ITDI vs. FCPI

Last updated Jun 4, 2026

ITDI (Ishares Lifepath Target Date 2065 ETF) and FCPI (Fidelity Stocks for Inflation ETF) are both exchange-traded funds - ITDI is a Target Retirement Date fund actively managed by iShares, while FCPI is a Large Cap Blend Equities fund tracking the Fidelity Stocks for Inflation Factor Index. ITDI is actively managed, while FCPI is passively managed. Over the past year, ITDI returned 29.11% vs 22.08% for FCPI. Their correlation of 0.89 suggests significant overlap in exposure. ITDI charges 0.11%/yr vs 0.15%/yr for FCPI.

Performance

ITDI vs. FCPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Ishares Lifepath Target Date 2065 ETF (ITDI) and Fidelity Stocks for Inflation ETF (FCPI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITDI achieves a 12.13% return, which is significantly higher than FCPI's 11.23% return.

ITDI

• 1D: -0.79%
• 1M: 4.83%
• YTD: 12.13%
• 6M: 13.10%
• 1Y: 29.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FCPI

• 1D: -0.28%
• 1M: 4.20%
• YTD: 11.23%
• 6M: 10.30%
• 1Y: 22.08%
• 3Y*: 21.82%
• 5Y*: 15.12%
• 10Y*: —

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

ITDI vs. FCPI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
ITDI Ishares Lifepath Target Date 2065 ETF	12.13%	21.90%	16.73%	12.83%
FCPI Fidelity Stocks for Inflation ETF	11.23%	16.24%	25.54%	9.90%

Correlation

The correlation between ITDI and FCPI is 0.88, 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	0.88
Correlation (All Time) Calculated using the full available price history since Oct 20, 2023	0.89

The correlation between ITDI and FCPI has been stable across timeframes, ranging from 0.88 to 0.89 - a consistent structural relationship.

ITDI vs. FCPI - Sectors Allocation Comparison

Sectors	ITDI	FCPI
Technology	26.8%	28.3%
Financial Services	16.1%	7.5%
Industrials	11.9%	5.6%
Consumer Cyclical	9.3%	6.9%
Healthcare	8.3%	13.3%
Communication Services	8.1%	5.6%
Consumer Defensive	4.8%	7.2%
Basic Materials	4.3%	6.5%
Energy	4.3%	12.3%
Real Estate	3.5%	4.5%
Utilities	2.6%	2.4%

Return for Risk

ITDI vs. FCPI — Risk / Return Rank

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

ITDI

ITDI Risk / Return Rank: 68
ITDI Sharpe Ratio Rank: 69
ITDI Sortino Ratio Rank: 69
ITDI Omega Ratio Rank: 68
ITDI Calmar Ratio Rank: 61
ITDI Martin Ratio Rank: 72

FCPI

FCPI Risk / Return Rank: 56
FCPI Sharpe Ratio Rank: 54
FCPI Sortino Ratio Rank: 54
FCPI Omega Ratio Rank: 54
FCPI Calmar Ratio Rank: 56
FCPI Martin Ratio Rank: 63

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.

ITDI vs. FCPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2065 ETF (ITDI) and Fidelity Stocks for Inflation ETF (FCPI). 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.

	ITDI	FCPI	Difference
Sharpe ratio: Return per unit of total volatility	2.28	1.89	+0.39
Sortino ratio: Return per unit of downside risk	3.18	2.62	+0.56
Omega ratio: Gain probability vs. loss probability	1.41	1.34	+0.07
Calmar ratio: Return relative to maximum drawdown	3.05	2.82	+0.23
Martin ratio: Return relative to average drawdown	13.40	11.56	+1.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

ITDI vs. FCPI - Sharpe Ratio Comparison

The current ITDI Sharpe Ratio is 2.28, which is comparable to the FCPI Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of ITDI and FCPI, 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

	ITDI	FCPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.28	1.89	+0.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.75	0.74	+1.01

Drawdowns

ITDI vs. FCPI - Drawdown Comparison

The maximum ITDI drawdown since its inception was -16.31%, smaller than the maximum FCPI drawdown of -37.26%. Use the drawdown chart below to compare losses from any high point for ITDI and FCPI.

Drawdown Indicators

	ITDI	FCPI	Difference
Max Drawdown Largest peak-to-trough decline	-16.31%	-37.26%	+20.95%
Max Drawdown (1Y) Largest decline over 1 year	-9.60%	-7.88%	-1.72%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.44%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.25%	—
Current Drawdown Current decline from peak	-0.79%	-0.28%	-0.51%
Average Drawdown Average peak-to-trough decline	-1.57%	-4.38%	+2.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.18%	1.92%	+0.26%

Volatility

ITDI vs. FCPI - Volatility Comparison

Ishares Lifepath Target Date 2065 ETF (ITDI) and Fidelity Stocks for Inflation ETF (FCPI) have volatilities of 3.92% and 3.75%, 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

	ITDI	FCPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.92%	3.75%	+0.17%
Volatility (6M) Calculated over the trailing 6-month period	10.30%	9.29%	+1.01%
Volatility (1Y) Calculated over the trailing 1-year period	12.81%	11.73%	+1.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.49%	16.66%	-2.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.49%	20.13%	-5.64%

ITDI vs. FCPI - Expense Ratio Comparison

ITDI has a 0.11% expense ratio, which is lower than FCPI's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

ITDI vs. FCPI - Dividend Comparison

ITDI's dividend yield for the trailing twelve months is around 1.45%, less than FCPI's 1.61% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FCPI Fidelity Stocks for Inflation ETF	1.61%	1.74%	1.29%	1.88%	1.77%	1.19%	3.53%	0.43%
ITDI Ishares Lifepath Target Date 2065 ETF	1.45%	1.63%	1.68%	0.84%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ITDI and FCPI in my portfolio?

ITDI and FCPI have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ITDI or FCPI?

ITDI has higher volatility (3.92%) compared to FCPI (3.75%). In terms of maximum drawdown, ITDI dropped -16.31% vs FCPI's -37.26%.

Which ETF is better, ITDI or FCPI?

On 1-year performance, ITDI leads with 29.11% vs 22.08% for FCPI. On fees, ITDI is cheaper at 0.11% per year. On volatility, FCPI has been the lower-risk option at 3.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITDI or FCPI?

Over the 1-year period, ITDI has performed better with a 29.11% return vs 22.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITDI or FCPI?

ITDI is cheaper with a 0.11% expense ratio, compared with 0.15% for FCPI.

Which ETF pays a higher dividend yield, ITDI or FCPI?

FCPI has the higher dividend yield at 1.61%, compared with 1.45% for ITDI.

What is the main difference between ITDI and FCPI?

ITDI is categorized as Target Retirement Date, while FCPI is Large Cap Blend Equities. They also come from different issuers: iShares and Fidelity. Their fees differ too: 0.11% for ITDI and 0.15% for FCPI.

Which has better risk-adjusted returns?

ITDI currently has the higher Sharpe Ratio (2.28 vs 1.89), 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.