ITDI vs. ITDE
Compare and contrast key facts about Ishares Lifepath Target Date 2065 ETF (ITDI) and Ishares Lifepath Target Date 2045 ETF (ITDE).
ITDI and ITDE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ITDI is an actively managed fund by iShares. It was launched on Oct 17, 2023. ITDE is an actively managed fund by iShares. It was launched on Oct 17, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ITDI or ITDE.
Key characteristics
| ITDI | ITDE | |
|---|---|---|
| YTD Return | 18.64% | 16.52% |
| 1Y Return | 27.05% | 25.07% |
| Sharpe Ratio | 2.52 | 2.58 |
| Sortino Ratio | 3.46 | 3.61 |
| Omega Ratio | 1.46 | 1.47 |
| Calmar Ratio | 3.72 | 4.16 |
| Martin Ratio | 16.68 | 17.30 |
| Ulcer Index | 1.80% | 1.62% |
| Daily Std Dev | 11.92% | 10.85% |
| Max Drawdown | -8.08% | -6.75% |
| Current Drawdown | -1.16% | -1.05% |
Correlation
The correlation between ITDI and ITDE is 0.99, 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
ITDI vs. ITDE - Performance Comparison
In the year-to-date period, ITDI achieves a 18.64% return, which is significantly higher than ITDE's 16.52% 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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ITDI vs. ITDE - Expense Ratio Comparison
Both ITDI and ITDE have an expense ratio of 0.11%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
ITDI vs. ITDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ishares Lifepath Target Date 2065 ETF (ITDI) and Ishares Lifepath Target Date 2045 ETF (ITDE). 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
ITDI vs. ITDE - Dividend Comparison
ITDI's dividend yield for the trailing twelve months is around 0.71%, less than ITDE's 0.75% yield.
| TTM | 2023 | |
|---|---|---|
ITDI Ishares Lifepath Target Date 2065 ETF | 0.71% | 0.84% |
ITDE Ishares Lifepath Target Date 2045 ETF | 0.75% | 0.87% |
Drawdowns
ITDI vs. ITDE - Drawdown Comparison
The maximum ITDI drawdown since its inception was -8.08%, which is greater than ITDE's maximum drawdown of -6.75%. Use the drawdown chart below to compare losses from any high point for ITDI and ITDE. For additional features, visit the drawdowns tool.
Volatility
ITDI vs. ITDE - Volatility Comparison
Ishares Lifepath Target Date 2065 ETF (ITDI) has a higher volatility of 3.22% compared to Ishares Lifepath Target Date 2045 ETF (ITDE) at 2.88%. This indicates that ITDI's price experiences larger fluctuations and is considered to be riskier than ITDE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.