LEEIX vs. IRSQX

Last updated Jun 4, 2026

LEEIX (BlackRock LifePath ESG Index 2055 Fund) and IRSQX (Voya Target Retirement 2050 Fund) are both Target Retirement Date funds. Over the past 5 years, LEEIX returned 10.12%/yr vs 10.53%/yr for IRSQX. With a 0.96 correlation, they move nearly in lockstep. LEEIX charges 0.05%/yr vs 0.22%/yr for IRSQX.

Performance

LEEIX vs. IRSQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock LifePath ESG Index 2055 Fund (LEEIX) and Voya Target Retirement 2050 Fund (IRSQX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with LEEIX having a 12.92% return and IRSQX slightly higher at 13.02%.

LEEIX

• 1D: 0.43%
• 1M: 5.59%
• YTD: 12.92%
• 6M: 13.72%
• 1Y: 29.12%
• 3Y*: 19.33%
• 5Y*: 10.12%
• 10Y*: —

IRSQX

• 1D: 0.40%
• 1M: 5.64%
• YTD: 13.02%
• 6M: 13.89%
• 1Y: 29.66%
• 3Y*: 20.11%
• 5Y*: 10.53%
• 10Y*: 11.97%

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

LEEIX vs. IRSQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LEEIX BlackRock LifePath ESG Index 2055 Fund	12.92%	20.77%	13.11%	21.13%	-18.58%	19.91%	13.75%
IRSQX Voya Target Retirement 2050 Fund	13.02%	20.71%	15.32%	20.47%	-18.75%	18.82%	13.93%

Correlation

The correlation between LEEIX and IRSQX is 0.90, 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	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (All Time) Calculated using the full available price history since Aug 19, 2020	0.96

The correlation between LEEIX and IRSQX has been stable across timeframes, ranging from 0.90 to 0.96 - a consistent structural relationship.

Return for Risk

LEEIX vs. IRSQX — Risk / Return Rank

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

LEEIX

LEEIX Risk / Return Rank: 65
LEEIX Sharpe Ratio Rank: 66
LEEIX Sortino Ratio Rank: 62
LEEIX Omega Ratio Rank: 60
LEEIX Calmar Ratio Rank: 65
LEEIX Martin Ratio Rank: 73

IRSQX

IRSQX Risk / Return Rank: 81
IRSQX Sharpe Ratio Rank: 83
IRSQX Sortino Ratio Rank: 81
IRSQX Omega Ratio Rank: 76
IRSQX Calmar Ratio Rank: 77
IRSQX Martin Ratio Rank: 87

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.

LEEIX vs. IRSQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath ESG Index 2055 Fund (LEEIX) and Voya Target Retirement 2050 Fund (IRSQX). 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.

	LEEIX	IRSQX	Difference
Sharpe ratio: Return per unit of total volatility	2.39	2.71	-0.32
Sortino ratio: Return per unit of downside risk	3.32	3.87	-0.55
Omega ratio: Gain probability vs. loss probability	1.43	1.50	-0.07
Calmar ratio: Return relative to maximum drawdown	3.11	3.50	-0.39
Martin ratio: Return relative to average drawdown	13.88	16.89	-3.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LEEIX vs. IRSQX - Sharpe Ratio Comparison

The current LEEIX Sharpe Ratio is 2.39, which is comparable to the IRSQX Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of LEEIX and IRSQX, 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

	LEEIX	IRSQX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.39	2.71	-0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.70	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.85	0.74	+0.12

Drawdowns

LEEIX vs. IRSQX - Drawdown Comparison

The maximum LEEIX drawdown since its inception was -27.28%, smaller than the maximum IRSQX drawdown of -33.06%. Use the drawdown chart below to compare losses from any high point for LEEIX and IRSQX.

Drawdown Indicators

	LEEIX	IRSQX	Difference
Max Drawdown Largest peak-to-trough decline	-27.28%	-33.06%	+5.78%
Max Drawdown (1Y) Largest decline over 1 year	-9.52%	-9.42%	-0.10%
Max Drawdown (3Y) Largest decline over 3 years	-17.46%	-15.91%	-1.55%
Max Drawdown (5Y) Largest decline over 5 years	-27.28%	-26.14%	-1.14%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.06%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.75%	-4.49%	-1.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	1.88%	+0.25%

Volatility

LEEIX vs. IRSQX - Volatility Comparison

BlackRock LifePath ESG Index 2055 Fund (LEEIX) and Voya Target Retirement 2050 Fund (IRSQX) have volatilities of 3.70% and 3.67%, 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

	LEEIX	IRSQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.70%	3.67%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	9.88%	9.96%	-0.08%
Volatility (1Y) Calculated over the trailing 1-year period	12.38%	12.17%	+0.21%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.95%	15.30%	+0.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.80%	16.15%	-0.35%

LEEIX vs. IRSQX - Expense Ratio Comparison

LEEIX has a 0.05% expense ratio, which is lower than IRSQX's 0.22% 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

LEEIX vs. IRSQX - Dividend Comparison

LEEIX's dividend yield for the trailing twelve months is around 1.39%, less than IRSQX's 14.10% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IRSQX Voya Target Retirement 2050 Fund	14.10%	15.94%	1.93%	1.89%	6.50%	20.41%	2.18%	4.80%	7.33%	6.29%	1.94%	0.44%
LEEIX BlackRock LifePath ESG Index 2055 Fund	1.39%	1.57%	0.00%	2.10%	2.04%	2.72%	0.90%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LEEIX and IRSQX in my portfolio?

With a correlation of 0.90, LEEIX and IRSQX 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, LEEIX or IRSQX?

LEEIX has higher volatility (3.70%) compared to IRSQX (3.67%). In terms of maximum drawdown, LEEIX dropped -27.28% vs IRSQX's -33.06%.

Which has better risk-adjusted returns?

IRSQX currently has the higher Sharpe Ratio (2.71 vs 2.39), 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.