BAMA vs IRTR: Grades, Fees and Holdings Compared

Brookstone Active ETF

BAMADCboe

iShares LifePath Retirement ETF

IRTRANYSE Arca

Overlap

0.0%by weight

Expense ratio

IRTR −0.93pt a year

BAMA1.01%IRTR0.08%

Avg volume · 30D

IRTR 2.9×the volume

BAMA4.3KIRTR12.6K

3Y return · a year

BAMA +1.2pt

BAMA+13.1%IRTR+11.9%

BAMA vs IRTR Performance

Nov 6, 2025 – Nov 6, 2026

+5.8%BAMA+5.2%IRTR

Expense ratio: BAMA 1.01%; IRTR 0.08%, better
Fund size: BAMA $45M; IRTR $59M
1Y total return: BAMA +5.8%, better; IRTR +5.2%
Yield (12M): BAMA 1.48%; IRTR 3.21%, better
Holdings: BAMA 7; IRTR 29136
Avg volume (30D): BAMA 4.3K sh; IRTR 12.6K sh, better
NAV per share: BAMA $35.15; IRTR $31.23
52W range

ETF.net Grade

Pillar letters and Scores for BAMA, IRTR, with each pillar’s weight
Pillar	BAMA	IRTR
Cost30% weight	F14	A97Higher
Mission25% weight	C44	A100Higher
Risk15% weight	C46	A81Higher
Tradability15% weight	C51	B64Higher
Holdings10% weight	D34	A79Higher
Durability5% weight	C52	B56Higher

Rank among Multi-Asset Allocation funds

How we build Categories ›

Same Category. BAMA and IRTR are both graded against the same 36 Multi-Asset Allocation funds, so their Grades compare head to head.

Multi-Asset Allocation⁠

Category · 36 funds

See all 36 ›

IRTR ranks 3rd and BAMA 30th of 36 funds in the Multi-Asset Allocation Category.

Rank 1AUCBGState Street SPDR UC Investments 90/10 Endowment Strategy Index ETFScore 95
Rank 2AAOAiShares Core 80/20 Aggressive Allocation ETFScore 88
Rank 3AIRTRiShares LifePath Retirement ETFScore 86
Rank 4AINCEFranklin Income Equity Focus ETFScore 74
Rank 29DBAMOBrookstone Opportunities ETFScore 36
Rank 30DBAMABrookstone Active ETFScore 35
Rank 30DFDATTactical Advantage ETFScore 35

Our read on each fund

ETF.net Research

BAMADBrookstone Active ETF

IRTRAiShares LifePath Retirement ETF

In short

BAMA Brookstone's tactical sleeve in a wrapper: a handful of unaffiliated ETFs that can swing from all-in on stocks to all-out in Treasuries and cash. Price of that freedom: 1.01% net of a waiver through September 30, 2027.

IRTR A whole retirement portfolio in one ticker: global stock and bond ETFs blended at the conservative end, for 0.08% a year. That is index-fund pricing on a job most allocation funds charge roughly ten times more to do.

Stated mandate

BAMA The Fund seeks total return through active allocation among unaffiliated ETFs covering domestic and foreign equities, bonds, cash and cash equivalents, and potentially leveraged ETFs. Asset-class weightings may change with market conditions.

IRTR The fund seeks conservative exposure through a broad portfolio of stock and bond ETFs spanning global asset classes.

Why people hold it

BAMA The mandate is genuinely unconstrained: global stocks, bonds including junk, cash, even leveraged ETFs, with weights shifting as the adviser's outlook shifts.sec.gov
A fee waiver trims the 1.04% gross charge to 1.01% net through September 30, 2027. Distributions arrive quarterly.
One ticket buys the allocation calls of a multi-billion-dollar RIA, live since 2023 as part of an eight-ETF Brookstone lineup.brookstonecm.com cboe.com

IRTR Costs 0.08% a year against a 0.78% median for allocation funds. Roughly a tenth of the going rate for a portfolio-in-a-box.
One line item, global coverage. The fund holds a spread of stock and bond ETFs across asset classes, so the mixing happens inside the wrapper.ishares.com
Distributions come monthly rather than quarterly.
One of the strongest all-in-one allocation funds in its peer group, and the cheapest of that top tier: iShares' own AOA runs 0.19%.

Worth knowing

BAMA At 1.01% net, it sits above the allocation category's typical fee, and far above index-built peers like UCBG at 0.06% and IRTR at 0.08%.
A small fund that trades lightly, so spreads and order size matter more here than in the category's giants.
No index to measure it against: results ride on the adviser's timing, and any leveraged ETF it holds tracks daily moves, not long stretches.sec.gov

IRTR Thinly traded. Spreads can run wider than on household-name ETFs, so limit orders matter more here.
Launched in 2023, so the track record is short and the fund is still building scale.
Conservative by construction: it is built to move less than an all-stock portfolio, and that cuts in both directions.ishares.com

Full BAMA profile⁠

Full IRTR profile⁠

BAMA vs IRTR Holdings

How BAMA and IRTR differ

Overlap by weight

0.0%

About this figure: BAMA holds other funds. We compare those funds, not the stocks inside them.

Level by level

Holdings0 in both0.0%
Sector15 Sectors78.7%
Countryby domicile92.5%

Sector

Sector weights in BAMA and IRTR, widest gap first
Sector	Gap	BAMA	IRTR
Government	BAMA +10.6 points	10.6%	0.0%
Securitized	BAMA +5.3 points	5.3%	0.0%
Industrials	IRTR +5.3 points	6.6%	11.9%
Corporate	BAMA +5.2 points	5.2%	0.0%
Financials	IRTR +3.1 points	11.6%	14.7%
Energy	IRTR +2.7 points	1.9%	4.6%
Utilities	IRTR +2.5 points	1.4%	3.9%
Real Estate	IRTR +2.0 points	1.2%	3.2%
Health Care	IRTR +1.5 points	6.7%	8.2%
Materials	IRTR +1.2 points	2.3%	3.5%
Consumer Staples	IRTR +1.2 points	3.0%	4.2%
Consumer Discretionary	IRTR +0.9 points	7.0%	7.9%
Technology	IRTR +0.9 points	29.6%	30.5%
Communication	BAMA +0.1 points	7.5%	7.3%
Municipal	BAMA +0.1 points	0.1%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in BAMA and IRTR, widest gap first
Country	Gap	BAMA	IRTR
United States	IRTR +5.4 points	78.2%	83.6%
Taiwan	BAMA +1.9 points	2.9%	1.0%
Canada	IRTR +1.5 points	0.0%	1.5%
South Korea	BAMA +1.3 points	2.0%	0.7%
China	BAMA +1.0 points	1.8%	0.8%
India	BAMA +0.9 points	1.4%	0.5%
Japan	BAMA +0.5 points	2.7%	2.2%
Other countries (34)	BAMA +1.1 points	10.9%	9.8%

Outside the US: BAMA 52% developed, 48% emerging.

Concentration

Weight in the 10 largest Holdings

BAMA100.1%
IRTR9.7%

Securities held

BAMA7
IRTR29,039

Asset class

BAMA: Stocks
IRTR: Multi-Asset

Holdings

Only in BAMA7
In both0
Only in IRTR29,039

Only in BAMA

7 securities, 100% of BAMA by weight

State Street SPDR Portfolio S&P 500 ETF USD Class23.20%
SPDR Portfolio S&P 500 Growth ETF USD Class22.54%
State Street SPDR Portfolio Aggregate Bond Index ETF18.35%
iShares iBonds Dec 2027 Term Treasury ETF USD Class14.20%
iShares Core MSCI EAFE ETF10.48%
iShares Core MSCI Emerging Markets ETF USD Class10.36%
Bbh Sweep Vehicle1.00%

Only in IRTR

29,039 securities, 99.6% of IRTR by weight

Apple1.70%
NVIDIA1.45%
Microsoft1.36%
Treasury Note 1.38% 11/15/2031 (Tnote)1.30%
Amazon.com Inc0.86%
Treasury Note 2.63% 02/15/2029 (Tnote)0.77%
Alphabet Class A0.56%
Treasury Note 3.13% 11/15/2028 (Tnote)0.55%
Treasury (Cpi) Note 1.13% 10/15/2030 (Tips)0.54%
Treasury (Cpi) Note 1.25% 04/15/2031 (Tips)0.54%
Treasury (Cpi) Note 1.63% 04/15/2030 (Tips)0.53%
Treasury (Cpi) Note 1.63% 10/15/2029 (Tips)0.51%
Treasury Note 2.75% 02/15/2028 (Tnote)0.50%
Treasury (Cpi) Note 2.13% 04/15/2029 (Tips)0.49%
Treasury (Cpi) Note 2.38% 10/15/2028 (Tips)0.49%
Taiwan Semiconductor Manufacturing0.48%
Treasury (Cpi) Note 1.63% 10/15/2027 (Tips)0.48%
Treasury (Cpi) Note 1.25% 04/15/2028 (Tips)0.48%
Treasury (Cpi) Note 0.13% 04/15/2027 (Tips)0.47%
Broadcom Inc0.46%
Treasury (Cpi) Note 0.13% 01/15/2031 (Tips)0.46%
Treasury (Cpi) Note 0.13% 07/15/2031 (Tips)0.46%
Alphabet Class C0.46%
Meta Platforms Class A0.45%
Treasury (Cpi) Note 0.13% 07/15/2030 (Tips)0.44%
Treasury (Cpi) Note 0.38% 07/15/2027 (Tips)0.43%
Treasury (Cpi) Note 0.50% 01/15/2028 (Tips)0.43%
Treasury Bond 2.50% 05/15/2046 (Tbond)0.43%
Treasury Note 2.88% 05/15/2028 (Tnote)0.43%
Treasury Bond 3.75% 11/15/2043 (Tbond)0.42%
Treasury Bond 2.75% 11/15/2042 (Tbond)0.41%
Treasury (Cpi) Note 0.13% 01/15/2030 (Tips)0.40%
Treasury (Cpi) Note 0.38% 01/15/2027 (Tips)0.38%
Eli Lilly0.37%
Treasury Bond 6.13% 11/15/2027 (Tbond)0.37%
Treasury (Cpi) Note 0.75% 07/15/2028 (Tips)0.37%
Berkshire Hathaway Inc Class B0.36%
Treasury (Cpi) Note 0.25% 07/15/2029 (Tips)0.36%
Treasury Bond 1.88% 02/15/2051 (Tbond)0.35%
Tesla Inc0.34%
Treasury Note 4.00% 05/31/2028 (Tnote)0.32%
Treasury (Cpi) Note 0.88% 01/15/2029 (Tips)0.31%
JPMorgan Chase & Co0.31%
Treasury Note (Old) 4.38% 05/15/2036 (Tnote)0.29%
Treasury Note 2.38% 05/15/2029 (Tnote)0.28%
Treasury Note 4.00% 05/31/2030 (Tnote)0.26%
Treasury Note 4.00% 02/15/2034 (Tnote)0.26%
Treasury Note 4.00% 02/29/2028 (Tnote)0.26%
Treasury Note 3.88% 03/31/2028 (Tnote)0.25%
Micron Technology0.25%

Weight gaps

BAMA and IRTR share no securities.

All 8 BAMA holdings⁠All IRTR holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BAMA vs IRTR Cost

Overpaying BAMA vs IRTR

$17,161

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

BAMA 1.01%
$18,850
IRTR 0.08%
$1,689

Amount$10,000

Years30 years

Cost over time

BAMA 1.01%
IRTR 0.08%
Overpaying

Year by year

Year	BAMA	IRTR	Overpaying
10	$1,780	$147	$1,633
20	$6,686	$575	$6,111
30	$18,850	$1,689	$17,161

Expense ratio

1.01%BAMA
0.08%IRTR, cheaper

IRTR0.08%BAMA1.01%

0.06%1.36%

Middle half of Multi-Asset Allocation funds
Median 0.61%

IRTR 2nd cheapest of 36 funds

BAMA 31st cheapest of 36 funds

BAMA vs IRTR Dividends

Last 12 months to Nov 6, 2026

Yield (12M): BAMA 1.48%; IRTR 3.21%, better
Payout (12M): BAMA $0.52; IRTR $1.00
Last payment: BAMA $0.17; IRTR $0.07
Ex-dividend: BAMA Aug 28, 2026; IRTR Nov 3, 2026
Paid on: BAMA Sep 4, 2026; IRTR Nov 6, 2026
Frequency: BAMA Quarterly; IRTR Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

BAMAQuarterly · 11 paymentsAll BAMA payments⁠

IRTRMonthly · 36 paymentsAll IRTR payments⁠

BAMA vs IRTR Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: BAMA 9.0%IRTR 7.3%, better
Return per unit of riskSharpe ratio, 3 years: BAMA 1.09IRTR 1.14, better
Worst fallMax drawdown, 5 years: BAMA −12.3%since Sep 2023IRTR −6.3%since Oct 2023
Market sensitivityBeta, 5 years: BAMA 0.71IRTR 0.46; Market = 1

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