRRCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2030 ETF (ITDB) and T. Rowe Price Retirement 2030 Fund (TRRCX). 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.

	ITDB	TRRCX	Difference
Sharpe ratio: Return per unit of total volatility	1.74	0.88	+0.86
Sortino ratio: Return per unit of downside risk	2.47	1.19	+1.28
Omega ratio: Gain probability vs. loss probability	1.32	1.18	+0.14
Calmar ratio: Return relative to maximum drawdown	2.33	1.11	+1.22
Martin ratio: Return relative to average drawdown	10.02	3.66	+6.36

ITDB vs. TRRCX - Sharpe Ratio Comparison

The current ITDB Sharpe Ratio is 1.74, which is higher than the TRRCX Sharpe Ratio of 0.88. The chart below compares the historical Sharpe Ratios of ITDB and TRRCX, 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

ITDB vs. TRRCX - Drawdown Comparison

The maximum ITDB drawdown since its inception was -8.41%, smaller than the maximum TRRCX drawdown of -52.28%. Use the drawdown chart below to compare losses from any high point for ITDB and TRRCX.

Drawdown Indicators

	ITDB	TRRCX	Difference
Max Drawdown Largest peak-to-trough decline	-8.41%	-52.28%	+43.87%
Max Drawdown (1Y) Largest decline over 1 year	-5.66%	-7.93%	+2.27%
Max Drawdown (3Y) Largest decline over 3 years	—	-10.46%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.07%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.55%	—
Current Drawdown Current decline from peak	-1.00%	-0.33%	-0.67%
Average Drawdown Average peak-to-trough decline	-0.93%	-6.05%	+5.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.32%	2.38%	-1.06%

Volatility

ITDB vs. TRRCX - Volatility Comparison

The current volatility for Ishares Lifepath Target Date 2030 ETF (ITDB) is 2.49%, while T. Rowe Price Retirement 2030 Fund (TRRCX) has a volatility of 2.99%. This indicates that ITDB experiences smaller price fluctuations and is considered to be less risky than TRRCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITDB	TRRCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.49%	2.99%	-0.50%
Volatility (6M) Calculated over the trailing 6-month period	6.47%	7.47%	-1.00%
Volatility (1Y) Calculated over the trailing 1-year period	7.61%	10.02%	-2.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	8.63%	11.41%	-2.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.63%	12.15%	-3.52%

ITDB vs. TRRCX - Expense Ratio Comparison

ITDB has a 0.09% expense ratio, which is lower than TRRCX's 0.55% expense ratio.

Dividends

ITDB vs. TRRCX - Dividend Comparison

ITDB's dividend yield for the trailing twelve months is around 1.94%, while TRRCX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ITDB Ishares Lifepath Target Date 2030 ETF	1.94%	2.05%	1.96%	0.62%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TRRCX T. Rowe Price Retirement 2030 Fund	0.00%	0.00%	3.38%	6.16%	12.05%	9.43%	5.45%	5.44%	8.83%	3.82%	2.66%	3.76%

Frequently Asked Questions

Can I hold both ITDB and TRRCX in my portfolio?

With a correlation of 0.93, ITDB and TRRCX 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, ITDB or TRRCX?

TRRCX has higher volatility (2.99%) compared to ITDB (2.49%). In terms of maximum drawdown, ITDB dropped -8.41% vs TRRCX's -52.28%.

Which has better risk-adjusted returns?

ITDB currently has the higher Sharpe Ratio (1.74 vs 0.88), 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.