# IYLD vs the ETFIQ Strategic 20 benchmark

> In the year to Sep 30, 2026, IYLD returned +6.94%, 5.27 points ahead of the ETFIQ Strategic 20 benchmark’s hypothetical +1.67%.

Data as of Oct 9, 2026. Rebuilt every trading night.

Rebuilt every trading night. Figures as of Oct 9, 2026; trailing windows end at the last month end, Sep 30, 2026.

## IYLD against the ETFIQ Strategic 20 benchmark

iShares Morningstar Multi-Asset Income ETF holds 24.9% of its net assets in stocks, counted through the funds it holds, which places it in the conservative band. Its matched benchmark is ETFIQ Strategic, 20% stocks, a written rule, not a fund.

+6.94% IYLD, 1 year

+1.67%* Strategic 20, 1 year

+5.27 Difference, points

0.50% Expense ratio

In the year to Sep 30, 2026, IYLD returned +6.94%, 5.27 points ahead of the ETFIQ Strategic 20 benchmark’s hypothetical +1.67%.

ETFIQ Strategic, 20% stocks: launched on Oct 3, 2026, when ETFIQ froze its rule. Figures before Oct 5, 2026 are hypothetical: today’s 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.

### Other allocation ETFs against their benchmarks

### IYLD and Strategic 20 by window

IYLD’s own market-price total return beside Strategic 20 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’s window begins before its tracked date, Oct 5, 2026. Data sourced by Tiingo .

| Window | From | To | IYLD | Strategic 20 | Difference, points | Side |
| --- | --- | --- | --- | --- | --- | --- |
| Year to date | Dec 31, 2025 | Oct 9, 2026 | +4.12% | +0.89%* | +3.23 | IYLD ahead |
| 1 year | Sep 30, 2025 | Sep 30, 2026 | +6.94% | +1.67%* | +5.27 | IYLD ahead |
| 3 years, a year | Sep 29, 2023 | Sep 30, 2026 | +10.03% | +7.40%* | +2.63 | IYLD ahead |
| 5 years, a year | Sep 30, 2021 | Sep 30, 2026 | +3.18% | +1.77%* | +1.41 | IYLD ahead |
| 10 years, a year | Sep 30, 2016 | Sep 30, 2026 | +3.48% | +3.41%* | +0.07 | IYLD ahead |
| Since Apr 5, 2012, a year | Apr 30, 2012 | Sep 30, 2026 | +4.07% | +3.60%* | +0.47 | IYLD ahead |

### Fees

Both fees are already inside the returns above. On $10,000 is the fee times 100, the dollars a year at that fee.

| Portfolio | Fee | A year | On $10,000 | As of |
| --- | --- | --- | --- | --- |
| IYLD | Expense ratio, from its prospectus | 0.50% | $50 | Nov 21, 2025 |
| Strategic 20 | Weighted fund fee, inside its returns | 0.04% | $4 | Oct 9, 2026 |

### Risk over 10 years

From monthly returns, Sep 30, 2016 to Sep 30, 2026, 120 months; the drawdown on daily values. Beta, correlation, tracking error and captures measure the fund against the benchmark.

| Figure | IYLD | Strategic 20 |
| --- | --- | --- |
| Volatility, a year | 10.32% | 6.18% |
| Largest drawdown, on daily values | −30.23% | −18.74% |
| Beta to the benchmark | 1.35 | measured against itself |
| Correlation | 0.81 | measured against itself |
| Tracking error, a year | 6.41% | measured against itself |
| Up capture | 1.26 | measured against itself |
| Down capture | 1.38 | measured against itself |

### Questions people ask

Why is IYLD measured against ETFIQ Strategic 20? IYLD holds 24.9% of its net assets in stocks, counted through the funds it holds, so it sits in the conservative band, more than 15% and up to 30% stocks. ETFIQ Strategic 20 is the benchmark for that band. What does ETFIQ Strategic 20 hold? 20% VT and 80% 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’s returns hypothetical? Its rule was frozen on a stated date. Returns before it apply today’s rule and funds to earlier prices; the fund’s 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’s 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 .

### Where these figures came from

### Where to next

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.

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, IYLD vs the ETFIQ Strategic 20 benchmark, data as of Oct 9, 2026. https://etfiq.com/models/compare/iyld/
Licence: https://etfiq.com/license/ Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/models/compare/iyld/