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ITDC vs. IEI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

ITDC vs. IEI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lifepath Target Date 2035 ETF (ITDC) and iShares 3-7 Year Treasury Bond ETF (IEI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, ITDC achieves a 7.85% return, which is significantly higher than IEI's -0.42% return.


ITDC

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

IEI

1D
-0.13%
1M
-0.17%
YTD
-0.42%
6M
-0.49%
1Y
3.28%
3Y*
3.52%
5Y*
0.23%
10Y*
1.28%
*Multi-year figures are annualized to reflect compound growth (CAGR)

ITDC vs. IEI - Yearly Performance Comparison


2026 (YTD)202520242023
ITDC
Ishares Lifepath Target Date 2035 ETF
7.85%16.10%11.41%12.40%
IEI
iShares 3-7 Year Treasury Bond ETF
-0.42%6.96%1.81%5.72%

Correlation

The correlation between ITDC and IEI is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.37

Correlation (All Time)
Calculated using the full available price history since Oct 20, 2023

0.32

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Return for Risk

ITDC vs. IEI — Risk / Return Rank

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

ITDC
ITDC Risk / Return Rank: 6868
Overall Rank
ITDC Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
ITDC Sortino Ratio Rank: 7070
Sortino Ratio Rank
ITDC Omega Ratio Rank: 7171
Omega Ratio Rank
ITDC Calmar Ratio Rank: 6060
Calmar Ratio Rank
ITDC Martin Ratio Rank: 7070
Martin Ratio Rank

IEI
IEI Risk / Return Rank: 2828
Overall Rank
IEI Sharpe Ratio Rank: 2929
Sharpe Ratio Rank
IEI Sortino Ratio Rank: 3030
Sortino Ratio Rank
IEI Omega Ratio Rank: 2727
Omega Ratio Rank
IEI Calmar Ratio Rank: 2727
Calmar Ratio Rank
IEI Martin Ratio Rank: 2727
Martin Ratio Rank
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. IEI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2035 ETF (ITDC) and iShares 3-7 Year Treasury Bond ETF (IEI). 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.


ITDCIEIDifference
Sharpe ratioReturn per unit of total volatility

+1.20

Sortino ratioReturn per unit of downside risk

+1.60

Omega ratioGain probability vs. loss probability

1.43

1.19

+0.24

Calmar ratioReturn relative to maximum drawdown

2.96

1.32

+1.64

Martin ratioReturn relative to average drawdown

13.15

3.96

+9.19

ITDC vs. IEI - Sharpe Ratio Comparison

The current ITDC Sharpe Ratio is 2.28, which is higher than the IEI Sharpe Ratio of 1.09. The chart below compares the historical Sharpe Ratios of ITDC and IEI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


ITDCIEIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.28

1.09

+1.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.33

Sharpe Ratio (All Time)

Calculated using the full available price history

1.88

0.70

+1.18

Drawdowns

ITDC vs. IEI - Drawdown Comparison

The maximum ITDC drawdown since its inception was -10.39%, smaller than the maximum IEI drawdown of -14.60%. Use the drawdown chart below to compare losses from any high point for ITDC and IEI.


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Drawdown Indicators


ITDCIEIDifference

Max Drawdown

Largest peak-to-trough decline

-10.39%

-14.60%

+4.21%

Max Drawdown (1Y)

Largest decline over 1 year

-6.63%

-2.50%

-4.13%

Max Drawdown (3Y)

Largest decline over 3 years

-3.66%

Max Drawdown (5Y)

Largest decline over 5 years

-13.88%

Max Drawdown (10Y)

Largest decline over 10 years

-14.60%

Current Drawdown

Current decline from peak

-0.50%

-1.85%

+1.35%

Average Drawdown

Average peak-to-trough decline

-1.08%

-2.67%

+1.59%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.49%

0.83%

+0.66%

Volatility

ITDC vs. IEI - Volatility Comparison

Ishares Lifepath Target Date 2035 ETF (ITDC) has a higher volatility of 2.82% compared to iShares 3-7 Year Treasury Bond ETF (IEI) at 0.91%. This indicates that ITDC's price experiences larger fluctuations and is considered to be riskier than IEI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


ITDCIEIDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.82%

0.91%

+1.91%

Volatility (6M)

Calculated over the trailing 6-month period

6.92%

2.13%

+4.79%

Volatility (1Y)

Calculated over the trailing 1-year period

8.58%

3.04%

+5.54%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.05%

4.77%

+5.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.05%

3.93%

+6.12%

ITDC vs. IEI - Expense Ratio Comparison

ITDC has a 0.10% expense ratio, which is lower than IEI's 0.15% 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. IEI - Dividend Comparison

ITDC's dividend yield for the trailing twelve months is around 1.88%, less than IEI's 3.64% yield.


PositionTTM20252024202320222021202020192018201720162015
IEI
iShares 3-7 Year Treasury Bond ETF
3.64%3.48%3.18%2.36%1.37%0.73%1.12%2.01%1.95%1.51%1.33%1.39%
ITDC
Ishares Lifepath Target Date 2035 ETF
1.88%2.02%1.93%0.84%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


ITDC and IEI have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ITDC has higher volatility (2.82%) compared to IEI (0.91%). In terms of maximum drawdown, ITDC dropped -10.39% vs IEI's -14.60%.

On 1-year performance, ITDC leads with 19.52% vs 3.28% for IEI. On fees, ITDC is cheaper at 0.10% per year. On volatility, IEI has been the lower-risk option at 0.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, ITDC has performed better with a 19.52% return vs 3.28%. 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 0.15% for IEI.

IEI has the higher dividend yield at 3.64%, compared with 1.88% for ITDC.

ITDC is categorized as Target Retirement Date, while IEI is Government Bonds. Their fees differ too: 0.10% for ITDC and 0.15% for IEI.

ITDC currently has the higher Sharpe Ratio (2.28 vs 1.09), 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.

Portfolio Optimizer

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