ITDE vs. VTIVX

Last updated Aug 2, 2026

ITDE (Ishares Lifepath Target Date 2045 ETF) and VTIVX (Vanguard Target Retirement 2045 Fund) are both Target Retirement Date funds. Over the past year, ITDE returned 20.66% vs 19.82% for VTIVX. Their 0.98 correlation means they have historically moved very closely together. ITDE charges 0.11%/yr vs 0.08%/yr for VTIVX.

Performance

ITDE vs. VTIVX - Performance Comparison

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

Returns By Period

In the year-to-date period, ITDE achieves a 9.91% return, which is significantly higher than VTIVX's 9.10% return.

ITDE

• 1D: 0.20%
• 1M: -0.25%
• 6M: 6.96%
• YTD: 9.91%
• 1Y: 20.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 21.07%

VTIVX

• 1D: 1.74%
• 1M: -0.47%
• 6M: 6.16%
• YTD: 9.10%
• 1Y: 19.82%
• 3Y*: 15.57%
• 5Y*: 8.84%
• 10Y*: 10.82%
• ALL TIME*: 8.82%

*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)
ITDE Ishares Lifepath Target Date 2045 ETF	$326.86K	$381.11K	$484.95K
VTIVX Vanguard Target Retirement 2045 Fund	$0.00	$0.00	$0.00

ITDE vs. VTIVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ITDE Ishares Lifepath Target Date 2045 ETF	9.91%	19.34%	14.62%	13.21%
VTIVX Vanguard Target Retirement 2045 Fund	9.10%	20.01%	13.68%	11.47%

Correlation

The correlation between ITDE and VTIVX is 0.99 - 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.	0.99
Correlation (All Time) Calculated using the full available price history since Oct 19, 2023	0.98

The correlation between ITDE and VTIVX has been stable across timeframes, ranging from 0.98 to 0.99 - a consistent structural relationship.

Return for Risk

ITDE vs. VTIVX — Risk / Return Rank

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

ITDE

ITDE Risk / Return Rank: 74
ITDE Sharpe Ratio Rank: 74
ITDE Sortino Ratio Rank: 74
ITDE Omega Ratio Rank: 74
ITDE Calmar Ratio Rank: 68
ITDE Martin Ratio Rank: 78

VTIVX

VTIVX Risk / Return Rank: 71
VTIVX Sharpe Ratio Rank: 71
VTIVX Sortino Ratio Rank: 68
VTIVX Omega Ratio Rank: 68
VTIVX Calmar Ratio Rank: 70
VTIVX Martin Ratio Rank: 79

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.

ITDE vs. VTIVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2045 ETF (ITDE) and Vanguard Target Retirement 2045 Fund (VTIVX). 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.

	ITDE	VTIVX	Difference
Sharpe ratio: Return per unit of total volatility	1.68	1.59	+0.09
Sortino ratio: Return per unit of downside risk	2.38	2.24	+0.14
Omega ratio: Gain probability vs. loss probability	1.31	1.29	+0.02
Calmar ratio: Return relative to maximum drawdown	2.35	2.21	+0.13
Martin ratio: Return relative to average drawdown	9.92	9.20	+0.72

ITDE vs. VTIVX - Sharpe Ratio Comparison

The current ITDE Sharpe Ratio is 1.68, which is comparable to the VTIVX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of ITDE and VTIVX, 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

ITDE vs. VTIVX - Drawdown Comparison

The maximum ITDE drawdown since its inception was -14.67%, smaller than the maximum VTIVX drawdown of -51.69%. Use the drawdown chart below to compare losses from any high point for ITDE and VTIVX.

Drawdown Indicators

	ITDE	VTIVX	Difference
Max Drawdown Largest peak-to-trough decline	-14.67%	-51.69%	+37.02%
Max Drawdown (1Y) Largest decline over 1 year	-8.44%	-8.30%	-0.14%
Max Drawdown (3Y) Largest decline over 3 years	—	-13.40%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.10%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-31.42%	—
Current Drawdown Current decline from peak	-1.17%	-1.79%	+0.62%
Average Drawdown Average peak-to-trough decline	-1.41%	-6.30%	+4.89%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.99%	1.99%	0.00%

Volatility

ITDE vs. VTIVX - Volatility Comparison

Ishares Lifepath Target Date 2045 ETF (ITDE) and Vanguard Target Retirement 2045 Fund (VTIVX) have volatilities of 3.37% and 3.46%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITDE	VTIVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.37%	3.46%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	9.91%	9.69%	+0.22%
Volatility (1Y) Calculated over the trailing 1-year period	11.82%	11.59%	+0.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.93%	13.64%	-0.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.93%	14.75%	-1.82%

ITDE vs. VTIVX - Expense Ratio Comparison

ITDE has a 0.11% expense ratio, which is higher than VTIVX'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

ITDE vs. VTIVX - Dividend Comparison

ITDE's dividend yield for the trailing twelve months is around 1.69%, less than VTIVX's 2.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ITDE Ishares Lifepath Target Date 2045 ETF	1.69%	1.86%	1.64%	0.87%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTIVX Vanguard Target Retirement 2045 Fund	2.29%	2.50%	2.36%	2.27%	2.75%	15.40%	1.90%	2.23%	2.52%	0.04%	2.47%	3.29%

Frequently Asked Questions

Can I hold both ITDE and VTIVX in my portfolio?

With a correlation of 0.99, ITDE and VTIVX 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 VTIVX?

VTIVX has higher volatility (3.46%) compared to ITDE (3.37%). In terms of maximum drawdown, ITDE dropped -14.67% vs VTIVX's -51.69%.

Which has better risk-adjusted returns?

ITDE currently has the higher Sharpe Ratio (1.68 vs 1.59), 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.