ITDC vs. DBO
ITDC (Ishares Lifepath Target Date 2035 ETF) and DBO (Invesco DB Oil Fund) are both exchange-traded funds - ITDC is a Target Retirement Date fund actively managed by iShares, while DBO is a Oil & Gas fund tracking the DBIQ Optimum Yield Crude Oil Index Excess Return. ITDC is actively managed, while DBO is passively managed. Over the past year, ITDC returned 16.23% vs 51.44% for DBO. Their -0.10 correlation means they have often moved in opposite directions in the past. ITDC charges 0.10%/yr vs 0.78%/yr for DBO.
Performance
ITDC vs. DBO - Performance Comparison
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Returns By Period
In the year-to-date period, ITDC achieves a 8.02% return, which is significantly lower than DBO's 66.72% return.
ITDC
- 1D
- 0.70%
- 1M
- 0.30%
- 6M
- 5.48%
- YTD
- 8.02%
- 1Y
- 16.23%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.56%
DBO
- 1D
- -5.53%
- 1M
- 17.71%
- 6M
- 53.16%
- YTD
- 66.72%
- 1Y
- 51.44%
- 3Y*
- 12.33%
- 5Y*
- 13.64%
- 10Y*
- 11.43%
- ALL TIME*
- 0.22%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $11.34M | $10.71M | $13.49M | |
| $538.48K | $583.89K | $735.82K |
ITDC vs. DBO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ITDC Ishares Lifepath Target Date 2035 ETF | 8.02% | 16.10% | 11.41% | 12.40% |
DBO Invesco DB Oil Fund | 66.72% | -11.71% | 7.85% | -17.28% |
Correlation
The correlation between ITDC and DBO is -0.30, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.30 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023 | -0.10 |
Over the past year, the inverse relationship between ITDC and DBO has strengthened: their correlation has moved from -0.10 to -0.30, meaning they now move in opposite directions more often than their long-term average.
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Return for Risk
ITDC vs. DBO — Risk / Return Rank
ITDC
DBO
ITDC vs. DBO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2035 ETF (ITDC) and Invesco DB Oil Fund (DBO). 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.
| ITDC | DBO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.43 | ||
| Sortino ratioReturn per unit of downside risk | +0.57 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.23 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.46 | 1.86 | +0.59 |
| Martin ratioReturn relative to average drawdown | 10.46 | 5.64 | +4.82 |
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Drawdowns
ITDC vs. DBO - Drawdown Comparison
The maximum ITDC drawdown since its inception was -10.39%, smaller than the maximum DBO drawdown of -90.18%. Use the drawdown chart below to compare losses from any high point for ITDC and DBO.
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Drawdown Indicators
| ITDC | DBO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.39% | -90.18% | +79.79% |
Max Drawdown (1Y)Largest decline over 1 year | -6.63% | -27.73% | +21.10% |
Max Drawdown (3Y)Largest decline over 3 years | — | -28.20% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -37.68% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -61.69% | — |
Current DrawdownCurrent decline from peak | -0.37% | -56.13% | +55.76% |
Average DrawdownAverage peak-to-trough decline | -1.07% | -62.20% | +61.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.55% | 9.16% | -7.61% |
Volatility
ITDC vs. DBO - Volatility Comparison
The current volatility for Ishares Lifepath Target Date 2035 ETF (ITDC) is 2.69%, while Invesco DB Oil Fund (DBO) has a volatility of 18.99%. This indicates that ITDC experiences smaller price fluctuations and is considered to be less risky than DBO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ITDC | DBO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.69% | 18.99% | -16.30% |
Volatility (6M)Calculated over the trailing 6-month period | 7.72% | 34.30% | -26.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.24% | 38.86% | -29.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.08% | 33.43% | -23.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.08% | 32.24% | -22.16% |
ITDC vs. DBO - Expense Ratio Comparison
ITDC has a 0.10% expense ratio, which is lower than DBO's 0.78% expense ratio.
Dividends
ITDC vs. DBO - Dividend Comparison
ITDC's dividend yield for the trailing twelve months is around 1.87%, less than DBO's 2.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DBO Invesco DB Oil Fund | 2.11% | 3.51% | 4.68% | 4.59% | 0.66% | 0.00% | 0.00% | 1.63% | 1.58% |
ITDC Ishares Lifepath Target Date 2035 ETF | 1.87% | 2.02% | 1.93% | 0.84% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ITDC and DBO have a correlation of -0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DBO has higher volatility (18.99%) compared to ITDC (2.69%). In terms of maximum drawdown, ITDC dropped -10.39% vs DBO's -90.18%.
On 1-year performance, DBO leads with 51.44% vs 16.23% for ITDC. On fees, ITDC is cheaper at 0.10% per year. On volatility, ITDC has been the lower-risk option at 2.69%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DBO has performed better with a 51.44% return vs 16.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ITDC is cheaper with a 0.10% expense ratio, compared with 0.78% for DBO.
DBO has the higher dividend yield at 2.11%, compared with 1.87% for ITDC.
ITDC is categorized as Target Retirement Date, while DBO is Oil & Gas. They also come from different issuers: iShares and Invesco. Their fees differ too: 0.10% for ITDC and 0.78% for DBO.
ITDC currently has the higher Sharpe Ratio (1.77 vs 1.33), 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.
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