ITDC vs. AVGV

Last updated Jun 4, 2026

ITDC (Ishares Lifepath Target Date 2035 ETF) and AVGV (Avantis ALL Equity Markets Value ETF) are both exchange-traded funds - ITDC is a Target Retirement Date fund actively managed by iShares, while AVGV is a Global Equities fund actively managed by Avantis. Both are actively managed. Over the past year, ITDC returned 19.52% vs 36.52% for AVGV. Their correlation of 0.87 suggests significant overlap in exposure. ITDC charges 0.10%/yr vs 0.26%/yr for AVGV.

Performance

ITDC vs. AVGV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lifepath Target Date 2035 ETF (ITDC) and Avantis ALL Equity Markets Value ETF (AVGV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITDC achieves a 7.85% return, which is significantly lower than AVGV's 16.99% return.

ITDC

• 1D: -0.50%
• 1M: 3.02%
• YTD: 7.85%
• 6M: 8.24%
• 1Y: 19.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVGV

• 1D: -0.48%
• 1M: 4.06%
• YTD: 16.99%
• 6M: 18.62%
• 1Y: 36.52%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ITDC vs. AVGV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ITDC Ishares Lifepath Target Date 2035 ETF	7.85%	16.10%	11.41%	12.40%
AVGV Avantis ALL Equity Markets Value ETF	16.99%	22.57%	11.26%	13.21%

Correlation

The correlation between ITDC and AVGV is 0.88, 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	0.88
Correlation (All Time) Calculated using the full available price history since Oct 20, 2023	0.87

The correlation between ITDC and AVGV has been stable across timeframes, ranging from 0.87 to 0.88 - a consistent structural relationship.

ITDC vs. AVGV - Sectors Allocation Comparison

Sectors	ITDC	AVGV
Technology	26.1%	10.5%
Financial Services	15.0%	21.6%
Industrials	12.1%	16.1%
Consumer Cyclical	8.8%	14.5%
Communication Services	7.7%	4.9%
Healthcare	7.6%	4.5%
Real Estate	5.9%	0.8%
Energy	4.6%	13.6%
Consumer Defensive	4.5%	5.5%
Basic Materials	3.9%	7.3%
Utilities	3.7%	0.7%

Return for Risk

ITDC vs. AVGV — Risk / Return Rank

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

ITDC

ITDC Risk / Return Rank: 68
ITDC Sharpe Ratio Rank: 69
ITDC Sortino Ratio Rank: 70
ITDC Omega Ratio Rank: 71
ITDC Calmar Ratio Rank: 60
ITDC Martin Ratio Rank: 70

AVGV

AVGV Risk / Return Rank: 84
AVGV Sharpe Ratio Rank: 85
AVGV Sortino Ratio Rank: 86
AVGV Omega Ratio Rank: 82
AVGV Calmar Ratio Rank: 83
AVGV Martin Ratio Rank: 84

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.

ITDC vs. AVGV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2035 ETF (ITDC) and Avantis ALL Equity Markets Value ETF (AVGV). 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.

	ITDC	AVGV	Difference
Sharpe ratio: Return per unit of total volatility	2.28	2.84	-0.55
Sortino ratio: Return per unit of downside risk	3.24	3.93	-0.69
Omega ratio: Gain probability vs. loss probability	1.43	1.51	-0.08
Calmar ratio: Return relative to maximum drawdown	2.96	4.52	-1.56
Martin ratio: Return relative to average drawdown	13.15	17.72	-4.57
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITDC vs. AVGV - Sharpe Ratio Comparison

The current ITDC Sharpe Ratio is 2.28, which is comparable to the AVGV Sharpe Ratio of 2.84. The chart below compares the historical Sharpe Ratios of ITDC and AVGV, 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

	ITDC	AVGV	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	2.84	-0.55
Sharpe Ratio (All Time) Calculated using the full available price history	1.88	1.46	+0.42

Drawdowns

ITDC vs. AVGV - Drawdown Comparison

The maximum ITDC drawdown since its inception was -10.39%, smaller than the maximum AVGV drawdown of -17.03%. Use the drawdown chart below to compare losses from any high point for ITDC and AVGV.

Drawdown Indicators

	ITDC	AVGV	Difference
Max Drawdown Largest peak-to-trough decline	-10.39%	-17.03%	+6.64%
Max Drawdown (1Y) Largest decline over 1 year	-6.63%	-8.12%	+1.49%
Current Drawdown Current decline from peak	-0.50%	-0.48%	-0.02%
Average Drawdown Average peak-to-trough decline	-1.08%	-2.30%	+1.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.49%	2.07%	-0.58%

Volatility

ITDC vs. AVGV - Volatility Comparison

The current volatility for Ishares Lifepath Target Date 2035 ETF (ITDC) is 2.82%, while Avantis ALL Equity Markets Value ETF (AVGV) has a volatility of 3.66%. This indicates that ITDC experiences smaller price fluctuations and is considered to be less risky than AVGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITDC	AVGV	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.82%	3.66%	-0.84%
Volatility (6M) Calculated over the trailing 6-month period	6.92%	9.86%	-2.94%
Volatility (1Y) Calculated over the trailing 1-year period	8.58%	12.94%	-4.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.05%	14.97%	-4.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.05%	14.97%	-4.92%

ITDC vs. AVGV - Expense Ratio Comparison

ITDC has a 0.10% expense ratio, which is lower than AVGV's 0.26% 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

ITDC vs. AVGV - Dividend Comparison

ITDC's dividend yield for the trailing twelve months is around 1.88%, which matches AVGV's 1.89% yield.

Position	TTM	2025	2024	2023
AVGV Avantis ALL Equity Markets Value ETF	1.89%	1.98%	2.32%	1.14%
ITDC Ishares Lifepath Target Date 2035 ETF	1.88%	2.02%	1.93%	0.84%

Frequently Asked Questions

Can I hold both ITDC and AVGV in my portfolio?

ITDC and AVGV have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ITDC or AVGV?

AVGV has higher volatility (3.66%) compared to ITDC (2.82%). In terms of maximum drawdown, ITDC dropped -10.39% vs AVGV's -17.03%.

Which ETF is better, ITDC or AVGV?

On 1-year performance, AVGV leads with 36.52% vs 19.52% for ITDC. On fees, ITDC is cheaper at 0.10% per year. On volatility, ITDC has been the lower-risk option at 2.82%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITDC or AVGV?

Over the 1-year period, AVGV has performed better with a 36.52% return vs 19.52%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITDC or AVGV?

ITDC is cheaper with a 0.10% expense ratio, compared with 0.26% for AVGV.

Which ETF pays a higher dividend yield, ITDC or AVGV?

ITDC and AVGV have nearly identical dividend yields, around 1.88%.

What is the main difference between ITDC and AVGV?

ITDC is categorized as Target Retirement Date, while AVGV is Global Equities. They also come from different issuers: iShares and Avantis. Their fees differ too: 0.10% for ITDC and 0.26% for AVGV.

Which has better risk-adjusted returns?

AVGV currently has the higher Sharpe Ratio (2.84 vs 2.28), 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.