VTIUX vs. FCQTX

Last updated Aug 1, 2026

VTIUX (Voya Target Retirement 2065 Fund) and FCQTX (American Funds 2065 Target Date Retirement Fund) are both Target Retirement Date funds. Over the past 5 years, VTIUX returned 7.69%/yr vs 9.17%/yr for FCQTX. Their 0.96 correlation means they have historically moved very closely together. VTIUX charges 0.23%/yr vs 0.01%/yr for FCQTX.

Performance

VTIUX vs. FCQTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Voya Target Retirement 2065 Fund (VTIUX) and American Funds 2065 Target Date Retirement Fund (FCQTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTIUX achieves a 11.19% return, which is significantly higher than FCQTX's 8.57% return.

VTIUX

• 1D: 1.97%
• 1M: -0.57%
• 6M: 6.95%
• YTD: 11.19%
• 1Y: 23.38%
• 3Y*: 17.27%
• 5Y*: 7.69%
• 10Y*: —
• ALL TIME*: 11.62%

FCQTX

• 1D: 1.86%
• 1M: -1.70%
• 6M: 5.59%
• YTD: 8.57%
• 1Y: 18.86%
• 3Y*: 16.62%
• 5Y*: 9.17%
• 10Y*: —
• ALL TIME*: 15.95%

*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)
FCQTX American Funds 2065 Target Date Retirement Fund	$0.00	$0.00	$0.00
VTIUX Voya Target Retirement 2065 Fund	$0.00	$0.00	$0.00

VTIUX vs. FCQTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VTIUX Voya Target Retirement 2065 Fund	11.19%	21.00%	15.64%	20.89%	-18.91%	7.64%	17.84%
FCQTX American Funds 2065 Target Date Retirement Fund	8.57%	20.74%	15.64%	21.56%	-19.63%	17.34%	16.53%

Correlation

The correlation between VTIUX and FCQTX is 0.89, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.89
Correlation (3Y) Balances recent behavior with more history.	0.94
Correlation (5Y) Shows whether the relationship held over a longer period.	0.95
Correlation (All Time) Calculated using the full available price history since Jul 29, 2020	0.96

The correlation between VTIUX and FCQTX has been stable across timeframes, ranging from 0.89 to 0.96 - a consistent structural relationship.

Return for Risk

VTIUX vs. FCQTX — Risk / Return Rank

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

VTIUX

VTIUX Risk / Return Rank: 74
VTIUX Sharpe Ratio Rank: 71
VTIUX Sortino Ratio Rank: 71
VTIUX Omega Ratio Rank: 69
VTIUX Calmar Ratio Rank: 74
VTIUX Martin Ratio Rank: 85

FCQTX

FCQTX Risk / Return Rank: 48
FCQTX Sharpe Ratio Rank: 46
FCQTX Sortino Ratio Rank: 46
FCQTX Omega Ratio Rank: 45
FCQTX Calmar Ratio Rank: 45
FCQTX Martin Ratio Rank: 57

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.

VTIUX vs. FCQTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Target Retirement 2065 Fund (VTIUX) and American Funds 2065 Target Date Retirement Fund (FCQTX). 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.

	VTIUX	FCQTX	Difference
Sharpe ratio: Return per unit of total volatility	1.70	1.28	+0.42
Sortino ratio: Return per unit of downside risk	2.45	1.84	+0.61
Omega ratio: Gain probability vs. loss probability	1.31	1.23	+0.08
Calmar ratio: Return relative to maximum drawdown	2.45	1.74	+0.71
Martin ratio: Return relative to average drawdown	10.92	7.47	+3.45

VTIUX vs. FCQTX - Sharpe Ratio Comparison

The current VTIUX Sharpe Ratio is 1.70, which is higher than the FCQTX Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of VTIUX and FCQTX, 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

VTIUX vs. FCQTX - Drawdown Comparison

The maximum VTIUX drawdown since its inception was -33.42%, which is greater than FCQTX's maximum drawdown of -27.34%. Use the drawdown chart below to compare losses from any high point for VTIUX and FCQTX.

Drawdown Indicators

	VTIUX	FCQTX	Difference
Max Drawdown Largest peak-to-trough decline	-33.42%	-27.34%	-6.08%
Max Drawdown (1Y) Largest decline over 1 year	-9.54%	-9.83%	+0.29%
Max Drawdown (3Y) Largest decline over 3 years	-16.10%	-15.53%	-0.57%
Max Drawdown (5Y) Largest decline over 5 years	-33.42%	-27.34%	-6.08%
Current Drawdown Current decline from peak	-2.10%	-2.62%	+0.52%
Average Drawdown Average peak-to-trough decline	-8.86%	-5.78%	-3.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.07%	2.29%	-0.22%

Volatility

VTIUX vs. FCQTX - Volatility Comparison

Voya Target Retirement 2065 Fund (VTIUX) and American Funds 2065 Target Date Retirement Fund (FCQTX) have volatilities of 3.93% and 3.88%, 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

	VTIUX	FCQTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.93%	3.88%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	11.10%	11.05%	+0.05%
Volatility (1Y) Calculated over the trailing 1-year period	13.71%	13.34%	+0.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.35%	14.93%	+1.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.98%	15.09%	+0.89%

VTIUX vs. FCQTX - Expense Ratio Comparison

VTIUX has a 0.23% expense ratio, which is higher than FCQTX's 0.01% 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

VTIUX vs. FCQTX - Dividend Comparison

VTIUX's dividend yield for the trailing twelve months is around 13.27%, more than FCQTX's 4.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
FCQTX American Funds 2065 Target Date Retirement Fund	4.30%	4.67%	2.80%	1.99%	3.96%	1.54%	0.72%
VTIUX Voya Target Retirement 2065 Fund	13.27%	14.75%	3.18%	1.82%	5.43%	8.07%	1.41%

Frequently Asked Questions

Can I hold both VTIUX and FCQTX in my portfolio?

VTIUX and FCQTX have a correlation of 0.89, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTIUX or FCQTX?

VTIUX has higher volatility (3.93%) compared to FCQTX (3.88%). In terms of maximum drawdown, VTIUX dropped -33.42% vs FCQTX's -27.34%.

Which has better risk-adjusted returns?

VTIUX currently has the higher Sharpe Ratio (1.70 vs 1.28), 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.