ITDE vs. VOO
Compare and contrast key facts about Ishares Lifepath Target Date 2045 ETF (ITDE) and Vanguard S&P 500 ETF (VOO).
ITDE and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ITDE is an actively managed fund by iShares. It was launched on Oct 17, 2023. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ITDE or VOO.
Key characteristics
| ITDE | VOO | |
|---|---|---|
| YTD Return | 16.52% | 26.94% |
| 1Y Return | 25.07% | 35.06% |
| Sharpe Ratio | 2.58 | 3.08 |
| Sortino Ratio | 3.61 | 4.09 |
| Omega Ratio | 1.47 | 1.58 |
| Calmar Ratio | 4.16 | 4.46 |
| Martin Ratio | 17.30 | 20.36 |
| Ulcer Index | 1.62% | 1.85% |
| Daily Std Dev | 10.85% | 12.23% |
| Max Drawdown | -6.75% | -33.99% |
| Current Drawdown | -1.05% | -0.25% |
Correlation
The correlation between ITDE and VOO 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. VOO - Performance Comparison
In the year-to-date period, ITDE achieves a 16.52% return, which is significantly lower than VOO's 26.94% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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%.
Risk-Adjusted Performance
ITDE vs. VOO - Risk-Adjusted Performance 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.
Dividends
ITDE vs. VOO - Dividend Comparison
ITDE's dividend yield for the trailing twelve months is around 0.75%, less than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ITDE Ishares Lifepath Target Date 2045 ETF | 0.75% | 0.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
ITDE vs. VOO - Drawdown Comparison
The maximum ITDE drawdown since its inception was -6.75%, 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. For additional features, visit the drawdowns tool.
Volatility
ITDE vs. VOO - Volatility Comparison
The current volatility for Ishares Lifepath Target Date 2045 ETF (ITDE) is 2.88%, while Vanguard S&P 500 ETF (VOO) has a volatility of 3.78%. This indicates that ITDE experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.