ITDD vs. DGRO
ITDD (Ishares Lifepath Target Date 2040 ETF) and DGRO (iShares Core Dividend Growth ETF) are both exchange-traded funds - ITDD is a Target Retirement Date fund actively managed by iShares, while DGRO is a Large Cap Growth Equities fund tracking the Morningstar US Dividend Growth Index. ITDD is actively managed, while DGRO is passively managed. Over the past year, ITDD returned 20.04% vs 22.22% for DGRO. A 0.78 correlation means they provide meaningful diversification when combined. ITDD charges 0.11%/yr vs 0.08%/yr for DGRO.
Performance
ITDD vs. DGRO - Performance Comparison
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Returns By Period
In the year-to-date period, ITDD achieves a 8.11% return, which is significantly lower than DGRO's 9.19% return.
ITDD
- 1D
- -1.22%
- 1M
- 0.09%
- YTD
- 8.11%
- 6M
- 7.50%
- 1Y
- 20.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
DGRO
- 1D
- 0.32%
- 1M
- 0.80%
- YTD
- 9.19%
- 6M
- 8.52%
- 1Y
- 22.22%
- 3Y*
- 16.92%
- 5Y*
- 11.00%
- 10Y*
- 13.62%
ITDD vs. DGRO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
ITDD Ishares Lifepath Target Date 2040 ETF | 8.11% | 17.66% | 13.08% | 12.87% |
DGRO iShares Core Dividend Growth ETF | 9.19% | 15.69% | 16.62% | 9.45% |
Correlation
The correlation between ITDD and DGRO is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.71 |
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023 | 0.78 |
The correlation between ITDD and DGRO has been stable across timeframes, ranging from 0.71 to 0.78 - a consistent structural relationship.
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Return for Risk
ITDD vs. DGRO — Risk / Return Rank
ITDD
DGRO
ITDD vs. DGRO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2040 ETF (ITDD) and iShares Core Dividend Growth ETF (DGRO). 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.
| ITDD | DGRO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.42 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.66 | 3.45 | -0.79 |
| Martin ratioReturn relative to average drawdown | 11.44 | 13.31 | -1.87 |
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Drawdowns
ITDD vs. DGRO - Drawdown Comparison
The maximum ITDD drawdown since its inception was -12.46%, smaller than the maximum DGRO drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for ITDD and DGRO.
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Drawdown Indicators
| ITDD | DGRO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.46% | -35.10% | +22.64% |
Max Drawdown (1Y)Largest decline over 1 year | -7.56% | -6.47% | -1.09% |
Max Drawdown (3Y)Largest decline over 3 years | — | -14.03% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -19.31% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.10% | — |
Current DrawdownCurrent decline from peak | -1.59% | -0.90% | -0.69% |
Average DrawdownAverage peak-to-trough decline | -1.25% | -3.43% | +2.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.76% | 1.67% | +0.09% |
Volatility
ITDD vs. DGRO - Volatility Comparison
Ishares Lifepath Target Date 2040 ETF (ITDD) has a higher volatility of 4.07% compared to iShares Core Dividend Growth ETF (DGRO) at 2.63%. This indicates that ITDD's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ITDD | DGRO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.07% | 2.63% | +1.44% |
Volatility (6M)Calculated over the trailing 6-month period | 8.62% | 6.94% | +1.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.31% | 9.53% | +0.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.56% | 13.80% | -2.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.56% | 16.60% | -5.04% |
ITDD vs. DGRO - Expense Ratio Comparison
ITDD has a 0.11% expense ratio, which is higher than DGRO's 0.08% 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%.
Dividends
ITDD vs. DGRO - Dividend Comparison
ITDD's dividend yield for the trailing twelve months is around 1.69%, less than DGRO's 1.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DGRO iShares Core Dividend Growth ETF | 1.97% | 2.09% | 2.26% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% |
ITDD Ishares Lifepath Target Date 2040 ETF | 1.69% | 1.82% | 1.56% | 0.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ITDD and DGRO have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ITDD has higher volatility (4.07%) compared to DGRO (2.63%). In terms of maximum drawdown, ITDD dropped -12.46% vs DGRO's -35.10%.
On 1-year performance, DGRO leads with 22.22% vs 20.04% for ITDD. On fees, DGRO is cheaper at 0.08% per year. On volatility, DGRO has been the lower-risk option at 2.63%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, DGRO has performed better with a 22.22% return vs 20.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
DGRO is cheaper with a 0.08% expense ratio, compared with 0.11% for ITDD.
DGRO has the higher dividend yield at 1.97%, compared with 1.69% for ITDD.
ITDD is categorized as Target Retirement Date, while DGRO is Large Cap Growth Equities. Their fees differ too: 0.11% for ITDD and 0.08% for DGRO.
DGRO currently has the higher Sharpe Ratio (2.35 vs 1.96), 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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