ITDE vs. VOO

Last updated Jun 4, 2026

ITDE (Ishares Lifepath Target Date 2045 ETF) and VOO (Vanguard S&P 500 ETF) are both exchange-traded funds - ITDE is a Target Retirement Date fund actively managed by iShares, while VOO is a S&P 500 fund tracking the S&P 500 Index. ITDE is actively managed, while VOO is passively managed. Over the past year, ITDE returned 25.23% vs 28.04% for VOO. Their correlation of 0.94 suggests significant overlap in exposure. ITDE charges 0.11%/yr vs 0.03%/yr for VOO.

Performance

ITDE vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lifepath Target Date 2045 ETF (ITDE) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with ITDE having a 10.49% return and VOO slightly higher at 10.91%.

ITDE

• 1D: -0.64%
• 1M: 4.12%
• YTD: 10.49%
• 6M: 11.17%
• 1Y: 25.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

VOO

• 1D: -0.70%
• 1M: 5.04%
• YTD: 10.91%
• 6M: 10.93%
• 1Y: 28.04%
• 3Y*: 22.44%
• 5Y*: 13.90%
• 10Y*: 15.56%

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

ITDE vs. VOO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ITDE Ishares Lifepath Target Date 2045 ETF	10.49%	19.34%	14.62%	13.21%
VOO Vanguard S&P 500 ETF	10.91%	17.82%	24.98%	11.93%

Correlation

The correlation between ITDE and VOO is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (All Time) Calculated using the full available price history since Oct 20, 2023	0.94

The correlation between ITDE and VOO has been stable across timeframes, ranging from 0.94 to 0.94 - a consistent structural relationship.

ITDE vs. VOO - Sectors Allocation Comparison

Sectors	ITDE	VOO
Technology	25.8%	35.7%
Financial Services	15.3%	11.6%
Industrials	11.7%	8.3%
Consumer Cyclical	8.9%	10.2%
Healthcare	7.9%	8.5%
Communication Services	7.8%	11.3%
Real Estate	6.7%	1.9%
Consumer Defensive	4.6%	4.9%
Energy	4.3%	3.5%
Basic Materials	4.1%	1.8%
Utilities	2.9%	2.4%

Return for Risk

ITDE vs. VOO — Risk / Return Rank

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

ITDE

ITDE Risk / Return Rank: 68
ITDE Sharpe Ratio Rank: 69
ITDE Sortino Ratio Rank: 71
ITDE Omega Ratio Rank: 69
ITDE Calmar Ratio Rank: 60
ITDE Martin Ratio Rank: 70

VOO

VOO Risk / Return Rank: 70
VOO Sharpe Ratio Rank: 71
VOO Sortino Ratio Rank: 70
VOO Omega Ratio Rank: 70
VOO Calmar Ratio Rank: 62
VOO Martin Ratio Rank: 75

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.

ITDE vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2045 ETF (ITDE) and Vanguard S&P 500 ETF (VOO). 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.

	ITDE	VOO	Difference
Sharpe ratio Return per unit of total volatility	2.31	2.39	-0.08
Sortino ratio Return per unit of downside risk	3.25	3.25	0.00
Omega ratio Gain probability vs. loss probability	1.42	1.43	-0.01
Calmar ratio Return relative to maximum drawdown	3.00	3.16	-0.16
Martin ratio Return relative to average drawdown	13.19	14.73	-1.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITDE vs. VOO - Sharpe Ratio Comparison

The current ITDE Sharpe Ratio is 2.31, which is comparable to the VOO Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of ITDE and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	ITDE	VOO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.31	2.39	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.78	0.89	+0.89

Drawdowns

ITDE vs. VOO - Drawdown Comparison

The maximum ITDE drawdown since its inception was -14.67%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for ITDE and VOO.

Drawdown Indicators

	ITDE	VOO	Difference
Max Drawdown Largest peak-to-trough decline	-14.67%	-33.99%	+19.32%
Max Drawdown (1Y) Largest decline over 1 year	-8.44%	-8.90%	+0.46%
Max Drawdown (3Y) Largest decline over 3 years	—	-18.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-24.52%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.99%	—
Current Drawdown Current decline from peak	-0.64%	-0.70%	+0.06%
Average Drawdown Average peak-to-trough decline	-1.42%	-3.69%	+2.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.92%	1.91%	+0.01%

Volatility

ITDE vs. VOO - Volatility Comparison

Ishares Lifepath Target Date 2045 ETF (ITDE) has a higher volatility of 3.45% compared to Vanguard S&P 500 ETF (VOO) at 2.84%. This indicates that ITDE's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITDE	VOO	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.45%	2.84%	+0.61%
Volatility (6M) Calculated over the trailing 6-month period	8.81%	8.90%	-0.09%
Volatility (1Y) Calculated over the trailing 1-year period	10.97%	11.80%	-0.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.90%	16.81%	-3.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.90%	18.01%	-5.11%

ITDE vs. VOO - Expense Ratio Comparison

ITDE has a 0.11% expense ratio, which is higher than VOO's 0.03% 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

ITDE vs. VOO - Dividend Comparison

ITDE's dividend yield for the trailing twelve months is around 1.68%, more than VOO's 1.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ITDE Ishares Lifepath Target Date 2045 ETF	1.68%	1.86%	1.64%	0.87%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VOO Vanguard S&P 500 ETF	1.03%	1.13%	1.24%	1.46%	1.69%	1.25%	1.54%	1.88%	2.06%	1.78%	2.02%	2.10%

Frequently Asked Questions

Can I hold both ITDE and VOO in my portfolio?

With a correlation of 0.94, ITDE and VOO 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, ITDE or VOO?

ITDE has higher volatility (3.45%) compared to VOO (2.84%). In terms of maximum drawdown, ITDE dropped -14.67% vs VOO's -33.99%.

Which ETF is better, ITDE or VOO?

On 1-year performance, VOO leads with 28.04% vs 25.23% for ITDE. On fees, VOO is cheaper at 0.03% per year. On volatility, VOO has been the lower-risk option at 2.84%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITDE or VOO?

Over the 1-year period, VOO has performed better with a 28.04% return vs 25.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITDE or VOO?

VOO is cheaper with a 0.03% expense ratio, compared with 0.11% for ITDE.

Which ETF pays a higher dividend yield, ITDE or VOO?

ITDE has the higher dividend yield at 1.68%, compared with 1.03% for VOO.

What is the main difference between ITDE and VOO?

ITDE is categorized as Target Retirement Date, while VOO is S&P 500. They also come from different issuers: iShares and Vanguard. Their fees differ too: 0.11% for ITDE and 0.03% for VOO.

Which has better risk-adjusted returns?

VOO currently has the higher Sharpe Ratio (2.39 vs 2.31), 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.