ITDD vs. ITDB

Last updated Aug 2, 2026

ITDD (Ishares Lifepath Target Date 2040 ETF) and ITDB (Ishares Lifepath Target Date 2030 ETF) are both Target Retirement Date funds from iShares. Both are actively managed. Over the past year, ITDD returned 17.97% vs 12.67% for ITDB. Their 0.97 correlation means they have historically moved very closely together. ITDD charges 0.11%/yr vs 0.09%/yr for ITDB.

Performance

ITDD vs. ITDB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lifepath Target Date 2040 ETF (ITDD) and Ishares Lifepath Target Date 2030 ETF (ITDB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITDD achieves a 8.72% return, which is significantly higher than ITDB's 5.71% return.

ITDD

• 1D: 0.10%
• 1M: -0.42%
• 6M: 6.04%
• YTD: 8.72%
• 1Y: 17.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19.27%

ITDB

• 1D: 0.00%
• 1M: -0.51%
• 6M: 3.92%
• YTD: 5.71%
• 1Y: 12.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 15.24%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ITDB Ishares Lifepath Target Date 2030 ETF	$752.01K	$656.67K	$702.05K
ITDD Ishares Lifepath Target Date 2040 ETF	$667.07K	$567.21K	$682.84K

ITDD vs. ITDB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ITDD Ishares Lifepath Target Date 2040 ETF	8.72%	17.66%	13.08%	12.87%
ITDB Ishares Lifepath Target Date 2030 ETF	5.71%	14.58%	9.65%	11.73%

Correlation

The correlation between ITDD and ITDB is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.98
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023	0.97

The correlation between ITDD and ITDB has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

Return for Risk

ITDD vs. ITDB — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ITDD

ITDD Risk / Return Rank: 73
ITDD Sharpe Ratio Rank: 74
ITDD Sortino Ratio Rank: 73
ITDD Omega Ratio Rank: 73
ITDD Calmar Ratio Rank: 67
ITDD Martin Ratio Rank: 77

ITDB

ITDB Risk / Return Rank: 71
ITDB Sharpe Ratio Rank: 71
ITDB Sortino Ratio Rank: 72
ITDB Omega Ratio Rank: 72
ITDB Calmar Ratio Rank: 63
ITDB Martin Ratio Rank: 75

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ITDD vs. ITDB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2040 ETF (ITDD) and Ishares Lifepath Target Date 2030 ETF (ITDB). 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	ITDB	Difference
Sharpe ratio: Return per unit of total volatility	1.67	1.62	+0.05
Sortino ratio: Return per unit of downside risk	2.36	2.31	+0.05
Omega ratio: Gain probability vs. loss probability	1.30	1.30	0.00
Calmar ratio: Return relative to maximum drawdown	2.33	2.21	+0.12
Martin ratio: Return relative to average drawdown	9.79	9.30	+0.49

ITDD vs. ITDB - Sharpe Ratio Comparison

The current ITDD Sharpe Ratio is 1.67, which is comparable to the ITDB Sharpe Ratio of 1.62. The chart below compares the historical Sharpe Ratios of ITDD and ITDB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

ITDD vs. ITDB - Drawdown Comparison

The maximum ITDD drawdown since its inception was -12.46%, which is greater than ITDB's maximum drawdown of -8.41%. Use the drawdown chart below to compare losses from any high point for ITDD and ITDB.

Drawdown Indicators

	ITDD	ITDB	Difference
Max Drawdown Largest peak-to-trough decline	-12.46%	-8.41%	-4.05%
Max Drawdown (1Y) Largest decline over 1 year	-7.56%	-5.66%	-1.90%
Current Drawdown Current decline from peak	-1.14%	-1.05%	-0.09%
Average Drawdown Average peak-to-trough decline	-1.24%	-0.93%	-0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	1.34%	+0.45%

Volatility

ITDD vs. ITDB - Volatility Comparison

Ishares Lifepath Target Date 2040 ETF (ITDD) has a higher volatility of 3.04% compared to Ishares Lifepath Target Date 2030 ETF (ITDB) at 2.22%. This indicates that ITDD's price experiences larger fluctuations and is considered to be riskier than ITDB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITDD	ITDB	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.04%	2.22%	+0.82%
Volatility (6M) Calculated over the trailing 6-month period	8.91%	6.55%	+2.36%
Volatility (1Y) Calculated over the trailing 1-year period	10.57%	7.73%	+2.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.49%	8.62%	+2.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.49%	8.62%	+2.87%

ITDD vs. ITDB - Expense Ratio Comparison

ITDD has a 0.11% expense ratio, which is higher than ITDB's 0.09% 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. ITDB - Dividend Comparison

ITDD's dividend yield for the trailing twelve months is around 1.68%, less than ITDB's 1.94% yield.

Position	TTM	2025	2024	2023
ITDB Ishares Lifepath Target Date 2030 ETF	1.94%	2.05%	1.96%	0.62%
ITDD Ishares Lifepath Target Date 2040 ETF	1.68%	1.82%	1.56%	0.89%

Frequently Asked Questions

Can I hold both ITDD and ITDB in my portfolio?

With a correlation of 0.98, ITDD and ITDB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, ITDD or ITDB?

ITDD has higher volatility (3.04%) compared to ITDB (2.22%). In terms of maximum drawdown, ITDD dropped -12.46% vs ITDB's -8.41%.

Which ETF is better, ITDD or ITDB?

On 1-year performance, ITDD leads with 17.97% vs 12.67% for ITDB. On fees, ITDB is cheaper at 0.09% per year. On volatility, ITDB has been the lower-risk option at 2.22%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITDD or ITDB?

Over the 1-year period, ITDD has performed better with a 17.97% return vs 12.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITDD or ITDB?

ITDB is cheaper with a 0.09% expense ratio, compared with 0.11% for ITDD.

Which ETF pays a higher dividend yield, ITDD or ITDB?

ITDB has the higher dividend yield at 1.94%, compared with 1.68% for ITDD.

What is the main difference between ITDD and ITDB?

Their fees differ too: 0.11% for ITDD and 0.09% for ITDB.

Which has better risk-adjusted returns?

ITDD currently has the higher Sharpe Ratio (1.67 vs 1.62), 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.