ITDC vs. SWYFX

Last updated Apr 1, 2026

Compare and contrast key facts about Ishares Lifepath Target Date 2035 ETF (ITDC) and Schwab Target 2035 Index Fund (SWYFX).

ITDC is an actively managed fund by iShares. It was launched on Oct 17, 2023. SWYFX is managed by Charles Schwab. It was launched on Aug 24, 2016.

Performance

ITDC vs. SWYFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lifepath Target Date 2035 ETF (ITDC) and Schwab Target 2035 Index Fund (SWYFX). The values are adjusted to include any dividend payments, if applicable.

ITDC vs. SWYFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ITDC Ishares Lifepath Target Date 2035 ETF	-0.62%	16.10%	11.41%	12.40%
SWYFX Schwab Target 2035 Index Fund	-3.00%	16.40%	11.71%	12.58%

Returns By Period

In the year-to-date period, ITDC achieves a -0.62% return, which is significantly higher than SWYFX's -3.00% return.

ITDC

• 1D: 1.90%
• 1M: -4.52%
• YTD: -0.62%
• 6M: 1.48%
• 1Y: 14.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SWYFX

• 1D: -0.05%
• 1M: -6.49%
• YTD: -3.00%
• 6M: -0.70%
• 1Y: 12.85%
• 3Y*: 12.05%
• 5Y*: 6.63%
• 10Y*: —

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

ITDC vs. SWYFX - Expense Ratio Comparison

ITDC has a 0.10% expense ratio, which is higher than SWYFX's 0.04% 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%.

ITDC

Ishares Lifepath Target Date 2035 ETF

SWYFX

Schwab Target 2035 Index Fund

Return for Risk

ITDC vs. SWYFX — Risk / Return Rank

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

ITDC

ITDC Risk / Return Rank: 76
ITDC Sharpe Ratio Rank: 73
ITDC Sortino Ratio Rank: 76
ITDC Omega Ratio Rank: 76
ITDC Calmar Ratio Rank: 73
ITDC Martin Ratio Rank: 80

SWYFX

SWYFX Risk / Return Rank: 64
SWYFX Sharpe Ratio Rank: 63
SWYFX Sortino Ratio Rank: 65
SWYFX Omega Ratio Rank: 64
SWYFX Calmar Ratio Rank: 60
SWYFX Martin Ratio Rank: 69

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. SWYFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2035 ETF (ITDC) and Schwab Target 2035 Index Fund (SWYFX). 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	SWYFX	Difference
Sharpe ratio Return per unit of total volatility	1.29	1.10	+0.19
Sortino ratio Return per unit of downside risk	1.89	1.61	+0.29
Omega ratio Gain probability vs. loss probability	1.28	1.24	+0.04
Calmar ratio Return relative to maximum drawdown	1.85	1.38	+0.47
Martin ratio Return relative to average drawdown	8.46	6.57	+1.89
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. SWYFX - Sharpe Ratio Comparison

The current ITDC Sharpe Ratio is 1.29, which is comparable to the SWYFX Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of ITDC and SWYFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	ITDC	SWYFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.29	1.10	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.56	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.63	0.66	+0.97

Correlation

The correlation between ITDC and SWYFX is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

ITDC vs. SWYFX - Dividend Comparison

ITDC's dividend yield for the trailing twelve months is around 2.04%, less than SWYFX's 2.35% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
ITDC Ishares Lifepath Target Date 2035 ETF	2.04%	2.02%	1.93%	0.84%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SWYFX Schwab Target 2035 Index Fund	2.35%	2.28%	2.37%	2.14%	2.02%	1.80%	1.73%	2.00%	0.00%	1.44%	0.99%

Drawdowns

ITDC vs. SWYFX - Drawdown Comparison

The maximum ITDC drawdown since its inception was -10.39%, smaller than the maximum SWYFX drawdown of -25.51%. Use the drawdown chart below to compare losses from any high point for ITDC and SWYFX.

Drawdown Indicators

	ITDC	SWYFX	Difference
Max Drawdown Largest peak-to-trough decline	-10.39%	-25.51%	+15.12%
Max Drawdown (1Y) Largest decline over 1 year	-8.11%	-8.67%	+0.56%
Max Drawdown (5Y) Largest decline over 5 years	—	-23.19%	—
Current Drawdown Current decline from peak	-4.71%	-6.82%	+2.11%
Average Drawdown Average peak-to-trough decline	-1.09%	-4.07%	+2.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.77%	1.82%	-0.05%

Volatility

ITDC vs. SWYFX - Volatility Comparison

Ishares Lifepath Target Date 2035 ETF (ITDC) has a higher volatility of 4.42% compared to Schwab Target 2035 Index Fund (SWYFX) at 3.70%. This indicates that ITDC's price experiences larger fluctuations and is considered to be riskier than SWYFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITDC	SWYFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.42%	3.70%	+0.72%
Volatility (6M) Calculated over the trailing 6-month period	6.56%	6.51%	+0.05%
Volatility (1Y) Calculated over the trailing 1-year period	11.58%	11.91%	-0.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.07%	12.00%	-1.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.07%	12.87%	-2.80%