VTTHX vs. DRIQX

Last updated Aug 2, 2026

VTTHX (Vanguard Target Retirement 2035 Fund) and DRIQX (Dimensional 2015 Target Date Retirement Income Fund) are both Target Retirement Date funds. Over the past 10 years, VTTHX returned 9.30%/yr vs 4.48%/yr for DRIQX. Their 0.64 correlation means they have sometimes moved together and sometimes differently. VTTHX charges 0.08%/yr vs 0.17%/yr for DRIQX.

Performance

VTTHX vs. DRIQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Target Retirement 2035 Fund (VTTHX) and Dimensional 2015 Target Date Retirement Income Fund (DRIQX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VTTHX achieves a 7.38% return, which is significantly higher than DRIQX's 3.01% return. Over the past 10 years, VTTHX has outperformed DRIQX with an annualized return of 9.30%, while DRIQX has yielded a comparatively lower 4.48% annualized return.

VTTHX

• 1D: 1.41%
• 1M: -0.54%
• 6M: 4.96%
• YTD: 7.38%
• 1Y: 16.37%
• 3Y*: 13.45%
• 5Y*: 7.23%
• 10Y*: 9.30%
• ALL TIME*: 7.97%

DRIQX

• 1D: 0.35%
• 1M: -0.44%
• 6M: 1.84%
• YTD: 3.01%
• 1Y: 6.61%
• 3Y*: 6.44%
• 5Y*: 1.86%
• 10Y*: 4.48%
• ALL TIME*: 5.07%

*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)
DRIQX Dimensional 2015 Target Date Retirement Income Fund	$0.00	$0.00	$0.00
VTTHX Vanguard Target Retirement 2035 Fund	$0.00	$0.00	$0.00

VTTHX vs. DRIQX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VTTHX Vanguard Target Retirement 2035 Fund	7.38%	17.55%	11.56%	17.37%	-16.64%	12.96%	14.80%	22.44%	-6.57%	16.81%
DRIQX Dimensional 2015 Target Date Retirement Income Fund	3.01%	8.83%	5.47%	8.17%	-14.79%	7.79%	14.31%	14.08%	-4.20%	7.82%

Correlation

The correlation between VTTHX and DRIQX is 0.84, 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.	0.84
Correlation (3Y) Balances recent behavior with more history.	0.77
Correlation (5Y) Shows whether the relationship held over a longer period.	0.72
Correlation (10Y) Provides a long-term view across more market conditions.	0.65
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.64

The correlation between VTTHX and DRIQX shifts across timeframes, from 0.64 (all time) to 0.84 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

VTTHX vs. DRIQX — Risk / Return Rank

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

VTTHX

VTTHX Risk / Return Rank: 70
VTTHX Sharpe Ratio Rank: 69
VTTHX Sortino Ratio Rank: 67
VTTHX Omega Ratio Rank: 67
VTTHX Calmar Ratio Rank: 68
VTTHX Martin Ratio Rank: 76

DRIQX

DRIQX Risk / Return Rank: 53
DRIQX Sharpe Ratio Rank: 54
DRIQX Sortino Ratio Rank: 54
DRIQX Omega Ratio Rank: 54
DRIQX Calmar Ratio Rank: 48
DRIQX Martin Ratio Rank: 53

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.

VTTHX vs. DRIQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2035 Fund (VTTHX) and Dimensional 2015 Target Date Retirement Income Fund (DRIQX). 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.

	VTTHX	DRIQX	Difference
Sharpe ratio: Return per unit of total volatility	1.57	1.46	+0.11
Sortino ratio: Return per unit of downside risk	2.23	2.10	+0.13
Omega ratio: Gain probability vs. loss probability	1.29	1.27	+0.02
Calmar ratio: Return relative to maximum drawdown	2.14	1.90	+0.24
Martin ratio: Return relative to average drawdown	8.86	7.47	+1.40

VTTHX vs. DRIQX - Sharpe Ratio Comparison

The current VTTHX Sharpe Ratio is 1.57, which is comparable to the DRIQX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of VTTHX and DRIQX, 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

VTTHX vs. DRIQX - Drawdown Comparison

The maximum VTTHX drawdown since its inception was -51.76%, which is greater than DRIQX's maximum drawdown of -19.86%. Use the drawdown chart below to compare losses from any high point for VTTHX and DRIQX.

Drawdown Indicators

	VTTHX	DRIQX	Difference
Max Drawdown Largest peak-to-trough decline	-51.76%	-19.86%	-31.90%
Max Drawdown (1Y) Largest decline over 1 year	-7.17%	-3.47%	-3.70%
Max Drawdown (3Y) Largest decline over 3 years	-10.87%	-5.12%	-5.75%
Max Drawdown (5Y) Largest decline over 5 years	-23.53%	-19.86%	-3.67%
Max Drawdown (10Y) Largest decline over 10 years	-27.15%	-19.86%	-7.29%
Current Drawdown Current decline from peak	-1.61%	-1.30%	-0.31%
Average Drawdown Average peak-to-trough decline	-6.06%	-3.84%	-2.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.73%	0.88%	+0.85%

Volatility

VTTHX vs. DRIQX - Volatility Comparison

Vanguard Target Retirement 2035 Fund (VTTHX) has a higher volatility of 2.94% compared to Dimensional 2015 Target Date Retirement Income Fund (DRIQX) at 1.10%. This indicates that VTTHX's price experiences larger fluctuations and is considered to be riskier than DRIQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VTTHX	DRIQX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.94%	1.10%	+1.84%
Volatility (6M) Calculated over the trailing 6-month period	8.25%	3.60%	+4.65%
Volatility (1Y) Calculated over the trailing 1-year period	9.80%	4.52%	+5.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.50%	7.07%	+4.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.41%	6.58%	+5.83%

VTTHX vs. DRIQX - Expense Ratio Comparison

VTTHX has a 0.08% expense ratio, which is lower than DRIQX's 0.17% 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

VTTHX vs. DRIQX - Dividend Comparison

VTTHX's dividend yield for the trailing twelve months is around 2.75%, less than DRIQX's 6.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DRIQX Dimensional 2015 Target Date Retirement Income Fund	6.36%	4.95%	4.53%	4.28%	6.51%	4.54%	3.76%	2.05%	2.23%	1.66%	1.37%	0.00%
VTTHX Vanguard Target Retirement 2035 Fund	2.75%	2.96%	3.12%	2.47%	2.71%	19.52%	2.50%	2.33%	2.69%	0.16%	2.77%	4.67%

Frequently Asked Questions

Can I hold both VTTHX and DRIQX in my portfolio?

VTTHX and DRIQX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VTTHX or DRIQX?

VTTHX has higher volatility (2.94%) compared to DRIQX (1.10%). In terms of maximum drawdown, VTTHX dropped -51.76% vs DRIQX's -19.86%.

Which has better risk-adjusted returns?

VTTHX currently has the higher Sharpe Ratio (1.57 vs 1.46), 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.