ITDJ vs SPY

ITDJ vs SPY

Which is better, ITDJ or SPY?

Target Date against Large Cap Blend.

SPY has a lower expense ratio. ITDJ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95.

Lower Fees: SPYHigher Returns: ITDJ

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricITDJSPY
Expense Ratio0.12%0.09%Best
AUM$16M$804.7B
Dividend Yield1.22%0.98%
Holdings8505
YTD Return+11.57%Best+10.96%
1Y Return+16.63%Best+15.52%
3Y Return (annualized)-+20.73%
5Y Return (annualized)-+12.53%
Volatility (annualized)11.8%Best12.8%
Max Drawdown-16.6%Best-18.8%
$10,000 over 1.8 years$13,374Best$12,816
Top 10 Weight-37.8%
Fund FamilyiShares by BlackRock (US)State Street Investment Management
CategoryAllocation/BalancedEquity
StyleTarget DateLarge Cap Blend
InceptionNov 12, 2024Jan 22, 1993

Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Nov 13, 2024 to Sep 16, 2026 (1.8 years).

ITDJ vs SPY growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.8 years both funds cover.

ITDJ vs SPY Performance

iShares LifePath Target Date 2070 ETF (ITDJ) is an ETF from iShares by BlackRock (US) and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year ITDJ returned +16.63% while SPY returned +15.52%. Year to date, ITDJ is up 11.57% versus a gain of 10.96% for SPY.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

SPY has been the more volatile fund, with annualized monthly volatility of 12.8% compared with 11.8% for ITDJ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -16.6% for ITDJ and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

ITDJ charges 0.12% per year while SPY charges 0.09%. On a $10,000 position that is $12 vs $9 annually, a gap of $3 per year that compounds over a long holding period. On income, ITDJ currently yields 1.22% against 0.98% for SPY.

Holdings Overlap

We hold position weights for 7 holdings in ITDJ and 504 in SPY, totalling 100.0% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

0 positions in common, counted across the 7 positions we hold weights for in ITDJ and 504 in SPY, against full books of 8 and 505.

What only one of them owns

Our book lists 497 positions for SPY that do not appear in our book for ITDJ (99.3% of the fund), and 7 for ITDJ that do not appear in SPY (100.0%).

Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.

You are not choosing between two funds in isolation.

Whichever of ITDJ and SPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

ITDJSPY

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, ITDJ or SPY?

ITDJ has an expense ratio of 0.12% while SPY charges 0.09%. SPY is the cheaper option, by $3 a year on a $10,000 investment.

Which performed better, ITDJ or SPY?

Over the past year ITDJ returned +16.63% vs +15.52% for SPY, so ITDJ leads on 1-year performance. Over the longest common window we track (2 years), ITDJ annualized +17.53% vs +14.78% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, ITDJ or SPY?

SPY has been the more volatile fund at 12.8% annualized versus 11.8% for ITDJ. Worst drawdown: ITDJ -16.6% vs SPY -18.8%.

Should I hold both ITDJ and SPY?

ITDJ and SPY have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

Which pays a higher dividend, ITDJ or SPY?

ITDJ yields 1.22% while SPY yields 0.98%, so ITDJ currently pays the higher dividend yield.

Is SPY better than ITDJ?

SPY has a lower expense ratio. ITDJ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.95. Which one suits a particular account depends on what it is for. This is information, not a recommendation.