ITDJ vs. IBID

Last updated Jun 23, 2026

ITDJ (iShares LifePath Target Date 2070 ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - ITDJ is a Target Retirement Date fund actively managed by iShares, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. ITDJ is actively managed, while IBID is passively managed. Over the past year, ITDJ returned 29.36% vs 4.04% for IBID. At a correlation of -0.13, they often move in opposite directions. ITDJ charges 0.12%/yr vs 0.10%/yr for IBID.

Performance

ITDJ vs. IBID - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares LifePath Target Date 2070 ETF (ITDJ) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, ITDJ achieves a 12.33% return, which is significantly higher than IBID's 1.99% return.

ITDJ

• 1D: -0.15%
• 1M: 1.67%
• YTD: 12.33%
• 6M: 12.14%
• 1Y: 29.36%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IBID

• 1D: 0.00%
• 1M: -0.19%
• YTD: 1.99%
• 6M: 2.08%
• 1Y: 4.04%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ITDJ vs. IBID - Yearly Performance Comparison

	2026 (YTD)	2025	2024
ITDJ iShares LifePath Target Date 2070 ETF	12.33%	22.02%	-1.70%
IBID iShares iBonds Oct 2027 Term TIPS ETF	1.99%	5.66%	0.42%

Correlation

The correlation between ITDJ and IBID is -0.14, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.14
Correlation (All Time) Calculated using the full available price history since Nov 13, 2024	-0.13

Return for Risk

ITDJ vs. IBID — Risk / Return Rank

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

ITDJ

ITDJ Risk / Return Rank: 69
ITDJ Sharpe Ratio Rank: 70
ITDJ Sortino Ratio Rank: 68
ITDJ Omega Ratio Rank: 70
ITDJ Calmar Ratio Rank: 63
ITDJ Martin Ratio Rank: 73

IBID

IBID Risk / Return Rank: 95
IBID Sharpe Ratio Rank: 93
IBID Sortino Ratio Rank: 96
IBID Omega Ratio Rank: 96
IBID Calmar Ratio Rank: 96
IBID Martin Ratio Rank: 95

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.

ITDJ vs. IBID - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares LifePath Target Date 2070 ETF (ITDJ) and iShares iBonds Oct 2027 Term TIPS ETF (IBID). 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.

	ITDJ	IBID	Difference
Sharpe ratio: Return per unit of total volatility	2.20	3.29	-1.09
Sortino ratio: Return per unit of downside risk	3.01	5.55	-2.55
Omega ratio: Gain probability vs. loss probability	1.40	1.75	-0.35
Calmar ratio: Return relative to maximum drawdown	3.06	8.22	-5.16
Martin ratio: Return relative to average drawdown	13.21	30.99	-17.78

ITDJ vs. IBID - Sharpe Ratio Comparison

The current ITDJ Sharpe Ratio is 2.20, which is lower than the IBID Sharpe Ratio of 3.29. The chart below compares the historical Sharpe Ratios of ITDJ and IBID, 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

ITDJ vs. IBID - Drawdown Comparison

The maximum ITDJ drawdown since its inception was -16.63%, which is greater than IBID's maximum drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for ITDJ and IBID.

Drawdown Indicators

	ITDJ	IBID	Difference
Max Drawdown Largest peak-to-trough decline	-16.63%	-1.28%	-15.35%
Max Drawdown (1Y) Largest decline over 1 year	-9.65%	-0.49%	-9.16%
Current Drawdown Current decline from peak	-0.62%	-0.49%	-0.13%
Average Drawdown Average peak-to-trough decline	-1.91%	-0.22%	-1.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	0.13%	+2.10%

Volatility

ITDJ vs. IBID - Volatility Comparison

iShares LifePath Target Date 2070 ETF (ITDJ) has a higher volatility of 5.01% compared to iShares iBonds Oct 2027 Term TIPS ETF (IBID) at 0.35%. This indicates that ITDJ's price experiences larger fluctuations and is considered to be riskier than IBID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	ITDJ	IBID	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.01%	0.35%	+4.66%
Volatility (6M) Calculated over the trailing 6-month period	11.13%	0.86%	+10.27%
Volatility (1Y) Calculated over the trailing 1-year period	13.44%	1.23%	+12.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.33%	2.24%	+14.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.33%	2.24%	+14.09%

ITDJ vs. IBID - Expense Ratio Comparison

ITDJ has a 0.12% expense ratio, which is higher than IBID's 0.10% 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

ITDJ vs. IBID - Dividend Comparison

ITDJ's dividend yield for the trailing twelve months is around 1.25%, less than IBID's 3.68% yield.

Position	TTM	2025	2024	2023
IBID iShares iBonds Oct 2027 Term TIPS ETF	3.68%	4.43%	4.24%	0.81%
ITDJ iShares LifePath Target Date 2070 ETF	1.25%	1.40%	0.82%	0.00%

Frequently Asked Questions

Can I hold both ITDJ and IBID in my portfolio?

ITDJ and IBID have a correlation of -0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, ITDJ or IBID?

ITDJ has higher volatility (5.01%) compared to IBID (0.35%). In terms of maximum drawdown, ITDJ dropped -16.63% vs IBID's -1.28%.

Which ETF is better, ITDJ or IBID?

On 1-year performance, ITDJ leads with 29.36% vs 4.04% for IBID. On fees, IBID is cheaper at 0.10% per year. On volatility, IBID has been the lower-risk option at 0.35%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, ITDJ or IBID?

Over the 1-year period, ITDJ has performed better with a 29.36% return vs 4.04%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, ITDJ or IBID?

IBID is cheaper with a 0.10% expense ratio, compared with 0.12% for ITDJ.

Which ETF pays a higher dividend yield, ITDJ or IBID?

IBID has the higher dividend yield at 3.68%, compared with 1.25% for ITDJ.

What is the main difference between ITDJ and IBID?

ITDJ is categorized as Target Retirement Date, while IBID is Inflation-Protected Bonds. Their fees differ too: 0.12% for ITDJ and 0.10% for IBID.

Which has better risk-adjusted returns?

IBID currently has the higher Sharpe Ratio (3.29 vs 2.20), 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.