ETF Evaluator:
iShares LifePath Retirement ETF ()
Follow This ETF
(as of Aug 26)
Best Performing in Target-Date Retirement Over the Last Year
| 10.3% | iShares LifePath Retirement ETF (IRTR) |
| 10.3% | Target-Date Retirement () |
Risk
Index
Risk
Index
ETF Details
iShares LifePath Retirement ETF Overview
iShares LifePath Retirement ETF (IRTR) is an actively managed Allocation Target-Date Retirement exchange-traded fund (ETF). iShares launched the ETF in 2023.
The investment seeks to provide exposure to a conservative, broad portfolio of ETFs covering global asset classes.
The fund is actively managed and allocates and reallocates its assets among a combination of underlying funds in proportions based on its own investment strategy.
About iShares LifePath Retirement ETF (IRTR)
There are 2 members of the management team with an average tenure of 2.79 years: Suzanne Ly (2023) and Christopher Chung (2023). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: Bloomberg US Agg Bond TR USD index with a weighting of 100% and Russell 1000 TR USD index with a weighting of 100%. iShares LifePath Retirement ETF has 15 securities in its portfolio. The top 10 holdings constitute 96.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
iShares LifePath Retirement ETF is part of the Allocation global asset class and is within the Allocation ETF group. iShares LifePath Retirement ETF has 16.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 25.8% There is 14.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 58.4% (56.1% domestic bond, 2.3% foreign bond and 0.0% convertible bond). iShares LifePath Retirement ETF has 1.8% of the portfolio in cash.
Assets Under Management
The fund has $58 million in total assets, which is above the $58 million average for the Target-Date Retirement category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
IRTR Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The iShares LifePath Retirement ETF expense ratio is low compared to funds in the Target-Date Retirement category. iShares LifePath Retirement ETF has an expense ratio of 0.08%, which is the same as its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. iShares LifePath Retirement ETF has a portfolio turnover rate of 18%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 18% for the Target-Date Retirement category.
Recently, in the month of July 2026, iShares LifePath Retirement ETF returned -0.9%, which earned it a grade of A, as the Target-Date Retirement category had an average return of -0.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
iShares LifePath Retirement ETF has a trailing yield of 3.10%, which is equal to the 3.10% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
iShares LifePath Retirement ETF Grades
Year to date, the ETF has returned 4.5%, 0.0 percentage points equal to the category, which translates into a grade of C. The fund has returned 10.3% over the past year (grade of C).
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IRTR Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| IRTR Return (NAV) | -0.9% | 1.1% | 10.3% | na | na | na |
| IRTR Return (Price) | -0.8% | 1.2% | 10.4% | na | na | na |
| NAV +/- Price Return | -0.058% | -0.109% | -0.074% | na | na | na |
| Target-Date Retirement Avg | -0.9% | 1.1% | 10.3% | na | na | na |
| IRTR Grade (NAV) | C | C | C | na | na | na |
| +/- Category (NAV) | 0.0% | 0.0% | 0.0% | na | na | na |
| IRTR Tax-Cost Ratio | na | na | 1.2% | na | na | na |
IRTR Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| IRTR Return (NAV) | 4.5% | 12.2% | 8.1% | na | na | na | na | na | na | na | na |
| IRTR Return (Price) | 4.5% | 12.7% | 7.6% | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.014% | 0.040% | -0.058% | na | na | na | na | na | na | na | na |
| Target-Date Retirement Avg | 4.5% | 12.2% | 8.1% | na | na | na | na | na | na | na | na |
| IRTR Grade (NAV) | C | C | C | na | na | na | na | na | na | na | na |
| +/- Category | 0.0% | 0.0% | 0.0% | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 3.1% |
| Total Assets: | $ 58 Mil |
| Share Class Assets: | $ 58 Mil |
| Turnover: | 18.0% |
| Expense Ratio: | 0.08% |
| Index Fund: | No |
| Index Tracked: | Bloomberg US Agg Bond TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 2.8 years | |||
| Average Tenure: 2.8 years | |||
| Managers (Year): Ly Suzanne (2023), Chung Christopher (2023) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 15 |
| % in Top 10 Holdings: | 96.6% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 16.4% |
Portfolio Allocation |
|
| Domestic Stock: | 25.8% |
| Foreign Stock: | 14.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 56.1% |
| Foreign Bond: | 2.3% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.8% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | iShares |
| Phone Number: | 800-474-2737 |
| Website: | au.ishares.com |
| Inception Date: | October 17, 2023 |
Expenses and Fees
| Expense Ratio (%): | 0.08% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.08% |
