VTHRX vs. URINX

Last updated Aug 2, 2026

VTHRX (Vanguard Target Retirement 2030 Fund) and URINX (USAA Target Retirement Income Fund) are both Target Retirement Date funds. Over the past 10 years, VTHRX returned 8.46%/yr vs 5.57%/yr for URINX. Their correlation of 0.92 means they have usually moved in the same direction. VTHRX charges 0.08%/yr vs 0.04%/yr for URINX.

Performance

VTHRX vs. URINX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Target Retirement 2030 Fund (VTHRX) and USAA Target Retirement Income Fund (URINX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTHRX achieves a 6.47% return, which is significantly higher than URINX's 5.97% return. Over the past 10 years, VTHRX has outperformed URINX with an annualized return of 8.46%, while URINX has yielded a comparatively lower 5.57% annualized return.

VTHRX

• 1D: 1.26%
• 1M: -0.57%
• 6M: 4.33%
• YTD: 6.47%
• 1Y: 14.64%
• 3Y*: 12.36%
• 5Y*: 6.39%
• 10Y*: 8.46%
• ALL TIME*: 7.22%

URINX

• 1D: 0.59%
• 1M: 0.17%
• 6M: 4.23%
• YTD: 5.97%
• 1Y: 11.68%
• 3Y*: 9.68%
• 5Y*: 4.98%
• 10Y*: 5.57%
• ALL TIME*: 6.67%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
URINX USAA Target Retirement Income Fund	$0.00	$0.00	$0.00
VTHRX Vanguard Target Retirement 2030 Fund	$0.00	$0.00	$0.00

VTHRX vs. URINX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTHRX Vanguard Target Retirement 2030 Fund	6.47%	16.25%	10.43%	16.24%	-16.28%	11.37%	14.11%	21.08%	-5.85%	15.24%
URINX USAA Target Retirement Income Fund	5.97%	12.36%	6.66%	10.79%	-10.38%	6.47%	8.74%	11.72%	-3.00%	8.34%

Correlation

The correlation between VTHRX and URINX is 0.96 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.96
Correlation (3Y) Balances recent behavior with more history.	0.93
Correlation (5Y) Shows whether the relationship held over a longer period.	0.94
Correlation (10Y) Provides a long-term view across more market conditions.	0.93
Correlation (All Time) Calculated using the full available price history since Dec 15, 2008	0.92

The correlation between VTHRX and URINX has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.

Return for Risk

VTHRX vs. URINX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

VTHRX

VTHRX Risk / Return Rank: 69
VTHRX Sharpe Ratio Rank: 69
VTHRX Sortino Ratio Rank: 67
VTHRX Omega Ratio Rank: 67
VTHRX Calmar Ratio Rank: 66
VTHRX Martin Ratio Rank: 74

URINX

URINX Risk / Return Rank: 85
URINX Sharpe Ratio Rank: 85
URINX Sortino Ratio Rank: 84
URINX Omega Ratio Rank: 83
URINX Calmar Ratio Rank: 85
URINX Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

VTHRX vs. URINX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2030 Fund (VTHRX) and USAA Target Retirement Income Fund (URINX). 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.

	VTHRX	URINX	Difference
Sharpe ratio: Return per unit of total volatility	1.56	2.05	-0.49
Sortino ratio: Return per unit of downside risk	2.23	3.01	-0.79
Omega ratio: Gain probability vs. loss probability	1.29	1.39	-0.10
Calmar ratio: Return relative to maximum drawdown	2.10	2.94	-0.84
Martin ratio: Return relative to average drawdown	8.72	12.40	-3.68

VTHRX vs. URINX - Sharpe Ratio Comparison

The current VTHRX Sharpe Ratio is 1.56, which is comparable to the URINX Sharpe Ratio of 2.05. The chart below compares the historical Sharpe Ratios of VTHRX and URINX, 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

VTHRX vs. URINX - Drawdown Comparison

The maximum VTHRX drawdown since its inception was -49.57%, which is greater than URINX's maximum drawdown of -15.27%. Use the drawdown chart below to compare losses from any high point for VTHRX and URINX.

Drawdown Indicators

	VTHRX	URINX	Difference
Max Drawdown Largest peak-to-trough decline	-49.57%	-15.27%	-34.30%
Max Drawdown (1Y) Largest decline over 1 year	-6.56%	-3.92%	-2.64%
Max Drawdown (3Y) Largest decline over 3 years	-9.64%	-4.84%	-4.80%
Max Drawdown (5Y) Largest decline over 5 years	-22.75%	-15.27%	-7.48%
Max Drawdown (10Y) Largest decline over 10 years	-24.86%	-15.27%	-9.59%
Current Drawdown Current decline from peak	-1.46%	-0.30%	-1.16%
Average Drawdown Average peak-to-trough decline	-6.15%	-1.90%	-4.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.58%	0.93%	+0.65%

Volatility

VTHRX vs. URINX - Volatility Comparison

Vanguard Target Retirement 2030 Fund (VTHRX) has a higher volatility of 2.63% compared to USAA Target Retirement Income Fund (URINX) at 1.44%. This indicates that VTHRX's price experiences larger fluctuations and is considered to be riskier than URINX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTHRX	URINX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.63%	1.44%	+1.19%
Volatility (6M) Calculated over the trailing 6-month period	7.48%	4.82%	+2.66%
Volatility (1Y) Calculated over the trailing 1-year period	8.87%	5.64%	+3.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.48%	6.37%	+4.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.22%	5.87%	+5.35%

VTHRX vs. URINX - Expense Ratio Comparison

VTHRX has a 0.08% expense ratio, which is higher than URINX's 0.04% 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

VTHRX vs. URINX - Dividend Comparison

VTHRX's dividend yield for the trailing twelve months is around 3.79%, less than URINX's 5.81% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
URINX USAA Target Retirement Income Fund	5.81%	6.07%	4.22%	3.48%	6.63%	6.66%	3.97%	6.37%	6.11%	5.68%	3.34%	4.54%
VTHRX Vanguard Target Retirement 2030 Fund	3.79%	4.03%	3.63%	2.59%	2.53%	17.56%	2.56%	2.38%	2.71%	0.06%	2.38%	3.72%

Frequently Asked Questions

Can I hold both VTHRX and URINX in my portfolio?

With a correlation of 0.96, VTHRX and URINX 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, VTHRX or URINX?

VTHRX has higher volatility (2.63%) compared to URINX (1.44%). In terms of maximum drawdown, VTHRX dropped -49.57% vs URINX's -15.27%.

Which has better risk-adjusted returns?

URINX currently has the higher Sharpe Ratio (2.05 vs 1.56), 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.