VTIUX vs. PADLX

Last updated Apr 2, 2026

Compare and contrast key facts about Voya Target Retirement 2065 Fund (VTIUX) and Putnam Retirement Advantage Maturity Fund (PADLX).

VTIUX is managed by Voya. It was launched on Jul 28, 2020. PADLX is managed by Putnam. It was launched on Dec 30, 2019.

Performance

VTIUX vs. PADLX - Performance Comparison

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

VTIUX vs. PADLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
VTIUX Voya Target Retirement 2065 Fund	-1.67%	21.00%	15.64%	20.89%	-18.91%	7.64%	17.84%
PADLX Putnam Retirement Advantage Maturity Fund	-0.28%	10.83%	8.34%	11.01%	-12.54%	2.93%	4.51%

Returns By Period

In the year-to-date period, VTIUX achieves a -1.67% return, which is significantly lower than PADLX's -0.28% return.

VTIUX

• 1D: 2.91%
• 1M: -5.85%
• YTD: -1.67%
• 6M: 1.26%
• 1Y: 19.98%
• 3Y*: 15.87%
• 5Y*: 6.40%
• 10Y*: —

PADLX

• 1D: 0.55%
• 1M: -2.39%
• YTD: -0.28%
• 6M: 1.83%
• 1Y: 9.84%
• 3Y*: 8.76%
• 5Y*: 3.42%
• 10Y*: —

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

VTIUX vs. PADLX - Expense Ratio Comparison

VTIUX has a 0.23% expense ratio, which is higher than PADLX's 0.22% 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%.

VTIUX

Voya Target Retirement 2065 Fund

PADLX

Putnam Retirement Advantage Maturity Fund

Return for Risk

VTIUX vs. PADLX — Risk / Return Rank

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

VTIUX

VTIUX Risk / Return Rank: 63
VTIUX Sharpe Ratio Rank: 68
VTIUX Sortino Ratio Rank: 71
VTIUX Omega Ratio Rank: 71
VTIUX Calmar Ratio Rank: 44
VTIUX Martin Ratio Rank: 59

PADLX

PADLX Risk / Return Rank: 85
PADLX Sharpe Ratio Rank: 86
PADLX Sortino Ratio Rank: 86
PADLX Omega Ratio Rank: 85
PADLX Calmar Ratio Rank: 82
PADLX Martin Ratio Rank: 86

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.

VTIUX vs. PADLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Voya Target Retirement 2065 Fund (VTIUX) and Putnam Retirement Advantage Maturity Fund (PADLX). 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.

	VTIUX	PADLX	Difference
Sharpe ratio Return per unit of total volatility	1.31	1.75	-0.45
Sortino ratio Return per unit of downside risk	1.93	2.46	-0.53
Omega ratio Gain probability vs. loss probability	1.29	1.37	-0.08
Calmar ratio Return relative to maximum drawdown	1.35	2.23	-0.88
Martin ratio Return relative to average drawdown	6.52	9.78	-3.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

VTIUX vs. PADLX - Sharpe Ratio Comparison

The current VTIUX Sharpe Ratio is 1.31, which is comparable to the PADLX Sharpe Ratio of 1.75. The chart below compares the historical Sharpe Ratios of VTIUX and PADLX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	VTIUX	PADLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.31	1.75	-0.45
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.52	-0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.55	+0.08

Correlation

The correlation between VTIUX and PADLX is 0.81, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

VTIUX vs. PADLX - Dividend Comparison

VTIUX's dividend yield for the trailing twelve months is around 15.00%, more than PADLX's 4.74% yield.

	TTM	2025	2024	2023	2022	2021	2020
VTIUX Voya Target Retirement 2065 Fund	15.00%	14.75%	3.18%	1.82%	5.43%	8.07%	1.41%
PADLX Putnam Retirement Advantage Maturity Fund	4.74%	5.03%	3.71%	2.91%	1.01%	1.45%	1.66%

Drawdowns

VTIUX vs. PADLX - Drawdown Comparison

The maximum VTIUX drawdown since its inception was -33.42%, which is greater than PADLX's maximum drawdown of -18.87%. Use the drawdown chart below to compare losses from any high point for VTIUX and PADLX.

Drawdown Indicators

	VTIUX	PADLX	Difference
Max Drawdown Largest peak-to-trough decline	-33.42%	-18.87%	-14.55%
Max Drawdown (1Y) Largest decline over 1 year	-11.59%	-4.65%	-6.94%
Max Drawdown (5Y) Largest decline over 5 years	-33.42%	-18.87%	-14.55%
Current Drawdown Current decline from peak	-6.91%	-2.93%	-3.98%
Average Drawdown Average peak-to-trough decline	-9.30%	-4.95%	-4.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.81%	1.06%	+1.75%

Volatility

VTIUX vs. PADLX - Volatility Comparison

Voya Target Retirement 2065 Fund (VTIUX) has a higher volatility of 5.28% compared to Putnam Retirement Advantage Maturity Fund (PADLX) at 2.05%. This indicates that VTIUX's price experiences larger fluctuations and is considered to be riskier than PADLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTIUX	PADLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.28%	2.05%	+3.23%
Volatility (6M) Calculated over the trailing 6-month period	9.33%	3.27%	+6.06%
Volatility (1Y) Calculated over the trailing 1-year period	17.09%	5.82%	+11.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.12%	6.63%	+9.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.03%	7.56%	+8.47%