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ITDD vs ITDE

iShares LifePath Target Date 2040 ETF

ITDDBNYSE Arca

iShares LifePath Target Date 2045 ETF

ITDEBNYSE Arca

Overlap

No data

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

ITDD0.11%ITDE0.11%

Avg volume · 30D

ITDD 1.4×the volume

ITDD18.5KITDE13.3K

3Y return · a year

ITDE +1.8pt

ITDD+18.0%ITDE+19.8%

ITDD vs ITDE Performance

Oct 31, 2025 – Oct 30, 2026

+9.5%ITDD+10.7%ITDE

Oct 31, 2025 to Oct 30, 2026. ITDD +9.5%. ITDE +10.7%. Use the arrow keys to read each point.0%5%15%Oct 2025Apr 2026Oct 2026
Expense ratio
ITDD 0.11%
ITDE 0.11%
Fund size
ITDD $124M
ITDE $107M
1Y total return
ITDD +9.5%
ITDE +10.7%, better
Yield (12M)
ITDD 1.68%
ITDE 1.70%, better
Holdings
ITDD 29140
ITDE 29115
Avg volume (30D)
ITDD 18.5K sh, better
ITDE 13.3K sh
NAV per share
ITDD $38.17
ITDE $39.67
52W range

ETF.net Grade

ITDD: Cost 46, Risk 62, Mission 100, Tradability 75, Holdings 64, Durability 75. ITDE: Cost 46, Risk 60, Mission 100, Tradability 44, Holdings 59, Durability 65.
Pillar letters and Scores for ITDD, ITDE, with each pillar’s weight
PillarITDDITDE
Cost30% weightC46C46
Mission25% weightA100A100
Risk15% weightB62HigherB60
Tradability15% weightA75HigherC44
Holdings10% weightB64HigherB59
Durability5% weightA75HigherB65

Rank among Target Date funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. ITDD and ITDE are both graded against the same 9 Target Date funds, so their Grades compare head to head.

Target Date⁠

Category · 9 funds
See all 9 ›

ITDD ranks 3rd and ITDE 4th of 9 funds in the Target Date Category.

  1. Rank 1AITDCiShares LifePath Target Date 2035 ETFScore 83
  2. Rank 2AITDBiShares LifePath Target Date 2030 ETFScore 80
  3. Rank 3BITDDiShares LifePath Target Date 2040 ETFScore 69
  4. Rank 4BITDEiShares LifePath Target Date 2045 ETFScore 63
  5. Rank 4BITDGiShares LifePath Target Date 2055 ETFScore 63

Our read on each fund

ETF.net Research

ITDDBiShares LifePath Target Date 2040 ETF

ITDEBiShares LifePath Target Date 2045 ETF

In short

ITDD A whole retirement portfolio in one ticker: a global mix of stock and bond ETFs that drifts toward bonds as 2040 gets closer. The 401(k) staple, unbundled into something any brokerage account can buy for 0.11% a year.

ITDE A whole retirement portfolio in one ticker: a spread of iShares funds that steadily dials down risk as 2045 approaches. Target-date investing, long a 401(k) staple, packaged in an ETF wrapper.

Stated mandate

ITDD The fund seeks to provide a diversified mix of stock and bond ETFs for investors expecting to retire or begin withdrawals around 2040. Its allocation becomes more conservative as the target date approaches.

ITDE The fund seeks retirement outcomes through a diversified portfolio of ETFs whose allocation changes as the target date approaches.

Why people hold it

  • ITDD One trade buys a diversified global mix of stock and bond ETFs that grows more conservative as the 2040 target date nears. No rebalancing homework on your end.ishares.com
  • Costs 0.11% a year, in line with the typical target-date ETF and cheap for a fund that handles the whole asset mix.
  • Ordinary 1940 Act fund in an ETF wrapper, so the glide-path approach long locked inside employer plan menus trades like any other ticker.ishares.com
  • ITDE One ticker, one decision: a diversified basket of iShares funds that shifts from growth toward stability as the 2045 target date nears.ishares.com
  • Runs 0.11% a year, right at the target-date median, and mid-ladder inside the LifePath range (0.10% for ITDC's 2035 vintage, 0.12% for ITDJ's 2070).
  • The portfolio matches the mandate in its own documents, and it stands among the stronger builds in the small field of target-date ETFs.

Worth knowing

  • ITDD The glide path is the manager's design. The stock-to-bond shift runs on their schedule and their assumptions, not on your own read of markets or retirement timing.ishares.com
  • Launched in 2023 and trades lightly next to core index ETFs, so spreads can be wider than headline funds. Limit orders are the standard workaround.
  • In our target-date group it sits in the bottom quartile, behind LifePath siblings a few rungs up and down the ladder such as ITDC and ITDE.
  • ITDE Small and thinly traded, so spreads can run wider than on a mega index fund. Limit orders and avoiding the first and last minutes of the day matter here.
  • The glide path is BlackRock's judgment, not yours. The 2045 label describes the schedule for dialing down risk, not an outcome.
  • Launched in 2023, so the live record is short next to the target-date funds that have run for decades.

Full ITDD profile⁠

Full ITDE profile⁠

ITDD vs ITDE Holdings

How ITDD and ITDE differ

Overlap by weight is not available for these funds.

Level by level

  • Countryby domicile96.5%
  • Sector11 Sectors97.8%

Sector

Sector weights in ITDD and ITDE, widest gap first
SectorMore in ITDDMore in ITDE
IndustrialsITDD +0.8 points
CommunicationITDD +0.7 points
Health CareITDE +0.6 points
UtilitiesITDD +0.5 points
FinancialsITDE +0.4 points
Real EstateITDE +0.4 points
TechnologyITDD +0.4 points
Consumer StaplesITDE +0.3 points
MaterialsITDE +0.2 points
Consumer DiscretionaryITDE +0.1 points
EnergyITDE +0.1 points

Country, concentration and asset class

Country by domicile

Country weights in ITDD and ITDE, widest gap first
CountryMore in ITDDMore in ITDE
United StatesITDD +3.5 points
NetherlandsITDE +1.2 points
JapanITDE +0.6 points
Other countries (10)ITDE +1.7 points

Outside the US: ITDD 69% developed, 31% emerging. ITDE 69% developed, 31% emerging.

Concentration

Weight in the 10 largest Holdings

  • ITDD15.4%
  • ITDE17.3%

Asset class

ITDD
Multi-Asset
ITDE
Multi-Asset

Holdings

Top 10 Holdings

Top 10 holdings by combined weight
HoldingITDDITDE
AAPLApple3.10%3.48%
NVDANVIDIA2.97%3.34%
MSFTMicrosoft2.41%2.71%
AMZNAmazon.com Inc1.45%1.63%
Taiwan Semiconductor ManufacturingTaiwan Semiconductor Manufacturing1.11%1.28%
GOOGLAlphabet Class A1.02%1.14%
AVGOBroadcom Inc0.94%1.06%
METAMeta Platforms Class A0.84%0.94%
GOOGAlphabet Class C0.82%0.92%
TSLATesla Inc0.73%0.82%

All ITDD holdings⁠All ITDE 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.

ITDD vs ITDE Cost

Same expense ratio

$2,313

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

  • ITDD 0.11%

    $2,313

  • ITDE 0.11%

    $2,313

$10,000
30 years

Cost over time

  • ITDD 0.11%
  • ITDE 0.11%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K$2.5K051015202530ITDD $2,313ITDE $2,313

Year by year

YearITDDITDE
10$201$201
20$788$788
30$2,313$2,313

Expense ratio

  • 0.11%ITDD
  • 0.11%ITDE
  • Middle half of Target Date funds
  • Median 0.11%

ITDD 3rd cheapest of 9 funds

ITDE 3rd cheapest of 9 funds

ITDD vs ITDE Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ITDD 1.68%
ITDE 1.70%, better
Payout (12M)
ITDD $0.64
ITDE $0.67
Last payment
ITDD $0.64
ITDE $0.67
Ex-dividend
ITDD Dec 23, 2025
ITDE Dec 23, 2025
Paid on
ITDD Dec 29, 2025
ITDE Dec 29, 2025
Frequency
ITDD Annual
ITDE Annual

Distribution history

Per share, 2023 to 2026, same scale for both

ITDDAnnual · 3 paymentsAll ITDD payments⁠
One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 22, 2023 $0.24; Dec 20, 2024 $0.48; Dec 23, 2025 $0.64. Use the arrow keys to read each point.$0$0.5020232026YTD
ITDEAnnual · 3 paymentsAll ITDE payments⁠
One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 22, 2023 $0.24; Dec 20, 2024 $0.51; Dec 23, 2025 $0.67. Use the arrow keys to read each point.$0$0.5020232026YTD

ITDD vs ITDE Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ITDD 9.8%, betterITDE 10.6%
Return per unit of riskSharpe ratio, 3 years
ITDD 1.30ITDE 1.35, better
Worst fallMax drawdown, 5 years
ITDD −12.5%since Oct 2023ITDE −14.7%since Oct 2023
Market sensitivityBeta, 5 years
ITDD 0.75ITDE 0.83

Popular comparisons

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