ITDE vs. FXAIX
Compare and contrast key facts about Ishares Lifepath Target Date 2045 ETF (ITDE) and Fidelity 500 Index Fund (FXAIX).
ITDE is an actively managed fund by iShares. It was launched on Oct 17, 2023. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ITDE or FXAIX.
Correlation
The correlation between ITDE and FXAIX is 0.93, 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.
Performance
ITDE vs. FXAIX - Performance Comparison
Key characteristics
ITDE:
1.53
FXAIX:
1.75
ITDE:
2.11
FXAIX:
2.36
ITDE:
1.27
FXAIX:
1.32
ITDE:
2.44
FXAIX:
2.66
ITDE:
8.58
FXAIX:
11.02
ITDE:
1.92%
FXAIX:
2.04%
ITDE:
10.81%
FXAIX:
12.89%
ITDE:
-6.75%
FXAIX:
-33.79%
ITDE:
-1.36%
FXAIX:
-2.12%
Returns By Period
In the year-to-date period, ITDE achieves a 3.46% return, which is significantly higher than FXAIX's 2.42% return.
ITDE
3.46%
0.60%
4.13%
14.70%
N/A
N/A
FXAIX
2.42%
-1.08%
7.43%
19.81%
14.30%
12.86%
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ITDE vs. FXAIX - Expense Ratio Comparison
ITDE has a 0.11% expense ratio, which is higher than FXAIX's 0.02% 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%.
Risk-Adjusted Performance
ITDE vs. FXAIX — Risk-Adjusted Performance Rank
ITDE
FXAIX
ITDE vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2045 ETF (ITDE) and Fidelity 500 Index Fund (FXAIX). 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.
Dividends
ITDE vs. FXAIX - Dividend Comparison
ITDE's dividend yield for the trailing twelve months is around 1.59%, more than FXAIX's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITDE Ishares Lifepath Target Date 2045 ETF | 1.59% | 1.64% | 0.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.22% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
ITDE vs. FXAIX - Drawdown Comparison
The maximum ITDE drawdown since its inception was -6.75%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for ITDE and FXAIX. For additional features, visit the drawdowns tool.
Volatility
ITDE vs. FXAIX - Volatility Comparison
The current volatility for Ishares Lifepath Target Date 2045 ETF (ITDE) is 2.75%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 3.43%. This indicates that ITDE experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.