{"url":"https://etfiq.com/models/compare/irtr/","section":"models","title":"IRTR vs the ETFIQ Strategic 40 benchmark | ETFIQ","description":"In the year to Sep 30, 2026, IRTR returned +5.11%, 0.16 points behind the ETFIQ Strategic 40 benchmark\u2019s hypothetical +5.27%.","as_of":"Oct 9, 2026","structured_data":[{"@type":"ItemList","name":"IRTR and its matched benchmark","numberOfItems":2,"itemListElement":[{"@type":"ListItem","position":1,"name":"IRTR, iShares LifePath Retirement ETF","url":"https://etfiq.com/funds/irtr"},{"@type":"ListItem","position":2,"name":"ETFIQ Strategic, 40% stocks","url":"https://etfiq.com/benchmarks/strategic-40/"}]},{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Why is IRTR measured against ETFIQ Strategic 40?","acceptedAnswer":{"@type":"Answer","text":"IRTR holds 40.2% of its net assets in stocks, counted through the funds it holds, so it sits in the moderately conservative band, more than 30% and up to 50% stocks. ETFIQ Strategic 40 is the benchmark for that band."}},{"@type":"Question","name":"What does ETFIQ Strategic 40 hold?","acceptedAnswer":{"@type":"Answer","text":"40% VT and 60% US bonds (BND and AGG in equal parts), rebalanced on the last trading day of each month. It is a published rule, not a fund, and ETFIQ takes no payment from any fund company."}},{"@type":"Question","name":"Why are the benchmark\u2019s returns hypothetical?","acceptedAnswer":{"@type":"Answer","text":"Its rule was frozen on a stated date. Returns before it apply today\u2019s rule and funds to earlier prices; the fund\u2019s own returns are its market price with distributions reinvested. The price source does not carry funds that closed before 2016, so nothing here is free of survivorship bias."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"ETF Models","item":"https://etfiq.com/models/"},{"@type":"ListItem","position":3,"name":"Every model","item":"https://etfiq.com/models/list/"},{"@type":"ListItem","position":4,"name":"IRTR","item":"https://etfiq.com/models/compare/irtr/"}]},{"@type":"WebPage","name":"IRTR vs the ETFIQ Strategic 40 benchmark","description":"In the year to Sep 30, 2026, IRTR returned +5.11%, 0.16 points behind the ETFIQ Strategic 40 benchmark\u2019s hypothetical +5.27%.","url":"https://etfiq.com/models/compare/irtr/","dateModified":"2026-10-09","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".lede",".faq"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":4944,"truncated":false,"content":"ETFIQ / ETF Models / Every model / IRTR \n \n Rebuilt every trading night. Figures as of Oct 9, 2026; trailing windows end at the last month end, Sep 30, 2026.\n IRTR against the ETFIQ Strategic 40 benchmark\n iShares LifePath Retirement ETF holds 40.2% of its net assets in stocks, counted through the funds it holds, which places it in the moderately conservative band. Its matched benchmark is ETFIQ Strategic, 40% stocks, a written rule, not a fund.\n +5.11% IRTR, 1 year \n +5.27%* Strategic 40, 1 year \n \u22120.16 Difference, points \n 0.08% Expense ratio \n\n In the year to Sep 30, 2026, IRTR returned +5.11%, 0.16 points behind the ETFIQ Strategic 40 benchmark\u2019s hypothetical +5.27%.\n ETFIQ Strategic, 40% stocks: launched on Oct 3, 2026, when ETFIQ froze its rule. Figures before Oct 5, 2026 are hypothetical: today\u2019s rule and funds applied to earlier prices, which is look-ahead. From Oct 5, 2026 the record is tracked, and a window that starts before it is hypothetical as a whole.\n Other allocation ETFs against their benchmarks\n ALTY AOA AOK AOM AOR AVMA CGBL DPRE FREI FTBI GAA GMOD GYLD HEFT INCM INKM IRTR ITDB ITDC ITDD ITDE IYLD JFLI MDIV MFUL NDOW OCIO PVEX RAA RISN RJVI RSMV TBFC TBFG TRND TRTY XFLX XRLX YLDW IRTR and Strategic 40 by window\n IRTR\u2019s own market-price total return beside Strategic 40 over the same closes; YTD and 1 year as total returns, the longer windows a year over whole months. The difference is the two printed figures subtracted, in percentage points. *Hypothetical as a whole: the benchmark\u2019s window begins before its tracked date, Oct 5, 2026. Data sourced by Tiingo .\n Total return of IRTR and ETFIQ Strategic, 40% stocks by window, to Oct 9, 2026. Data sourced by Tiingo. Window From To IRTR Strategic 40 Difference, points Side \n Year to date Dec 31, 2025 Oct 9, 2026 +4.36% +4.17%* +0.19 IRTR ahead \n 1 year Sep 30, 2025 Sep 30, 2026 +5.11% +5.27%* \u22120.16 IRTR behind \n 3 years, a year not published not published not published not published not published not published \n 5 years, a year not published not published not published not published not published not published \n 10 years, a year not published not published not published not published not published not published \n Since Oct 19, 2023, a year Oct 31, 2023 Sep 30, 2026 +11.96% +11.96%* 0.00 level \n\n Fees\n Both fees are already inside the returns above. On $10,000 is the fee times 100, the dollars a year at that fee.\n The expense ratio of IRTR and the weighted fund fee of ETFIQ Strategic, 40% stocks. Portfolio Fee A year On $10,000 As of \n IRTR Expense ratio, from its prospectus 0.08% $8 Nov 21, 2025 \n Strategic 40 Weighted fund fee, inside its returns 0.04% $4 Oct 9, 2026 \n\n Questions people ask\n Why is IRTR measured against ETFIQ Strategic 40? IRTR holds 40.2% of its net assets in stocks, counted through the funds it holds, so it sits in the moderately conservative band, more than 30% and up to 50% stocks. ETFIQ Strategic 40 is the benchmark for that band. What does ETFIQ Strategic 40 hold? 40% VT and 60% US bonds (BND and AGG in equal parts), rebalanced on the last trading day of each month. It is a published rule, not a fund, and ETFIQ takes no payment from any fund company. Why are the benchmark\u2019s returns hypothetical? Its rule was frozen on a stated date. Returns before it apply today\u2019s rule and funds to earlier prices; the fund\u2019s own returns are its market price with distributions reinvested. The price source does not carry funds that closed before 2016, so nothing here is free of survivorship bias. Total returns are market price with distributions reinvested, net of each fund\u2019s own fees, with nothing else deducted. The price source does not carry funds that closed before 2016, so nothing here is free of survivorship bias. Data sourced by Tiingo .\n Where these figures came from\n Data sourced by Tiingo U.S. Treasury daily bill rates, for the Sharpe ratio IRTR\u2019s page, with its prospectus and fee IRTR\u2019s prospectus filing, for its expense ratio Where to next\n IRTR fund page The Strategic 40 benchmark Every benchmark at 40% stocks Every model, side by side How the benchmarks are built ETFIQ is an independent publisher of exchange-traded fund data. It is not a fund issuer, broker-dealer or investment adviser, takes no payment from issuers, and makes no recommendations.\n \n Cite this page. ETFIQ, IRTR vs the ETFIQ Strategic 40 benchmark, data as of Oct 9, 2026. https://etfiq.com/models/compare/irtr/ Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, IRTR vs the ETFIQ Strategic 40 benchmark, data as of Oct 9, 2026. https://etfiq.com/models/compare/irtr/ APA ETFIQ. (Oct 9, 2026). IRTR vs the ETFIQ Strategic 40 benchmark. Retrieved from https://etfiq.com/models/compare/irtr/ Markdown [IRTR vs the ETFIQ Strategic 40 benchmark (ETFIQ, Oct 9, 2026)](https://etfiq.com/models/compare/irtr/)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, IRTR vs the ETFIQ Strategic 40 benchmark, data as of Oct 9, 2026. https://etfiq.com/models/compare/irtr/"}