URINX vs. ITOT

Last updated Jun 3, 2026

URINX (USAA Target Retirement Income Fund) and ITOT (iShares Core S&P Total U.S. Stock Market ETF) are both funds - URINX is a Target Retirement Date fund managed by Victory, while ITOT is a Large Cap Growth Equities fund tracking the S&P Composite 1500 Index. Over the past 10 years, URINX returned 5.76%/yr vs 15.10%/yr for ITOT. Their correlation of 0.85 suggests significant overlap in exposure. URINX charges 0.04%/yr vs 0.03%/yr for ITOT.

Performance

URINX vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in USAA Target Retirement Income Fund (URINX) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, URINX achieves a 5.67% return, which is significantly lower than ITOT's 12.07% return. Over the past 10 years, URINX has underperformed ITOT with an annualized return of 5.76%, while ITOT has yielded a comparatively higher 15.10% annualized return.

URINX

• 1D: 0.08%
• 1M: 1.71%
• YTD: 5.67%
• 6M: 6.22%
• 1Y: 13.53%
• 3Y*: 10.48%
• 5Y*: 5.02%
• 10Y*: 5.76%

ITOT

• 1D: 0.25%
• 1M: 5.39%
• YTD: 12.07%
• 6M: 12.47%
• 1Y: 29.98%
• 3Y*: 22.39%
• 5Y*: 13.05%
• 10Y*: 15.10%

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

URINX vs. ITOT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
URINX USAA Target Retirement Income Fund	5.67%	12.36%	6.66%	10.79%	-10.38%	6.47%	8.74%	11.72%	-3.00%	8.34%
ITOT iShares Core S&P Total U.S. Stock Market ETF	12.07%	17.00%	23.80%	26.12%	-19.47%	25.68%	20.71%	30.67%	-5.33%	21.37%

Correlation

The correlation between URINX and ITOT is 0.85, 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	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.83
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (10Y) Calculated over the trailing 10-year period	0.84
Correlation (All Time) Calculated using the full available price history since Dec 16, 2008	0.85

The correlation between URINX and ITOT has been stable across timeframes, ranging from 0.83 to 0.85 - a consistent structural relationship.

Return for Risk

URINX vs. ITOT — Risk / Return Rank

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

URINX

URINX Risk / Return Rank: 81
URINX Sharpe Ratio Rank: 83
URINX Sortino Ratio Rank: 84
URINX Omega Ratio Rank: 79
URINX Calmar Ratio Rank: 78
URINX Martin Ratio Rank: 82

ITOT

ITOT Risk / Return Rank: 74
ITOT Sharpe Ratio Rank: 75
ITOT Sortino Ratio Rank: 73
ITOT Omega Ratio Rank: 74
ITOT Calmar Ratio Rank: 69
ITOT Martin Ratio Rank: 80

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.

URINX vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for USAA Target Retirement Income Fund (URINX) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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.

	URINX	ITOT	Difference
Sharpe ratio Return per unit of total volatility	2.67	2.47	+0.19
Sortino ratio Return per unit of downside risk	3.97	3.36	+0.61
Omega ratio Gain probability vs. loss probability	1.52	1.44	+0.08
Calmar ratio Return relative to maximum drawdown	3.53	3.45	+0.08
Martin ratio Return relative to average drawdown	15.39	15.85	-0.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

URINX vs. ITOT - Sharpe Ratio Comparison

The current URINX Sharpe Ratio is 2.67, which is comparable to the ITOT Sharpe Ratio of 2.47. The chart below compares the historical Sharpe Ratios of URINX and ITOT, 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

	URINX	ITOT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.67	2.47	+0.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.76	+0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.99	0.83	+0.16
Sharpe Ratio (All Time) Calculated using the full available price history	1.14	0.57	+0.57

Drawdowns

URINX vs. ITOT - Drawdown Comparison

The maximum URINX drawdown since its inception was -15.27%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for URINX and ITOT.

Drawdown Indicators

	URINX	ITOT	Difference
Max Drawdown Largest peak-to-trough decline	-15.27%	-55.20%	+39.93%
Max Drawdown (1Y) Largest decline over 1 year	-3.92%	-8.90%	+4.98%
Max Drawdown (3Y) Largest decline over 3 years	-4.84%	-19.44%	+14.60%
Max Drawdown (5Y) Largest decline over 5 years	-15.27%	-25.36%	+10.09%
Max Drawdown (10Y) Largest decline over 10 years	-15.27%	-35.00%	+19.73%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-1.92%	-6.97%	+5.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	1.93%	-1.03%

Volatility

URINX vs. ITOT - Volatility Comparison

The current volatility for USAA Target Retirement Income Fund (URINX) is 1.91%, while iShares Core S&P Total U.S. Stock Market ETF (ITOT) has a volatility of 2.89%. This indicates that URINX experiences smaller price fluctuations and is considered to be less risky than ITOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	URINX	ITOT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.91%	2.89%	-0.98%
Volatility (6M) Calculated over the trailing 6-month period	4.23%	9.11%	-4.88%
Volatility (1Y) Calculated over the trailing 1-year period	5.18%	12.18%	-7.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.29%	17.36%	-11.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.84%	18.27%	-12.43%

URINX vs. ITOT - Expense Ratio Comparison

URINX has a 0.04% expense ratio, which is higher than ITOT's 0.03% 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

URINX vs. ITOT - Dividend Comparison

URINX's dividend yield for the trailing twelve months is around 5.79%, more than ITOT's 0.97% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ITOT iShares Core S&P Total U.S. Stock Market ETF	0.97%	1.11%	1.23%	1.47%	1.66%	1.18%	1.41%	1.88%	2.14%	1.69%	1.83%	2.01%
URINX USAA Target Retirement Income Fund	5.79%	6.07%	4.22%	3.48%	6.63%	6.66%	3.97%	6.37%	6.11%	5.68%	3.34%	4.54%

Frequently Asked Questions

Can I hold both URINX and ITOT in my portfolio?

URINX and ITOT have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, URINX or ITOT?

ITOT has higher volatility (2.89%) compared to URINX (1.91%). In terms of maximum drawdown, URINX dropped -15.27% vs ITOT's -55.20%.

Which has better risk-adjusted returns?

URINX currently has the higher Sharpe Ratio (2.67 vs 2.47), 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.